The article highlights the rising adoption of low-code/no-code software within the insurance sector, presenting a shift from traditional methods of upgrading operational software. This technology enables insurance businesses to develop and alter solutions specific to their needs without heavy reliance on developers. It simplifies complex workflows in policy management, claims processing, and underwriting, which in turn, enhances efficiency and customer satisfaction. Moreover, low-code/no-code software accelerates the digital transformation journey of insurance firms by facilitating quick development and implementation of digital solutions such as mobile apps and customer portals, all while reducing costs and fostering innovation in a competitive market landscape.
Our Perspective:
“Low-code/no-code platforms are game-changers in InsurTech, fostering innovation, agility, and cost-efficiency. They are pivotal for modern, digital-first insurance providers aiming to meet evolving market demands swiftly.”
Pinnacle Digital Advisors
Article originally posted: https://insurancenewsnet.com/innarticle/the-rise-of-low-code-no-code-in-insurtech