In these austere times, we understand the general reticence about investing in new technology. After all, it can be perceived as a potentially expensive outlay. Especially when the legacy technology you’ve got installed has served you so well for so long. We get the fact that you probably need convincing that the outlay is worth…
There’s a growing focus on improving technology in insurance. Though it’s worth noting that this focus is not achieving dramatic results as demonstrated by the rant from Mark Wilson of Aviva this week which compared insurance tech in the UK to the Stone Age. However, despite slow progress there are clear efforts to improve the…
If you want to know if your investment in IT is making the best impact on your brokerage; here’s our step-by-step checklist to see if you’re really getting the most from your digital investments. 1. Is IT automatically involved in marketing ideas? It may seem a bit strange but if marketing decides that a new…
The world has changed dramatically over the last 50 years. Technology has driven consumer choice and changes in the way people buy products and interact with their vendors. Insurance brokers are being dragged into a digital age whether they like it or not. People want to be able to access their service providers from their…
Insurance, like nearly every industry, has its giants. They hold a dominant share of customer spending and at times the smaller broker must despair of their chances against these titans. They can spend more on advertising, more on marketing and reach more potential clients and as their market share rises – they can do this…
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…
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…
The broking game is definitely less fun than it used to be eh? Lower premium leads to more customers, more customers leads to less time and less time leads to you running around like a headless chicken. I’d imagine you’re spending no time with your friends and family and probably working yourself into an early…
