In an era of rapid advancement in technology and evolving customer needs, the insurance industry is transforming itself. As we look ahead, several key trends are shaping the future landscape of insurance. In this article we will try to get a glimpse of the future of insurance technology. 1. Technology Integration: Technology is reshaping the insurance sector. … Read more
Progressive Insurance is offering a unique tool called ‘Name Your Price’. It is designed to provide customers with more control over their insurance premiums. This innovative feature allows policyholders to customize their premium coverage to align with their pockets. How does it work? It is a computer based tool, in which customers put their information … Read more
This blog aims to discuss the insurance industry, the changes that have occurred in the recent past, and the new technologies which are rapidly engulfing the environment including AI and ML. Such advances are revolutionizing insurance firms business models, augmenting productivity, decreasing expenses, and increasing buyers’ value propositions. Instead, this blog post explores the current … Read more