FlexRule’s Post

#Blog | Are you still managing claims and policies the old-fashioned way in your P&C insurance business? In today's dynamic market, clinging to manual processes can slow you down. Hyperautomation in the P&C insurance industry is revolutionizing how insurers operate, from claims processing to compliance. The benefits are significant: from slashing processing times by 40% to enhancing customer satisfaction and improving accuracy. But what about the challenges such as integrating new technologies with old systems or the upfront investment? Read our latest blog to learn how Hyperautomation can transform your operations, addressing both the opportunities and obstacles. https://lnkd.in/g_utJkfK #hyperautomation #insurance #pandcinsurance #propertyandcasualtyinsurance #futureofinsurance #testingxperts #tx

The Power of Digital for transforming Agent-Carrier Relationships! Nearly two-thirds—yes, you heard that right—of P&C insurance business is placed by independent agents. And with commercial lines, we're talking up to 87%! When these agents decide where to place their business, they seriously consider how responsive the carriers are. Are they easy to deal with? Does the overall quality of their agent experience stand out? Having digital tools that could transform the interaction between agents and carriers is paramount. It’s more than just sending fewer emails and making fewer calls to underwriting and support. It's about working more efficiently, saving costs, and, most importantly, keeping agents upbeat and loyal to the carriers. Isn't it a good prospect? A win-win-win situation that sits right at the intersection of cutting-edge digital tools and traditional agent-carrier relationships. Ready to unlock this alliance's full potential? Let's create a better digital-first experience today and pave the way for a game-changing tomorrow. Don't just stand by; be the change! #insurance #digitaltransformation #gbh #insurtech https://lnkd.in/ghMz6puj

How did a leading insurer generate a 20% improvement in the efficiency of processing new business? A newly developed platform for underwriters and brokers has allowed them to achieve remarkable outcomes: supporting the rollout of over 60 new products across 10 countries, improving straight-through processing efficiency, and reducing operational staff needs. Interested in learning more? Explore our latest case study and see how the company achieved all of that and much more. 👉 https://ow.ly/R5Te50SoSFw #Propertyandcasualty #insurance #underwriting #GenerativeAI #clientstory

Read this informative blog to explore five key trends shaping the future of #underwriting. #AI #ArtificialIntelligence #Insurance #TechBlog #InsureTech #TechTrends

Rapid digital transformation has unlocked a number of opportunities for small and mid-sized insurance businesses. Read this blog to explore the tech-powered underwriting trends that are slated to transform the industry 👉 https://lnkd.in/gVS4Rfg8 #insurancebusiness #insuranceindustry #insurancetech #insurancetechnology #insurancesoftware #insurancesolutions #insurtech #underwritingtrends #smallmidsizedbusiness #digitaltransformation

How did a leading insurer generate a 20% improvement in the efficiency of processing new business? A newly developed platform for underwriters and brokers has allowed them to achieve remarkable outcomes: supporting the rollout of over 60 new products across 10 countries, improving straight-through processing efficiency, and reducing operational staff needs. Interested in learning more? Explore our latest case study and see how the company achieved all of that and much more. 👉 https://ow.ly/R5Te50SoSFw #Propertyandcasualty #insurance #underwriting #GenerativeAI #clientstory

Underwriting is crucial in insurance, and it's evolving fast thanks to technology! Our latest blog explores five key trends that are shaping the future of underwriting, making it faster, more accurate, and more efficient. Discover how these innovations are revolutionizing underwriting and driving the insurance industry forward. https://hubs.ly/Q02sX1d50 #Insurance #InsurTech #Innovation #FutureOfInsurance

⏬🆕 Stay ahead of #InsuranceIndustry shifts, with "Critical Information for P/C Carrier Executives", from @CarrierManagement: 2025 Predictions: Tech and UBI Growth, 5 Carriers to Exit Auto Market It’s expected that in 2025, rising claims costs will continue to push insurance rates higher, frustrating customers and forcing insurers to customize products, according to a new report by global market research company Forrester. Embedded insurance will grow by at least 30 percent, predominantly in personal lines, the market researcher said, with 32 percent of … Continued #PCInsurance #InsurTech #PropertyInsurance #PublicAdjusters #PropertyClaims #InsuranceIndustryNews #InsuranceNews https://vist.ly/3mk4hwp

Empowering Underwriting Excellence: Convr AI's ROI Calculator Revolutionizes Insurance Operations #AI #artificialintelligence #businessperformance #commercialinsurance #ConvrAI #Insurance #IntakeAI #llm #machinelearning #Revenuegrowth #Risk360AI #ROIcalculator #submissionprocessingtime #underwritingleaders

With the digital revolution reshaping customer expectations and operational efficiencies, empowering insurance agents with digital tools has become crucial. These tools not only enhance the distribution capabilities of agents but also improve their ability to serve customers more effectively and efficiently. #blog #insurance #digitaltransformation