The Covid-19 pandemic has radically changed the way we think and live. consumers from different corners of the world are starting to reassess their priorities – from their lifestyles, their spending intentions, the way they work and interact, to the pursuit of purpose in life.
It is prime time for insurers to accelerate their transformation in meeting ever-evolving consumer needs and align with customer values by reimagining their product propositions. To create and deliver value effectively, it is essential to infuse both humanity and technology into insurers’ offerings – while working together with others to make the process intuitive. Ultimately, insurers need to serve a greater purpose, which is to proactively prevent losses and enable customer outcomes.
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