Why insurance brokers need to wake up to digital innovation

digital-marketing2

Digital innovator and Worry+Peace founder James York explains why he's a partner in the FinTech Futures campaign.

If we were to do a SWOT (strengths, weaknesses, opportunities and threat) analysis for the insurance broking and entire industry, I'd likely expect matching columns for both opportunities and threats.

And that's what makes digital so important.

All across the insurance sector we need to embrace digitally enabled innovation and decide if we're going to be proactive or reactive.

Innovation
I recently spoke to a broker to explore helping - for free on this occasion by the way - their business use

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With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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