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.
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Insurance technology. For show or dough?
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