Tips to Successfully Roll Out New Technology Solutions

The introduction of new technology can be an overwhelming and challenging task. What is the right approach? How do you make sure your project goes smoothly? Here are some key points to keep in mind for a successful implementation…

Going Digital: Why You Should Invest in a Core Solution

The complexity of managing an insurance policy from inception to termination is a large burden on any organization. Managing underwriting, claims, and renewals tasks can be time-consuming and resource intensive for both the client and carrier. Automating these processes with a modern platform designed by experts in industry allows clients to streamline their entire policy lifecycle, increase efficiency, decrease loss ratios, and save money.

What is SaaS?

As an insurance executive, it’s becoming increasingly important to understand your technology and how your business is structured to deliver value to your customers. For many, they are realizing that their existing core platform is not keeping up with the trends of modern software-as-a-service solutions – which begs the question: What is SaaS? Below is a detailed breakdown of what you need to know the next time your business decides to evaluate a new piece of technology.

The Insurance Industry is Changing: Provide Greater Services

Spurred on by an increasingly competitive landscape, insurance companies have realized that one of the greatest driving factors for attracting and retaining members is the services they provide.

The Insurance Industry is Changing: Reduce Combined Ratios

As the old saying goes, it costs money to make money. It’s no different for insurance companies. Losses incurred by claims throughout the year stand as some of the biggest considerations for leaders across the industry.

The Insurance Industry is Changing: Driving Premium

Direct written premium is the life blood of every insurance program. Insurers are adopting digital strategies to maximize their market share.