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Investors are sharpening their focus on digital marketplaces that generate business for incumbent carriers. Building a successful marketplace in insurance is far from trivial – significant friction exists, and a critical mass is needed for the network effects to be valuable to participants. On the one hand, owning the customer relationship is crucial. On the […]
The post Digital Distribution On New-Age Insurance Exchanges appeared first on Daily Fintech.
Globally, insurers contend with numerous distribution challenges — whether it is by virtue of the shift to remote sales networks or from balancing tech-assisted and human sales. Artificial intelligence (AI) is known to create seamless and personalized experiences with solutions ranging from lead prioritization to automated underwriting. Evidently, the most impact from AI, with as […]
The post Is AI “Pie In the Sky” For Insurance Distribution? appeared first on Daily Fintech.