Insurance businesses, irrespective of their type or size, are slowly yet steadily turning to policy management software. The right policy software can automate workflows, combat challenges, and drive productivity. However, what does the software do and how does it benefit insurers? This article shall outline everything you need to know…

Technological advancements have rapidly transformed how businesses operate. Emerging insurance tech trends are disrupting how customers behave, what they expect from the insurers, and how insurance businesses function. Presently, insurance technology is helping both customers and insurers. It allows insurers to improve efficiency, foster collaboration, make more sales, reduce risks…

Loyal customers and advocates form the backbone of any successful insurance agency. For a start, a 5% increase in retention can bump up profits by 25%. Plus, retaining a customer is 5x to 25x cheaper than acquiring a new one! As businesses realize this fact, they are now hyper-focused on…

As the options for the best CRM software for insurance agents become ever-expansive, making a choice amongst them can be an overwhelming task. After all, every business has intrinsic needs that are niche to their operations. Accordingly, the insurance CRM software must also shape up in line with the business…

Insurance technology has gained a strong foothold in the industry, and with good reasons. The maturity of technologies such as Machine Learning, Artificial Intelligence, and analytics has profoundly changed how insurance businesses work. The developments of these technologies can drive significant outcomes for insurance businesses, such as enhancing customer experience…

In the modern business world, personalization has become the major driver for customer retention. In an industry like insurance where all companies offer similar services, agencies that manage to offer personalization gain a competitive edge. With personalized marketing, agencies can make the customers feel special and valued. …

Claims handling is a crucial aspect of all insurance businesses. It defines the moment of truth in non-life insurance customer relationships. For retaining and growing market share improving customer retention, insurance businesses must focus on improving the claims experience of clients. By leveraging insurance claims management software, agencies can streamline…

Managing insurance brokers is not an easy feat. It requires a lot of effort on part of insurance agencies. Moreover, to facilitate transparency and improved productivity, businesses must equip the brokers with efficient technologies and modern solutions. The best insurance broker software can help agencies gain a competitive edge and…

Streamlining routine and repetitive business processes can have a significant impact on productivity, employee engagement, profitability, and more. Taking such voluminous, manual tasks off the to-do list of the employees is crucial for overall organizational productivity. Insurance agency software cannot just automate some of these workflows, but it can also…