No matter what line of business, great underwriting outcomes start with a well-managed underwriting process, and every stakeholder needs to have the right information at the right time so they can make better, faster decisions about each risk.
Leroy McCarty, VP of Operations with Forrest T.Jones & Company and Fidelity Security Life Insurance Company discusses how partnering with Smart Communications enabled the company to meet its digital strategy objectives.
For the past 10 years, the key word for improving auto insurance quoting has been ’faster‘. Carriers have been continuously looking for ways to get their customers through the quoting process and into a bound policy with less touches.
Achieving widespread, AI driven insights and automation in the insurance claims space requires significant evolution in our approach to data accuracy, standardization and availability of information.
Each year, 1.35 million lives1 are lost in road accidents worldwide. Given the statistics, car makers have been investing heavily in safety technologies to reduce the number and severity of car accidents. However, up until now these safety technologies, and their positive impact on road safety have (still) not been adequately considered by the insurance industry.
As Cloud applications become increasingly important in the Insurance industry, what potential value are you missing by not integrating the capabilities of a 5G/Edge platform into your application development architectures?
Creating a digital customer experience should be an end-to-end experience that not only empowers the end user, but also helps to create demonstrable efficiencies for agents and brokers alike. We know this is now an imperative, but what’s entailed?
As the world’s economies struggle with shutdowns, disconnected workspaces, and recessionary pressures, the insurance industry faces unique challenges that modern technologies can help solve.
One of the finding within the World Insurance Report 2020 by Capgemini and EFMA, was the increasing need to deliver hyper-personalized, experience led engagement to all customer segments.
Just as most insurers are struggling to repay the technical debt built up over the years by hanging on to old communications systems and platforms, they are battling a related communications debt.
During this fireside chat, you will learn how IBM and other organizations are adapting technology to optimize this crisis, avert risk, and increase employee satisfaction and productivity, while driving innovative thinking and enhancing customer experience.
