Insurance Brokers, what’s holding you back to adopt new technological innovations in your business?
According to InsuranceNews, higher performing insurance brokers are already taking advantage of tech opportunities, but for many, the challenges are daunting.
Macquarie Bank released a report suggesting there is already a growing sense of urgency with companies scared of being left behind as innovations make transacting business easier for customers.
An online survey of 194 brokers for the Macquarie report finds 79% are uncertain what to invest in, while 77% say knowing how much to invest in is a crucial question.
Brokers, in general, are trying to determine which from a broad range of tech options will deliver the best results, even as they realise it is time to take the plunge.
Looking ahead, brokers see challenges from increased price sensitivity among clients and heightened competition and regulatory intervention, and there seems to be a lot of uncertainty about the future of the industry.
Now is the perfect time for insurance brokers to think about what they should do to power their business for the future, and to try something new.
FlexiFund It has created their financial software with insurance brokers at the forefront of their design. Each function has been thought out to ensure a seamless life cycle of your clients premium funding loan.
Why not talk to FlexiFund It today about bring something new to your business.
Now is the time to take advantage of today’s opportunity to establish your own in-house premium funding company.
Go on, take the plunge.
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