HOW DIGITIZATION IS TRANSFORMING INSURANCE EXPERIENCE

SRIDEVI TALLURI | January 23, 2018

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It is next to impossible to find an industry that technology has not penetrated. Especially with the insurance industry, gone are the days of making appointments with the insurance agents, negotiating in person on the price, or making frequent trips to pay your premiums. With digitization, the click of a few buttons brings everything to your fingertips through downloading an app or logging into a website. Transacting online has become the norm today for most people.  The Insurance sector, in particular, has benefited from this dramatic shift to digitization in incredible ways and it will only continue to increase as mentioned by Mark Breading (SMA). This amalgamation of insurance and technology is what we call Insurtech.

Spotlight

Crump Life Insurance Services

Crump Life Insurance Services is a leading independent wholesale distributor of insurance, linking a US network of 200,000+ financial services professionals with products manufactured by about 100+ highly rated insurance companies. Crump is a subsidiary of BB&T Insurance, the fifth largest distributor of insurance products in the U.S. and the sixth largest internationally.

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