Digital transformation in the insurance sector: How Old Mutual is leading the way
Now more than ever, the importance of digital transformation is being embraced across horizontal and vertical markets, spanning business-to-business and business-to-consumer models. From telecommunications, healthcare, and financial services, many industries have seen adoption and significant changes as a result of digital transformation and the insurance industry cannot be left out
Perhaps the most critical thing to bear in mind is that companies, of all kinds, will not be able to carry on without the help of technology that is accessible through digitalization, making relevant the popular quote by Jeff Bezos, “there is no alternative to digital transformation. Visionary companies will carve out new strategic options for themselves – those that don’t adapt, will fail.”