PRIVATE CLIENT SERVICES INSURANCE CONVERSATION STARTERS

February 28, 2019

Financial advisors often ask us about the right time to discuss insurance with their clients. The short answer is that there are two obvious opportunities: while onboarding a new client and during an annual financial review. But a longer, more useful answer is that there are many other moments when insurance can and generally should be raised. We’re referring to non-scheduled, informal conversations with clients when the talk is about what’s happening in their lives and with their families.

Spotlight

CRISIL Limited

CRISIL is a an agile and innovative, global analytics company driven by its mission of making markets function better. We are Indias foremost provider of ratings, data, research, analytics and solutions. A strong track record of growth, culture of innovation and global footprint sets us apart. We have delivered independent opinions, actionable insights, and efficient solutions to over 100,000 customers. CRISILs businesses operate from India, the US, the UK, Argentina, Poland, China, Hong Kong and Singapore.

OTHER WHITEPAPERS
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The role of wearables in private medical insurance

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Ever since the rollout of electronic devices capable of measuring and recording various types of health data, private medical insurers have been carefully eyeing the potential usage of these devices. This paper discusses the implementation and practical uses of wearable technology in the private medical insurance market.

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Lawyers Professional Liability Insurance

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Professional liability insurance can be an awkward topic for brokers, as it sometimes entails reminding accomplished professionals that they need protection from their mistakes. However, law firms understand the value of specialized expertise – especially when it comes to the coverage afforded by their own Lawyers Professional Liability Insurance.

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Multi-occupancy buildings insurance - broker remuneration

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Read the findings of the FCA’s multi-occupancy buildings insurance broker remuneration review, its conclusions and next steps. One of the findings in the broker market was evidence of some high commission rates and poor practices which were not consistent with driving fair value to the customer.

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Conversational AI in Insurance: Fostering the Trust Between Customer and Company

whitePaper | July 24, 2022

The insurance industry is often associated with complex processes such as claim settlement, hefty paperwork, tiring legal processes, and the responsibility to stay updated on the terms and conditions. This image is now changing as the leading insurance brands are putting forth innovative strategies to revamp the existing workflows and structures to amplify their business growth.

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Guidewire Testing Framework for Autonomous Testing

whitePaper | May 9, 2022

The pace of change driven by digital transformation is rapidly increasing as new generations of agile competitors emerge. Insurance businesses, too, are evolving to keep pace with the latest business trends and update their products and services.

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How different views on digital transformation impact customer experience

whitePaper | September 20, 2022

When it comes to major events that impact people, economies and environments, insurance is firmly on the frontline. In the last few years, the industry — traditionally slow to modernise — has been reinventing strategies and working models to meet the demands of the changing global landscape, from the pandemic to economic and political instability. Acceleration of digital transformation has become a priority because it directly impacts current strategic imperatives — customer focus, operational simplification, financial sustainability and innovation. But despite the drive for change, the same challenges that have historically held back insurance providers are yet to be overcome. Legacy systems, data and processes can be difficult and expensive to modernise, and bringing in new technologies to solve these issues can create more problems when they are layered on top of the old.

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Spotlight

CRISIL Limited

CRISIL is a an agile and innovative, global analytics company driven by its mission of making markets function better. We are Indias foremost provider of ratings, data, research, analytics and solutions. A strong track record of growth, culture of innovation and global footprint sets us apart. We have delivered independent opinions, actionable insights, and efficient solutions to over 100,000 customers. CRISILs businesses operate from India, the US, the UK, Argentina, Poland, China, Hong Kong and Singapore.

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