Insurers are realizing that technology is part of their value proposition. In fact, over 80% of insurance executives say that their technology strategy and business strategy are aligned. These companies are leveraging artificial intelligence, automation, and cloud technology. Meanwhile, heritage insurance businesses are laden with decades of technology debt and outdated operating models. Here are some tips for ensuring a successful Insurance and Tech. To get started, simply follow the steps below:
Insurers are also making use of unmanned drones to help assess risks. By the year 2021, more carriers will deploy drones across the insurance lifecycle. Kespry drones perform roof inspections and transmit data to the cloud for analysis. The technology is proving to be an invaluable asset for insurance providers, and this trend will continue to expand in the coming years. If it continues to develop, more companies and insurers will surely take advantage of it.
The digital revolution has impacted the insurance industry. To remain competitive, companies must use new technologies to stay ahead. Salesforce enables insurance companies to automate every stage of the customer's journey. Salesforce can help insurance companies at every step of the journey, from giving support agents a 360-degree view of the customer, to risk assessment on a fully automated platform, and matching them with distribution partners that fit their unique needs. These innovations are transforming the way insurance companies operate.
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