Displaying "IT" articles (25)
The Modern Approach to Embedded Insurance
Insurers have been offering embedded insurance for nearly a century. While embedded insurance is an established concept, technology is now available that vastly increases choice for consumers and allows them to receive truly personalized offers.
Transform Underwriting to Improve Agility and Profitability
As insurers navigate a rapidly changing macro environment and evolving customer expectations, the need to reimagine insurance has become more urgent than ever. One area that requires particular attention is underwriting, which is often less visible to customers than other functions in the insurance value chain. However, upgrading underwriting can have a significant impact on capturing new business and driving profitability.
Modernizing & Upgrading Insurance Underwriting
With new technology and the assistance of a reliable and knowledgeable partner, insurers can move rapidly to generate improved business results. Now is the time to move forward with modernizing and upgrading underwriting in insurance.
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Four Insurance Considerations to Stay Ahead in 2023
Insurers face new trends, industry complications, and technology changes. In this eBook, we examine four of these new developments and show how they can present a real opportunity for insurance carriers who can quickly react and take advantage of all they have to offer.
A Winning Pricing Strategy for Auto Lenders
We spoke with Ryan Potts, Director of Pricing & Profitability, Dealer Services at U.S. Bank. A 14-year veteran of U.S. Bank, Ryan leads the consumer dealer services division, and he and his team are responsible for pricing and profitability for auto loans and auto leasing, as well as financing for recreational vehicles (RVs) and marine lending.
Leveraging Intelligent InsurOps to Relieve Upward Pressure on Premiums
The impact on claims from diverse forces as inflation, rising interest rates, altered driving patterns, cyber threats, and extreme weather events, to name just a few, create scenarios with upward pressure on premiums and highly uncertain outcomes.
Seizing Opportunities in Digital Automotive Finance
With shrinking profit margins, auto manufacturers and lenders are embracing complementary products and services as never before. This has forced their thinking to evolve away from closed, legacy technology architectures and standalone software applications to a strategy that accommodates flexible connections with those partners.
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Winning in a Changing Insurance Landscape with Agile Operations
Improving agility is not just an internal accomplishment. While this helps enhance internal workflows and processes – saving time, increasing productivity, and generating new efficiencies – truly agile operations also deliver benefits for the entire organization. Improving the agility of operations will become table stakes as the entire insurance industry looks to take advantage of many different digital use cases.