How P&C Insurers Can Compete and Win The Customer of the Future

Don‘t miss us at the Brazil InsurTech virtual event from Oct 19-20. As a major InsurTech event in Latin America, this event is a platform to showcase solutions and startups that foster industry innovations and growth and increase industry's financial and operational efficiency. The InsureMO LATAM team - Rafael Cecchini Rodrigues, Rodrigo Poppi, and Weliton Costa are looking forward to meeting with you at our virtual booth where the team will share some latest updates from our PaaS and SaaS solutions.

In an increasingly fluid labor market, insurers face an unprecedented challenge: Maintaining and maximizing intellectual capital in light of employee attrition. Intellectual capital is the value of a company’s employee knowledge, skills, and training that creates competitive advantages and can help drive profit. Business planning and strategic goals can be put in jeopardy when insurers try to confront today’s market issues with no controls or established processes for the capture and retention of intellectual capital. This problem is particularly difficult for insurers due to the intricate nature of product development and maintenance.

Are you considering a change in your business model? Perhaps expanding your reach by transitioning to a direct bill model through insurance to your clients and patients in lieu of or in addition to selling through distributors? Some of the fastest growing Medical Device and Remote Patient Monitoring organizations have made this change. Learn about the considerations, strategies, and visibility you need to make this transition successful and accelerate your adoption and revenue growth.

Customers are looking for simple, straightforward processing of small commercial applications. Automated underwriting can help insurers get ahead in the “Race to Zero”— the point where applicants have no further questions to answer when they come to you for coverage except their business name and address. For effective automated underwriting, insurers must master the intersection of data, analytics, workflow, and technology.