E.Design transforms to a digital-first insurance company

The worldwide pattern towards digital transformation doesn’t solely enhance provide chains and company backside strains. It will possibly additionally save lives and livelihoods.

In recognizing this reality, E.design Insurance coverage Co. Ltd. has tapped into cloud applied sciences to create “&e” (Andy), an car insurance coverage system.

“E.design, in collaboration with Accenture, sought to redefine the corporate’s mission, imaginative and prescient and values by embracing the client expertise in a brand new means,” stated Shigeo Kuwabara (pictured, left), president and chief govt officer of E.design. “Whereas a buyer’s conventional view of car insurance coverage is ‘simply in case,’ Accenture and E.design kind the view that what clients really need is accident prevention.”

Kuwabara and Akiko Horie (pictured, proper), senior managing director at Accenture Japan Ltd., spoke with theCUBE business analyst John Furrier on the latest AWS Executive Summit, throughout an unique broadcast on theCUBE, SiliconANGLE Media’s livestreaming studio. They mentioned the outlook for the Accenture and E.design co-engineered merchandise within the driver security and accident protection market. (* Disclosure beneath.)

A brand new view of car insurance coverage

“&e” isn’t the one product each firms have labored to create. There’s additionally “Protected Driving Collectively,” an initiative that leverages huge quantities of driving knowledge to forestall accidents. In essence, E.design is tackling car insurance coverage ache factors earlier than and after the very fact of an accident, in accordance with Horie.

“This can be a new innovation for a lot of insurance coverage shoppers, particularly the standard policyholder and the brand new technology,” Horie defined. “So it provides the purchasers a brand new expertise and makes a giant change to the client expertise. E.design is main this expertise on the planet.”

When it comes to options, &e is the “most superior full-cloud insurance coverage system on the planet,” in accordance with Kuwabara. It combines digital comfort and the idea of making driver security, in addition to lowering the chance and occasion of an accident, via knowledge.

“Accenture supported us in a variety of areas, together with enterprise, design and IT,” Horie stated. “In addition, Accenture’s research in cutting-edge digital applied sciences, such as AI and knowledge evaluation, have been essential to turn into a digital-first insurance coverage firm.”

Right here’s the whole video interview, a part of SiliconANGLE’s and theCUBE’s protection of the AWS Executive Summit:

(* Disclosure: TheCUBE is a paid media associate for the AWS Executive Summit at re:Invent. Neither Accenture PLC, the sponsor of theCUBE’s occasion protection, nor different sponsors have editorial management over content material on theCUBE or SiliconANGLE.)

Picture: SiliconANGLE