Digitization Of Life Insurance Industry In Surprising Ways
In the ever-changing post-pandemic world, the digital transformation of various legacy industries continues to evolve at a faster pace. Traditionally slow-moving industries such as life insurance make for fascinating examples, where technology startups are tackling well known and age-old problems, such as poor customer experience, in innovative ways.
To find out more about what’s happening within the life insurtech industry, we spoke with Nelson Lee, the founder of iLife Technologies, a B2B insurtech SaaS (Software-as-a-Service) startup whose product allows life insurance brokers to build interactive client experiences that involve zero coding. The company launched its product in mid-2021 and has over 1000 insurance brokers as users after four short months.