10times
27 Apr 2021Ended

The Rise of Digital Direct Insurance

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upto 100
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Based on previous editions

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Apr 2021

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Not Available
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Similar to their purchase behavior in other industries, individuals and small businesses are buying insurance directly online. By going straight to .. Read more insurers, they want competitive prices and a quick no-hassle purchase experience. Digitally astute insurtechs already excel in meeting this demand for simplicity. However traditional insurers are upping their game — according to a 2020 Harvard Business Review Analytic Services, 64% of executives at traditional carriers expect their firms to increasingly adopt a direct-to-customer distribution model. And with the challenges of the past year, a digital-first approach has emerged as compelling.

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