Insights
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3 Trending InsurTech Components to Watch in 2019
While 2018 witnessed the expansion and exploration of insurance technology (InsurTech) in real time, the focus in 2019 is all about engagement and relationships. The booming InsurTech industry hit a quarterly financing volume of $1.2 billion in Q3 of 2018 – up $749 million already from Q2. 2019 promises a
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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
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Big Insurance Trends for Big Data
In the insurance industry, big data analysis is how companies gain insights into every facet of their operation. From consumer behavior to the ROI of marketing campaigns, insurers want to be able to leverage the information to turn big data into actionable and revenue generating steps. Being ahead of the
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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
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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
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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