Let us look honestly at our future direction. The Digital Revolution Is Already Happening The insurance industry is already undergoing digital transformation; it is not simply a catchphrase. Nowadays, a lot of insurers provide: Online quotes and purchases for policies AI and chatbots for customer service Filing claims on a mobile device Tools for digital …
The primary factors influencing these changes—the growing amount of data being collected and used, as well as technology developments that make it possible to link this data to insurance products—will continue to influence how customers look for insurance. These developments are becoming essential to the future of insurance, regardless of whether people decide to work …
1.Should Bordereaux Be Buried Now? Excel’s Battle and Blueprint Two The industry is experiencing a surge of anxiety as Lloyd’s market approaches the implementation of Blueprint Two, particularly in relation to the continued widespread use of Excel-based Bordereaux management. These intricate, manually maintained spreadsheets have served as the link between brokers, underwriters, and coverholders for …