Going Digital

Insurers that move swiftly and wisely to use the metaverse can enhance customer engagement and create new revenue streams.

Some insurtechs will struggle, and there will even be some fatalities, but most are making the necessary adjustments and operating successfully.

In developing technology solutions, one of the most overlooked and critical elements of delivering value to end users is empathy -- truly understanding their pain points. 

The U.S. market value for embedded insurance was $5 billion in 2020 and is projected to rise to more than $70 billion in 2025.

Self-service automation is the next step in the insurance industry. The right solution can be a win-win for insurers and customers, while the wrong solution can irritate customers and ruin a carrier’s reputation.

In this webinar from Equisoft, learn how taking a Greenfield approach as a first step in policy administration system modernization can reduce risk, accelerate innovation and help carriers stay ahead of the digital transformation curve.

The coming year will likely present a lot of opportunities for big carriers to buy whatever they’re interested in.

To help industry players orient themselves, compete more effectively and better serve customers in an increasingly volatile world, here are trends to watch for.