In insurance, insights and signal are king, but the old methods have their limits. Advancements in AI are pushing predictive power beyond prior limitations.
Customers have become accustomed to digital experiences with other industries. Insurers will need to keep up, or risk falling behind and losing them to the competition.
Navigating the digital world may be complicated for the independent insur- ance agent, but letting concerns such as complexity stand in the way of evolving digitally is a barrier to future success.
With billing growing in complexity, the argument for incorporating technology into the billing process are growing stronger. Here are some key considerations before making the decision.