Life insurance needs to embrace technology for smoother claims and happier customers. Swiss Re's launch of ACE and CARE highlights the importance of meeting increasing customer demand for digital services.
CII urges insurers to provide training on vulnerable customers
Customers desire a more personalised experience
Two thirds would not accept overly lengthy delays
Provider service quality, claims timescales and Consumer Duty
One million claims made in 2022
Publication of multi-firm review highlights areas for improvements
"AI can understand jurisdictions but misses details not found in data"