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The bar continues to get higher for insurance customer digital expectations.
Direct premiums written in the P&C industry are anticipated to see their highest growth in 18 years.
Automation can do more than speed up claims. It can also help build stronger bonds with injured workers.
While the pandemic accelerated the industry's digital adoption, panelists at Reuters' Future of Insurance say this is just the beginning.
Emerging industries, rapid lifestyle changes and unpredictable weather have all contributed to hardening market conditions.
A new report from USI provides a look at the current market conditions across six P&C product lines.
Insurers that are responsive in their underwriting will attract the best business from their agents.
Automation can speed up processes and free up employees, but what is the true financial return from implementing these systems?
Leveraging automation can create insurance-organization resiliency, ensure smooth operations, and mitigate cost inefficiencies.
On average, the cost of workers' comp per employee is around $78 a month nationwide.
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