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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. As insurance intermediaries that represent carriers, MGAs provide insurance products to retail agencies and insureds. Read on to learn more.

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Cyber Insurance Market: Carriers Navigating through a Changing Risk Landscape

Everest Group

With increased cyber attacks and data breaches post-pandemic, cyber insurance to protect against the rising digital threats is growing in demand. Cyber insurers can benefit by partnering with service providers to seize opportunities for growth and profitability in this fast-growing market. Read on to learn how. .

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Transaction Accounts: Analyzing Deposit Stickiness in the Current Interest Rate Environment

Perficient Digital Transformation

Retail banks respond to the Federal Reserve’s short-term interest rate adjustments with corresponding changes in lending and deposit rates. More Like This: 5 Major Advances in the Future of Banking, Financial Services, and Insurance (BFSI) Industry Contact us today and let’s explore your financial questions together.

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Embedded finance: unlocking the $500Bn opportunity

Capgemini

The regulation ushered the banking industry to the Open Banking era of seamless data exchange. As per an estimate, by 2030, nearly 50% of loan originations and payment initiations will shift to non-FS channels (like hotels, mobility, e-commerce sites, retailers, etc.). This is not limited to retail consumers only.

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Focus on data ecosystems in the era of financial services

Capgemini

When it comes to data, the financial services industry has some of the greatest opportunities but also faces tremendous risks and pressures. As the line blurs between traditional financial services and retail experiences, companies know they must rapidly adapt. They also get a better view of the client and their preferences.”.

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A short guide to AI-first wealth management

Infosys Consulting

The gamut of advice they offer will expand as clients expect their advisors to provide holistic financial advice with an inventory of solutions that includes insurance, health, lifestyle choices among other things. We have identified and implemented AI-driven use cases for our clients across industries. He is also a certified FRM.

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12 Businesses That Need To Outsource Data Entry in 2021

Magellan Solutions

Many industries took a hit because of the COVID-19 pandemic. Industry experts believe that with the continuous acceleration of data analytics and automation, it will be even bigger post-pandemic. . Industry experts believe that with the continuous acceleration of data analytics and automation, it will be even bigger post-pandemic. .