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Specialty insurance technology advancements

Deloitte and Guidewire: Accelerating growth in the specialty insurance market

The specialty insurance landscape is rapidly evolving as carriers face new risks, changing market expectations, and increasing competition. Advanced insurance technologies—such as modern software-as-a-service (SaaS) platforms and Generative AI (GenAI)—are empowering specialty insurers to accelerate speed to market and drive operational efficiency. Deloitte and Guidewire can help carriers respond to these changes, capitalize on emerging opportunities, and achieve sustainable growth. Explore our insights to see how specialty insurance providers are approaching this transformation.

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Accelerating growth in the specialty insurance market

Turbocharging Specialty Insurance: Accelerate Growth by Achieving Speed to Market examines how specialty insurance market advancements help carriers enhance offerings and boost efficiency, profitability, and competititveness. Read the paper for insights on:

Market growth

The specialty insurance market is projected to grow from $105 billion in 2021 to $279 billion by 2031.¹

Speed to market

Deploying new products quickly can strengthen business relationships and competitive advantage.

Product design framework

Optimal product architecture, inventory, and governance are keys to success.

Guidewire capabilities in action

Learn how carriers are using Guidewire Cloud insurance technology to transform their offerings.

Paper: Turbocharging specialty insurance

Learn how successful carriers have integrated robust product designs and scalable technology solutions to achieve faster speed to market and enhanced offerings.

Paper: Turbocharging specialty insurance

Learn how successful carriers have integrated robust product designs and scalable technology solutions to achieve faster speed to market and enhanced offerings.

The future of specialty carriers hinges on the ability to integrate forward-looking technologies in order to provide a responsive and customer-centric insurance experience in an ever-evolving landscape.

— Turbocharging Specialty Insurance: Accelerate Growth by Achieving Speed to Market

Webinar: How new tech is transforming specialty insurance

Check out this webinar with Guidewire, featuring strategies to capitalize on the rapid growth happening in specialty insurance and insights from insurers already on this journey.

Deloitte and Guidewire in action

Deloitte’s rapid implementation of Guidewire PolicyCenter helped a global insurance provider streamline and scale legacy processes and products for the US middle market.

Additional resources

Growing steadily in an ever-changing landscape

Explore three transformation pathways carriers can use to maintain momentum during unprecedented growth in the specialty insurance market.

The Deloitte and Guidewire alliance

Learn how Deloitte and Guidewire combine business strategy and insurance insights with leading cloud technology to drive transformation.

Endnotes
¹ Turbocharging the specialty insurance market