Evo

Data is the lifeblood of the modern insurance business. It is the central ingredient needed to drive underwriting processes, determine accurate pricing, manage claims, and drive customer engagement. Yet, despite the huge role it plays and the massive amount of data that is collected each day, most insurers struggle when it comes to accessing, analyzing, and driving business decisions from that data. There are lots of reasons for this. In the health and life insurance space in particular, strict guardrails around data privacy and data security can make it difficult to access a complete picture of an individual patient experience across different care channels. Segmented business functions and different tools used for specific workflows often do not communicate with one another, creating data silos within a business. And the industry itself, which has grown through years of mergers, acquisitions, and technology transformation, has developed a piecemeal approach to technology. Today, multiple different systems and internal protocols must be navigated before it’s possible to see a complete, real-time picture of the member population.

Did you know that technology can drive growth and success in the insurance industry? In today's fast-paced digital world, insurance brokers need to harness the power of technology to stay ahead of the game. With the right tools, you can not only maximise efficiency but also boost profitability. At Evo, we specialise in helping insurance brokers take advantage of the power of AI and machine learning. With our innovative software, you can gain a clear competitive advantage and unlock more opportunities. Whether you’re an independent broker or a regional firm, we have the tools to help grow your profits and manage risk like never before. It's time to evolve your business—with Evo! Contact us today to learn more about how our AI-powered software can streamline your operations, boost customer retention, and maximise revenue. Our team of UK based insurance experts can analyse your current processes and develop your own custom solution that will take your business to new heights. Request a personalised demo now. https://goevo.co.uk/ #insurancebroker #AI #machinelearning

According to a recent analysis by IDC Financial Insights, AI is expected to generate a cumulative economic impact of $19.9 trillion by 2030, reflecting a compound annual growth rate of 3.5%. Notably, 50% of this impact will be concentrated in North America, while 25% will come from the EMEA region, with the remaining 25% from Asia-Pacific. This distribution largely favors areas that had robust foundational infrastructure at the beginning of the AI revolution. A crucial takeaway from the IDC report is that AI's economic influence extends beyond direct investments in AI services and solutions. Its disruptive potential is significantly driven by ripple effects throughout the economy. AI affects various sectors along the supply chain, affecting both backward providers of AI solutions (like network infrastructure, hardware, and data storage companies) and forward buyers of AI technology (businesses that integrate AI into their operations to enhance performance). https://buff.ly/4ilymKd

Innovate and build new distribution opportunities with a custom insurtech development service for ambitious insurers. With Evo, you will benefit from an enterprise grade solution fully customised to your precise requirements, regardless of scheme complexity or size. Our team of specialists help insurers evolve and grow at speed with technology that improves efficiency and profits. Find out more today. https://buff.ly/4ijLlMp #Insurance #Insurers #Technology #AI

Artificial intelligence is often talked about as the future of the insurance industry. It's described as a game-changer that could transform how things are done. With all this excitement, insurers might feel like they need to jump into big AI projects, expecting fast results. But it's important to see AI not as a magic solution, but as a useful tool. If used strategically, AI can solve specific problems and improve current processes without depleting resources or causing major disruptions.

Evo delivers a boutique development service without the exclusive price tag. Leverage our flexible insurance software to get a fully tailored solution for a fraction of the cost of bespoke development. We strongly believe in transparent, fair pricing – so every broker, MGA and insurer can evolve and grow. This is why we only offer fixed price contracts, with absolutely no GWP or usage fees. Get in touch and discover how you will see quick ROI when working with us. https://buff.ly/4f3ZcDR #Insurance #ROI #Technology #InsuranceBroker #MGA

Business leaders must harmoniously blend their teams with the new AI technologies to provide the best possible customer experience.

Have you ever dreamed of running an insurance agency with maximum efficiency and minimal overhead? Well, now it can be a reality—thanks to AI-powered insurance software! AI is revolutionising the world of insurance. With the right technology Managing General Agents are managing multiple insurance programmes more quickly and effectively. The right technology is making it easier for MGAs to improve communications, automate processes, manage multiple insurance programmes more efficiently and expedite onboarding while providing superior customer service. At Evo, we understand that MGAs need powerful technology solutions to enhance their competitive edge in the industry. That's why we're focused on helping our clients make the most of AI's transformative potential. Our specialised software can help you get up and running quickly, so you can focus on what you do best—providing exceptional service to your clients. Feel free to reach out if you would like to learn more about how Evo and the power of AI can transform your agency! https://goevo.co.uk/ #AI #Transformation #Growth #MGA #Insurance

The insurance industry has always been data-intensive, but with the rapid advances in data analytics and artificial intelligence (AI), the landscape is transforming at an unprecedented pace. New technologies are enabling insurers to harness vast amounts of data to improve accuracy, efficiency, and customer experience. Here, we delve into seven pivotal tech trends that are reshaping the future of data analytics and AI in insurance.

From customer communications and targeted campaigns, to sales analytics and dynamic documentation, Evo helps increase revenue, optimise your lead generation and streamline client onboarding with a range of tools designed to empower your sales and marketing teams. Find out more today… https://buff.ly/4iroXRw #Sales #Marketing #Insurance #Tech