Here are four practical considerations decision-makers should apply to qualify if a vendor or partner can truly deliver that digital transformation and business impact.
Commentary
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Parametric Insurance: Bridging or Widening the Protection Gap?
Parametric insurance products are often best incorporated into a policyholder’s insurance product portfolio as a coverage add-on to a traditional policy rather than the base cover itself.
Is ‘Google Insurance’ on the Horizon?
Insurers should expect big players in mainstream tech to influence the property/casualty industry during 2022.
Seamless Service: The Value of an Omni-Channel Approach in Insurance
Too often, channel inefficiencies are a very visible source of friction for the customer. Providing holistic, well-integrated service is possible by transitioning from a multi-channel approach to an omni-channel one.
Data Companies Will Explode into the Insurance Market in 2022
In 2022, we will see the growing prominence of datasets as the facilitators of new realms of knowledge for P&C insurers, helping them predict and price risk more efficiently than ever before.
Middle Child: Why InsurTech Consistently Neglects The Mass Affluent
Insurance agencies must be realistic about their use of technology, especially where the mass affluent are concerned; InsurTech has its place, but that place is often as a conversation starter for this market segment.
Struggling to Keep Tech Talent? Consider Investing in Your IT Roadmap
With the added pressure of the Great Resignation, financial institutions that start embracing technologies of the future may carve out the necessary advantage over their peers when competing for top talent.
No-Code Platforms Key to Meeting Insurance Industry Challenges
Leveraging a no-code platform can help insurance carriers remain competitive in a challenging operating environment, by enabling efficiencies and allowing insurers to build future-proof digital applications.
InsurTech Pressures Incumbents to Personalize Customer Experience
Incumbents need to look to the latest data analytics tools and AI technology to eliminate friction and deliver exceptional customer experiences.
Datasets Will Transform the Landscape of P&C Insurance in 2022 and Beyond
It’s time to look ahead to 2022. Unsurprisingly, data will be central to the future of insurance, not least in more precisely pricing new and innovative P&C products.