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.
This increases the chances that insurers will realize new business without taking on unnecessary risk, increasing revenue streams and boosting profitability.
In this eBook, we will:
Take a step back to look at the history of embedded insurance
Highlight the weaknesses in the “traditional” approach to offering it
Lay out the technology architecture and functionality required to modernize and upgrade embedded insurance for future success