EXL’s POV on Low-Code No-Code platforms for insurers

What are Low-Code No-Code (LCNC) platforms?

LCNC platforms are software development environments which enable users with minimal knowledge of coding, to create applications.

What are Low-Code No-Code (LCNC) platforms?

 

LCNC platforms – Adoption and growth

Customers are demanding instantaneous solutions and mobile digital experiences. Businesses are rapidly adopting these platforms for their application development and automation needs:

LCNC platforms – Adoption and growth

 

Need for LCNC platforms and challenges faced by the insurers

Need for LCNC platforms and challenges faced by the insurers

 

EXL plug & play LCNC platform solutions for insurance

EXL plug & play LCNC platform solutions for insurance

 

References

https://axcelbeck.com/low-code-no-code-technology-the-key-to-revolutionizing-insurance/

https://tigersheet.com/blog/tag/lcnc-market/

https://fulcrumdigital.com/blogs/why-low-code-platform-is-the-silver-bullet-for-insurance-companies/#

https://research.aimultiple.com/low-code-insurance/#what-are-the-challenges-of-low-no-code-development-for-insurance-practices

Secondary research done from: KPMG, Nucoxia, Appian, IDC, Fact MR, OutSystems

Edited by:

Rup Goswami | VP & Lead, P&C Growth Enablement Team

Inputs by:

Raghav Jaggi | Siddharth Goel | Sumit Taneja | Akshat Khunnu | Kavita Chugh