A Leap Forward in Insurance
Mark Bennett, the senior vice president of ACORD Solutions Group, recently shed light on a pivotal shift in the insurance landscape: the automation of submission intake.
This advancement aims to revolutionize how data flows among brokers, agents, and carriers, resulting in enhanced efficiency across the board.
Transforming Information Sharing
Automating the submission process transforms how information is shared, effectively reducing the manual efforts traditionally required.
By integrating automated rating systems, the industry can minimize the time spent on tedious entries and complex calculations.
This shift is significant; it translates into quicker responses and improved accuracy, ultimately serving the needs of both clients and stakeholders more effectively throughout the insurance process.
Embracing Innovation
In essence, Bennett champions a forward-thinking strategy that harnesses technology to create smoother workflows and elevate service quality in the insurance field.
Embracing these innovations means embarking on a journey toward a more efficient and responsive industry.
Source: News.ambest.com
