What Is It Service Insurance?
Insurance-as-a-service also offers the potential for greater efficiencies and reduced corporate risks through the introduction of a new program. The insurance-as-a-service model also helps companies to digitize and funnel their insurance operations into one system, then plug it into their engines. As-a-Service solutions are popular because they are relatively inexpensive, simple to set up and allow scalability and fast upgrades. In this view, As-a-Service insurance means startups are offering other companies access to selected, pre-built elements of an insurance value chain on a subscription basis, essentially running insurance operations for…
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