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Specialty insurance technology advancements
Deloitte and Guidewire: Accelerating growth in the specialty insurance market
In property and casualty insurance, advanced insurance technology such as modern software-as-a-service (SaaS) solutions and Generative AI (GenAI) are helping enhance speed to market and improve operational efficiency for carriers and their offerings. A new paper from Deloitte and Guidewire examines this trend and how specialty insurance providers can capitalize on new opportunities to accelerate growth.
Accelerating growth in the specialty insurance market
Turbocharging Specialty Insurance: Accelerate Growth by Achieving Speed to Market examines how specialty insurance market advancements help carriers enhance offerings and boost efficiency, profitability, and competitiveness. Read the paper for insights on:
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Market growth
The specialty insurance market is projected to grow from $105 billion in 2021 to $279 billion by 2031.1
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Speed to market
Deploying new products quickly can strengthen business relationships and competitive advantage.
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Product design framework
Optimal product architecture, inventory, and governance are keys to success.
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Guidewire capabilities in action
Learn how carriers are using Guidewire Cloud insurance technology to transform their offerings.
The future of specialty carriers hinges on the ability to integrate forward-looking technologies in order to provide a responsive and customer-centric insurance experience in an ever-evolving landscape.
— Turbocharging Specialty Insurance: Accelerate Growth by Achieving Speed to Market
Additional resources
Additional Resources
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Growing steadily in an ever-changing landscape
Explore three transformation pathways carriers can use to maintain momentum during unprecedented growth in the specialty insurance market.
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The Deloitte and Guidewire alliance
Learn how Deloitte and Guidewire combine business strategy and insurance insights with leading cloud technology to drive transformation.
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Endnotes
1 Turbocharging the specialty insurance market
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