CIO Jamie Roser credits the carrier’s quick expansion over its five-year lifespan as a company to its digital strategy centered on a cloud-based core system.
In every step of the claims process, telematics can reduce insurers’ costs. Using this technology to capture and transmit vital accident details facilitates faster response to the accident scene and more efficient assessments and repairs. This overview explains how
While carriers may not be able to replicate the exact science, they should understand that organizational and cultural shifts can both attract the right talent and encourage the emergence of internal ideas.
Half of the organizations surveyed said existing tools aren’t effective in the cloud and an overabundance of tools makes it almost impossible to prioritize IT and security investments.
The insurer set up an innovation lab in 2016 with SVP of Commercial Auto Kim Garland at the helm, but also keeps a sharp eye out for transformation occurring outside company walls by insurtechs.
Insurance companies need to adopt the new marketplace mindset of transparent comparison and seamless user experience to keep customers engaged with the products we sell.
It’s no surprise that most insurers want to continuously refine their back- and front-office operations in order to streamline the auto liability claims experience.
It’s no surprise that most insurers want to continuously refine their back- and front-office operations in order to streamline the auto liability claims experience.
Many are using graph database technology to provide the necessary relationship mapping, combined with master data management, data federation and artificial intelligence.
Insurance companies need to adopt the new marketplace mindset of transparent comparison and seamless user experience to keep customers engaged with the products we sell.
The critical factor in determining a prospect’s retention potential is by engaging highly predictive, insurance-specific intelligence at the point of prospecting.
