Every insurer is under ever-increasing pressure to deliver software solutions that are flexible enough for iteration, connect with existing systems, comply with regulations and policies, and, most of all, delight customers. Sustainable pathways can be hard to find with resources already at a premium and stretched past capacity.
That’s where low-code for insurance enters the picture.
Low-code application development is cheaper and faster, plus it works with most existing systems. And, with Gartner predicting that 65% of the development will happen on low-code platforms by 2024, orgs that aren’t using low-code risk falling behind.
Mendix recently surveyed insurance decision-makers about low-code, how they’re using it in their firms, and where they see concerns and opportunities.
Two common concerns around low-code platforms are security and integrations. However, 97% of survey respondents report having their expectations met or exceeded by their low-code experiences. Top platforms are making believers out of insurers all over the globe, not just by creating value in speed and cost savings, but also realizing unexpected value across the enterprise.
Learn more about:
- How organizations are using low-code to drive digital execution and organizational change.
- Where low-code users are prioritizing and where they see future opportunities.
- Potential challenges users see and how leading platforms turn those questions into differentiators.
- Hidden value that firms are finding with low-code, including upskilling employees and enabling a culture of innovation.
Download our newest white paper, Solutions That Deliver: What Every Insurer Needs to Know About Low-Code, to find out more about how low-code is helping to shape the present and future of the industry.
