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digital disruption Insurers are under increased pressure to make their operations more efficient and digitizing the claims process can save them as much as 40% on costs. (Photo: Victoria – Fotolia)

Insurers know the intrinsic value of being on the cutting edge of the industry — insureds want to know and trust they are working with a company that is using the latest tools and technologies to give them the best service possible. Implementing digital insurance solutions is the simplest way to communicate that, and insurers will quickly see the benefits.

There is a lot of discussion around digital insurance — understanding where to begin, how to go about it and the fundamental steps to get it right. While these are all important questions, it’s imperative that insurance companies also understand why they’re doing it and recognize the benefits that it can bring to both themselves and their customers.

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