May 03, 2018

The insurtech gap

Advisors and clients are ready for digitized insurance processes, but insurers are slow to adopt new technology.

Insurance companies must therefore focus on meeting the needs of a new generation of advisors who want effective practice management tools that foster greater efficiency, says Donald Chu, chief operating officer and co-founder of Finaeo Inc., a Toronto-based digital managing general agency.

“Buyers of insurance policies are looking for a digital experience,” Chu says, “as young people do not have a desire to work in a paper-based environment.”

Read more at Investment Executive.

Posted On May 03, 2018 under