Technologies driving Insurance into the Digital Age Technology has the potential to transform the insurance industry as we know it. Digital technology can drive significant changes in the modern insurance domain. For modern insurers, the ever-changing landscape of the insurance industry has led to the advancement of technological acceleration in the entire sector. New digital […]
Technologies driving Insurance into the Digital Age Read More »
Common Errors and Omissions Claims Against Insurance Agents Costly errors and omissions claims in insurance have increased substantially over the past few years. This is why insurance agents need to take concrete steps to protect themselves. The biggest risk of being an insurance agent is the inaccuracy of errors and omissions claims. These claims can often accrue
Common Errors and Omissions Claims Against Insurance Agents Read More »
6 Major Use Cases for Advanced Data Analytics in Insurance Industry The insurance industry is known to be a high-risk industry. Having to constantly navigate through claims procedures, pricing and promotion while minimizing compliance risks at all times can be quite a challenge. Insurance companies rely heavily on data and statistics for quicker decision-making. This
6 Major Use Cases for Advanced Data Analytics in Insurance Industry Read More »
Artificial intelligence is quickly becoming the norm in many industries — the insurance industry included. A report by McKinsey states that “AI and its related technologies will have a seismic impact on all aspects of the insurance industry, from distribution to underwriting and pricing to claims.” The insurance industry has been a paper-intensive industry with repetitive, manual
Embrace Insurance Policy Lifecycle Automation With ExdionEDGE Read More »
