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Patrick J. Sullivan, senior vice president of integrated analytics for Munich Re North America Life, spoke about how technology is transforming life insurance. "Over time, we'll migrate more towards a paperless application, where someone will give their consent for the information to be pulled, and then it will really only be on an exception basis if the insurers needed a little more information that they would follow up with questions," he said. "The technology will really make it much easier to get insured and I think if that's easier, more people will get insured, which is ultimately what our goal is in the industry." https://bit.ly/46OZcU2 #insurtech #lifeinsurance #insurance #predictiveanalytics #AI

Great article from Patrick Sullivan on how technology changes life insurance!

Life insurance needs to embrace technology for smoother claims and happier customers. Swiss Re's launch of ACE (Automated Claims Experience) and CARE (Claims Automated Rules Engine) highlights the importance of meeting increasing customer demand for digital services.

Thanks Sapiens for promoting this blog post. The opportunity to bring Atidot's AI and predictive analytics to life insurance operations is massive and bringing it to market with Sapiens enables carriers to identify the opportunities and improve the operations on the same platform!

Would you believe that the life insurance business was once considered staid and conservative? But with the growth of AI and predictive analysis, today’s industry is anything but. Atidot Founder & CEO Dror Katzav examines how these innovative technologies have transformed today’s life insurance sector with enhanced automation and greater operational efficiencies in this week’s blog. Read more here: https://lnkd.in/d8SqKV7U #lifeinsurance #insurtech #AI

How technology is shaping the landscape of life insurance, embracing digital transformation. Stay updated on the latest trends in the industry. #Insurtech #DigitalTransformation

Check out this short overview on automation in life insurance and its impact in policy administration, customer experience, risk & underwriting, and claims. Thanks Ernst Renner for sharing! https://lnkd.in/e54AxPWK #insurance #lifeinsurance #automation Rees Bearden, Michelle (Rivera) Rosen, MBA - Thanks to you, too!

Discover how INSTANDA and UnderwriteMe are redefining the life insurance sector through no-code tech. Their partnership heralds a new era of efficiency and innovation. #insurance #insurtech #technology https://lnkd.in/esFAWTDg

Innovation has always been the key to progress in the life insurance industry. In a recent article for InsuranceNewsNet, our CEO and Co-Founder Michael Konialian discusses: 1️⃣ Simplifying complexity: Modern Life's tech-driven approach simplifies the process of selling life insurance, making it easier for advisors and clients to get covered. 2️⃣ Advanced AI solutions: Generative AI is revolutionizing underwriting, planning, and client communications. 3️⃣ Streamlined success: New technology empowers advisors to scale their practices and place complex cases faster than ever. Read the full article here: https://hubs.ly/Q022hPG50 #LifeInsurance #Insurtech #Innovation

Innovation is the driving force behind progress in the life insurance industry. In a recent article for Insurance News Net, our CEO and Co-Founder, Michael Konialian, shares how Modern Life is leading this change. To learn more about how Modern Life is transforming the life insurance industry, check out the full article below.