MAKING INSURANCE SIMPLE THE DIGITAL WAY

 

With the increased innovative capabilities and new business models, the InsurTech market is rapidly growing, disrupting traditional insurance-buying with digital platforms providing simple, customer-focused insurance buying experiences.

Digital platforms increase market transparency, customer choice, and ease of doing business by educating customers through a simpler quoting process and comparing offers matching customers' needs to personalized insurance proposals. In addition, agents are looking for efficiencies in submitting an insurance application to multiple insurance carriers to generate a quote.

Insurers and insurance agencies are embracing these innovative technologies and customer-centric business models as they recognize that customers have higher expectations with their digital insurance buying experience.

New and disruptive providers like RaisinBread enable the insurance industry to deliver improved customer experiences while optimizing business processes to facilitate the customer’s digital journey.

The importance of digital quoting platforms is increasing with the rapid adoption of new technologies and business models in response to customers' digital expectations with the buying and servicing of their insurance. In addition, new digital quote platform capabilities built on artificial intelligence, big data analytics, and cloud computing enable a broader advisory service for carriers and customers in preventing, mitigating, and managing risks.

RaisinBread is a full-service digital insurance provider. To learn more about our services, agent sign up, or to obtain a quote, visit our website at www.myraisinbread.com.

 
Doreen Reinke