the challenges global insurers face in 2017

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The challenges global insurers face in 2017. Find out more: globalservices.bt.com/uk/en/point-of-view/insurance-digital-network As the world becomes increasingly digital, insurers face pressure to respond faster to changing market and consumer demands. Companies need to be able to react to competitor activity and develop new products within weeks, while at the same time providing customers with a fast, personalised service. Ovum’s recent survey reveals the challenges insurance companies expect to face in 2017. In order to successfully meet all of these challenges, insurers need a digital network that provides a continuous, agile delivery model, where services are improved regularly. Take a look at our white paper to find out how a digital future is the best way for insurance companies to meet these challenges in 2017. of insurers are concerned about increasing operational efficiency. 61% of companies in the insurance industry are seeking ways to increase revenue growth. 48% of insurance companies cite meeting regulatory demands as a priority. 35% Reducing operating expenditure is a pressing issue for 57% of insurance companies. A key focus for of insurers is improving the customer experience. Regulations £ 41% ‘knowledgeable and helpful’

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Page 1: The challenges global insurers face in 2017

The challenges globalinsurers face in 2017.

Find out more: globalservices.bt.com/uk/en/point-of-view/insurance-digital-network

As the world becomes increasingly digital, insurers face pressure to respond fasterto changing market and consumer demands. Companies need to be able to react to competitor activity and develop new products within weeks, while at the same time providing customers with a fast, personalised service. Ovum’s recent survey reveals the challenges insurance companies expect to face in 2017.

In order to successfully meet all of these challenges, insurers need a digitalnetwork that provides a continuous, agile delivery model, where services areimproved regularly.

Take a look at our white paper to find out how a digital future is the best way for insurance companies to meet these challenges in 2017.

of insurersare concernedabout increasingoperational efficiency.

61%

of companiesin the insuranceindustry areseeking ways to increaserevenue growth.

48%

of insurancecompanies citemeeting regulatorydemands asa priority.

35%

Reducing operatingexpenditure is a

pressing issue for

57%of insurancecompanies.

A key focus for

of insurers is

improving thecustomer

experience.

Regulations

£

41%‘knowledgeable

and helpful’