A 3-Step Guide to Insurance Transformation

| March 2, 2020

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The insurance industry is operating in an age of radical disruption. Traditional insurers are no longer safe, with insurtechs challenging incumbents to rethink their business and operating models. The diversification of product offerings and ever-growing price competitiveness mean that customer expectations are changing faster than ever before.

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SPIXII

We design white-label chatbot technology to help insurers protect and engage their customers. Designed for the regulation of tomorrow and the demands of today, Spixii provides unprecedented amounts of data based on customer interaction. AI and machine learning rapidly analyses this data to provide you with rich customer insights, which you can use to personalise your customer experience.

OTHER ARTICLES

What is Fiduciary Liability in Business?

Article | March 2, 2020

Fiduciary liability coverage, also known as management liability insurance, was formed to protect businesses against costly claims that are born out of a breach in fiduciary duty. This policy, in essence, protects employers against liabilities for managing employee benefits. For businesses carrying management liability insurance, it’s important to look at how this kind of coverage breaks down to provide comprehensive protection and what kinds of liabilities businesses are up against. Here’s a better look.

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Online Business Insurance & Why It Matters for Entrepreneurs

Article | March 2, 2020

If you’re a new online entrepreneur, I’m sure you’ve realized how much there is to read up on and prepare for when it comes to being ready to successfully run a business on your own. One of those big things that so many people overlook are the different types of insurance you need to make sure you’re protected in all circumstances as a business owner.

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What is the Expense Ratio for an Insurance Company?

Article | March 2, 2020

Providing financial security to its consumers is the ultimate aim of an insurance company. However, sustaining its own capability to finance its customers becomes its priority. To measure the financial sustainability, insurance companies use various different methods and techniques. Among them, the Expense Ratio serves as the ideal measure providing clarity on the logistics. Signifying the efficiency of an insurance company and measuring its profitability, the expense ratio gives a clearer picture of the financial aspects of the company.

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6 insurtech predictions for the 2020s

Article | March 2, 2020

The insurtech movement has been underway for the better part of a decade. Now that we have entered the 2020s, it might be worth exploring what could be on the horizon for insurtech over the next ten years. Insurtech has evolved from its origins in the early part of the last decade (as an offshoot of the FinTech movement) and quickly gained momentum over the last few years to experience a strong close in 2019.

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Spotlight

SPIXII

We design white-label chatbot technology to help insurers protect and engage their customers. Designed for the regulation of tomorrow and the demands of today, Spixii provides unprecedented amounts of data based on customer interaction. AI and machine learning rapidly analyses this data to provide you with rich customer insights, which you can use to personalise your customer experience.

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