Alice Leo’s Post

In the #insurance industry, leveraging tools like digital document processing and #dataanalytics allows us to not just keep up with digital trends, but set them.

Still drowning in manual policy checking? There's a better way! ⏱️ Struggling with slow quote turnaround times due to tedious policy Checking process? We feel you! Our new blog post explores how InsurTech solutions can automate the process, saving you time & boosting accuracy. Learn how: ➡️ https://bit.ly/3XHSfDt P.S. What's your biggest frustration with policy checking? Let us know in the comments! #insurance #efficiency #insurtech #insurancebroker #insuranceagency #policycheckingautomation #TechTammina

Customer expectations are evolving, and insurers are facing mounting pressure to adapt swiftly or risk falling behind. While some insurers tread cautiously, industry leaders are seizing the opportunity to leverage digital innovation for growth and profitability. For insurers ready to embrace change, navigating these shifting expectations demands a strategic approach. In the first installment of our three-part series, A&MPLIFY by A&M experts delve into the pivotal trends shaping the future of insurance, offering guidance on how to stay ahead in this ever-evolving landscape. Explore our latest article here: https://okt.to/8G3NhW #AMon #DigitalTransformation #Insurance #Innovation Vivek Pai, Tamseel Butt, Dilan Mehmet

Columbia Insurance Group selected Guidewire to modernize its technology platform to meet its long-term business strategy needs. #GuidewireCloud #insurance #innovation #insuranceinnovation #insurtech #insurancetechnology #pandcinsurance #propertyandcasualtyinsurance #cloudcomputing

Rapid digital transformation has unlocked a number of opportunities for small and mid-sized insurance businesses. Read this blog to explore the tech-powered underwriting trends that are slated to transform the industry 👉 https://lnkd.in/gVS4Rfg8 #insurancebusiness #insuranceindustry #insurancetech #insurancetechnology #insurancesoftware #insurancesolutions #insurtech #underwritingtrends #smallmidsizedbusiness #digitaltransformation

Why Embedded Insurance Should Be on Your Radar Embedded insurance is transforming industries by integrating coverage directly into products and services, streamlining processes, and enhancing customer engagement. Key sectors benefiting include smart homes, real estate, ride-sharing, and online transactions. Partnerships, such as Nubank and Chubb, highlight its potential. With a projected CAGR of 25% by 2030, embedded insurance is set to reshape the industry. Read more: If embedded insurance isn't a topic in your boardroom, why not? #EmbeddedInsurance, #InsurTech, #DigitalTransformation, #SmartHomes #RealEstate, #AutomotiveInsurance, #Innovation, #InsuranceIndustry #FutureOfInsurance, #Partnerships,#CustomerExperience, InsuranceTrends

When managing business rules in #insurance, transparency serves both internal stakeholders as well as clients and partners. It ensures explainability: to track and understand exactly what decision was made and for what outcome. But it's not any easy task when business rules have been automated and delivered by custom solutions hard-coded into IT systems. ▶️Learn why: https://lnkd.in/gXBgPxZM #insurtech #businessrules #decisionmanagement #decisionintelligence

P&C insurers pivot to innovative tech amid rising expenses and claims. Discover proactive strategies for profitability in 2024’s tough market. #InsuranceTrends #Innovation #insurance #insurtech #technology https://lnkd.in/eeDVsgct

With the regulatory environment and evolving market dynamics in the #insurance industry, it's critical to have robust, adaptable business processes. 👉 Our #CentricChicago team developed a strategic plan for a Fortune 500 insurer's #ProcessImprovement efforts to help deliver faster results and simpler processes. Read how in the full client story: https://ow.ly/IVZa50Qqvcx

🔍 Exploring 2024 Insurance Trends 🔍 As we embrace the dawn of 2024, uncertainty and excitement blend in the insurance landscape. DOXA expert brokers share insights on what lies ahead. 🏠 Property: 2024 could be a year of transition for the property market. Rising premiums and shrinking capacity have been the norm, but we anticipate a shift. New players are challenging incumbents, offering competitive pricing and expanding market capacity. This opens doors for insureds to renegotiate at renewal, promising a dynamic year ahead. https://shorturl.at/qOW24 #Insurance #2024Trends #DOXAInsights