distriBind - curing the insurance industry of its spreadsheet addiction’s Post

As technology reshapes the #insurance industry, digital evolution is revolutionising underwriting. How does this impact MGAs? Together with Michael Keating, CEO of MGAA, we explore this in the recent article based on our #InsurTalk interview. We discuss the rise of the #MGA sector, the shift in #underwriting processes, and the crucial role of human insight in a digital world. Discover more about the future of digital underwriting and the balance between #tech #innovation and the human touch in the full article here: https://lnkd.in/dMUcBPFW

🔗 Strengthening MGA-Carrier Relationships with Cutting-Edge Technology! 🔗 In today's competitive market, MGAs must leverage technology and data to enhance their relationships with carriers. Discover how MGAs are transforming risk selection, improving customer service, and gaining carrier trust with advanced tech tools and predictive analytics: https://lnkd.in/ePRgmN5f #Insurance #InsurTech #MGA #CarrierRelationships #DataAnalytics #CustomerService

Tim Kaltofen, VP Sales at ELEMENT Insurance AG, discusses the future of digital transformation for MGAs across Europe - and what the data revolution will mean for them, in this latest, dynamic thought leadership article. 👉 He says: "Data-driven enablers bring standardisation across markets, flexibly and reliably, as well as additional insurance capacity – responding to distributors’ needs to launch in the several markets, or even EU as a whole – as opposed to just in individual markets." #insurtechinsights #thoughtleadership #mgas #data #europemarket   https://lnkd.in/ezFxsiiG

Managing General Agents (MGAs) grapple with digital shifts, customer dynamics, and industry challenges in a rapidly transforming insurance landscape. To succeed in 2024, understanding technology's role in customer acquisition, loyalty, and risk management is vital. Join industry experts Daniel Thafvelin, Karen Stanford, and Atle Holmtoft to explore phased digital transformations for sustained growth and competitiveness. Let us know what you find in the comments! Learn more by visiting here: https://bit.ly/47KYN5o #MGA #DigitalShift #Transformation #Technology

🌟 Today marks the start of Insurtech Insights, Europe's largest Insurtech Conference. Ahead of two days full of insights, inspiration and networking, we want to share our latest article, which serves as an introduction of a white-paper we will publish very soon. (Stay tuned!) 🚀 Our very own Tim Kaltofen, VP Sales Strategy, delves into the future of digital transformation for MGAs across Europe and the pivotal role of data in his latest thought leadership piece. As a data driven carrier, ELEMENT stands out as a reliable partner for MGAs, addressing their needs and facilitating seamless insurance offerings for customers across Europe. "Data-driven enablers bring standardisation across markets, flexibly and reliably, as well as additional insurance capacity – responding to distributors’ needs to launch in the several markets, or even EU as a whole – as opposed to just in individual markets." 👓 Check out the full article here: https://lnkd.in/dxixvbNX #ELEMENTInsurance #InsurtechInsights #ThoughtLeadership #MGAs #Data #EuropeanMarket

Our series of predictions from industry professionals continues with new and emerging risks for 2024, from Centana Growth Partners, THL Partners, Clyde & Co, EY, Nationwide, Aon, AXA, MassMutual, Sedgwick and kWh Analytics. https://bit.ly/3tHTpSJ #insurtech #2024trends #InsuranceIndustry #riskmanagement

New from Quotech, it's Quex, the latest in Exposure Management systems. Get in touch today for a demo. Everything else is old tech. #insurance #reinsurance #mgas #insurancebroking #lloydsoflondon #data #insurtech #insurancetechnology #underwriting #exposuremanagement

Explore the pivotal role that #data, #analytics, and #AI have in revolutionizing Property and Casualty (P&C) insurance underwriting. Check it out here: https://okt.to/YQj5w1 Our latest report highlights how innovation aids insurers in achieving cost reduction, enhanced efficiency, and long-term growth. It showcases the significance of AI on the #cloud, driving value through intelligent strategies, and projects productivity improvements from advanced analytics throughout the underwriting process. The report analyzes trends and growth forecasts in the insurance IT services market, providing Everest Group's insights into the global insurance IT services outsourcing sector, including various business segments and regions. Learn more here: https://okt.to/WuCfOZ Connect with us: Ronak Doshi Aaditya Jain Vigitesh Tewary Vanshika Notani Ahmad Khan

❗️ 𝗪𝗵𝗮𝘁 𝗲𝘅𝗮𝗰𝘁𝗹𝘆 𝗶𝘀 𝗽𝗮𝗿𝗮𝗺𝗲𝘁𝗿𝗶𝗰 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲❗️ Parametric, also known as 'index-based,' insurance serves as a strategic tool for corporations and risk managers, offering tailored solutions to navigate the intricacies of our rapidly evolving risk landscap The compounding challenges of climate change, supply chain disruptions, rapid technological advancements, economic uncertainty, budget constraints, and the tightening insurance markets necessitate strategic foresight and proactive adaptation strategies. Let's read the guide form Swiss Re Corporate Solutions

❗️ 𝗪𝗵𝗮𝘁 𝗲𝘅𝗮𝗰𝘁𝗹𝘆 𝗶𝘀 𝗽𝗮𝗿𝗮𝗺𝗲𝘁𝗿𝗶𝗰 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲❗️ Parametric, also known as 'index-based,' insurance serves as a strategic tool for corporations and risk managers, offering tailored solutions to navigate the intricacies of our rapidly evolving risk landscap The compounding challenges of climate change, supply chain disruptions, rapid technological advancements, economic uncertainty, budget constraints, and the tightening insurance markets necessitate strategic foresight and proactive adaptation strategies. Let's read the guide form Swiss Re Corporate Solutions