Hemma Visavadia explores how technology is rejuvenating the protection space through better use of Artificial Intelligence (AI), data and other advancements, and how the industry must adapt to survive.
Technological innovation within the protection industry has a huge amount of potential. It can assist in creating shorter time frames for claims to be approved, improve client outcomes, and help advisers navigate the latest product changes. Technology can make the industry more efficient and up to date. However, the successful implementation of technology doesn't happen overnight - creating or implementing the latest advancements is a lengthy process that requires funds and forward thinking. It is only through the joint use of resources from intermediaries, advisers, providers, and...
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