Is Smart Technology use by Travel Insurers at a Premium?
(PRWEB
The findings also show broad agreement across all age groups, male and female, with 23 percent of the over 55 agreeing strongly (56 percent net agree) versus just 19 percent of 18-24 year olds who strongly agree (55 percent net agree in this age group).
"The research confirms what most of us know, that all age groups have embraced smartphones and we now expect all companies, including travel insurance providers to do likewise," said
The latest Travel insurance apps mean policies can travel with the holidaymaker and technology allows insurers to process and authenticate claims quickly, thus acting as a powerful anti-fraud tool; while the consumer benefits from an improved customer journey; simplified small print; and lower premiums, but more importantly, instant help at their fingertips when they need it most.
"As 20 percent have never had travel insurance and 69 percent of those who have had travel insurance have never made a claim, the industry needs to demonstrate the value of the product and the latest tech allows us to do that," added Colonnese. "Four out of five
Read the full story at http://www.prweb.com/releases/2017/12/prweb15033949.htm
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