The insurance industry is experiencing a major digital transformation due to changing demographics, consumer expectations, and economic pressures. One Inc CEO Ian Drysdale told Karen Webster that this shift aims to meet the preferences of millennial and Gen Z consumers. https://lnkd.in/e_2sRPvN
What are you preparing 1 Ink for and what is the insurance industry doing to prepare themselves for this inevitability of going digital, forcing themselves to go digital and and using technologies to improve how they do their business? So we're seeing more and more of our clients. We have several dozen insure techs that basically are an app. We have hundreds of more traditional insurers and we have 10 of the top 15 insurers as clients. What we're seeing is that they are embracing instant payments, Karen.
Data-driven innovation is revolutionizing insurance. Big data, analytics and AI are converging into a unified strategy – optimizing risk assessment, claims processing and customer interactions. Dive deeper here > https://hubs.la/Q02P25Mn0
Our class of 2024 summer interns is here to stay! Eight Onesters were offered positions on the One Inc team. We can't wait to welcome the next generation of rockstars. Learn more about our career and culture> https://hubs.la/Q02NYJsZ0
In a world where speed and convenience reign supreme, Millennials and Gen Z are driving a digital payments revolution. Insurers must adapt to their preferences for fast, flexible digital transactions. By leveraging digital payment systems, insurers can significantly enhance customer satisfaction, reduce claims processing costs and embrace innovative solutions. Learn more>http://bit.ly/3zi5osV
80% of Gen Z Avoids Brands That Don't Offer Digital Payments—What It Means for P&C
Expectations for speed and convenience among Millennial and Gen Z consumers mean fast, flexible digital payments capabilities represent an enormous opportunity for growth-oriented P&C insurers. In Guidewire Chief Evangelist Laura Drabik's latest post, she looks at how they're also key to cutting claims costs, enabling next-gen operating models, and securing a sizable slice of more than $170 billion in premiums that could be up for grabs over the next five years. Read the blog now: bit.ly/3zi5osV#PandCInsurance#DigitalPaymentsOne IncSnapRefundEYAccentureAmerican ExpressJ.D. Power
Expired cards cause recurring premium payments to fail. That means increased service center calls, policy disruption, lost revenue, and poor customer experience. Prevent card payment failures with #network tokenization and real-time token updates. Learn more>https://hubs.la/Q02NBJLJ0
Check out some of One Inc's latest redesigns and enhancements to help insurers ensure the best customer experience. Customers can get the information quickly and efficiently with tools such as reference guides, quick links and release notes. Learn more about the leading digital payment platform by One Inc>https://hubs.ly/Q02Nnr4W0
On #LaborDay, we salute YOU – our amazing team, our fantastic clients and all our business partners. Your hard work makes digital transformation possible.
Data is the fuel for innovation and its rapid evolution is changing the insurance industry. Insurers must ensure robust data privacy and management practices to stay competitive and compliant. Learn more here >https://hubs.la/Q02Nc7Zj0
Wondering how One Inc employees connect in a remote environment? The One Inc marketing team took on the trending challenge of painting each other's portraits. Employees shared a good laugh, paid attention to the details of their coworkers, and learned more about each other's personalities along the way. Learn more about our open careers and culture>https://hubs.la/Q02N94_-0
CEO @ One Inc | Digital Payments, Insurance
1moThank you Karen Webster and PYMNTS!