Key trends in digital transformation and analytics, greenfield and cloud, and specialty and E&S have recently been dominating industry conversations.
If done correctly and with the right technology, modernizing databases and data warehouses and applying analytics can improve business outcomes and allow carriers to provide customers with the customized service they crave.
Five strategies that can help organizations efficiently get innovative, targeted products into the marketplace faster than ever before.
As a lesson for how DLT can be internalized and implemented, the insurance industry can look at the measured way in which cloud was evaluated, rejected, and then slowly adopted.
It is a best practice—and a good habit—to initially perform necessary due diligence by conducting a multi-component search, such as a federal and county criminal search, credit check, and RIRS actions.
Without leadership commitment and tolerance for failure, insurers may perform “innovation theater” but are unlikely to be prepared when end of the next decade of change sneaks up on them.
More than 50 percent of the North American insurers are making major enhancements to existing mobile apps or building new mobile apps in 2017.
Appointment reconciliation and Just-in-Time appointments can add up to significant cost savings for an insurer’s bottom line.
When it comes to the issue of transparency, are insurers content that, in the moment of truth, they may be metaphorically dragging their customers, bloodied and humiliated, off the plane?
By using your customers and their expectations as a guiding point, you can avoid unnecessary expense and the postponement of financial benefit.