Insurers Going Digital: The Future of Insurance
Indeed, the internet and the evolving digital technologies has disrupted various industries including insurance’s traditional business model. Digital insurers must improve traditional insurance by using the online model on product design and services. The basic digitization of active insurance processes that allow quotes to go directly on processing could boost operating profit margins. Here are more reason why insurance companies must go digital for the protection of their own future. See also Flowchart: Should I Buy Insurance?