Disruptive technologies like IoT, telematics, AI, blockchain, and RPA have reshaped the market. STP is essential for cost parity and improved services while emerging offerings like usage-based insurance challenge traditional models.

The life and annuity insurance market is in flux as customer demands evolve, regulatory directions remain unsettled, and insurtech innovation gains momentum. Virtusa combines insurtech disruption with industry-leading digital transformation expertise.

Contemporary group insurers prioritize enhancing customer experience, service levels, and operational efficiency through digital automation, modernization projects, and investments in digitalization, analytics, cloud migration, and cybersecurity. Virtusa ensures its digital solutions align with industry needs.