Gartner Research

Top 3 Key Insurance Hype Cycle Trends Impacting Product Leaders in 2022

Published: 04 April 2022

Summary

Clusters of emerging technologies are moving across the Hype Cycle for Digital Life and P&C Insurance. Product leaders must be able to identify how business and technology disruptions will impact the future trajectory of these innovations to keep their solutions relevant for the insurance sector.

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Overview

Opportunities
  • Insurers will need to integrate data, decision making, content, delivery and engagement services to modernize the customer experience (CX). This requires procuring a range of software and services not available in a single “CX platform.”

  • Evolving insurance business models require new core functionality to succeed — creating opportunities for vendors that can evolve their core technology to the next generation of solutions.

  • Creating the agility to truly rethink the way that work is done requires the use of a range of automation technologies to deliver elevated business value as part of a hyperautomation toolbox.

Recommendations

As a product leader responsible for insurance industry

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