Simplify and Optimize Processes in Complex Insurance Product Development
May 2, 2022
Insurance companies are facing significant competitive pressures for new individualized products and services. The slow pace of digital advancement by insurance companies has hampered the product development process. Consider cumbersome regulatory oversight, legacy infrastructure, functional and team silos, and long-entrenched processes and culture, and you have a perfect recipe for lengthy development cycles that lead to time to market delays.
The reality is that insurance product development is becoming more and more complex, where product requirements need to be managed seamlessly without needless roadblocks. The carriers have been slow to adopt transformational technology, with many teams still using Word documents, spreadsheets, email, and lengthy meetings to make decisions — adding unnecessary time and risk to the development process.
To overcome these challenges and deliver compliant, market-driven products, it’s vital that all stakeholders and business analysts can identify risks early on and establish connections with your development organization throughout the process.
In this webinar, Jama Software and industry experts Alan Demers and Carla Alavarez join forces to cover how to eliminate silos and increase efficiency by aligning teams across entire product development lifecycle.
Learn more about how to deliver high-quality insurance products on time and on budget, with the ability to:
- Increase visibility across all development activities
- Empower your business analyst organization
- Enable real-time collaboration across all development teams
- Track decisions efficiently to avoid rework
- Benchmark and monitor team performance over time