How Does AI Facilitate Microinsurance Policies in the Auto Insurance Industry? | Inspektlabs
Microinsurance is like conventional insurance but targets the lower-income market and households with low financial reserves. Many low-income families have limited education and financial literacy, and microinsurance helps to overcome these challenges.
6 Advantages of Insurance Claims Automation | Inspektlabs
Automating the claims settlement process is prudent for all insurers and businesses. There's little doubt that these technologies will become the norm—automation benefits not only companies and insurers but also customers.
4 Challenges Motor Insurance Companies Need to Tackle | Inspektlabs
Digital transformations are becoming increasingly important for companies in many industries. The motor insurance industry is no exception, as it has long sought to modernize its data and application landscape, implement digital customer service, and integrate front-to-back functionality.