Insurance software firm EIS Group has launched a collaboration with PwC to build a digital insurance ecosystem.

The move is aimed at supporting incumbent insurers which have struggled to make the move from analogue to digital, as they are held back by legacy estates that are slow to change, difficult to integrate and complex to draw insights from.

EIS has partnered with PwC to help those insurers which are proactively taking steps to move legacy technology to more dynamic and flexible ‘as a service’ models.

It will demonstrate fast and low-cost core platform and architecture, the ability to leverage new partners and innovation, and the ability to adopt more customer-centric business models, such as episodic insurance.

Tony Grosso, head of coretech marketing at EIS, said: “The insurance sector is undergoing immense change as it tries to future proof itself from further disruption - the ecosystem will allow insurers using a greenfield approach to break into the platform economy and develop new products and value-added services, fit for the customer of tomorrow.

"It will provide insurers with an opportunity to differentiate themselves from their competitors with a connected platform that allows them to understand the customers and their needs."

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