Insights

The insurance industry faces mounting pressure to innovate, yet many companies struggle with outdated systems, tight budgets, and complex regulations.

Timely response is a key concern for insurance companies worldwide.

Singapore is witnessing a remarkable surge in digital life insurance, but insurers must adapt to evolving regulations to keep pace.

In the first half of 2024, Malaysia’s life and general insurance sectors experienced remarkable double-digit growth.

Today’s insurance leaders note that security of data is one of their top concerns when thinking about older systems.

In the last 4 years remote access needs for both insurers and customers has skyrocketed. This combined with the fact that accessing data easily and most importantly securely is a critical part of insurance operations presents a unique problem for the industry.

Recent data reveals one top priority that many insurers have in common.

The number of systems some insurers are currently running will surprise you.

There is a clear sense of urgency in Southeast Asia to upgrade legacy insurance systems as soon as possible.