A Digital Distribution Management (DDM) platform is an innovative cloud-based platform that integrates AI, blockchain, data lakes, hyper-personalization, and hyper-automation. Within the insurance industry, a DDM platform streamlines multi-channel distribution, real-time CRM, and instant communications, thereby accelerating premium revenue generation and customer service efficiency.
This whitepaper examines the essential role that DDM platforms can play for insurance carriers, and underscores the importance of empowering agents and brokers with digital tools and accurate data through a DDM platform to optimize efficiency and drive growth. The paper also highlights Persistent’s partnership and strategy with Software AG to deploy DDM platforms leveraging Software AG’s leading technology.
Adopting a DDM platform is vital for insurance carriers to stay competitive, enhance intermediary relations, and drive growth in the digital era. For a deeper understanding and insights into implementing a successful DDM platform, read our white paper today.