How carriers can lean on partnerships to innovate with speed
October 31, 2022 by Lena Chukho
All life insurance carriers are aware of the consumer’s demand for digital-first experiences, but not every carrier has been able to meet that demand. A lengthy and complicated application process with the added friction from a medical exam isn’t ideal for many digitally native consumers, so insurance companies must reassess their use of technology to drive innovation. With a partnership-oriented approach, leveraging technology to expand customer acquisition and retention and reduce costs is more within reach than you might think.