INSURANCE SOFTWARE SOLUTIONS
Don’t brace for change. Embrace it.
To move business forever forward, insurers must adapt. Discover how our AI platform makes insurance organizations like yours more agile than ever so you can outpace change at every step.
- All
- For HR
- For Finance
- For IT
- Use Cases
Why Workday
Discover the power of Workday.
Read this eBook to learn how five insurance organizations use Workday to transform operations. Through real customer stories, you’ll see how uniting HR and finance, within our insurance software, drives efficiency and innovation.
Customers elevating insurance with Workday.
SCALE YOUR BUSINESS TO NEW HEIGHTS
Simplify systems. Grow without limits.
Discover how our AI platform helps insurance firms of all sizes reduce costs, mitigate risk, and ensure you’re able to outpace change. That way, you can focus on growing your business.
INDUSTRIES SERVED
Serving all insurance organizations.
Workday supports every part of the insurance industry. Learn how our solutions address the specific requirements for each sector.
Life insurance.
Stay ahead of change with one AI platform for HR, finance, planning, and analytics.
Property and casualty insurance.
Accelerate processes to meet future demands and attract the best talent.
Health insurance.
Build a comprehensive employee benefits program by providing health, life, and disability insurance.
Broker and other insurance.
Reduce costs and support growth in ever-changing brokerage markets.
For HR
Create a workplace where people dream of working.
Discover how our AI platform provides the foundation needed to attract and retain top talent so you’re able to build a future-ready workforce.
Achieved 100% employee self-service.
Filed 100% of SEC documents one day after earnings release.
Automated 98% of tuition repayment processes.
Improved employee experience with one central data source.
FUTURE-READY HR
Build a future-fit workforce.
Future-proof your workforce with a skills-based strategy.
Become more agile, reduce costs, and attract the right talent.
Optimize operations and attract in-demand talent with AI.
Empower your people for maximum performance with our AI platform.
IDC GLOBAL RESEARCH FOR INSURANCE
Unite your systems. Empower your people.
IDC reveals how integrated systems enable HR leaders to improve usability, enable self-service, and surface the insights needed to move insurance forever forward.
42%
of HR leaders are more concerned than finance or IT about managing organizational change and process redesign.
31%
of HR leaders identify HCM as the primary objective for new investments to improve data quality and quantity.
43%
of HR leaders say their top frustration is poor user experience that detracts from system usability and employee satisfaction.
45%
of HR leaders see outdated organizational structures as a significant obstacle to successful change.
For Finance
Surface insights. Seize opportunities.
Discover how our AI platform unites your data to supercharge work, surface powerful insights, and help you outpace change—all while growing your business.
Reduced accounts payable staffing from 4 roles to 1.
Saved $5M in annual costs.
Reduced forecast cycle times by 52%.
Increased annual financial benefits by $2.5M.
FUTURE-READY FINANCE
Time is money. Workday saves both.
Automate, integrate, and simplify your finance function.
Streamline financial close and compliance with a unified data strategy.
Break down data silos and unlock smarter insights.
Improve decision-making with integrated financial and operational data.
IDC GLOBAL RESEARCH FOR INSURANCE
Trade siloed systems for a unified AI platform.
IDC research reveals how finance teams can accelerate digital transformation and enhance agility, connect teams, and increase policyholder response times by replacing fragmented systems with a unified platform.
21%
of insurers plan to modernize finance and planning operations through cloud migration or system updates to improve efficiency and decision-making.
41%
of finance professionals say their top reason to change systems is to be more agile and adaptable to business processes.
47%
of finance leaders believe the top frustration is reliance on spreadsheets and manual workarounds, which increase errors and cause inefficiencies.
43%
of claims leaders report cumbersome financial reporting processes impede timely decision-making and analysis.
For IT
The AI platform that steps up to IT’s challenges.
Discover how IT insurance leaders use Workday to unite their HR and financial data to reduce costs and drive greater efficiency—all while becoming more agile than ever.
Achieved $200K in annual net savings.
Increased data accessibility across the organization.
Accelerated processes from one week to one to two days.
FUTURE-READY IT
Become unstoppable with Workday.
Improve decision-making and operational agility with connected data.
Increase agility and efficiency with modern IT systems built for insurance.
Move beyond legacy systems and enable smarter, faster decisions.
Automate manual processes and enhance operational efficiency.
IDC GLOBAL RESEARCH FOR INSURANCE
Stop the SaaS sprawl with a unified AI platform.
IDC research shows how insurance IT leaders are accelerating digital transformation by simplifying infrastructure, improving analytics, and boosting agility.
75%
of IT leaders recognize the critical need to modernize core technology to drive business growth and resilience.
40%
of IT leaders say the main obstacle insurers face in implementing changes to systems and processes is finding the right people.
37%
of IT leaders’ greatest frustration with managing systems and processes is disconnected systems that are challenging to change or scale.
33%
of IT leaders say the main reason for new investments in technology is to improve data quantity and quality.
SOLUTION USE CASES
A use for all aspects of your organization.
With the Industry Accelerator for Insurance, you benefit from a global ecosystem of partners to help you adapt, innovate, and scale—all while fast-tracking your digital transformation.
Financial Reporting and Analytics
Continuous and Company-Wide Planning
Proactive Spend Management
Talent Management
PARTNER INDUSTRY EXPERTISE
Trusted insurance partners.
Tackle top challenges with partner-led industry accelerators. Browse the Workday Marketplace for solutions to your specific insurance needs.
See how we help you succeed.