by Collective Team | Feb 2, 2024
The rapid integration of advanced technologies has taken over the insurance industry in recent years. In particular, artificial intelligence (AI) has played a prominent role in this transformation. The global AI in insurance market was valued at $2.74 billion in 2021...
by Collective Team | Jan 31, 2024
The insurance sector relies heavily on skilled professionals for efficient claims processing, underwriting, and customer service. However, recruiting the right talent can be tedious and expensive, especially in the face of labor shortages and mounting competition. To...
by The Covenir Team | Jan 29, 2024
From inbound premium payments to outbound agency commission checks, a lot of money goes in and out of your insurance operation. And when it comes to money, it’s not always plain sailing. Inevitably, there will be payments that don’t match up and confounding billing...
by Collective Team | Jan 15, 2024
As insurers expand their business, many find themselves serving an increasingly diverse policyholder base whose primary language may not always be English. In order to offer a more policyholder-centric service for all policyholders, insurers are starting to partner...
by Collective Team | Jan 10, 2024
The insurance sector is rapidly evolving, presenting abundant opportunities for sales advisors to broaden their horizons and capitalize on the industry’s growth. Current forecasts suggest a robust annual compound growth rate of about 9% through 2026, signaling a...
