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Direct channels have had a significant impact on the insurance industry. They have enable insurers to reach customers more effectively and efficiently, offer more personalized and customized products and services, and reach new customer segments.
In addition to convenience and a wider range of products, insurers in digital ecosystems can also offer more transparent pricing and coverage options.
As the demand for digital insurance skyrockets, so does the need for insurers to invest in IT.
After a consistently low inflation rate over the years 2020-2022 saw a 7.1 percent inflation rate that is still going up. As the cost of commodities and services keep going up in most industries, the insurance industry is not exempted.
With the perfect business insurance offering coverage for these potential risks, business owners are able achieve peace of mind and focus their attention on operating a productive, profitable and personally rewarding business for years to come.
Many people have questioned the value of insurance because it is an intangible product. Here are 4 reasons why insurance is important
We have simplified the design and user experience to empower your productivity and inspire your creativity of building better insurance products.
The medium- to long-term prospects for the insurance sector as a whole will be shaped by underlying trends that have been accelerated in recent months.
Initiatives must be linked to the highest business value and customer impact at stake, with systematic follow-up in place to ensure that value is being realized incrementally.
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