Our economy is in the midst of major disruption, with technology and pressure from insurtech startups changing almost everything we do and the way our customers behave.
Are you deriving the maximum possible return from your analytics? Would you know if you weren’t? A new ISO and Earnix survey on analytic practices by property/casualty insurers in North America revealed key successes and challenges insurers experience.
Insurers regularly need to develop customized updates to coverage forms, but are faced with challenges because they rely on manual processes and inadequate technology.
Obtaining loss histories can be problematic. But there are ways to get them easily, get a faster speed to quote, improve agency relationships, and improve your profitability.