In the business world, change is constant
We are witnessing the start of a new industrial revolution, fuelled by data rather than coal. As successful data-driven companies use real-time analytics based on quality data to anticipate future risks, enable faster decisions and empower their people to respond quickly. Data is at their heart.
Today, the public sector is facing a twofold evolution. One, citizens are increasingly demanding more varied and technical services from governments in general and, simultaneously, these administrations face both strong budgetary constraints and difficulty attracting talent.
The insurance industry is rapidly changing due to the digitalisation of the economy and society. In order to stay competitive, Insurance companies need to prepare for the future ahead. But what does this future look like? And what can Insurance companies do to pivot effectively?