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SE2, an Eldridge business and life and annuity InsurTech, life.io, Breathe Life and Convergent, have evolved into Zinnia to power open insurance.
The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?
Customers have raised the bar on the level of service they expect from their insurance provider. Faced with the industry’s historic reputation of working against the customer, insurers and InsurTechs must raise their customer experience game if they are to come out on top.
An increased demand of InsurTech services has continued to attract steady stream of innovative new entrants to the industry, and incumbents have had to...
Power to impact markets has typically been held by governments, but big tech corporates and billionaires could be changing the landscape of power, but what will this mean for individuals?
Becoming an entrepreneur takes a strong mindset and every path to becoming a company founder will be different. Life.io’s latest podcast explores the journey of Ramsey Smith and how he became an entrepreneur.
With customer demands changing to become more focused on flexibility and personalisation, behavioural analytics is the key to help insurers meet this need.
Life.io, which designs customer engagement technology for insurers, has helped a “well-established” carrier improve lead generation by 27-times, it claims.
Despite the troubled global situation, the InsurTech sector managed to continue its yearly growth and hit a new record for annual investment volume.
Insurance carriers have seen a heightened engagement from consumers during the pandemic, but they need to capture this demand while it lasts and foster a deeper, more engaging relationship with customers to maintain their interest.
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