The acceleration of digitalization has had an impact not only on front-office areas such as product development and customer interaction but also on finance and insurance. Technology, Analytics, And Big data have changed the landscape of almost every industry and insurance companies are no different. Backed by apt technologies and innovations, today insurance sector is achieving significant competitive advantages and driving operational agility to respond to the shifting customer needs and demands. With the ever evolving insurance market and changing customer sensibilities driving this demand, insurance providers are running toward automating their processes and bring in efficiencies to improve turnaround time and cost-efficiency.