Connected Decisions: How a Holistic Approach to Decision Making Can Help Insurers Build a Profitable Book of Business

For insurance companies, growth isn't just a numbers game—increasingly, it's based on market and customer insights that enable cross-selling and up-selling to existing policyholders. However, developing an optimal customer strategy requires a different kind of operating model, and the ability to pull together quality information across channels and siloed departments continues to be a challenge across the industry. As a result, many insurers are essentially leaving money on the table for their existing book of business through imprecise pricing and product selection. Learn how a connected decisions approach of sharing data, analytics and intelligence across the new business cycle produces better decisions, improved speed to market and enhance profitability. We’ll discuss how insurers can:

• Reduce the number of applications referred for manual review.
• Reduce costs and driving revenue generation while improving ease of doing business.
• Improve the agility of new business and product development processes by giving business managers more control.
• Take a customer lifecycle view vs. a functional view.