{"id":1296,"date":"2018-11-08T22:49:00","date_gmt":"2018-11-08T22:49:00","guid":{"rendered":"https:\/\/tst418075918.wordpress.com\/?p=57"},"modified":"2022-10-05T12:36:44","modified_gmt":"2022-10-05T12:36:44","slug":"beware-the-insurance-digital-transformation-trap","status":"publish","type":"post","link":"https:\/\/test.veracityid.com\/new\/beware-the-insurance-digital-transformation-trap\/","title":{"rendered":"Beware the Insurance Digital Transformation Trap"},"content":{"rendered":"<p>The Property and Casualty insurance industry is making huge investments in new core systems. The analysts\u00a0 have named this the industry&#8217;s &#8220;Digital Transformation&#8221; and many carriers have set ambitious goals. In general their goals are to:<\/p>\n<ul>\n<li>Use technology to streamline and automate the personal lines product lifecycle from underwriting to claims.<\/li>\n<li>Speed and simplify the quotation process so that it can support the customer&#8217;s increasing demand for multiple quotes and rapid, certain decisions.<\/li>\n<li>Reduce both operational and distribution costs.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Property and Casualty insurance industry is making huge investments in new core systems. The analysts\u00a0 have named this the industry&#8217;s &#8220;Digital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-1296","post","type-post","status-publish","format-standard","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Beware the Insurance Digital Transformation Trap - VeracityID<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/test.veracityid.com\/new\/beware-the-insurance-digital-transformation-trap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beware the Insurance Digital Transformation Trap - VeracityID\" \/>\n<meta property=\"og:description\" content=\"The Property and Casualty insurance industry is making huge investments in new core systems. The analysts\u00a0 have named this the industry&#8217;s &#8220;Digital [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/test.veracityid.com\/new\/beware-the-insurance-digital-transformation-trap\/\" \/>\n<meta property=\"og:site_name\" content=\"VeracityID\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-08T22:49:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-05T12:36:44+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/test.veracityid.com\/new\/beware-the-insurance-digital-transformation-trap\/\",\"url\":\"https:\/\/test.veracityid.com\/new\/beware-the-insurance-digital-transformation-trap\/\",\"name\":\"Beware the Insurance Digital Transformation Trap - VeracityID\",\"isPartOf\":{\"@id\":\"https:\/\/test.veracityid.com\/new\/#website\"},\"datePublished\":\"2018-11-08T22:49:00+00:00\",\"dateModified\":\"2022-10-05T12:36:44+00:00\",\"author\":{\"@id\":\"https:\/\/test.veracityid.com\/new\/#\/schema\/person\/0d214ad9dd827724c3e8f895052d644c\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/test.veracityid.com\/new\/beware-the-insurance-digital-transformation-trap\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/test.veracityid.com\/new\/#website\",\"url\":\"https:\/\/test.veracityid.com\/new\/\",\"name\":\"VeracityID\",\"description\":\"Automated Risk Selection and CX Solutions designed to benefit your bottom line today.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/test.veracityid.com\/new\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/test.veracityid.com\/new\/#\/schema\/person\/0d214ad9dd827724c3e8f895052d644c\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/test.veracityid.com\/new\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f938dea3515e09ba0408e26ace2aa58e6e2f0d74759e896ee212ff28af5bd6b1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f938dea3515e09ba0408e26ace2aa58e6e2f0d74759e896ee212ff28af5bd6b1?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/veracityid.com\/new\"],\"url\":\"https:\/\/test.veracityid.com\/new\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Beware the Insurance Digital Transformation Trap - VeracityID","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/test.veracityid.com\/new\/beware-the-insurance-digital-transformation-trap\/","og_locale":"en_US","og_type":"article","og_title":"Beware the Insurance Digital Transformation Trap - VeracityID","og_description":"The Property and Casualty insurance industry is making huge investments in new core systems. 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