Innovate • Execute • Realize
Revolutionizing the Insurance Industry with Wikifri iBOOM
In the fast-moving world of insurance, carriers, MGAs, brokers, and wholesalers find themselves navigating a complex path of growth and change. They share a common goal: to evolve, expand, and embrace the future with a modern, data-driven approach. But the road to transformation can be challenging – leaving you wondering where to start and how to succeed in this digital age.
Overcoming Tradition’s Hurdles
For some, sticking to traditional practices can hold you back. Instead of envisioning a modern future, you may get trapped in the past, missing out on new technologies and data-driven insights. Both startups and established companies often believe that implementing new systems guarantees success, but this often leads to accumulating “tech debt.”
Welcome to Wikifri’s Game-Changer
Here’s where Wikifri steps in, a respected name in the insurance innovation scene with over 26 years of experience. We’ve introduced a game-changing solution – the Insurance Business-Oriented Operating Model (iBOOM). With Wikifri’s expertise by your side, you’ll have access to a powerful framework to empower you. It helps you shape your business operations, creating efficient processes with well-defined business capabilities.
If you aim to launch or transform your operations, Wikifri’s iBOOM can be your game-changer. You’ll soon realize that a well-defined operating model is the cornerstone of your success. It will guide your technology needs, help you make informed buy vs. build decisions, and influence your choice of vendors for complex tech implementations. Your focus will shift to building a strong business architecture.
Gaining a Competitive Edge
With iBOOM, you’ll gain a comprehensive business architecture that guides every strategic decision. Your business vision will become crystal clear, and a roadmap for technology implementation will take shape. You and your stakeholders will be on the same page, understanding the path forward.
The Path to Success
Once you have a robust business architecture in place, you’ll embrace speed-to-market and make well-informed technology decisions. Your disciplined implementation and growth strategies will transform you into a modern, technology-driven operation. You’ll seize every opportunity for growth and success through the perfect alignment of your business and technology. With Wikifri’s iBOOM, the future of the insurance industry is looking brighter than ever. You’ll pave the way for yourself as a future industry leader, embrace enabling technologies, and harness data solutions – emerging as the best-equipped insurer to thrive in the digital era.
iBoom is ideal for:
Insurers
MGAs
Re-Insurers
Start-Up Insurers / Insuretech
Implementing Systems
Transitioning Systems
iBOOM Success Stories
“Wikifri was essential to our ability to launch. Not only did their iBOOM give us a head start to creating our operating model, but their program management served to unite our vendor partners into a cohesive team, singularly focused on one objective — get Trium off the ground as a cyber insurer. Any effort like this relies on multiple parties, which can be a challenge to coordinate, but Wikifri’s outstanding program management allowed my team to focus on other critical aspects of our launch, and ultimately enabling us to write business on our first day of operation!”
— Josh Ladeau, CEO
“Wikifri has been an invaluable partner from the beginning of this critical initiative for Canopius USA. Their understanding of the business, coupled with their broad technical and program management skill set, was a key driver in ensuring we built the right foundation to support and enable our growing operation. We look forward to realizing the expected benefits from the first phase of our target operating model initiative and our continued partnership with Wikifri in subsequent phases.”
— Adam Finkle, COO
Unlock the iBOOM Advantage!
Explore the power of Wikifri’s iBOOM process and discover how it can transform your insurance business. Download our comprehensive overview to take the first step towards success.