These days, technology seems to be evolving faster than the blink of an eye. Before you can even get your latest mobile device or gadget home and out of the package there seems to be a newer, more advanced version available. While we, as consumers, strive to keep up, it’s easy to forget that whole companies and industries are doing just the same, but on a much larger scale.
Their missions are still the same?ttract more business and consumers than the competition?ut the tools used to achieve these have changed and evolved drastically over the last few years. Not immune to these changes is the insurance industry?nter Insurance & Technology. Recognizing the need for a platform and forum where insurance professionals can gather and swap information about the latest technology trends affecting and influencing their industry, Insurance & Technology began an Executive Summit which is now in its 14th year.
Don’t get me wrong, the insurance industry has been dabbling in the technological world a bit, as evidenced by developments such as the Know Your Stuff app, which offers homes and businesses an advanced, convenient way to take and keep inventory of all of their possessions, should they need a record for insurance purposes. However, in the grand scheme of things, innovations like that are not enough to keep insurance companies and professionals ahead of their customers, which poses a problem.
Luckily, this annual summit gives everyday insurance professionals the chance to network and mingle with some of the biggest, most influential names in the industry, which can only help proliferate brilliance, right? Taking place in California for three days later this year, topics discussed will center on the event’s theme?he Age of Consumerization: Competing on Insight, Speed & Trust. Marketing and business development minds will lend their two cents through highly-anticipated speeches that will emphasize methods and ways insurance companies can use technology to increase profitability, and improve operational and organizational effectiveness.
So, as you strive to make your way through this ever-evolving, “plugged-in” world we live in, take the time to challenge yourself and learn more. Choosing not to can mean being left behind in the dust?egardless of industry.
Tracy Myers is a freelance blogger with a passion for helping others navigate the dark waters of personal finance. As a regular contributor to several consumer help websites, such as HomeInsurance.org, Tracy often covers topics related to personal property advice, retirement and financial planning. Please leave your comments and questions for her below!