Paul Yates: Protection's paradigm shift

'There's a tangible buzz in the protection industry'

clock • 5 min read

iPipeline's Paul Yates explores the rise of insuretech and the future of the protection industry

For the first time - arguably in a long time - there's a tangible buzz in the protection industry. It is driven, in part, by the growing realisation that insurance technology can be used for a lot more than just improving quote, sales and claims processes. It can also be used as a powerful tool to engage customers. This has all the hallmarks of a paradigm shift in the industry. Out with one-size-fits-all. Finally. Bought not sold? It's no wonder that products like income protection are traditionally known to be ‘sold, not bought': customers and all their differing needs are effec...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Partner Insight: Leveraging AI to Revolutionise compliance and Conduct File Checks

Partner Insight: Leveraging AI to Revolutionise compliance and Conduct File Checks

Robert Jones, head of business development at BAT Software discusses overcoming data compliance concerns with industry-specific AI tools

BAT Software
clock 21 August 2024 • 3 min read
Timeline has the most innovative technology, industry says

Timeline has the most innovative technology, industry says

Advisers, business owners and paraplanners share their thoughts

Isabel Baxter
clock 17 June 2024 • 1 min read
New industry group launches with aim to reform LoA processes

New industry group launches with aim to reform LoA processes

Group formed by pensions technology specialist The Pensions Lab

Isabel Baxter
clock 14 June 2024 • 2 min read