Insurance
The insurance industry is at the heart of digital disruption.
Leading insurers are broadening and diversifying their products and services, as they align to meet the changing needs of their clients. This process includes investing in customer-facing, cloud-based digital innovations and AI integration to assist with simplifying customer service activity.
SureStep can positively impact GRC and ESG challenges at insurance companies by providing comprehensive advisory and implementation services that can help these companies optimize their existing in-place systems and meet regulatory requirements. SureStep's experience in delivering successful GRC and ESG implementation projects can help insurance companies reduce risk, costs, and effort associated with implementation projects.
SureStep's ESG solutions can help insurance companies identify, manage, and mitigate ESG risks, as well as meet regulatory requirements and stakeholder expectations. This can help insurance companies improve their ESG practices and enhance their reputation and brand value. In addition, SureStep's GRC solutions can help insurance companies manage their compliance processes and mitigate risks related to data privacy, cybersecurity, and financial reporting. Overall, SureStep can provide insurance companies with a holistic approach to managing GRC and ESG challenges, positioning them for long-term success.
Surestep delivered a custom application for a leading Life Insurance provider that automated their processes and saved the business over 20 hours a month.
<1/3
Less than a third of insurers are realizing the benefits of a risk management program.
73%
of insurers have increased their spending on risk management technology in 2022