Operational Efficiency

For instance, software can help insurers underwrite 80% faster and handle 40% more tasks with the same headcount.

AI-enabled automation delivers immediate returns for P&C insurers through modular, strategic implementation.

With 50% of agency staff reporting burnout, strategic automation creates breathing room for client-focused work.

Modernizing insurance payment processes transforms a routine touchpoint into a strategic competitive advantage.

Many insurers lack a complete view of risk due to outdated, siloed systems that force underwriters to manually formulate risk analysis.

Insurance leaders leveraging AI, automation and data analytics will define the industry's evolution through 2030.

Insurers are great at using their abundant data for analysis but can't constantly mine it for insight that drives action in real time.

Research shows that, despite front-end digitization, outdated claims payment infrastructure undermines insurers' efficiency and customers' trust.