Many insurance brokers continue to rely on customized, homegrown IT systems that hold back performance and even deter suitors. Moving to a modern system takes time and money, but wise investments can pay off quickly. Today’s scalable cloud architectures, platform-based solutions and data and analytics capabilities do more, cost less and are easier to use.
With an enterprise-wide data strategy, senior leaders gain a more cohesive view of accounts, book performance and operational results across the organization. As they boost efficiency and profitable growth, they also raise the enterprise value—a welcome improvement in today’s red-hot seller’s market.