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How to Use Time Saved, Thanks to Insurance Software (Part 2)
We will take a closer look at how Insurers and MGAs can use the time saved, thanks to insurance software. Don’t forget to also check out our previous post, where we already suggested some ideas, such as designing and delivering better and personalised insurance products, entering new markets, as well as developing new distribution channels […]
First Insurance and Lenders Launch an Income Protection Product with Insly
First Insurance Baltics and Lenders have launched an innovative income protection insurance product in Lithuania. An insurance product like this has never been available for Lithuanian customers before. To be able to launch income protection insurance quickly and smoothly, they needed insurance software that would be flexible, easy to use and integrate into both companies’ […]
No-Code Software: Quick Product Launch and Changes
[vc_row css=”.vc_custom_1620825681921{margin-right: 10% !important;margin-left: 10% !important;}”][vc_column][vc_column_text] As the insurance market is experiencing the digital revolution and customers are more and more demanding online, insurers and MGAs have no other way than to adapt. The main questions at their hands are how to launch new products quickly and implement changes fast and conveniently. Market Shift Towards […]
How Insurers and MGAs Can Achieve Efficiency in Ecosystems
[vc_row css=”.vc_custom_1617260720938{padding-right: 10% !important;padding-left: 10% !important;}”][vc_column][vc_column_text] To participate successfully in ecosystems, insurers must often change the way they think about customers and give up industry borders. In fact, sectors like B2B services, mobility, travel and hospitality, health, and housing are expected to grow into ecosystems and add up to $60 trillion integrated network economy by […]
The Global Digitalisation of Insurance Industry Is Backed by Insurers and MGAs
[vc_row css=”.vc_custom_1615376917720{margin-bottom: 5% !important;}”][vc_column][vc_column_text css=”.vc_custom_1615335827004{padding-right: 10% !important;padding-left: 10% !important;}”] COVID-19 has had negative implications on capital availability among half of insurers and MGAs. This means tougher competition, struggling and a hardening marketplace, especially for those who don’t have enough funds or don’t add business value. How will COVID-19 impact capital availability? Source:Clyde&Co, 2020 Also, setting up a new […]
