Insurers continue to invest in traditional systems and models that leave them struggling to meet customer needs. To stay viable, insurers must shift from low value activities into a high-value insurance platform ecosystem.
An industry platform is a set of technologies that allows multiple partners to form an ecosystem. It helps optimize operations and achieve market differentiation while keeping costs down.
The IBM Insurance Platform, initially developed with MetLife, shares the innovative ideas of a leading insurer and technology from IBM with insurers who are ready to compete in a new era of business.
The IBM Insurance Platform brings together everything you need to reduce costs and develop true risk value. Self-service models and orchestration help you quickly on-board partners and develop joint value propositions. Experts from IBM can be your guide to reinvention.
The IBM Insurance Platform is a cloud-based, security-rich platform that supports modernization across your business. Easily implement technology to engage customers with new offerings, optimize core operations and scale easily on cloud.
AI and analytics deliver intelligent automation and critical insights into business processes, increasing efficiency with machine learning and robotic process automation.
Pay-as-you-go pricing shifts costs from CAPEX to OPEX and reduces barriers to entry.
Differentiate your business with easy-to-compose customer experiences.
Form relevant ecosystem partnerships with ease.
Make smarter risk decisions and add value for risk customers.
With end-to-end capability, this as-a-service solution is built with decades of IBM insurance and technology expertise.
Platform perspectives with featured research and advisory firm Gartner
Cost containment, transformation and innovation through a single approach - the insurance platform.