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Event

Duckcreek formation’ 23

Extracting value from the core

Join us at DuckCreek Formations 2023 to discuss how we can help insurers to reimagine their core technologies and processes and spark innovations empowering you to get the future you want.

May 8-10, 2023
Florida | Signia by Hilton Orlando Bonnet Creek

The insurance industry is undergoing a significant shift due to evolving customer demand, affordability, and insurability. To keep pace with these changes, insurers need to reimagine their core technologies and processes.  

Capgemini at Duck Creek Formations

Join our session – Re-imagining the core for rapid product innovation and omni-channel experiences 

Register for the Session

Matt Herson, Head of Core Insurance Transformation at Capgemini will discuss how the insurance industry is undergoing a significant shift due to evolving customer demand, affordability, and insurability. To keep pace with these changes, insurers need to reimagine their core technologies and processes.  

However, insurers are typically not inherently equipped to handle the fast pace of changes and new industry dynamics. This poses several challenges, including slower response to market, inconsistent experiences, and friction across processes. Moreover, they are at risk of losing key skills. Insurers need to adapt to these changes and reimagine their core technologies and processes to stay competitive in the market. 

These challenges stem from the heavy investments in multiple core technologies, geographies of operations, and M&A. Leading to a monolithic core, effort-intensive processes, and an absence of a holistic customer view. The solution to these challenges lies in building a composed interoperable ecosystem of best-suited technologies and partner solutions, aligned with future-focussed principles.

In this session we will share with you how some carriers have differentiated themselves with a modern core and expanded ecosystem.

  • Accelerated Product Innovation – Rapid business model, product, experience innovation, Modular products for best-fit offering, Dynamic end-to-end product management 
  • Embedded Distribution – Ecosystem embedded sales and services, customer 360 insights embedded in value chain 
  • Unmatched customer experience – Customer-centric seamless and shared workflows

Meet with the Capgemini Experts at booth #113

Meet our Insurance industry experts and discuss your priorities and challenges around extracting value form the Core

Our Financial Services experts will be available for 1:1 meetings email Rebecca.Branum@capgemini.com to arrange a time

We are very much looking forward to hearing about your business, your challenges and how we might work together to maximize your growth opportunities.

 

Meet our experts

Kathy Miller

Vice President, Head of Global Insurance Alliances