During peak business periods for group carriers, such as open enrollment in the United States, artificial intelligence can be leveraged to increase group insurance sales by streamlining quoting, optimizing resources, automating manual tasks and eliminating duplication of effort before and during enrollment. Peak enrollment period is here once again as group and voluntary benefits providers […]
Insurance carriers that invest in open ecosystems and best-in-class components will experience improved customer satisfaction, lower costs, and leapfrog the competition. In 2020, the insurance industry has experienced several years of digital transformation in a few months. The days of monolithic legacy systems, built and maintained in-house for decades, are coming to an end as […]
Over the past few months, Global IQX offices have been abuzz with excitement as our talented IQXers delivered several purpose-driven AI enhancements to our industry-leading insurance technology platform: Predictive Analytics for New Plan Design (the latest from IQX’s AI Recommendation Engine) AI Census Scrubber Usability Enhancements Mobile Optimization General Enhancements The IQX platform is constantly […]
Insurers who invested heavily in innovative technologies like artificial intelligence before the pandemic are now reaping the greatest benefits – but there remains plenty of room to grow. Over the months since the COVID-19 pandemic was declared, the group insurance industry has moved from putting out fires towards a new “business as usual,” with remote […]
Over the past few months, Global IQX offices have been abuzz with excitement as our talented IQXers delivered several purpose-driven AI enhancements to our industry-leading insurance technology platform: AI Recommendation Engine AI Census Scrubber Usability Enhancements Mobile Optimization General Enhancements The IQX platform is constantly improving, and our commitment to continuous improvement and alignment with […]
Tech advances coupled with AI can help insurers manage risk, improve underwriting and boost customer experience. In the wake of the pandemic, people have dramatically changed how they live, communicate, work and shop. COVID-19 has also changed how they interact with critical services such as healthcare and insurance. In a time of change and uncertainty, […]
Many insurers still have systems that grind away for ages before they cough up group benefits quotes. Brokers and underwriters insist on predictable, fast responses, and they are even more important today, with more people working from home because of the pandemic, straining networks. If an insurer can’t streamline its process, clients will soon start getting […]
Company matches donations Global IQX employees wanted to give back to their communities during the Covid-19 pandemic. They decided to support both the Ottawa Hospital and local food banks. Food banks have become a crucial lifeline for people who have lost their jobs and income. “Giving back to the community is a critical part of […]
With COVID-19 disrupting business, most employees in the insurance and insurtech industries have been forced to work from home. We are on week 12 of having most of our employees working remotely. Working from home has its challenges on the best of days. Now throw in your partner working beside you and perhaps add some […]
