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Predictions 2023 Report
Dec 14, 2022 Artificial Intelligence, Automation, Cloud, Core System Implementation, Data, Embedded Insurance, Front ends, Process Automation, Report, Telematics , Report , Sollers
By Christoph Baltzer

Predictions2023 cover

2023 will be the year of automation. It applies not only to insurers’ back-end processes and the core systems that support them but also to distribution. Economic pressures will drive insurers to improve efficiency through technology. Two main factors will force insurers to enhance their operations and streamline their business processes. The first is claims inflation and the second is lower growth prospects in premium income.