Adaptability is the New Advantage In the face of shifting customer expectations, regulatory changes, and emerging technologies, one thing is clear: flexibility is no longer optional—it’s essential. For P&C insurers, a rigid, legacy technology stack can severely limit innovation, increase operational costs, and leave the business vulnerable to disruption. To stay competitive and resilient in today’s […]
Overcoming Vendor Lock-In: How Insurers Can Take Back Control of Their Technology
Breaking Free from Technology Constraints In the rapidly evolving insurance industry, technology is a key driver of efficiency, innovation, and customer experience. However, many P&C insurers find themselves trapped in vendor lock-in, where their core systems are controlled by software providers who limit flexibility, increase costs, and slow down business agility. Vendor lock-in occurs when […]
Data Sovereignty in Insurance: Why Owning Your Data Matters
Taking Control in a Data-Driven Industry In today’s digital insurance landscape, data is one of the most valuable assets for P&C insurers. It drives underwriting decisions, enhances claims processing, and fuels AI-powered analytics. Yet, many insurers unknowingly relinquish control over their own data due to vendor lock-in, restrictive software agreements, and cloud storage policies that […]