RNA Analytics announces new white paper, exploring the challenges of the actuarial, insurance and risk sectors today

HVC 2 – September 2021

Javier Alvarez, Managing Director, EMEA, RNA Analytics

The phenomenal challenges of recent months have affected most, if not all sectors of our industry. For some insurers, the shift to remote working has boosted global digital transformation projects that were already well underway. These insurers have taken the opportunity to review their existing infrastructure, resources and processes – redefining their digital roadmap in a moment of unexpected visibility.

The emergence of hybrid working has also served to underline the urgent need for better, faster, more sophisticated software – the result a clear trend of directing budget towards technology.

This digital transformation taking place against the backdrop of such immense change is the topic of our latest whitepaper, ‘2021 – Market in Summary’.

To compete in the industry today, insurers need access and process enormous amounts of rich data which they need to exploit, in order to create specialised and unique offerings for customers. This starts with having access to the right, integrated tools as well specialised help to get the most out of those tools.

All this new technology needs to be able to run cohesively within the cloud, to take advantage of its scalability and processing capacity. This has been a game changer for smaller players, but equally is important for larger firms looking to compete in a tough market, to manage increasingly arduous regulation – including IFRS 17 and the Insurance Capital Standard – and to do so in a streamlined and secure IT environment.

This is as true in the APAC region as it is in the US, and as relevant in Russia as it is in Spain – but with major cultural nuances to consider.

At RNA Analytics, we are proud to work with customers from around the globe, offering expert solutions for the actuarial, insurance and risk management sectors. We listen to our customers, learn from the market and ease the complexities of daily tasks for clients by ensuring we offer best-in-class products, deployed with global expertise, delivered locally.

Our latest whitepaper features insight from a selection of RNA’s consultants in the field, all of whom have many years of hands-on experience working with insurers across property, casualty and life, creating bespoke solutions for their unique organisations.,

As the world begins to emerge from the tightest COVID-related restrictions, agility is key. For us, fast, precise and actionable insight is combined with flexibility and transparency – with the ability to handle any likely future client requirements, as well as disruptions.

Through times of uncertainty and pressure, you can rely on RNA Analytics to provide clarity and continuity for your business. Download our new whitepaper to understand how some of the greatest challenges of the past 18 months, have in turn enabled some of the boldest new opportunities our industry has seen for years.

Download the new paper here: www.rnaanalytics.com/downloads