Displaying items by tag: Insurance Companies

The rise of open banking and open finance, along with financial solutions ecosystems, represent one of the most compelling trends in financial services this decade. Service offerings and coverage are being reoriented, focusing on personalized and easy-to-access experiences, expanding coverage by reaching more customers and making their transactions data-driven.

While it is true that it seems unlikely that in two years we will all have replaced our combustion car with a scooter or an electric bike, or that most vehicles will be plug-in electric..., it is no less true that mobility is undergoing a substantial change and that this change will have a very relevant impact on the financial sector in general and on the insurance sector in particular.

The technology needs of some organizations reflect the urgency to establish strategic priorities and develop agile solutions that meet customer demands quickly and efficiently. One of these strategic solutions will be the definite adoption of SaaS models.

Insurance is a financial instrument that allows individuals, companies and the State to transfer their risks to a third party -person or company-, through the payment of a sum of money.