Predictive analytics allow advisors to more efficiently service and communicate with clients. Those advisors who don't leverage these tools will find their practices more expensive to run, as they won't be able to service a greater volume of clients as effectively.
More Quotes from Cynthia Saccocia:
Content is the third prong that insurers need to enterprise.Cynthia Saccocia
You need individuals coming together that have a good business understanding of the activity or transaction that occurs at any given step of the process and then articulate that for IT to find the right solution.
Cynthia Saccocia
Carriers have a lot more flexibility today in their choices to buy or customize technology to transform their operations.
Cynthia Saccocia
The most successful programs will be offered by institutions that make products and services available to their entire customer base, while targeting specific segments based on customers' life stages, events and expressed needs. The leveraged use of delivery channels will be of utmost importance to reach and manage the huge retired populace. For many institutions, this will mean a substantial effort to upgrade technology, customer sales and marketing strategies.
Cynthia Saccocia
In light of these three potential bottlenecks, insurers must resist the silo approach because process, content and data must mesh to drive operational improvements.
Cynthia Saccocia
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