Protection & Technology: Where do we go from here?

"The potential for this technology to revolutionise our industry is huge"

Hemma Visavadia
clock • 6 min read

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...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Technology

Iress to sell UK mortgages business

Iress to sell UK mortgages business

Advancement in transformation strategy

Jaskeet Briah
clock 15 March 2024 • 1 min read
Fintel-backed CRM specialist Plannr debuts to intermediary market

Fintel-backed CRM specialist Plannr debuts to intermediary market

Built and developed with pilot of 70 advisers

Hope Coumbe
clock 04 March 2024 • 2 min read
What innovations will drive protection value in 2024

What innovations will drive protection value in 2024

"Right customer, right journey"

Alain Desmier
clock 29 February 2024 • 3 min read