The pressure to innovate and control costs has never been higher and affects insurers and insurtech firms. Executives are challenged to navigate a steady stream of technical advances and determine which will provide return on investment, low cost of ownership and data security - all while meeting demanding customer expectations.
IBM intelligent solutions with insurance analytics and cloud models can unlock the future for insurers. Innovate at lower cost, modernize and meet regulatory requirements. Experts from IBM are your guide to reinvention.
Insurance industry platforms and blockchain are changing the way insurers do business, respond to customer expectations and develop new product offerings. We provide the solutions and guidance to facilitate change and innovation, control costs and transform your business.
No insurer wants to make the news about risk and security shortcomings. Inefficiency also poses risks to profit.
Insurers need to focus on basic security and a defense strategy to predict where the next attack could occur. No longer just a problem for the CSO, security is a key concern for the board and CEO. IBM cybersecurity solutions help predict cyberattack timing and scenarios, which allows you to provide answers to your stakeholders.
“Our industry platforms are designed in collaboration with our clients and partners and intended to dramatically improve traditional business models using deep industry expertise and advanced technologies such as AI, cloud and blockchain.”
—Bridget van Kralingen, Senior Vice President of IBM Industry Platforms
Innovation for insurance
American International Group, Inc.
AIG uses blockchain for smart insurance contracts.
AIG, IBM and Standard Chartered Bank partnered to develop the first multinational smart contract insurance policy.