INSURANCE little longer than most to come around to the idea .”
He continues , “ Simple and cheap automation can replace processes that used to be completed by humans . Often this can release human hands to complete more effective tasks that would be harder to give to a computer . In some organisations , however , the desire for automation will be to reduce overheads . Keeping overheads down and profitability up is a larger factor for businesses than ever before .”
Embedded offerings Embedded insurance offerings have slowly emerged throughout the past two years to become one of the most talked about new trends in insurtech . Embedded services enables insurtechs to form numerous partnerships with a massive spectrum of business customers who wish to offer cover products at the point of sale .
Automated and digitised offerings have been turned into a fully automated workflows , thus lowering unit costs and
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