Sai Raman CPCU, AIAF
About Sai Raman CPCU, AIAF
20+ years of Insurance Industry experience across geographies, (US, UK, Europe, APAC), Lines of Business (P&C, Life& Annuities, Reinsurance), Distribution Channels (Brokers, Agents, D2C) – prepared me for one mission – To be relevant to the future of Insurance Industry which is ready for disruption.
Insurers across the globe are searching for solutions & answers to the following and I am fortunate enough to work with several insurance customers, partners and many smart leaders to learn from their experiences.
1) Core Platforms that can support Digital Enablement – How to quickly replace legacy systems to more modern core platform solutions (Policy, Claims & Billing) – Guidewire, DuckCreek etc. ( New Product introductions in new markets/channels for revenue growth with lower expense ratios)
2) Digital Enablement of Agents/Brokers/Consumer interactions – Modern Self Service portals through choice of their devices
3) Data & Analytics – How to make investments in Big data platforms that can create Prescriptive and Predictive analytics with good ROI.
4) Cloud Enablement – Micro Services and Cloud enablement of applications
5) Insurance Innovation – How to foster culture of Innovation by disrupting the traditional processes using AI, Cognitive Analytics, IoT, Telematics, RPA
What does the NextGen insurer look like? We are working with our Clients and Partners to find out.