Why 2017 Is the Year of the Bot By Vivek Wadhwa Long ago, our home appliances became electrified. Soon, they will be “cognified” because of the spread of bots and the AI inside.
Getting Back in Step With People’s Needs By Amy Radin Here is a three-part plan for the life insurance industry that may solve a marketplace and social problem hiding in plain site.
How to Reinvent Call Centers By Donna Peeples Even the most modern call centers rely on the telephone to connect with customers. As we shift into the messaging era, this is going to change.
How to Exceed Customer Expectations By Donna Peeples Should every company try a Zappos “whatever it takes” approach to customer service? No. Insurance is different.
The Sharing Economy and Accountability By Robin Roberson Although we are at the early stages of "reputation capital," we will soon be able to carry our reputation with us across online platforms.
Are You Ready for the New Customer? In North America, the lack of understanding of the new customer puts $1.4 trillion of premium at risk in L&A and P&C.
How to Get Broader View of Customers By Sanjeev Chaudhry A concept called Customer 360 is giving insurers much better insight into customers. The change will bring major benefits.
Insurers Fail at Digital Experience By Olivier Njamfa Insurers could only answer 28% of queries across digital channels, and 14% failed to respond successfully on either email, social media or chat.
The Experience/Efficiency Paradox By Rory Yates Insurers must move from the manufacturing era (efficiency through administrative scale) to the ecosystem era (maximizing the value of a relationship).
Changing Expectations on Mobile Payments By Julie Schieni 41% of millennials with insurance purchased it with their mobile device, and other generations are moving in that direction, too.
Are We Losing Our Negotiating Power? By Taylor Smith John Burge The plaintiff bar has investigated a staggering amount of money to improve its data on claims settlements. Insurance industry lawyers are way behind..
Continuous Improvement Comes to Insurance By Tom Bobrowski Process intelligence tools let operations leaders “see” digital products being built, enabling use of statistical process control techniques.