Cashflows’ Post

Did you know that more than 40% of consumers in advanced markets and 50% in emerging markets have bought insurance online. Robert Burr's article about Digitisation and Insurance raises fundamentally interesting perspectives- including how we can deploy technology in the right ways, so it plays a more meaningful role in engaging prospective insurance consumers? It is a worthwhile read. #digitalinsurance #insuretech #paperinsurance #paperonline #digitalisation #uxdesign #insurance #insuranceindustry https://lnkd.in/dJu6x7D7

Insurance carriers face a volatile macroeconomic environment due to a variety of factors, particularly within the property, casualty and financial subsectors. Despite this, the potential for growth and profitability remains. When was the last time you re-examined your Marketing, Sales and Fulfillment functions? Industry shifts happen more frequently than in the past, and adaptability will be key for insurance carriers looking to remain competitive. By focusing on these functions, carriers can meet evolving customer needs, support their salesforce, and optimize their bind processes—all in the name of profitable growth. How do digital and traditional strategies work together to create profitable growth and success? Read the article: https://lnkd.in/g994wk23 #insurance #insuranceindustry #FinTech #financialservices John Drosos

Uncover a new competitive edge with financial technology designed for insurance businesses. Explore how fintech can boost your insurance company's growth while improving customer acquisition and retention, as well as streamlining operational efficiency. Offer the best experiences to your customers and optimise your business for growth: https://lnkd.in/gy6WXcJs #insurance #insurtech #financialtechnology #paymentsprocessing

Digital Transformation in the Insurance Industry. There’s a lot, a mean a lot, talk about it. Do we truly know what it is and what it means for our business? In this article created by Piotr Piękoś and me 😊 I want to take you back to the basics. Show benefits and opportunities but also challenges and issues. Finally, focus on some of the main trends in the market. #digitaltransformation #insurancetransformation Future Processing

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

As we continue to witness the digital transformation of the insurance sector, it's important to remember that with every challenge comes an opportunity for growth and improvement. By acknowledging and addressing these challenges head on, we can create strategies that will not only meet consumer expectations and regulatory requirements, but also enhance the human element of the industry. You can read the full article on our website below and if you have anything to add, please leave a comment or send me a message. #insuranceindustry #insurtech #insurancebroker #insuranceagents

What's driving success in the 2024 insurance landscape?   2024 marks a pivotal year for the insurance industry. Despite the macroeconomic headwinds, we're forecasting resilience and accelerated growth in the industry. The key to success? Sharpening #underwriting accuracy and taking #customercentricity to the next level. For insurers, success hinges on customer-focused strategies, strong digital integration, and a commitment to innovation. These elements are your toolkit to navigate and triumph over the challenges.   What trends do you believe are crucial for thriving in our industry as we enter a pivotal year?   Read more about these essential factors in our Insurance Top Trends 2024 report: https://bit.ly/3TPqozm

In 2022, the insurance industry grappled with a challenging landscape, marked by substantial losses in a turbulent market. Insurers swiftly embraced agile technology to confront the growing concerns of inflation and rising interest rates, all determined to minimize their losses. Fast forward to 2023, and we see a notable shift. The Property and Casualty (P&C) insurance market has surged to a historic high, reaching an impressive $843.63 billion, a significant $22 billion increase from the preceding year. This evolution of the industry showcases its resilience and ability to adapt in response to ever-changing dynamics. Promising growth, but ongoing agility and tech adaption will play a pivotal role in staying competitive in the P&C domain.    We are betting big on P&C Insurance and so is the market. You do too? Let's talk: sales@agiratech.com   #pandcinsurance #propertycasualty #insurance #industryinsights #innovationengineered

Curious about what Fintech Enablement can do to futureproof your insurance business?   We break down today's shifting insurance landscape, modernizing customer experiences, and how to accelerate growth with Fintech Enablement platforms like FintechOS. ⬇ #insurance #fintechenablement #insurtech

Insurance intermediaries play an important role in the growth of insurance organizations. They create viable opportunities and act as trusted consultants between the customer and insurer. Creating a seamless digital system for them to transact with the insurer has become a necessity rather than a luxury. Learn how we helped a leading insurer build one system to act as a single point of contact between the insurer, intermediaries, and the customer - https://lnkd.in/d7V8y7_k #Insurance #Insurtech #Kea #DigitalSolution #Data