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Eightwaystobeat
next-geninsurers
UriKogan
VicePresident, ProductMarketing
Agenda
2
01
03
02
Next generation insurers do 8 things differently – and you can too
Reinventing Policy Administration , Underwriting , and Claims
Questions04
Overcoming the obstacles to change
8waystothink
different
#1
Firstprinciples
thinking.
Don’tbetrapped
bydogma,which
islivingwiththe
resultsofother
people’s
thinking.”
– Steve Jobs
“WhatbusinessproblemamItryingtosolve?”
“Ifsomeonewereinventinginsurancetoday,
whatwoulditlooklike?”
#2
Yourcustomeris
hyper-connected.
Let’sautomate
theprocess!
8
#3
Extendthevalue
prop,butdon’t
reinventthewheel.
Airplane Car Hotel
#4
From
price&product
toexperience.
Fromthecustomerperspective,theexperienceisoftena
singlejourney.Customersareunlikelytodrawasharp
distinctionbetweenanagentandaclaimsadjuster.”
–McKinsey&Company
Atypicalinsurancecarriertodaydeliverscustomer
experiencesviaseparatefunctions…managedbydifferent
executiveswithdifferentgoalsandmetrics.
#5
Everyoneisyour
competitor.
#6
Smarternot
harder.
Neverleta
crisisgoto
waste.
17
#7
Embrace
information
everywhere.
Don’tfightthe
proliferationof
content.
19
#8
Modulesnot
monoliths.
Assemblesystemsfromfunctionalservices
Overcomingthelegacy
burden
Next-gencore
insurance
processes
Policyadministration
Underwriting
Claims
Thankyou&
Questions
Learn more:
nuxeo.com/fiserv
@nuxeo

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8 Ways to Win Against Next-Gen Insurers