Tag: Delegated Authority

There's been a noteworthy shift within the insurance sector. The catalyst for this shift? The ever-growing importance and sheer volume of data.

In a 2019 conference panel discussion, the CEO of distriBind made an insightful statement about data management in insurance: "In a bordereaux world, you have to touch 100% of the data." This motto continues to drive the company's mission of removing friction and manual labour in delegated authority within the insurance sector.

The insurance sector has witnessed a paradigm shift with the adoption of delegated authority, a concept that propels operational efficiency and streamlining. Amid the complexity of this system, one essential component stands out - the velocity and transparency of data exchange.