Unleashing productivity in insurer front and back-offices

Increasing-insurer-productivity

Authored by Ed Short, AdvantageGo

Our goal is that by 2025, we’ll write $1bn of GWP.” These types of business target drive budgeting cycles provide clear metrics to measure performance and are the sharp end of any overarching strategy. However, there is often little thought put into what these targets mean in terms of operational capabilities; Can the business we are today support the business we want to write by 2025? Establishing where your capability gaps are and closing them is vital for success.

In very broad terms, this core question can be split into two:

  • Can our front-office deliver the number of risks needed to hit the premium numbers?
  • Can our back-office process the number of transactions necessary to write those risks?

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About AdvantageGo

AdvantageGo provides revolutionary commercial (re)insurance management solutions that offers Insurers the IT agility they need to create an intelligent digital strategy in partnership with a leading IT provider.

We harness the power of proven, functionally-rich core solutions and augment it with the energy and culture of being an InsurTech leader.

Our core software offerings fuse with our cloud-based Microservices to create a powerful ecosystem that delivers added value through seamless interconnectivity and intelligent data