Technology

How InsurTech Can Provide Value to Traditional Insurance Companies

Tech has joined the insurance game bringing with it the full force of innovation and disruption we have seen in other sectors transformed by technology. “InsurTech” are technology-centric companies that harness cutting edge technology to offer a whole new slew of services. Though some insurance companies view this as a threat, a significant portion recognizes […]

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How Insurance Companies Can Harness InsurTech For a Better Customer Experience

While insurance has been around for quite a while and the majority of people use it for their home, life, vehicle and health, consumers often find the customer experience (CX) in the industry shaky at best. According to Forrester Research, the CX provided by insurers is among the lowest in any industry. So, what is

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Penguin.Tech Provides Value Through ACORD Standards

The insurance sector is on the cusp of a digital revolution that will redefine how it operates. By integrating Penguin.Tech’s advanced digital technologies and ACORD Standards, with leading core insurance platforms, like Duck Creek Technologies, we can help reshape the way the industry operates and find more efficient and effective ways for our clients to

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How Artificial Intelligence Is Impacting Insurance Technology

You would be hard pressed to find an industry in the world that technology has not impacted and the insurance industry is no exception. In fact, technology has completely reshaped insurance and given rise to what is now known as InsurTech. Time is money and using technology to improve efficiency across various insurance operations is

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Penguin.Tech Cuts the Fat and Delivers the Information You Need

Penguin.Tech knows how to deliver a proven, smaller payload to improve the customer experience and compress valuable timeframes so insurance companies and agents can generate online quotes faster to secure new customers more quickly. The team at Penguin.Tech understands that time is money for their clients, the insurance carriers and their agents, so they’ve cut

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The ACORD Model Unifies Language and Improves Efficiencies

Penguin.Tech leverages the vast benefits of implementing the ACORD model to create a unified language that can transform everyday Insurtech operations from reliable and steady to reliable, quick, and efficient. The business benefits quickly become obvious as costs are reduced, productivity is enhanced, and profits are increased. Penguin.Tech uses ACORD for a full stack of

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Penguin.Tech Approaches ACORD as an All-Or-None

Here at Penguin.Tech, we drive home an “all-or-none approach” when implementing ACORD specifications. We know our clients benefit the most from our services when we implement ACORD specifications throughout the organization in a unified fashion. It is a value-add to insurance companies and ensures an unsurpassed stabilization to the infrastructure. ACORD can be followed to

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