Credit: Premreuthai/Adobe Stock

Digital transformation is advancing rapidly across the insurance sector – from AI in underwriting to automation in customer service. Yet in many organizations, the financial infrastructure that supports these innovations hasn’t evolved at the same pace.

While improvements in payment speed and experience have been welcome, they haven’t fully addressed the structural inefficiencies that exist behind the scenes – particularly around fund movement, treasury control, and the demands of regulatory compliance, which many insurers still manage through complex, manual processes. The next wave of transformation depends on rethinking the systems at the financial core of the business.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.