Life claims in 2024 | Download the guide
In 2024, the life insurance industry is undergoing major changes influenced by several key factors: economic pressures, regulatory modifications, and shifts in consumer behaviours.
In this guide, you’ll uncover insights and strategies that will help you process life claims quickly, fairly, and empathetically during this era of change.
Download the guide to discover:
- The economic pressures, regulatory changes, and evolving consumer behaviours transforming the life insurance industry in 2024.
- How inflation in advanced markets is leading to cautious spending and a decrease in life insurance investments.
- How emerging economies are experiencing a surge in life insurance demand due to a growing middle class and rising incomes.
- How artificial intelligence (AI) is revolutionizing life insurance, especially in claims processing, by enhancing efficiency and accuracy.
- How the United States life insurance market is expected to grow, with varied growth rates across different life insurance products.
- Why a significant number of Americans lack proper life insurance knowledge and coverage, indicating a need for industry education efforts.
- Digital transformation and the integration of AI in claim processing are set to address specific challenges, offering more personalised customer service.