How Business Rule Automation Helps Insurers Deal With Digital Disruption
Insurers are facing a perfect storm of change, driven by digital industry disruption. Your customers' expectations and habits are changing; the forces acting on your business model are changing, particularly in relation to distribution; and your competition is changing. All these factors together are creating a business and technology environment characterized by greater customer power and competition; and greater need to build closer customer relationships across multiple channels. Read this white paper to learn how a Business Rules Management system (BRMS) can help insurers automate and manage business rules, giving them the potential implement policies and rules faster, lower IT implementation costs; reduce the turnaround time for change requests; reduce the costs of unplanned changes and bug fixing, and lower the cost of compliance.