Today’s customers demand simplicity and want to have problem solutions right away, for every industry being urged to embrace digitalization opportunities. What does it mean for the insurance sector? McKinsey’s research predicts that only those insurance companies that will move swiftly, face and enable digitization, meeting consumer needs, will flourish. Read more…
The embedded insurance provides a comprehensive integration of the insurance, bundling the coverage of a product or service, enhancing customers feeling of trust, protection, and safety. Integrated insurance solutions, specifically shared-economy platforms, retailers, and bancassurance platforms focused on B2C´s experience, can increase revenue by ten percent, and enhance customer lifecycle. Read more…
The pandemic outbreak has elevated the significant changes in society and impacted almost every industry across the globe. As a result, the COVID-19 crisis has instantly shifted consumer needs and expectations, leaving challenges and new opportunities for businesses, starting to embrace and adapting to the “new normal.” The insurance sector Read more…
With the fast-paced changes in customer behavior, increased banking via smartphones, divergent user needs, and demands flag the right time for developing new partnerships for both banking and insurance industries. Without any doubt, the partnerships could provide and demonstrate new possibilities and benefits for the insurance and banking industries, not Read more…
Thanks to technological developments, our society has been going through significant changes over the past few years. Changes, that are also impacting consumer expectations. People want easy access to all kinds of services and products, preferably directly on their smartphones. It is no longer the product itself that plays the Read more…