Breakfast briefing | 8am - 10am | 21st November | The Gherkin
Leveraging digital, data and automation to improve commercial underwriting
Technology is already driving change across the insurance value chain, reducing cost, increasing speed and improving service for clients.
Within underwriting the critical component that connects underwriting capital to risk is data. The combination of digital capabilities, advanced data analytics and automation is set to transform our understanding of traditional risks, open the door to develop new products and transform underwriting processes.
However, if the true benefits of transforming underwriting are the be realised directors need to overcome the cultural, technological and operational challenges.
Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of information technology (IT) consulting and outsourcing services that accelerate outcomes for businesses in banking, insurance, healthcare, telecommunications, technology, and media & entertainment. Virtusa's outsourcing solutions enable businesses to improve operational efficiency and reduce IT costs. Virtusa’s digital transformation solutions empower clients to accelerate revenue growth and reimagine the customer experience.
Through the acquisition of a majority interest in Polaris Consulting Services Ltd. in March 2016, Virtusa has created a robust platform to provide end-to-end solutions and services in banking and financial services, strengthening its positioning as a top, global FinTech services provider. Virtusa Corporation is headquartered in Massachusetts and has 50 offices across North America, Europe and Asia.
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