Workers Compensation

Unlocking the Power of Pay-as-you-go for Workers’ Comp

April 1, 2023

Unlocking the Power of Pay-as-you-go for Workers’ Comp
In a study conducted by KPMG, 96% of insurance CEOs reported the pandemic accelerated digitization initiatives. COVID-19 forced businesses of all shapes and sizes (along with consumers) to embrace digitization.

Spotlight

Inspirien

At Inspirien, we offer your business more than just professional and general liability coverage. We consider ourselves a risk mitigation company, and that means our focus goes beyond simply covering claims. It’s the work we do together – the relationship that we build – that ultimately protects your business, and gives you the peace of mind in knowing that you and your team are safe. It’s the people around your Inspirien policy that make the difference. We deliver the vision, insight and service that make us a truly remarkable partner for whatever risk lies ahead.

OTHER WHITEPAPERS
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Running up that hill: How to win the 2030 insurance technology challenge

whitePaper | November 21, 2022

The pace of change, driven by data, innovation and evolving customer expectations is making it ever harder for insurers to identify the right technologies and innovation strategies that will future proof their businesses. Sapiens has leveraged its close ties with some of the industry’s most senior insurance insiders to get their thoughts, strategies and technology insights to answer this daunting question. The result is this practical, insightful and informed e-book that tackles the complex topic of future-proofing insurers to meet the technology challenge of 2030.

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Credit control optimisation: How insurance firms can increase profits

whitePaper | August 1, 2022

After enjoying healthy margins for several years, insurance organisations aren’t as profitable as they once were. McKinsey’s 2022 global insurance report finds that, after decades of stable returns, more than half of insurers now earn less than their cost of equity. Worldwide, around half of all listed insurance organisations have traded below book value over the past five years.

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CYBER INSURANCE 101

whitePaper | January 15, 2020

In this video, learn how a territory manager reviews agency performance in their region and looks at AI-powered performance predictions for leads and flags from a specific agency. Microsoft is helping insurance companies redefine how they do business by empowering them to engage more effectively with agencies, gain insights on agent performance, and leverage AI to improve interactions.

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A Simple Explanation of How AI Can Be Used in Insurance

whitePaper | August 1, 2022

As the saying goes, “practice makes perfect.” In other words, people learn from experience. According to the Oxford Dictionary, “regular exercise of an activity or skill is the way to become proficient in it, especially when encouraging someone to become persistent in it.” While practice cannot truly make someone perfect in any industry or activity, persistence does usually lead to increased proficiency, and seasoned practitioners typically outperform those who are just starting out.

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Digital claims - how can insurers best reap the benefits of digital claims for customers?

whitePaper | December 12, 2022

Digital claims processing offers significant benefits for both insurers and their customers. Based on this assumption, Post and PayPal held a roundtable to explore how the sector can keep up the momentum, and discuss what might be considered as a best-in-class experience for an online claims journey.

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Embedded insurance: Building customer-centric insurance distribution using APIs

whitePaper | November 14, 2022

We all know buying insurance is hardly a gratifying experience, especially when there are several policy options available in the market. Widespread digital innovation has made it convenient for consumers to connect with an infinite number of insurers, in different ways. This is wonderful, but it also means the selection and buying process has been extended and is getting overly complicated. A DIY approach of selling insurance through agents or just relying on website sales results only in spaghetti integrations. Insurers are working collaboratively with an ecosystem of partners to cater to underserved markets, gain access to new customer segments, and increase brand recognition as well as cross-selling opportunities while building a foundation for customer lifetime value.

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Spotlight

Inspirien

At Inspirien, we offer your business more than just professional and general liability coverage. We consider ourselves a risk mitigation company, and that means our focus goes beyond simply covering claims. It’s the work we do together – the relationship that we build – that ultimately protects your business, and gives you the peace of mind in knowing that you and your team are safe. It’s the people around your Inspirien policy that make the difference. We deliver the vision, insight and service that make us a truly remarkable partner for whatever risk lies ahead.

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