Modernization Strategies for Insurers

Webcast On-Demand

Modernization is key to cloud transformation.

Cognizant’s experts partner with insurers to envision and build the digital insurer of the future.

Accelerate cloud transformation

“Win the digital arms race” by successfully moving into the new world of data, machines, hyper-personalization and consortia building. Achieve greater agility, security, and scale.
Modernize policyholder applications

Reduce processing times, anticipate customer needs and create personalized experiences in near real-time. Modernizing your policyholder applications will fuel innovation and cut costs.
Make data-driven decisions

Modernize data foundations – current, accurate and relevant data – for deeper business insights and the ability to target the right customers through the right channels with the right offerings in the right sequence. Insurers make the best decisions based on data that matters most.

Meet our experts

In this recently recorded webcast, Craig and Chad shared real-life cases of how leading insurers transformed their business by migrating legacy systems, data, and workflows to modern cloud platforms. Listen now!

Craig Weber

Insurance Practice Leader, Life and Retirement, Cognizant

Craig leads Cognizant’s life and retirement insurance practice. He helps Life, Annuity, and Retirement & Group insurers address their critical business problems related to digital transformation and core modernization. Craig is a creative consultant and thought leader who thrives building high-performance strategies, cohesive teams, and optimal customer experiences.
Chad Hersh

Global Life Insurance Industry Lead, Amazon Web Services

Chad leads AWS’ business and market development for Life Insurance, Pensions, and Group Benefits Carriers globally. He has been widely quoted in Dow Jones, the Associated Press and ABC, and frequently authors articles for insurance trade publications. Chad is a frequent presenter at industry events sponsored by ACORD, LOMA, IASA.

30%

Reduction in cost

Modernizing core applications can help reduce the cost of legacy applications by 30% and speed up application release cycles by 15%.

Learn how Cognizant helps insurers reimagine their business with modern, agile applications that scale.

Digital transformation boosts CX

Modern technologies have finally caught up to the challenges of the Insurance industry, enabling Insurers to be more agile, reduce costs, and deliver superior customer experiences.

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Vying for digital supremacy

Insurers expect dramatic changes to their work by 2023, according to our study. Speeding processes, harnessing data, and forming collaborations will be key to winning the digital arms race ahead.

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Insurers’ quest for digital dominance

Carriers are building a digital arsenal to combat the risks created by Black Swan events and stay ahead of customer demands in today’s hypercompetitive world

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How insurers build a modern data foundation

Modernize data foundations – current, accurate and relevant data – for deeper business insights and the ability to target the right customers with the right offerings in the right sequence.

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Positive Claims Experiences When Needed Most

By retooling their operations to deliver empathy, transparency and rapid responses, P&C insurers can convert catastrophe claims into positive customer experiences that boost retention.

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