Insurtech Ohio talks to Centric Consulting’s Chad Caldwell about current insurtech trends.
The article provides Chad’s perspective on the direction of the insurtech movement beyond the hype, the types of influential technologies involved, and the different insurtech companies making a name for themselves in Ohio.
Chad gives a breakdown of the Insurance Value Chain his team uses to facilitate discussions on specific outcomes. The high-level capability model focuses on the delivery of customer value and improving the customer experience.
“For carriers who are rich in data, machine learning allows them to run models proactively analyzing new opportunities within their book that were previously unforeseen. This level of intelligence can provide insight into new product and pricing opportunities for carriers, brokers, and insurtechs alike,” the article says.