For too long insurance products have been planned and sold as monolithic risk categories, targeted at as many people as possible.
The next phase in technology evolution process of the insurance industry and could be the one step that vaults your company to its next level of growth and profitability.
Fiber optic cables installed next to a pipeline will detect changes in temperature as little as 1°F along the entire distance, pinpointing the location of a leak in real time with accuracy of 1.5 ft.
The connected home opens possibilities for customized products and pricing, as well as understanding customers more deeply because of increased contact with them directly.
Implementing project management best practices helps insurers improve their performance, sell more products and retain customers.
By pairing insurance products with additional services, the insurer creates new channels for an ongoing conversation, and one that can be tied to lots of positive factors.
MetLife’s decision to split a significant portion of its US business elevates the role regulatory environments will continue to play in shaping financial institutions’ business models.
Effectively leveraging data and striving toward digitization are the keys to creating that great customer experience that boosts customer satisfaction and loyalty, improving retention and ultimately increasing profitability.
Automation tools for tasks such as underwriting and quoting do more than help us bridge the gap employee absences create—they can also improve business-intelligence and risk-assessment capabilities.
The unmatched advantage of fiber optics is that, unlike discrete sensors that have to be placed on the precise detection spot, linear fiber sensors utilize the entire length as a continuous detector to provide hundreds of separate sensing points.