The millennial life insurance gap is larger than ever –– in fact, only 10% of millennials say they have enough life insurance in place to cover self-reported needs should they pass unexpectedly. With this massive buying segment up for grabs, insurance companies are struggling to modernize complicated legacy systems to meet younger generations on their level. Now, many are in pursuit of technologies that can streamline their process.
To help insurance companies deliver the level of engagement today’s consumers crave, Sonny Patel, founder and CEO of Insurmi, believes one of the most promising solutions lies in AI. Learn more about how AI can bridge the millennial insurance gap in Insurance Innovation Reporter here.