While we don’t know what the future will hold for payments with the evolution of new digital payment protocols, wallets and cryptocurrencies, we can be certain the payments revolution is just beginning.
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Destination AI: Augmented Automated Underwriting in Life Insurance
AAU can significantly reduce the need for separate medicals, repeated questions, lengthy decision-making processes, and drastically increase the speed at which a potential insurer can get a quote and cover.
Platform as a Service (PaaS): Implementing a Cloud Transformation Strategy
While cloud migration is not an easy task, it enables insurance companies to shift the IT backbone of the business operations and experience the benefits.
Insurers Transition from Data Collectors to Savvy Data Consumers
Insurers are navigating a changing risk market must be prudent in assessing the data sources they rely on and identify the right tools to enhance their analytics capabilities.
AI and New Technology Adoption in Commercial Lines and Workers Comp
Insurance carriers that are able to anticipate change and incorporate it into their data collection and transaction processing early will benefit from better outcomes of machine learning and artificial intelligence algorithms.
Will the CIO Survive the Emergence of New C-Level Officers?
Insurers must clarify the respective responsibilities of CIOs and new leaders such as Chief Digital Officers in order to optimize their digital transformation efforts.
The Homeowners Insurance Quoting Process: Is It Improving?
The insurance organizations who rethink this process from the outside-in customer perspective will be positioned for market growth.
What’s the Best Approach to the Small Commercial Market?
SMA has identified five prevalent distribution strategies that are currently deployed by small business insurers.
Commercial Insurers Prioritize Technology to Tackle Perennial Challenges
As the commercial insurance market grows, insurers are applying digital and data-related technology solutions to develop new products, expand distribution, and optimize underwriting for greater profitability.
Insure and Enjoy: How Parametric Insurance Can Benefit e-Businesses and Improve Customer Experience
As parametric insurance picks up pace, it will begin to overtake traditional insurance products across various sectors and enable a wide range of e-businesses to play in the arena.