We regularly focus on the benefits of technology to the insurance market, this week we want to ask a different question; “could insurance products eventually be modeled on the software as a service and cloud computing models?” Software as a Service The days of buying applications on disk and then installing them and then rebuying…
Electronic Signatures – Time for Insurance Brokers to Put Away their Pens? Insurance brokers looking to cut down on their overhead and make things easier for their customers are going to have to start accepting e-signatures. By allowing your customers to make binding agreements without the need for a physical signature you should be able…
The insurance sector may be a little slow on the uptake of new technology at times but as with all other businesses in the UK there’s been a distinct move to mobile platforms over the last few years. However, as with all technology implementations there’s a risk to the business and it’s possible that these…
We’re real advocates of technology that provides a competitive edge for insurance brokers and whilst we may not always be convinced by every technology; occasionally we find a real winner. Our clever cousins across the Atlantic have been refining the way that the car insurance market operates. RSA spoke to their clients and asked them…
Insurance technology project planning can often lead to developing a range of plans for different technologies at the same time. Then when it comes to implementation there’s a necessary recognition that you only have so much resource to deploy and that some of your plans might need to sit around for a while until you…
We often look at technology as a driver for enhancing your overall approach to insurance business here at RiskHeads; today we’d like to look at a technology that may soon change the way automotive insurance works forever. Driverless cars might sound like something from science-fiction but they’re not as far away as many people might…
We’ve been extolling the virtues of electronic devices as a means of collecting risk data recently. We’ve looked at some of the more sensible options like Jawbone Up and this week we’d like to take a look at another new product – one that we’re not so certain will produce major benefits at the moment….
We’re always impressed by the facility that technology offers the average man on the street. The question we’re often left with however, is; “how can this help the insurance business?” We’ve been looking at ways of reducing your overhead whilst increasing profitability through technology. Insurance Brokers and Mobility This may leave some readers disappointed but…
