The increasing pace of technological change is causing significant disruption to the insurance industry. Insurers who fail to keep up risk losing market share, while those who embrace new technologies can gain a competitive edge.…
The insurance industry has always been data-driven, relying heavily on data analysis to assess risks and provide policyholders with the appropriate coverage. The sheer volume of data the insurance industry generates can, however, be overwhelming,…
The insurance industry, like many others, has been undergoing a profound transformation in recent years. The demand for faster, more efficient, and personalized services has triggered the rapid introduction of robotic process automation in insurance.…
Insurance is an essential component of modern society that provides individuals, businesses, and organizations with a safety net against unexpected financial losses. However, the traditional insurance industry has faced significant challenges recently, including rising costs,…
This guide will explore the top insurance automation tools and platforms available in the market today, whether you’re looking to improve your claims processing, underwriting, or customer service. Insurance companies are constantly looking for ways…
The insurance industry has been a trifle slow to adopt new technologies, making it challenging to keep up with customer demands. The pandemic accelerated this need, with more customers expecting seamless experiences, faster claims processing,…
The insurance industry has made a significant shift toward automation in recent years. With newer technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Robotics Process Automation (RPA), insurers are automating several of their…
The insurance industry has been traditionally known for its conservative and risk-averse nature. However, the rise of automation technology is forcing insurers to embrace a new way of doing business. With the help of artificial…
As an insurance company, you’re always looking for ways to streamline operations and improve your bottom line. One way for you to achieve this is through automation. Insurance automation can help your company improve efficiency,…
Insurance companies have long relied on traditional, manual processes to manage their operations. However, with the rapid advancement of technology, insurance automation has emerged as a game-changer in the industry. By implementing automation, insurance providers…
Register for a free webinar on How AI can shape insurance CX journeys: From quotation to claims A McKinsey online survey conducted of more than 3,000 individual policy holders across Europe in October 2019 showed…
