Oct.26, 2020 – By Stephen Applebaum & Vincent Romans – The Personal and Commercial Property claims process has traditionally lagged well behind other segments of P&C insurance in the adoption of technology and innovation.That officially ended in 2020, ironically aided in part by the effects of a global pandemic that changed virtually everything about life and business as we knew it.
Understanding the factors behind the historical lack of innovation in property claims provides good insights into why and how this segment is suddenly undergoing such rapid transformation.
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Publisher: Insurance Canada
Publisher: Insurance Canada
