To use data effectively, insurers must automate operational processes such as customer relationship management integration, claims processing and risk assessment.
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Digitalization helps wealth managers broaden their product offering to meet emerging demands.
Managers face tremendous challenges in overseeing sales representatives in the work-from-home world. Here is how guided intelligence can help give them eyes and ears.
The world of insurance has been one colored by the “necessary evils” of long waits, policies for “everyone”, and demographic-reliant underwriting processes. Innovators in this space are contending for an upgrade, and new technology is helping them achieve it.
Slower cycle times and growing pains associated with transitioning to digital servicing channels caused overall satisfaction scores to decline to a five-year low.
Financial services firms who invested in next-gen technologies and continued their digital transformation push in 2021 are already experiencing the positive effects of these investments, according to a new global survey.
Within the world of insurance underwriting, automation improves carriers’ overall workflow by achieving greater speed and efficiency, adapting to changing business needs, reducing human error, and improving team roles, responsibilities and overall company production.
A new study from the Million Dollar Round Table reveals that 56% of Americans want their finances to be handled by a mix of people, robo-advisors and other technological tools.
Florida just became the largest state to require financial literacy for a diploma and several other states are considering similar measures or have laws on the books waiting to be enacted.
The overall Financial and Emotional Confidence Index in 2021 measured 6.5, up from 6.3 in 2016.
Financial Literacy Month is an excellent opportunity for small businesses to help promote financial literacy among their employees.
Almost all interviewed investors – whether ultra-high net worth, millennials or baby boomers – indicated that digital would be their preferred communication channel in the future.
–EVERFI, Inc., a leading Impact-as-a-Service™ education innovator, today revealed the results of a student survey on the financial understanding and preparedness of thousands of high school juniors and seniors nationwide. As more than 1.1 million high school seniors are expected to commit to a college or university by May 1, only four in 10 students who…
Artificial intelligence will play an even more meaningful role in the insurance field in the years to come.
April is Financial Literacy Month and, according to a survey by the Insured Retirement Institute, a much-needed opportunity for consumers to brush up on their financial smarts.
Black millennial families are falling the furthest behind prior generations, according to a study by the Employee Benefit Research Institute.
Teachers can use an online stock market game to educate youth on how to start investing in one of the best income-producing assets and prepare them to build a solid financial foundation.
Survey respondents cited not saving money (45%), spending on things they don’t need (45%) and getting into debt without a plan (41%) as the top financial mistakes they wouldn’t want their kids to repeat.
In a recent research report, Americans report their top five biggest financial-advice gaps. The results reveal a need for more active financial planning.
Florida became the largest and latest state to require high school students to take a financial literacy course before they can receive a diploma.
