The life and annuities insurance landscape is undergoing a profound transformation, driven by technological advancements, shifting consumer demographics and expectations, and evolving regulatory frameworks. As we navigate this dynamic terrain, industry leaders will need to embrace change at their core.

Life insurance companies will soon take part in the greatest wealth transfer in history. Simultaneously, the over-50’s are on their way up – by 2050 they will comprise one third of the population. To capitalize on these changes, insurers will need to connect with a new generation of clientele. They’ll need to adopt strategic innovations like API integration for better customer experiences, embrace cloud technology for efficiency, and pursue digital transformation to streamline claims, with low-code/no-code platforms enabling faster, cost-effective digital advancements.

Capgemini’s presence

We, at Capgemini, are reshaping and transforming the industry – identifying the coming complexities and threats, and helping our clients meet them head-on. To know more, visit us at the 2024 Life Insurance & Annuity Conference and meet our experts. At this event, which is jointly hosted by LIMRA, LOMA, ACLI and Society of Actuaries, we will discuss how we are partnering with leading Life, Annuities and Benefits providers to help them build advanced digital and data capabilities, to optimize costs, deliver better claims experiences and gain operational efficiencies.

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

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