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Economic volatility and seismic shocks continue to impact insurers, causing a focus on digital optimization. Life and P&C insurance carriers need to evaluate and prioritize technologies that harness their foundational IT investments to meet dual needs to optimize and transform.
Life and P&C insurance carriers must cut through the hype and balance IT investments. They must focus on technologies that enable the business models today, as well as invest in technologies that will fulfill the products, services and business models of the future. To do so, carriers need to bifurcate their approach, evaluating today’s trends and technologies, along with helping to align their technology decisions with a vision for the future.
Download the Gartner report to learn about the most significant IT directions in applications, analytics and technologies relevant to life and P&C insurance.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner, “Hype Cycle for Digital Life and P&C Insurance, 2023”, Laurie Shotton. 6 July 2023.
