Capital Markets & IT - lakyara November 2022
Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development.
Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
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Insurers’ migration into non-insurance services poised to accelerate
Insurers’ migration into non-insurance services are set to be a key element of their strategies going forward. Insurers will inevitably shift away from paying claims in cash toward directly providing preventive and/or repair services. Insurers must redefine their businesses around non-insurance services.