Digital technology has provided insurers with the means to provide customers what they want to remain their preference.
What insurers seem to think is important to consumers isn't always what consumers say is a priority.
The nature of specialty lines of insurance is more complicated and specialized - and presents an opportunity for innovation.
Here are common roadblocks to digital transformation and some thoughts on how you might deal with them.
Billing and payments are a key component in any growth and innovation strategy and are at the center of the digital customer relationship.
It is important to understand the different kinds of insurance-related taxes and fees that exist.
The insurance workplace has been upended and changed forever. Embrace the reality of how and where work is done and by whom.
Broker fees and producer fees are not the same. We break the terms down for you and explain how each apply to you.
Assigned risk pools are state-sponsored organizations that allow people and businesses to obtain insurance.
Customer experience is the impression your customers have of your brand as a whole throughout all aspects of the buyer's journey.
Vaporware is the gap between what the software vendor tells you they have and what they actually have.
Build your offering on flexible solutions that drive long-term loyalty via personalized service and quick responses to evolving needs.
A strategic path to excel in today's environment while being put in position to take advantage of future opportunities.
Creating efficiency through the utilization of external service providers or automation technology to provide operational solutions.
Here's how low code/no code solutions are helping insurance companies innovate and stay competitive.
To live up to the demands of the new digital transformation economy, organizations must cease to rely on outdated software.
Achieving success in breakthrough innovation means regulations must be changed to reflect the new reality.
The business world now progresses towards reintroducing elements of our pre-pandemic lives.
Purchasing insurance policies and making insurance payments digitally, is an incredible convenience and luxury.
Business practices have evolved into being more embracing of the true definition of collaboration.
The Customer Experience is the new trend as it is quickly becoming the primary differentiator for a brand.
April 30th is National Honesty Day, at Input 1, honesty is synonymous with integrity, one of our core values.
Business leaders see an opportunity for massive levels of change and improvement.
Digital transformation is a matter of survival in the modern business environment.
Consumers expect digital interaction as a matter of course. Here is why Carriers should utilize digital insurance payments.
When evaluating a BaaS provider, here are the different features to consider.
If you are considering Billing as a Service (BaaS), this will provide you with a starting point.
(Baas) is an alternative that insurers can use to manage their billing and payments.
Most property & casualty executives say that insurance must be sold every YEAR.
How to create a great AX...
Payment plans can make the difference...
As the lines between banking and insurance...
Implement better billing solutions...
Billing is a significantly important part of...
At ground level it looks nothing like...
Billing is the most common touch...
Every single portion of the customer experience...
Billing is one of the easiest areas to create...
Structuring the right PAYMENT TERMS...
5 things you need to be doing...
The insurance industry is going through a renaissance...
A premium finance vehicle can benefit an organization during both hard and soft insurance market cycles.
Additional premium to the original...
The terms remittance and retention apply almost entirely to the down payment in a premium finance loan.
The methods used to calculate unearned premium and how it affects unearned commission.
A flat cancelled loan will occur when...
The Rule of 78s is a method used in accounting that was borrowed by lawmakers to calculate interest recognition in premium financing.
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Services & Solutions
Billing as a Service (BaaS)
Pay in Full (BaaS Single Pay)
Premium Finance as a Service (PFaaS)
Software as a Service (SaaS)
Payments as a Service (PaaS)
Traditional Premium Finance