You’ve probably heard the old saying, “It takes a village to raise a child.” The same concept applies in business, except with insurance programs, it takes an ecosystem.

Like an ecosystem in nature, an insurance ecosystem is a community of interconnected entities, each playing an important role in the pursuit of a shared goal.

In past decades, when technology advanced slowly, it made sense for companies to build their own infrastructures and to operate as generalists. Now, to keep pace with the rapidly changing competitive landscape, and to seize new opportunities, insurers must rely on an ecosystem of experts. That’s where Covenir BPO comes in.

In this video, Insuresoft’s Terry Brown interviews Covenir’s Dave Squibb to learn how Covenir helps insurers grow without infrastructure. Insuresoft is one of Covenir’s technology partners. Watch the video below.