The Middle East insurance market is poised to transform from a price-centric market to an experience-driven one in the coming years. It is worth taking a risk for insurance businesses to adopt digital-first solutions, including connected insurance, usage-based premiums, and digital underwriting. Thanks to digital, customers expect on-demand services, personalized experiences, and engaging platforms. These factors have led to companies transforming claims processing, improving risk management, and streamlining overall operations by leveraging emerging technologies, such as artificial intelligence, big data, IoT, analytics, and cloud-based digital innovations.

Agility. Financial resilience. Business intelligence. These will be the new mantras for insurance companies in times to come. LTIMindtree's digital offerings and domain expertise helps companies to achieve higher efficiency, profitability, and lower risk by addressing digital adoption, customer experience management, speed-to-market, underwriting profitability, operational productivity, distribution effectiveness, and claims optimization. Our solutions span all over the insurance value chain – intermediaries, carriers, reinsurers, regulators, and Independent Software Vendors (ISVs).