- Solutions by Role
Challenges Facing Insurance Boards of Directors, and Their Digital Solutions
Forward-looking insurance company boards are seizing the competitive advantage the digital transformation offers. Rapid changes across the industry—including a proposal for a new model law from the CGWG, for the yearly collection of insurers’ corporate governance processes—have accelerated the need for insurance companies to update their current governance structure.
In this eBook, you’ll learn about:
- Inefficient processes: Traditional board management processes and legacy software can’t keep up with the evolving industry.
- Technological debt: Outdated systems lack flexibility and are a constant drain on financial resources.
- Cybersecurity: Insurance company’s access to peoples’ sensitive information makes them frequent targets of cyber-attack.