Beyond reinsurance, utilizing property improvement insights empowers carriers to price more competitively, underwrite more efficiently and lower loss ratios across the board. (Photo: Shutterstock)
Throughout the modern world, we are seeing impacts from the rise of technology. Cutting out the middleman is a common theme wherever companies can efficiently offer products direct to consumers through superior technology.
Even reinsurance brokerage operations are not immune to this digital disruption. The reinsurance brokerage segment is in danger of disintermediation due to the disparity between frictional cost and value received in broking services.
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