Customer expectations of faster, hyper-personalized, and assisted self-services have spiraled to new heights in this era of digital adoption. New business models are democratizing innovation in the industry and insuretechs are upending yesterday’s success strategies with value added services and disrupting businesses across the insurance value chain.
While carriers are grappling with the potentially conflicting needs of reducing tech debt / managing legacy ecosystems while enabling the new business models, many of the core technologies have matured to support this need.
Riddique Infotech has defined a set of capabilities needed to manage this new paradigm through the “Insurer of the future” construct. This is enabled by Riddique Infotech’s insurance offerings consisting of IP/products along with the insuretech partner ecosystem.