Managing routine service inquiries is quicker with workflow automation and smart chatbots
Seamless claims submission and processing with mobile apps and real-time data delivery
From traditional insurance companies to spry startups, insurtech is already spurring huge changes wherever you turn — surprising some who viewed the industry as slow to change and evolve. But carriers and brokers now realize that insurtech holds the power to help them build lasting, more satisfying relationships with clients and policyholders – especially as we gear up to integrate automation and AI into our workflows. And they know how to do it while navigating complex regulations and maintaining the highest levels of financial ethics.
Why is insurtech important?
Insurance technology can be the driving force for innovation in america phone number list an industry with a reputation for loving paperwork. Insurtech frees carriers and brokers to solve problems more efficiently — and be more human —simply by implementing and integrating AI, automation, and data. Less paperwork, more engagement.
Trends in tech are driving insurtech change — and these tech innovations can actually make some insurance interactions delightful. VerspierenOpens in a new window, a major insurance broker, created a program allowing shoppers to instantly buy warranty insurance on their expensive purchases. That means near-instant quote-to-bind – just two minutes. And that’s digital innovation enabling simple, automated shopping experiences to give customers peace of mind, sans paperwork.