Insurance Industry Blog

Deep dive into embedded insurance and protection innovation with these in-depth articles.

Oct 19, 2023 9:33:00 AM | 6 min read

Use Embedded Protection to Create an Embedded Profit Center

Companies today operate in an entirely different world than the one just a few months ago. Now, cash is more king than ever and, top of mind for so many businesses, is how to increase runways and build sustainable positions. Companies no longer have unlimited access to VC capital to pursue growth-only strategies, disregarding profitability until late in their lifecycle.

START READING
Oct 13, 2023 9:33:00 AM | 8 min read

Embedded Insurance Platforms Pave the Way for Innovation

Shopping, banking and booking vacations online are popular with consumers largely for three reasons. The first is convenience. The second is security. The third is choice. Embedded insurance platforms recognize that these user preferences are driving a warp-speed increase in digital transactions that is unlikely to slow down. Using that insight to drive new and meaningful opportunities for digital interactions between users and the companies/services they interact with online helps cement the place of embedded insurance in the future.

START READING
Sep 29, 2023 11:00:00 AM | 10 min read

Customer Trust & Why Your Business Needs a CFAR Program

The key to navigating a constantly evolving business landscape is enhancing customer trust, point-blank, period. With customers seeking transparency, flexibility, and a sense of security in their interactions with companies, innovative strategies have emerged as the key to cultivating lasting relationships. One such innovative approach that has gained significant traction in the past year or so is the 'Cancel for Any Reason' or CFAR program. This programming goes beyond traditional insurance offerings, allowing customers the freedom to cancel reservations or plans without being tied down by rigid policies. By addressing customer concerns and uncertainties while providing unparalleled flexibility, 'Cancel for Any Reason' programs have proven instrumental in not only building customer loyalty but also in fostering positive and memorable customer experiences. Have you been wondering about the future of business-customer relationships and how embedded protection plays a crucial role? We spoke with an expert to get the answers to your burning questions. Find out how it aligns with customer preferences and gain valuable insights from our knowledgeable subject-matter expert.

START READING
Sep 14, 2023 9:33:00 AM | 5 min read

Switch Protection Partners for ROI and Long-term Growth

Unless you live under a rock, you've likely noticed that the insurance industry is undergoing a revolution fueled by cutting-edge technology. Companies are streamlining operations, reducing costs, and driving growth with embedded protection platforms. It's crucial to understand how these offerings can skyrocket your return on investment (ROI) and propel your company toward long-term success. Don't miss out on this opportunity to stay ahead of the curve and secure your place in the future of protection.

START READING
Sep 7, 2023 9:33:00 AM | 5 min read

The Impact of Embedded Protection on Customer Satisfaction

Unlocking the Power of Embedded Protection to Revolutionize Customer Experience 

Convenience is king. This consumer-driven shift has reshaped the business landscape and driven innovation in the purchase protection and insurance sector. Embedded protection, a concept that fuses protection seamlessly with consumer purchases, has emerged as a game-changer in enhancing customer satisfaction and engagement. 

START READING
Sep 5, 2023 9:33:00 AM | 3 min read

Want Control of Your Embedded Protection? Try Switching Providers

You have more choices than ever. But is that a good thing? With a plethora of innovative options, it's easy to fall into the trap of analysis paralysis. We get it – contemplating switching from your existing customer protection program (or lack thereof) can feel like navigating a labyrinth of uncertainties. But here's the thing: the tech landscape evolves at warp speed, and staying agile is the name of the game. We're here to liberate you from overthinking and invite you to boldly embrace switching from your business's existing protection program. Trust us, you're going to want to read this.

START READING
Aug 30, 2023 10:03:00 AM | 5 min read

Embedded Protection Programs Equal Revenue Generation

Companies are constantly under pressure to up their game. If you're losing sleep over ways to streamline operations and boost conversions, an embedded protection solution may be the answer you've been overlooking. It's the most effective way to achieve both goals and increase your profits. Risk management and protection programs are seen as necessary expenses. But thanks to new technology and some industry know-how, these programs could actually increase profits. It's time to rethink and recognize that there's a lucrative opportunity here - one that can both streamline operations and provide more value to your customers.
Let's explore the strategic shift from viewing protection as a product that you purchase, to a feature that you embed in your platform. Emerging technologies are leveraging intuitive platforms, data-driven insights, and services led by teams of protection pros, to make your customers happy. How? With protection solutions that factor in your intrinsic risks, providing your customers an experience that feels natural - and providing your team the control and flexibility that traditional providers can’t.

START READING
Aug 28, 2023 9:33:00 AM | 4 min read

5 Tips to Address the “Right” Risks With Your Embedded Protection

As businesses navigate the complex landscape of today's market, understanding and mitigating risks have become paramount for sustained success. Even with an existing customer protection program in place, how can you ensure you're focusing on the right risks? You’ve got questions? Tint has answers
We have some great tips to share with you on identifying and addressing the most important risks for your customers, team, and overall business goals. Whether you’re looking to revamp an existing protection offer or getting started for the first time, this checklist will ensure you’re focused on the right risks to use protection as a lever for growth.

START READING
Aug 24, 2023 5:00:00 PM | 8 min read

Switch to Embedded Protection and Unlock Growth.

Analysis paralysis. You’ve likely heard of it before, but it isn’t just a buzzword. It's a cognitive phenomenon that occurs when individuals are overwhelmed by an abundance of information or choices, rendering them unable to make decisions confidently and effectively.
In business, this indecision can have a significant impact on the balance between maximizing profitability and ensuring safe, pleasant experiences for end-users. When you already have a protection solution in place it’s easy to say, “Why rock the boat?”. It’s natural to hesitate or to avoid change. But what about when your hesitation means leaving stacks of cash on the table? So, let's delve into the real repercussions of analysis paralysis when it comes to your protection solution and how to break the cycle. 

START READING