Insights
Latest Emerging Technologies Impacting Insurance
Technological advancement has caused ripples in various industries and the insurance sector is one of them. Insuretech is a revolution that cannot be ignored as it promises to change the operations of the insurance industry. So, do you know what insuretech is? Insuretech simply refers to the various technologies that
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
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
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.
Digital Drivers for Property and Casualty Insurers
Digital acceleration, enhancement, and distribution plans are a must technical initiative for today’s property and casualty insurers. 2019 projections are estimating that about four out of five property and casualty (P&C) insurers either have, or are planning to set up, wholly digital sales processes in which humans are involved only
Insurance Execs Concerned About the Impact of InsurTech Implementation
A new report issued by Accenture indicates that the intersection of insurance and technology has increasingly been on the radar for executives across the United States. How InsurTech has, and will be implemented, and what lasting impacts it will have on the insurance industry is a major concern among these