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Connected Decisions: How a Holistic Approach to Decision Making Can Help Insurers Build a Profitable Book of Business

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For insurance companies, growth isn't just a numbers game-increasingly, it's based on market and customer insights that enable cross-selling and up-selling to existing policyholders. However, developing an optimal customer strategy requires a different kind of operating model, and the ability to pull together quality information across channels and siloed departments continues to be a challenge across the industry. As a result, many insurers are essentially leaving money on the table for their existing book of business through imprecise pricing and product selection. Learn how a connected decisions approach of sharing data, analytics and intelligence across the new business cycle produces better decisions, improved speed to market and enhance profitability. We'll discuss how insurers can:

  • Reduce the number of applications referred for manual review.
  • Reduce costs and driving revenue generation while improving ease of doing business.
  • Improve the agility of new business and product development processes by giving business managers more control.
  • Take a customer lifecycle view vs. a functional view.