Tag: #CustomerCentricity
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Navigating the Great Wealth Transfer: Innovations in Life Insurance
The Capgemini Research Institute’s report reveals a pivotal shift in life insurance, highlighting the industry’s challenge to manage a $7.8 trillion inter-generational wealth transfer. It emphasizes the need for innovative solutions to cater to an aging population’s unique needs, while also maintaining asset management amidst a changing demographic landscape.
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Lemonade Insurtech’s Swift Claims Settlement: A Leap Forward or Just a Mirage?
Lemonade, an insurtech pioneer, leverages AI to expedite insurance claims, settling some in mere seconds. While showcasing the power of technology, the company faces challenges in the evolving insurance landscape. Their journey is a testament to the potential and hurdles of digital disruption in traditional sectors.