Life and PC insurers plan to accelerate their use of automation over the next five years
ARLINGTON, Va., July 13, 2021 (GLOBE NEWSWIRE) -- Global life and property and casualty (PC) insurers want to improve the efficiency and auditability of their processes and close the gap between their current use of automation and where they aspire to be in five years. These key learnings stem from leading global advisory, broking and solutions company Willis Towers Watsons (NASDAQ: WLTW) Actuarial Reporting Automation Survey. The survey queried life and PC insurers on how they use automation today in their valuation (life) and reserving (PC) processes and where they aspire to use it in the future.
Life and PC insurers plan to accelerate their use of automation over the next five years
ARLINGTON, Va., July 13, 2021 (GLOBE NEWSWIRE) -- Global life and property and casualty (PC) insurers want to improve the efficiency and auditability of their processes and close the gap between their current use of automation and where they aspire to be in five years. These key learnings stem from leading global advisory, broking and solutions company Willis Towers Watsons (NASDAQ: WLTW) Actuarial Reporting Automation Survey. The survey queried life and PC insurers on how they use automation today in their valuation (life) and reserving (PC) processes and where they aspire to use it in the future.