Cost efficiency in life insurance
A never ending challenge
Reducing costs is essential for every player in the life insurance and pension sector. Whether it is a matter of offering a competing low-cost product or acting upon a responsible cost-level policy. In some cases – such as closed book portfolios – cost efficiency is even top priority.
But due to new legislation, growing complexity and continuous changes in the industry, cost efficiency is becoming increasingly difficult to achieve. Three ways to drive down your cost structureStart the business case to migrate towards one integrated platformTake advantage of Software as a ServiceMotivate your customers to fulfil their role in your business processDownload the Tech NoteThe real challenge is to look beyond the short-term wins. Add business value to reduce costs
Keylane Tech Note series 2018
In the life insurance and pension sector there are three main themes on everyone’s agenda. We will discuss these themes in our Keylane Tech Note series 2018. The first Tech Note is available here for download.The last note will be published later this year.