Clearwater Report Finds 90% of Insurers at a Disadvantage with Current Operating Models
BOISE, Idaho, Oct. 17, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today released the latest findings from a collaborative report, The Digital Promise: Operational Challenges, Approaches, and Progress for European Insurers, with specialist consultancy firm Sionic. European insurers are facing complex challenges and opportunities in the era of digital transformation. Download the report today.
- Top findings in the report include:
Ninety-eight percent of European insurers agree a digital data strategy is the top priority to creating a competitive advantage for future success. - In a clean sweep, 100% of respondents see the cost of IT increasing over the next three years, with 90% believing current operating models do not support future business needs.
- "Insurers that embrace a new digital operations model and access trusted data can rewrite their future," said Josef Sommeregger, Head of DACH at Clearwater Analytics.
- Download The Digital Promise: Operational Challenges, Approaches, and Progress for European Insurers report and request your demo from Clearwater Analytics today.