WHITEPAPER Best Practices for Automating the Insurance Quote WP-2021-04-202 Best Practices for Automating the Insurance Quote WP-2021-04-20 Insurance firms can no longer rely on their expertise in underwriting, claims processing, and marketing to stay competitive. Insuretec firms are leveraging technology to create competitive advantages and organizations across the value chain need to respond. Big data, AI, and cloud services are setting the foundation for changing how the traditional insurance carrier operates. Pricing risk is a core competency of any insurance operation and those that can do it more effectively will be more successful. Automating the process of delivering a quote that is profitable and quick has a direct impact on an insurance firm’s bottom line. With digital tra

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