Tackling the Disconnect Between Insurers and Insureds By Colleen O’Hara The insurance industry has focused on price, not service, for far too long, producing a failure to communicate with customers.
Shifting From Transactional to Relationship-Driven Insurance By Brad Simmons Specialty insurers must evolve beyond transactions to deliver personalized, digital-first coverage that meets modern consumer demands.
Behavioral Insurance Reshapes Risk Models By Srivathsan Karanai Margan Chris Logan The insurance industry is shifting from traditional actuarial models to incorporate behavioral data in risk assessment practices. The implications are enormous.
AI Takes Insurance BPO to the Next Level By John Simpson Organizations that successfully combine AI's processing power with experienced professionals' judgment will gain significant advantages.
A Day in the Life of an L&A Insurance Super Agent By Bobbie Shrivastav Lawrence Krasner Here is a snapshot of a typical day for a service staff with SUPERPOWERS (i.e., good data, automation, and an AI assistant).
Gen AI: The Game Changer Insurance Has Been Waiting for By Biswa Misra Generative AI promises to revolutionize customer engagement, yet only 10% of companies fully embrace its transformative potential.
New Standard Life Insurance Application Simplifies Process By Andy Kramer Yolanda Austin New ACORD standard life application promises to eliminate redundant questioning and streamline the insurance buying process.
Data Orchestration Reshapes Future of Insurance By Rory Yates Data orchestration emerges as the key to transforming insurance from policy-centric to customer-centric operations.
Changing Expectations on Mobile Payments By Julie Schieni 41% of millennials with insurance purchased it with their mobile device, and other generations are moving in that direction, too.
Are We Losing Our Negotiating Power? By Taylor Smith John Burge The plaintiff bar has investigated a staggering amount of money to improve its data on claims settlements. Insurance industry lawyers are way behind..
Continuous Improvement Comes to Insurance By Tom Bobrowski Process intelligence tools let operations leaders “see” digital products being built, enabling use of statistical process control techniques.
The Experience/Efficiency Paradox By Rory Yates Insurers must move from the manufacturing era (efficiency through administrative scale) to the ecosystem era (maximizing the value of a relationship).