In a rapidly evolving digital landscape, the insurance industry must embrace innovation and efficiency. To meet this challenge head-on, two industry powerhouses, Innoveo and Capgemini, have forged a strategic alliance that promises to redefine how insurance Innoveo, renowned as the premier no-code technology supplier for insurance firms, boasts a full-stack no-code platform that empowers insurers to create robust and scalable applications without coding expertise. This innovation accelerates the development process, enabling insurance companies to swiftly adapt to changing market dynamics. By joining forces with Capgemini, a global leader in consulting and technology services, Innoveo strengthens its platform with invaluable consulting, technical, and industry-specific insights. The Innoveo-Capgemini partnership promises a comprehensive suite of services designed to empower insurers in their digital journey: Accelerated Digital Transformation: Innoveo's full-stack, no-code platform allows enterprises to design and deploy tailored digital solutions at a pace previously thought unattainable. This streamlines development and expedites the launch of solutions that meet evolving customer demands. Industry-Specific Expertise: Leveraging Capgemini's profound understanding of the insurance sector and Innoveo's versatile insurance platform, this partnership aims to craft solutions that effectively address the unique challenges and opportunities faced by insurers. Enhanced Operational Efficiency: The collaboration will harness the power of Innoveo Skye's platform to construct user-friendly applications that resolve complex workflow and back-end integration issues plaguing the insurance industry. Manisha Bhargava, Chief Revenue Officer at Innoveo, expressed excitement about the collaboration, emphasizing that the jointly developed industry solutions and innovation lab would accelerate clients' transformation efforts. This, she believes, will empower insurers to stay at the forefront of the digital age, marrying Innoveo's no-code platform with Capgemini's extensive capabilities. Kathy Miller, Vice President and Head of Worldwide Insurance Alliances at Capgemini, highlighted the insurance sector's imperative to modernize legacy systems. The alliance between insurers and low-code or no-code platforms like Innoveo is crucial to mitigating the risks associated with complete legacy core replacements. It also expedites the entire process by automating manual tasks and opening new revenue avenues for insurance carriers. As the digital age continues to unfold, this partnership serves as a beacon of innovation, offering insurers the tools and insights they need to navigate uncharted waters successfully.
