It's nearly impossible to discuss the future of any industry without touching on artificial intelligence (AI), and insurance is no exception. AI technology automates tasks traditionally performed by humans, such as gathering information, analyzing data, and drawing insights. AI thrives on large datasets, and with access to these, insurance professionals are exploring how this … [Read more...] about The Role of AI in the Future of Insurance Software
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Fishing for Leads: How to Reel in Success with Insurance CRM Software
Sigmund Freud once said, "Everything that you and I do springs from a motive: The desire to be great." This idea resonates with people across the globe, even though the definition of greatness varies. In the insurance industry context, greatness means generating more leads and closing more deals than your competitors.What will set you apart are your strategies and their … [Read more...] about Fishing for Leads: How to Reel in Success with Insurance CRM Software
Choosing the Right System: A Comparison Between CRM for Insurance Agents and Agency Management Tools
When it comes to managing an insurance business, the tools you choose make all the difference. Insurance agents today are flooded with choices for software solutions. But with so many options, how do you pick the right one? Two of the most popular types are customer relationship management (CRM) systems and agency management systems (AMS). Both promise to streamline your … [Read more...] about Choosing the Right System: A Comparison Between CRM for Insurance Agents and Agency Management Tools
AI/ML Use Cases: 4 Trends Insurance Industry Leaders Should Follow
The insurance sector relies on the capacity to manage risk and forecast future events. While numerous organizations are already evolving to meet the anticipated demands of regulatory requirements and consumer needs, new and emerging technologies present a wealth of potential advantages for those willing to embrace this change. Integrating these technologies enhances the … [Read more...] about AI/ML Use Cases: 4 Trends Insurance Industry Leaders Should Follow
Cyber Insurance for SMEs: Affordable Protection or Unnecessary Expense?
Consider the possibility of a cyber attack on your small business. All data is lost, business cannot be operational, and clients are in danger; this is the reality for many SMEs. Nearly half (46%) of cyber breaches affect businesses with under 1,000 employees. Cyber insurance comes in as a financial instrument that helps to recover losses in the event of a breach. The most … [Read more...] about Cyber Insurance for SMEs: Affordable Protection or Unnecessary Expense?