The Alexander Group’s Post

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

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

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

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

How deep in your systems and processes are your business rules? What does it take to change them? Organizations have to: ☑️ Ensure quality of decision-making ☑️ Operationalize change ☑️ Stay transparent The truth is that creating and modifying business rules is hard. It's also business-critical. ▶️Learn why: https://lnkd.in/gq5r-Ttg #businessrules #decisionmanagement #insurtech #insurance #brms #bre #insurtechinsights

Insurance agent turnover rates have nearly doubled, reaching 15%, and 63% of young agents feel the industry is slow to adopt new technology. Investing in the right tech ensures modern agents thrive with real-time support, smart incentives, and robust clienteling tools. https://hubs.li/Q02Fv36w0 #Insurance #SalesEnablement #AgentTraining #Rallyware

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

How deep in your systems and processes are your business rules? What does it take to change them? Organizations have to: ☑️ Ensure quality of decision-making ☑️ Operationalize change ☑️ Stay transparent The truth is that creating and modifying business rules is hard. It's also business-critical. ▶️Learn why: https://lnkd.in/gq5r-Ttg #businessrules #decisionmanagement #insurtech #insurance #brms #bre #insurtechinsights

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

Emerging technologies are poised to transform underwriting for insurance businesses. Discover the key underwriting trends for small and medium-sized insurers. Read the full blog here. https://lnkd.in/gVS4Rfg8 #insurancesoftare #insurancetech #insurancesolutions #insurancetechnology