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From driverless cars to alternative-fuel vehicles, cars are quickly becoming the most advanced computers we use. What does the future hold for personal lines insurance when talking serious innovation in cars?
While a company’s debtor’s book can be its biggest asset, it can also be a company’s single largest exposure, and this is why trade credit insurance is imperative in today’s volatile economic climate.
A claims manager’s role consists of services relating to the claims aspect of the insurance process and focusing on managing the process of compensation for loss or damage, to any party that falls under the legality of the insurer. In addition to this, top priorities for claims managers also include managing costs of repairs and curbing industry fraud, but as the market grows, so does industry competition.
The insurance industry comprises of various stakeholders; each one playing a key role in the financial lives and well-being of the customers with which they engage. In a situation where there are multiple stakeholders, multiple touch points will exist.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?