Aug.23, 2021 – By Stephen Applebaum & Alan Demers – Insurance is, at its core, five things; underwriting and pricing risk, selling and distribution, claims adjudication, servicing and finally, investment management. Of course, there are hundreds of other skills and important areas of the business but these are the five central pillars of any insurance company.Technologies are emerging which enable omnipresent, real-time connectivity between the people and businesses being insured and their insurers, and that is fundamentally changing the business of insurance.
Here’s how.
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