Investing in automation, predictive analytics and cognitive computing will enable today's insurers to remain profitable in an increasingly competitive marketplace. (Shutterstock) Insurers can expect increased competition in the property and casualty space, especially when it comes to attracting and retaining younger customers. (Shutterstock)

Insurance companies have thrived with legacy platforms, but over time these systems have incurred high maintenance and support costs.

Fusing traditional insurance technologies with digital tools increases efficiency, reduces costs, and grows business in today's highly competitive insurance market.

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