INSURERS AND ECOSYSTEMS : BUILDING THE NETWORK
INSURTECH
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INSURERS AND ECOSYSTEMS : BUILDING THE NETWORK
Accenture ’ s research shows that more than four of five surveyed acknowledge the importance of ecosystems in their overall digital strategy , while 54 % said that they are actively seeking to join an ecosystem model . There is , however , a broader consensus that while insurers show an interest in becoming part of a wider ecosystem , they may lack the understanding and knowledge to implement an effective ecosystem strategy . When compared to other industry sectors demonstrating a strong approach to ecosystem development , insurers fall short in several areas including capability , culture , technology and resources .
JULY 2020