There has been a lot of discussion lately in the media and between agents about insurance technology and how big changes are coming to the insurance industry. Recently we have been focusing on insurance technology start-ups, their growth, and how they are affecting the current landscape. But what should agents, brokers and companies do about it?
Adopt technological innovations, of course.
Embracing technology will help agents, companies, and brokers to meet rising policyholder needs and expectations. There is a specific need for innovation in companies' IT infrastructure to improve the collection, storage, and use of data. Read on for specific technology that can be adopted by insurance professionals ready to compete with insurance technology companies hoping to disrupt the industry.