purpleSlate’s Post

Insurance policyholders expect that insurers undergoing digital transformation or shouting from the roof about their "digital success" are creating efficiencies in the end-to-end processes of the customer journeys and - will keep them informed effectively throughout their claims journey without a lot of effort requiring them to seek the status or - will not surprise them with the next set of required documentation but most insurers continue to struggle to meet those expectations. #customerexpectations #customereffortscore #insurance #insurtech #digitaltransformation

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

#DYK that Root Embed allows you to rapidly embed insurance products into your existing customer journeys? And did you know that you can also ‘mix-and-match’ the perfect digital solution for your insurance offering?!  So, if you are looking for a complete mobile-responsive sales flow for quote generation and policy issuing, then look no further: https://lnkd.in/esWPx6gA #Insurtech #InsurtechInsights #Insurance #Reinsurance #EmbeddedInsurance #LowCode #NoCode #Ecosystem

With the rise in customer expectations and the emergence of InsurTech, insurers must embrace digital transformation to stay ahead. Read the blog to know how insurance businesses can embrace modern technology to remain competitive.  Visit 👉 https://lnkd.in/dZ_bK6AU #insurance #digitaltransformation #insurers #insuretech

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

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

Our industry has changed, but its technological transformation remains a work in progress. Robert Burr discusses why insurance's "Uber moment" is still a work in progress. More info: https://ow.ly/PB0A50QbXbp #Insurance #Digital #DigitalTrust #Digitalisation

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

Explore how embedded payments are revolutionizing the $12 trillion insurance industry, making transactions seamless and enhancing corporate margins. Future of insurance is digital with Ian Drysdale's insights. #InsurTech #DigitalPayments #InsuranceIndustry #insurance #insurtech #technology https://lnkd.in/efP3MP9U