Customer experience

By asking the right questions, and offering the time to understand and explain coverages to consumers, independent agents are creating value to consumers, says Bill Wilson, CPCU and associate VP of education and research for Independent Insurance Agents & Brokers of America. In the second part of this exclusive interview, Wilson discusses Google Compare, the differences in policies, and how insurers can differentiate themselves in a crowded field.

In the week since the release of the Celent report “Machine Intelligence in Insurance: Designing the Aware Machine,” I have been involved in several fascinating discussions around a new level of personalization in insurance.

Novarica president and CEO Matt Josefowicz says that recent carrier developments prove that 2015 was a banner year for insurance leadership in technology.

Clements Worldwide, provider of international car, property, term life, health, specialty and high-risk coverages for expatriates and international organizations, has deployed a direct-to-consumer portal using ISCS’ SurePower Innovation. The insurer completed the implementation of the policy, billing, claims and underwriting components of SurePower Innovation last year.

As direct sales, online comparative raters and insurance aggregators gain visibility in the U.S. market, independent agents continue to offer value to both consumers and insurers, says Bill Wilson, CPCU and associate VP of education and research for Independent Insurance Agents & Brokers of America. In the first part of this exclusive interview, Wilson discusses trends in insurance distribution, the differences in claims experiences and the fact that not all policies are created equally.

Answering these questions can help carriers determine their paths given changing customer needs and a more competitive landscape, according to “Capturing the insurance customer of tomorrow,” a white paper from Accenture.

The insurer, which produces as many as 10,000 documents per day, deployed Xpertdoc’s CCM solution to streamline and update their billing processes, enabling control over document content and design, Xpertdoc said.

Latest version of insurers' EACCESS portal features policyholder capabilities in addition to agents.

Xpertdoc, a Microsoft Gold partner, will host the software on the Microsoft Azure cloud platform.

The goal is more immediate access to a claims adjuster at the time of a boat accident.