What is Insurtech?
Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model. Insurtech is a combination of words “insurance” and “technology,” inspired by the term fintech.
Source is Investopedia.com.
InsurTech Express focuses on insurance technology for Life Insurance, Annuities, and related lines of business such as Long Term Care Insurance. The objective is to be a technology and process improvement resource for the industry to benefit carriers, distributors, and solution providers.
COVID-19 Pandemic Drives Surge in Life Insurance Virtual Sales Meetings
Ensight, a leading life and annuity digital sales platform, today released the latest findings from its quarterly Trends Report which highlights a dramatic shift in life insurance interest due to the COVID-19 pandemic. As shelter-in-place orders forced life insurance agents to work from home, remote selling utilization increased by 155% in just eight weeks. Social distancing restrictions were among the biggest drivers of a transformation towards digital life insurance sales in more than 20 years.
Read more at: InsurTech Express Blog
LOMA Webinars Presented by LexisNexis Risk Solutions
ApplicInt’s End-to-End Digital Solution Accelerates the Drop Ticket Process
ApplicInt is an innovative technology leader with the only end-to-end digital solution that includes multi-carrier quoting, eApp, integrated call center platform and digital paramed.
The CallComplete solution snaps easily into any carrier’s call center. It has scripted reflexive interview questions for Part A and Part B. Also, CallComplete can be used remotely as a fulfillment process for ExpressComplete term ticket or any third party ticket platform.
Read Blog Post: ApplicInt’s End-to-End Digital Solution