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IDC PeerScape: Sustainable Insurance Part 2: — Practices to Decrease IT and Operational Footprint in Sustainable Insurance

Publisher IDC
Published Jan 11, 2023
Length 8 Pages
SKU # IDC17619175

Description

IDC PeerScape: Sustainable Insurance Part 2: — Practices to Decrease IT and Operational Footprint in Sustainable Insurance

Mutualizing and managing risks are at the heart of insurance — two concepts that are closely related to environmental, social, and governance (ESG) standards. This represents a clear opportunity for insurers to reclaim their societal purpose to fuel growth and attract new customers by showcasing their commitment to sustainability. Some insurers are now attempting to gain competitive advantage through sustainable products, while others are starting a more proactive conversation with government about how they can contribute to what appears to be a new social contract, said Davide Palanza, research manager, IDC's Insurance Digital Business Strategies.

Please Note: Extended description available upon request.

Table of Contents

8 Pages
IDC PeerScape Figure
Executive Summary
Peer Insights
Practice 1: Scenario-Based Decision Making
Challenge
Example: Zurich Insurance Group
Guidance
Practice 2: IT and Workforce Transformation
Challenge
Example: Swiss Re
Guidance
Practice 3: ESG Analytics and Intelligence
Challenge
Example: Large U.K.-Based Insurance Company
Guidance

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