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Blog
Top 16 digital transformation trends in insurance in 2023
2023 is going to be a big year for digital transformation projects in the insurance industry. Check out this list of the top 16 trends that will shape the future of insurance!
Boosting customer retention: digital data collection in financial loyalty programs
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Let’s explore how leveraging digital data collection can help financial institutions optimize their loyalty programs, ensuring better customer retention and long-term growth.
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May 30, 2023
Microinsurance revolution: expanding access to insurance services through digital data collection and technology
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Microinsurance utilizes digital data collection and technology to make it easier for people to access insurance services
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5 minutes
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May 25, 2023
Personalizing insurance policies: how digital data collection empowers customized coverage
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Digital data collection helps insurers create personalized insurance policies that meet customer expectations and give insurers a competitive edge.
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5 minutes
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May 24, 2023
Reducing friction in lending and accelerating loan approvals with digital data collection
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Any institution interested in reducing friction in lending and accelerating loan approvals has to adopt digital data collection as a first step.
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May 22, 2023
Improving customer experience in commercial insurance with streamlined digital workflows
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Explore how digital workflows revolutionize customer experience in commercial insurance, boosting satisfaction and engagement.
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7 minutes
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May 18, 2023
The value of ecosystems and integrations in the insurance industry
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Learn how to stay ahead of the competition in insurance with ecosystem integration. Adapt to customer needs, leverage technology, and differentiate yourself for a competitive edge.
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4 minutes
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May 16, 2023
Unleashing the power of real-time data sharing: 5 benefits for commercial insurance
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Real-time data sharing enables greater efficiency and accuracy in the commercial lines insurance data collection process, reducing the complexities associated with manual communication and data entr
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5 minutes
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May 15, 2023
[Webinar] Commercial insurance in 2024 and beyond: priorities, technologies, and challenges
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Explore the future of the commercial insurance sector with our on-demand webinar where we delve into 2024's top priorities, emerging technologies, and key challenges in the industry.
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5 minutes
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May 9, 2023
Transforming Quote-to-Bind ratios in P&C insurance through digital data collection
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Uncover the power of digital data collection in enhancing Quote-to-Bind ratios in P&C insurance. Drive process efficiency and customer delight with technology.
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5 minutes
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May 8, 2023
20 crucial KPIs for insurance customer experience improved by digital data collection
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Discover 10 KPIs to gauge the success of insurers' digital data initiatives aimed at enhancing customer experience. Measure, improve & thrive!
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6 minutes
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May 4, 2023
How technology is transforming retail banking: self-service dispute resolution
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Uncover the ways technology is reshaping retail banking through self-service dispute resolution, enhancing customer experiences, and streamlining operations for greater efficiency.
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5 minutes
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May 2, 2023
Insurance agency of the future: emerging trends shaping the industry
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Apr 28, 2023
Digital data collection in mortgage underwriting: the future is now
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Discover the influence of digital data collection on mortgage underwriting, exploring its advantages, obstacles, and potential future developments.
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5 minutes
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Apr 20, 2023
7 tips on streamlining communications between carriers and insurance producers
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Learn 7 practical tips to streamline communication between carriers and insurance producers, including prioritizing timely responses and utilizing technology.
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Apr 19, 2023
Collaboration and communication in commercial insurance: the key to successful digital transformation
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Data silos can be a major roadblock to digital transformation in commercial insurance. The lack of real-time sync between core and secondary systems leads to gaps in the understanding of customer data and misalignments between different teams.
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5 minutes
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Apr 18, 2023
10 reasons why credit unions should consider no-code tools
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No-code tools can be a gamechanger for credit unions. We’ve put together a list of the top ten reasons credit unions should consider using no-code tools.
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5 minutes
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Apr 13, 2023
7 banking call center technology trends in 2023
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Digitizing customer data collection is an important first step to taking advantage of new technologies in the call center
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4 minutes
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Apr 12, 2023
5 ways digital transformation is revolutionizing insurance claims processing
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Digital data collection is a key element of the digital claims submission process and provides several significant benefits to insurers and customers.
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Apr 12, 2023
Exposed: 7 ways email document sharing is putting your organization at risk
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To ensure data security and maintain compliance, financial institutions need to upgrade their document exchange process to a secure digital platform.
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4 minutes
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Apr 6, 2023
Disruptive technologies in commercial insurance: how no-code and digital data collection are changing the game
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To keep up with customer demands, commercial lines insurers are shifting their focus away from the conventional "one-size-fits-all" policies and instead are providing customers with customized coverage based on individual requirements.
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5 minutes
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Apr 4, 2023
The state of commercial insurance 2023: trends and predictions for the future
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Commercial insurance is likely to face a radical transformation in the near future as changes in technology and regulation continue to reshape the way businesses select and purchase policies.
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5 minutes
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Mar 30, 2023
From paper to pixels: the benefits and challenges of digitizing underwriting processes
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Digital underwriting is faster, more accurate, and more efficient than underwriting processes with manual touchpoints.
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6 minutes
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Mar 29, 2023
Top credit union trends and priorities shaping the financial landscape in 2023
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Explore the top trends and priorities for credit unions in 2023, including digital transformation, member engagement, data analytics, and integration
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5 minutes
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Mar 28, 2023
The future of insurance distribution: how automation and AI are changing the landscape for insurance agents
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We are in the midst of the AI-revolution. AI-powered tools and platforms provide a range of capabilities, from automated customer service to predictive analytics. With these tools, agents can gain better insights into their customers’ needs and preferences to deliver personalized services.
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5 minutes
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Mar 27, 2023
The human touch in the digital world: balancing automation with personalization in insurance
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Automation is an effective tool for streamlining processes, reducing costs, and improving customer experience. But automation on its own cannot deliver a truly outstanding customer experience.
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6 minutes
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Mar 20, 2023
The benefits of no-code development: how credit unions can catch up with digital leaders
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No-code development offers several benefits for credit unions — from faster, cost-effective development to personalized experiences and scalability.
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4 minutes
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Mar 17, 2023
Digital as an enabler, not a disruptor, of the agent/broker distribution model in insurance
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By leveraging digital technologies to their fullest potential, agencies can continue to offer superior customer service while modernizing the agency distribution model in insurance.
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6 minutes
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Mar 16, 2023
Simplifying commercial lines submissions: a case study
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For agencies operating in multiple states, commercial multi-state submissions can be a real challenge to stay on top of ever-changing compliance requirements. Here is how BTIS solved this challenge with digital data intake.
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6 minutes
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Mar 10, 2023
5 obstacles to digital transformation in credit unions and how to overcome them
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iI you want to keep up with expectations of your members, it's time to start thinking about transforming your credit union digitally.
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Mar 9, 2023
8 strategies for auto lending businesses to increase loan volume and minimize risk
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Here are some strategies that auto lending businesses can consider to increase loan volume while minimizing risk
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6 minutes
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Mar 7, 2023
How credit unions can leverage digital data collection to improve member experience and drive growth
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One powerful way credit unions can improve member experience and drive growth is by leveraging digital data collection.
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Mar 6, 2023
The future of agent-assisted interactions in banking
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Digital data intake journeys are the future of agent-assisted interactions in banking. They are more user-friendly, efficient, and accurate than traditional data collection methods.
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5 minutes
eBook
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Digital Transformation in Underwriting: Streamlining and Improving Efficiency