What better way to establish trust with customers—and consequently retain their business—than for insurers to pay promptly, efficiently, no questions asked?
Insurance executives can spare themselves sleepless nights by selecting partners with insurance industry knowledge, strong and sustainable leadership, and predictable long-term ownership scenarios.
Modern BI is about business enablement, consumable dashboards, visual data discovery, self-service, leveraging the data capabilities of traditional BI, and producing insightful analytics that are both timely and actionable.
Robotic Process Automation (RPA) and analytics can be applied in a way to deliver quick results without consuming the efforts traditional information IT projects take.
Known and highly esteemed by many in the insurance technology space for his outstanding work at TechDecisions, PropertyCasualty360 and ITA Pro, Robert Regis Hyle passed away Saturday, Oct. 28, 2017.
Chatbots will become increasingly prevalent in commerce, but care must be taken—especially in the complex insurance sales process—to make sure they deliver maximum value.
Automated loss runs, simple auto-prefill, predictive analytics and other tools can accelerate workflow while reducing human errors.
While a conservative approach can serve business well in some circumstances, in the current climate too much caution could lead to insurers being replaced by forward-thinking competitors and newcomers.
In a market as highly competitive as insurance, no one can afford to lose the loyalty of direct customers or of brokers through not providing the level of digitalization they expect.
The ultimate cause of the recent spike in announcements by Telematics Service Providers is their identification of a wide range of opportunities to significantly monetize the related data.