There is no doubt that the pandemic has a kind of impact on the insurance industry we have not seen before. Some carriers might tend to cut costs and postpone investments.

DIA Community believes digital transformation programs should not be put on hold - quite the opposite, in fact: the digital transformation needs to shift into a higher gear.

The fact that the insurance industry needs to become much more digital is nothing new. But the corona outbreak made clear how slow the digital transformation of insurance has been so far; both internally and externally.

The current crisis is a wake-up call to many. Fortunately, more and more insurance executives recognise the important role that insurtechs can play in the acceleration of digital transformation. The crisis also highlights which type of insurtech solutions are more relevant than ever, and which insurtechs to work with to accelerate digital transformation in specific areas.

These are just a few of the details put together in The DIA White Paper: The Impact of Covid on the Speed of Digital Transformation in Insurance.
Click here to access the White Paper.