Mind the Gap: What is Gap Insurance and How Does it Work? #GapInsuranceandHowDoes #MindtheGap
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Mind the Gap: What is Gap Insurance and How Does it Work? #GapInsuranceandHowDoes #MindtheGap
Mind the Gap: What is Gap Insurance and How Does it Work?
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Rory Yates, CSO of EIS Ltd, examines the Gap insurance quandary and explores how the FCA is attempting to level the playing field for customers. in this latest thought leadership article, find out ➡ What Gap insurance is - and why it matters to the customer ➡ The FCA's current handling of Gap insurance ➡ What insurers should do in response to the latest regulations He says: "Some GAP Insurance providers have agreed to “pause” sales of their products following a request from the Financial Conduct Authority. This came about after the FCA had written to insurance providers warning them it might ‘intervene’ in the market, asking them to voluntarily withdraw their products from sale. As the FCA confirmed this they also revealed some 80% of the market has agreed to suspend the sale of Gap insurance products." #insurtechinsights #thoughtleadership #fca #insurance https://lnkd.in/exmvE4n4
Mind the Gap: What is Gap Insurance and How Does it Work? | Insurtech Insights
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10 Insurance Industry Predictions for 2024 #InsuranceIndustryPredictions
10 Insurance Industry Predictions for 2024
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10 Insurance Industry Predictions for 2024 #InsuranceIndustryPredictions
10 Insurance Industry Predictions for 2024
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Great insights that re-affirm the importance of pro-consumer claim’s services. Partnering with OMC Claims can ensure consistent outcomes delivered by expert professionals.
Retained Executive Search Recruitment Professional helping Insurance firms identify and procure top talent in the Insurance market.
10 Insurance Industry Predictions for 2024 #InsuranceIndustryPredictions
10 Insurance Industry Predictions for 2024
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Zala Insurtech News: In this latest Thought Leadership article, Rory Yates, Chief Strategy Officer at EIS, examines the Gap insurance quandary and explores how the FCA is attempting to level the playing field for customers. The post Mind the Gap: What is Gap Insurance and How Does it Work? appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech
Mind the Gap: What is Gap Insurance and How Does it Work? | Insurtech Insights
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How you deliver bad news can make or break client relationships and your reputation. Getting it right doesn't need to take years of experience - you can learn this essential skill right here, today! Check out our newest course: Strategies for Delivering Bad News in Insurance https://ow.ly/P5Xy50SCEYh #insurance #customerservice
Strategies for Delivering Bad News in Insurance
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Zala Insurtech News: Next Insurance has launched a new solution capable of generating accurate and customized insurance quotes within seconds. The post Next Insurance Introduces New Solution with LegalZoom appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech
Next Insurance Introduces New Solution with LegalZoom | Insurtech Insights
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Zala Insurtech News: NEXT Insurance has announced the launch of Business Owner’s Policy (BOP), a comprehensive insurance solution tailored to the specific needs of small businesses. The post NEXT Launches New Comprehensive Insurance Product for Small Businesses appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech
NEXT Launches New Comprehensive Insurance Product for Small Businesses | Insurtech Insights
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Great article! For companies looking to grow and scale, adopting new technology is imperative to stay relevant and provide top-notch services for your clients and customers. When choosing a new insurance management platform, consider the following: Scalability: Ensure the platform can handle growth and accommodate a growing number of users, agents, and policy transactions without needing significant reengineering. Flexibility: Look for configurable features that can meet specific business needs without starting from scratch. Cost-effectiveness: Platforms that offer subscription-based pricing or pay-as-you-go options can reduce upfront costs and provide predictable expenses. Adaptability: Choose a platform that supports interoperability with other systems, enabling seamless data exchange and reducing data silos. Robust Security Measures: Ensure the platform invests heavily in security and compliance to protect data and meet regulatory requirements. Real-time Analytics: Built-in analytics and reporting capabilities provide valuable insights into trends and performance metrics, empowering data-driven decision-making. The time to innovate is now—don't let legacy systems keep you behind. #InsuranceInnovation #DigitalTransformation #InsurTech #OperationalEfficiency #CustomerExperience
Eric Ayala, Managing Director of Americas for Novidea, discusses the leading insurance software platforms in the insurance industry, and why they are transforming the way we do business in this latest Thought Leadership article: ➡ The Top Seven “Must-Haves” of Insurance Software Platforms ⬅ He says: "Adopting new technology creates a lot of anxiety for insurance organisations. Cost concerns and the potential risks around service interruption often keep them in a holding pattern where they remain dependent upon outmoded systems that lack the features and scalability they need to move forward. However, many insurance leaders have reached an inflection point where the cost of staying the same is too high." #insurtechinsights #insurancenew #insurance #software https://lnkd.in/eJaDV-Sm
The Top Seven “Must-Haves” of Insurance Software Platforms | Insurtech Insights
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