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PROCESS
INTEGRATION
DATA
RULES
SECURITY
INTERFACE
CONTENT
ANALYTICS/REPORTS
COLLABORATIONMOBILE
INSURANCE CUSTOMER EXPERIENCETRENDS IN THE AGE OF DIGITAL
97% of L&A
Insurers
94% of P&C
Insurers
IMPROVINGC U S T O M E REXPERIENCEWAS LISTED AS THE
1CX
STRATEGICINITIATIVE *#
Insurers Recognize the Changing Expectations
Over Half Mapped or Plan to Map Customer Journeys**
Creating a Seamless Customer Experience
50%
28%17%
5%
0%
Plan toMap
Mapped andImplementedMapped, Plans
to ImplementNo Plans to Map or Don’t Know TheirCompany’s PlansMapped,
but No Further
Plans
DIGITAL TRANSFORMATIONFOR THE CONNECTEDC U S T O M E R E X P E R I E N C E
#theconnectedinsurer
Insurers Need to Adapt and Deliver
Consider These Statistics...
Significant Investments are Being Made in CX Projects***
46%CRM
44% Web/Digital
39% Insured
Self-Service
For Property & Casualty
71% Web/Digital
46% Insured
Self-Service
39% CRM
For Life & Annuity
The Good News...Putting the customer at the center of your enterprise to create a seamless customer experience is possible.
Achieve operational excellence with the Appian Low-Code Digital Platform for a seamless experience that goes beyond policyholders, to brokers and producers as well.
Insurers looking to gain a competitive advantage must put strategy into action to change the customer experience through digital transformation.
Top 3 CX Projects, % of Insurers with Significant Investments
* Source: SMA Research, 2017 IT Spending and Priorities, n=87 ** Source: SMA Research, Customer Experience 2014, n=61 *** Source: SMA Research, Insurance Ecosystem 2016, n=116