In the past couple of years, we’ve seen the industry incorporate wearable technology into their policies that even major carriers are adapting. As an agent knowing the details of this trend could be beneficial to your client who may be the ideal contender for this type of insurance.
"Technology is a necessity of the modern business world, especially in insurance. The efficiencies, cost savings, data and business insight that technology can provide will make us better as an industry and help us all to grow.”
Chatbots and artificial intelligence offer endless possibilities for business processes across industries...Some fear that these technologies could take over several tasks and displace many insurance workers, leaving them jobless.