Historically, the insurance industry has been known as more traditional and outdated when it comes to technology. However, with the covid pandemic, the rise of insurtech tools, and a more tech-savvy employee and customer base, insurance companies are adopting new ways of doing business. According to a McKinsey report, venture
Your cash flow depends on prompt client payment. Ultimately, speeding up receivables hinges on changing client behavior. Today I’ll share five tips to get paid faster, and how ePayPolicy can help. Accepting digital payments is a giant first step. But I want to make sure you’re aware of all the
A lot of people seem to have the misconception that implementing a digital payment option for their business is a big undertaking. In reality, not only can the process be easy, but it can also greatly enhance the customer experience. More and more consumers now have the expectation of being
As the world becomes more and more digital, online payments have become the norm–even in the insurance world. However, with the convenience of online transactions come risks. It’s important for organizations to ensure that their card transactions are secure and compliant with industry standards. When asked about data security standards
For the insurance industry, 2022 was a mixture of positive and negative events. On one side, premiums increased for both personal and business insurance, largely due to rising interest rates, geopolitical crises, and natural disasters. On the other hand, many insurance organizations made innovative changes to differentiate themselves and stay
The U.S. is now experiencing soaring inflation, supply chain disruptions and geopolitical crises — indicators that the economy is heading for a recession. What can insurance companies do to prepare?
The U.S. is now experiencing soaring inflation, supply chain disruptions and geopolitical crises — indicators that the economy is heading for a recession. What can insurance companies do to prepare?
The last decade has brought major technology changes for the insurance industry, and behaviors have changed in an industry that was previously labeled “old-fashioned.” Insurance companies are investing in tools to stay efficient, competitive, and modern. In this blog, we’re outlining four categories that have seen an increase in investment,
This article was written by Joel Zwicker, Evangelist, Agency Revolution
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