Chicago, Illinois, 22nd April – A newly released Reuters Events "Insurance Global Technology Benchmarking Report 2025," reveals critical insights for insurers seeking to maximize the return on their technology investments. While 86% of insurers have invested in data analytics in the past 12 months, this research uncovers common obstacles hindering effective implementation and ROI.
Based on a survey of insurance professionals, the report identifies key areas where insurers face challenges, including data analytics, machine learning/artificial intelligence (ML/AI), and claims management systems. It also provides actionable strategies to overcome these hurdles, assess technology initiatives against industry peers, and gain a competitive edge.
Key challenges addressed in the report:
- AI ROI Gap: Only 12% of insurers have achieved a return on investment (ROI) from their AI initiatives. Learn how to optimize your AI strategy and drive tangible results.
- Data Quality Issues: 40% of respondents indicated that their organization's data is not suitable for its intended purpose. Uncover best practices for data governance and ensure your data is fit for purpose.
- Cultural Barriers: 60% of respondents cited organizational culture as a barrier to digital transformation. Get practical advice on fostering a culture of innovation and driving successful change management.
The report features insights from Prudential, Branch, and Clearcover, in-depth analysis of technology trends, and practical advice for successful digital transformation.
Download the full report now and discover the key strategies to maximize your tech ROI: https://shorturl.at/pcEvo
Contact:
For additional information or inquiries, please contact Taylor Brackin, Global Project Director at Reuters Events, at Taylor.brackin@thomsonreuters.com or call +44 (0)20 7513 4097.
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