Insurance,Sector,Late,Users,Mo technology Insurance Sector Late Users of Mobile Apps But Coping Up S
Active shredder safety technology for the small office. Shreds 15sheets per pass into 5/32" x 1-1/2" cross-cut particles (Security Level3). Patented SafeSense® Technology stops shredding when hands touch thepaper opening. Designated shredde The electronic cigarette is not new. People who buy electronic cigarette knows that this product has been in the market for years now. Despite some sectors apparently trying to shoot the product down from the shelves, the popularity of elect
What makes any insurance company stand out of its peers and competitors, when it comes to leveraging the market and take its control in your hands. There is no doubt that timeworn explanation and the ease of doing business remains applicable, but the way carriers are interpreting the term is changing quickly and in accordance with the need of the agencies. For past some time, we are observing, how mobile apps are changing the method of working for insurance agents. By now, everyone realizes that one need not be a whiz kid to apprehend that smart phones in collaboration with mobile apps have become a prime necessity for a number of industries, insurance sector being no exception. Hundreds and thousands of employees as well as the consumers are availing the advantages of smart phones and mobile apps meant for this sector. Most of them now disagree to use old-fashioned desktops and laptops as their parents used to do. This method of running a business is getting most preferred and is expected to grow with the number of smart phones and mobile app users. From the insurance sector's point of view, it is important for them to make their services available and easy to use on the smart devices. This is extremely urgent, if they want to stave off the continuous flow of direct writers operating online strictly. Ease of business means that the insurance providing companies will have to render efficient and satisfying services as trusted advisors to their clients. Here are a few interesting facts about mobile apps and smart phones usages in the insurance sector.In March this year, ABI research estimated that downloading of mobile application would reach around 56 billion until December 2013. Additionally, it was estimated that users would download more than 14 billion applications for their tablets. If calculated more deeply it would be 8 million app downloads per hour or 1,33,000 apps per minutes. Another stat reveals that there are more than 800 insurance sector apps available at various app stores. Until sometime back, insurance sector was lagging behind in terms of realizing their importance. Insurance companies believed that since their customers need not access services as much as customers from any other business would need, there are little chances of this concept flourishing in this sector. This statement revealed their limited vision that restricted them to visualize advantages such as: 1. Extending the company's image2. Increased self-service and straight-through processing3. Reduction of expenses by cost cuttingFew could argue that in most cases, insurance users and policyholders will not need the access to the data very often and I say that when they do, they will need it urgently. As far as insurance companies are concerned, putting information within consumer's immediate reach can increase functionality as well as "stickiness" in the relationship. They will give customers a technology that can be used any time to access information from the company's cloud. For example - health insurance companies can use this technology in the form of an app that has an integrated exercise tracker; medicine dosage reminder, calories counter etc. thus, making it more useful for customers and increase their satisfaction of using these apps.CONCLUSIONAt present, the speed at which insurance sector is adopting the mobile apps culture is stunning, considering the fact that until a few years back, no one of us was aware of the term "Apps". The estimate for the next decade is that there would certainly be something new but until then, Apps are here. Use them to march forward or sit behind and see others succeed.
Insurance,Sector,Late,Users,Mo