1. Home
  2. Resources
  3. Guides
  4. Insurance technology. For show or dough?
Guide
14 August 2024

Insurance technology. For show or dough?

How the latest technology is driving unprecedented margins.

There is still a lot of scepticism in the insurance industry about the economic value of digitalisation.

The industry is awash with tales of failed initiatives, oversold technology, and costly over-runs. But the increasing number of those that succeed are seeing extraordinary cost savings and industry-leading margins – leaving the competition in their wake.

In this article we look at how modern cloud-based policy admin systems, through the use of data enrichment, automation, and better UX can help to:

  • Increase broker submissions by up to 75%
  • Improve underwriter efficiency by 68%
  • Double premium per underwriter

All of which combine to provide a multiplier effect on your bottom line. Read our guide to learn more.

Free download

Insurance technology. For show or dough?

Grow your revenue without growing your headcount.

Book a demo to find how we can help you launch, grow or scale your next insurance product.