As of my last update in January 2022, I can’t provide specific information on events or developments that occurred after that time, including InsureTech Connect 2024. However, I can speculate on some potential key themes based on trends in the insurance and technology industries up to that point: AI and Machine Learning Integration: Insurers are … Read more
In the ever-evolving landscape of the insurance industry, staying competitive often hinges on the adoption of cutting-edge technology. One area where technology can make a significant impact is policy management. Implementing new policy management software can streamline operations, enhance customer experiences, and drive efficiencies across the board. However, navigating the implementation process successfully requires … Read more
Millennials and Gen Z, the digitally native generations, are rapidly becoming the dominant consumer demographic, reshaping industries with their unique preferences and expectations. For insurers, successfully engaging with these tech-savvy cohorts requires a strategic approach that leverages technology to deliver seamless, personalized experiences. Here are key strategies that savvy insurers can employ to woo Millennials … Read more
Artificial intelligence (AI) is revolutionizing the insurance industry, offering unprecedented opportunities to streamline processes, enhance decision-making, and deliver personalized experiences to policyholders. From underwriting and claims processing to customer service and risk management, AI is transforming every aspect of the insurance value chain. In this ultimate guide, we’ll explore everything you need to know about … Read more
In the digital age, data has emerged as a valuable asset for insurers, offering unprecedented opportunities to gain insights, drive informed decision-making, and enhance business performance. However, the sheer volume and complexity of insurance data can present challenges in extracting meaningful insights and translating them into actionable strategies. To effectively harness the power of data, … Read more
In the highly competitive landscape of the insurance industry, smaller community insurance companies often find themselves pitted against industry giants with vast resources and established brand recognition. While the giants dominate in terms of market share and financial strength, community insurers have their own unique advantages, such as localized knowledge, personalized service, and agility. … Read more