Policyholders can simply take a photo of their odometer to submit their mileage instead of using tracking devices or always-on smartphone apps that some drivers may find invasive.
Operating on a reciprocal exchange model, Noblr offers individualized rates based on driving behavior recorded on a smart phone app available for both iOS and Android.
Modifying product options, improving communication channels for younger customers, and complying with modern regulations are all vital components of staying competitive in the marketplace.
Through the acquisition, Employee Benefit Concepts clients gain access to an expanded suite of tools, solutions and expertise available through USI ONE Advantage.
To prevail in today’s evolving talent economy, insurers must bridge the gap between the different generations—attract young talent while keeping their experienced, tenured talent supported and motivated.
It remains to be seen what the destiny of InsurTech will be over the long run, but it seems more likely to be a permanent adjunct to the insurance industry and its vendor ecosystem than a passing fad.
A conversation with L&G’s Director of Digital Strategy & Innovation about the place of life insurance legacy core systems within a longer-term digital business strategy.
The vendor will leverage MuleSoft’s Anypoint Platform to support connecting applications and data in the cloud and on-premises.
Key enhancements focus on expanse management, enabling adjusters to manage all expense activity and financial transactions from the claims adjuster desktop.
Consider engaging a third-party external advisor that has seen the issue in many organizations, has a team of experienced consultants in the field, and has been engaged in delivering state of the art solutions to customers with a similar profile to your own organization.