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The 4 guiding principles of business digitalization

Many insurers understand the need to adopt digital technologies as part of their business models, but are uncertain about how to actually do it. Here's where to start.

By Hannah Bender | Updated on December 29, 2014

While insurers see the need to adopt digital technologies as part of their business models, many are uncertain how to actually achieve it. Further, many do not know where they should focus their goals and resources, according to Accenture’s Digital Innovation Survey. 

Implementing long-term digitalization strategies helps an insurer stay ahead of its competitiors in an ever-evolving market. It also involves transforming the value chain, developing new partnerships, creating a customer-centric business model, and leveraging data capabilities for personalized experiences.

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