This week, I attended an offsite meeting to review TIBCO’s 2016 insurance market strategy with some of top insurance industry experts in the world. To my surprise, after years of anemic IT innovation in the insurance industry, the momentum is now dramatically shifting towards digital transformation, and three forces are driving this change.
The millennial generation is becoming a driving force for change. Millennials, born from 1980 to 2000, grew up with Amazon, Google, and social....