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How AI Can Revolutionise the Insurance Industry?

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Nobody is unaware of the recent tech revolutions shaping industries. The pace it’s been advancing opens new gateways for opportunities and reevaluation. Like every major industry, insurance is also eagerly looking to adopt GenAI to advance its business processes and leverage its vast amount of data to generate insights. However, the implementation requires major changes …

Align your Insurance business growth strategy with the ‘Insurance for all’ vision!

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To achieve the ambitious goal of ‘Insurance for all’ by 2047, insurance companies must reform their sales and marketing strategies. This year has seen a significant amount of advancements in terms of technology, customer expectations, and market scenarios. What’s important is to find more innovative ways to solidify insurance companies’ position while boosting their market …

Phygital: The next chapter in the Financial Services & Insurance Sector!

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SalesPanda’s Digital Branch and Digital Office model can help financial services and insurance companies expand their geographical reach by overcoming distribution challenges. TL;DR Phygital (Physical+Digital) can be the next revolutionary thing for Financial Services and Insurance: The financial services and insurance sectors have been some of the early adopters of digital initiatives, but there is still potential …

Some of the common challenges agents and distributors face in the Financial Services Industry

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No industry is untouched by the evolving trends as the markets and customer behaviours have changed over time and this change will remain constant for the foreseeable future. With the digital expansion, the opportunity for distribution reach via agents, distributors and more has also grown.  “Within the financial services realm, organizations anticipate that 65% of …