Some key findings of the report
- Insurance business model innovation enablement services market shows massive growth potential with carriers shifting focus from insuring losses to ensuring protection
- Insurance business model innovation enablement services grew by 35−37% in 2019, and the North American market holds the lion’s share of the business revenue
- Digital transformation programs revolving around enablement of coverage, services, pricing, and channel innovation for insurance are the key drivers of demand
Key Strengths called out for Wipro
- Depth and breadth of solution portfolio to drive business model innovation for carriers has helped Wipro enhance its global market standing in this space
- Wipro demonstrated success proof points on enabling coverage and channel innovation for insurance carriers
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