Going Digital

Future leaders will master the skill of harnessing data-driven insights to focus on prevention first, instead of indemnification.

AI can help insurance providers automate job scheduling and keep numerous requests organized so that downtime and unnecessary travel are eliminated.

Insurers need to prepare themselves and their technologies to bundle, expand, embed, partner, customize and flex to meet future market demands.

Small businesses often seek providers offering them the most affordable policy quickly and efficiently. Any delay, and they will likely go to a competitor. 

While several high-profile insurtechs have had a rough year in public market valuations, there are still many bright spots for startups in this marketplace.

The first round of insurtech appears to be over. The next round, in its formative stages, promises massive gains in efficiency, real-time quoting and binding, and more. 

A new survey from OneShield looks at some of the challenges the industry faces, and why the solutions may not be as out of reach as they seem.

Even with the macro-economic headwinds and other market challenges, every aspect of insurance is being redefined in the context of the future.