Reinventing Insurance Distribution

In an industry facing multiple disruptive forces including technological, regulatory and competitive pressures rethinking finance as a strategic function can help insurers reduce costs, report faster and extract more value commercialization of their data. In this crossover interview, Paolo Rubano, Finance Transformation Director at Generali, shares his perspective on the evolution of the insurance industry and how the finance function is responding to it. He explains in particular the role of Finance in this journey to allow a greater impact.

Insurance prices have changed, but your budget likely hasn’t. Should you raise your retention? Can you go forward with lower limits? Watch this on-demand webinar to learn how you can use data and analytics as essential decision support when evaluating limits, retentions, and more for D&O and Property coverages.

Apart from claims already losing insurers’ money, claims fraud is estimated to cost the insurance industry over US$80 billion let alone in the United States. According to a McKinsey report, by 2025, claims are estimated to be automated by 50% using AI and Machine Learning techniques. Additionally, a report from DASH estimates AI can save the industry up to US$40 billion in fraud reduction - annually, to this date.

Invest in building a better relationship with your clients and prospects. Go a step ahead, by sending them digitally handcrafted postcards! Bring a smile on their face, make their occasions memorable and most importantly make them feel special! Moreover you can also use these postcards for Insurance Email Marketing which can act as a great sales tool for Insurance business. Know the small tits and bits of customer relationship management with InsuredMine. Do you know as per recent studies, the most effective communication is a handwritten message or a postcard. It’s time to try it for your customers. That is why InsuredMine has integrated with Thanks.io for providing this privilege to our users, so that they can send personalized digitally hand-written cards to their customers. Know more about this latest integrations from Raution Jaiswal, Cofounder InsuredMine and Shane Ryser ,Director of Training Thanks.io