Top 10 Imperatives for Insurers in 2013

Innovation and the consumer experience top Strategy Meets Action's list of the most important action items to make this year a successful one.

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9. Redefine impact of core

For most insurers, current market needs dictate the modernization of their core systems. This modernization involves extending capabilities well-beyond a duplication or replacement of the function of older legacy systems. Insurers must first take a broad view, one that encompasses their expectations for all core business processes and assesses the impact on capabilities across the entire enterprise. A full understanding of exactly how and where business processes can be improved empowers insurers with flexibility and new efficiency levels.


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