Insurance distribution is evolving—and for the better. Digital solutions are meeting the 24/7 expectations of agents and their clients. Machine learning and AI tools are delivering unpredicted data insights. And carriers finally have the right tools available to simplify and automate how they compensate, onboard, and maintain the compliance of their producers.
These advances aren’t about technology just for technology’s sake. Industry research shows that digital-first insurers have lower expense ratios—up to 40% lower—compared to traditional insurers.
That difference allows them to invest in their people, products, and customer and agent experience. And that translates to growth and increased profitability.