24x7ESI is a Insurtech company that develops products and solutions which drives innovation for the Property and Casualty industry. Founded in 2002, our team of insurance SMEs leverage their deep domain expertise to build data-enabled analytics and smart interfaces, empowering our stakeholders to effectively harness data.
The insurance industry faces several challenges. Technology-driven disruptions. Evolving consumer expectations. Intense cost and competitive pressures. Profound regulatory change. Unprecedented opportunity in emerging markets. Environmental sustainability. Lingering economic uncertainty.
To seize the opportunity and achieve sustainable market leadership, insurers must commit to continual self-disruption and ongoing innovation. Routine tech upgrades and operational refinements for increased efficiency, while important, are insufficient.
Innovation is happening across the entire value chain. Processes must be data-driven, personalized, contextualized and automated. In planning for future growth, carriers must aim to get ahead of these major market shifts and adopt a holistic approach to transformationto ensure their strategies align with where the market is going.
American IT Solutions Association