Going Digital

The U.S. market value for embedded insurance was $5 billion in 2020 and is projected to rise to more than $70 billion in 2025.

Self-service automation is the next step in the insurance industry. The right solution can be a win-win for insurers and customers, while the wrong solution can irritate customers and ruin a carrier’s reputation.

In this webinar from Equisoft, learn how taking a Greenfield approach as a first step in policy administration system modernization can reduce risk, accelerate innovation and help carriers stay ahead of the digital transformation curve.

The coming year will likely present a lot of opportunities for big carriers to buy whatever they’re interested in.

To help industry players orient themselves, compete more effectively and better serve customers in an increasingly volatile world, here are trends to watch for. 

Technology will allow carriers to develop new products with greater efficiency, speed and economy than ever before.

While digitization in insurance is moving in the right direction, it's worth understanding the full lifecycle of failure so we can learn from and avoid the mistakes others have made.

The real opportunity requires introducing insurance at the point-of-design, rather than making it a bolt-on at the point-of-sale.