Technology is changing the way small businesses manage their operations, and insurance agencies technology updates are no exception. Insurance carriers and underwriters are investing in more technology to assess risk, create new actuarial algorithms, and develop new types and categories of insurance to meet customers’ changing needs. To stay competitive, insurance agencies have to invest in new technology. However, as with any small business, the challenge is knowing where they will get the most return from their technology investment. Read More >
Customer records serve as the foundation of the insurance industry. Whether it’s life insurance, auto insurance, homeowners or medical insurance, having accurate and secure data is critical. Insurance CSOs lose a lot of sleep worrying about how to protect customer records. By necessity, insurance records have to be more comprehensive with more personal, sensitive information, and the insurance industry is heavily regulated, which means protecting customer records is a primary concern. Read More >
The insurance industry is incredibly competitive. Insurance companies are vying for new personal and corporate customers by offering better service at more attractive rates, staying competitive requires a strong technical infrastructure to keep the company running. By having a better understanding on how IT helps drive business, insurance companies will find themselves in a better position to compete. Read More >
