Why Fast-Changing Market Conditions Demand Agile Insurtech Ecosystems
The resources required to build technologies from scratch are labor-intensive, and when carriers have a way to shorten the time to market, they achieve a competitive edge.
The insurance market is fiercely competitive, and insurance carriers need the ability to test and deploy new technologies with greater speed. The resources required to build technologies from scratch are labor-intensive, and when carriers have a way to shorten the time to market, they achieve a competitive edge.
We recently spoke with Andrew Yohn, product lead at Duck Creek Technologies, about the benefits of leveraging an insurtech ecosystem in core systems and how plug-and-play technologies capture a competitive advantage. He explains how the company is constantly exploring the “art of what’s possible” to develop prebuilt integrations that enable carriers to stay on the cutting edge of technology and achieve greater success. To learn more, hit play.