Real-Time Premiums are the Future of Insurance with Dino Carbone of SmartPay
Let’s be honest: insurance can be overwhelming in the best of times. Finding a way to simplify it can sometimes feel like a search for the mythical lost city of Atlantis. In another odd irony, insurance is something that people pay for, yet hope to never use.
Technology is helping ease the anxiety on both sides of the insurer/insured relationship. On today’s podcast, MarketScale Host Sean Heath spoke with Executive Vice-President of Sales & Marketing for SmartPay Solutions, Dino Carbone. They discussed how the industry is finally stepping out of its historically stodgy image and the ways in which technological advances can help build the trust necessary for the industry’s success. Also, Carbone told us the single most important determination that companies face when establishing an insurance protocol: the difference between a “nice to have” and a “need to have”.
“An insurance company touts their best services are their claims handling, and I totally get it, right? When something goes wrong, that business wants to make sure the carrier that they’re with is solid financially and knows how to handle claims. But, guess what? What if your client, your insured, never has a claim,” Carbone said. “Aren’t they your best clients? You’re getting all of this premium and you’re not having to pay any claims. And so now, the phenomenon again, with technology, is such that: ‘let’s make sure that the way we bill our best clients is the most efficient way of doing it.'”
For the latest news, videos, and podcasts in the Software & Electronics Industry, be sure to subscribe to our industry publication.
Follow us on social media for the latest updates in B2B!
Twitter – @TechMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale
Latest
Insights on the status of the AV Industry Supply Chain
In a time when the AV industry supply chain faces unprecedented challenges, understanding its current status and future trajectory is crucial. In this week’s segment of “Dear Matt,” presented by Vistacom, host Matt Boyer, the Director of Technology at Vistacom, brings his over 30 years of experience in the audiovisual industry to the status […]
Empowering Futures: How FoodCorps is Revolutionizing Education and Community Well-being through Food
Curt Ellis and Rob Harvey, co-CEOs of FoodCorps, are at the forefront of a transformative movement in school food education. They are focused on empowering futures through their innovative approach. Their mission intertwines the essential elements of health, joy, and empowerment, fundamentally recognizing the role of food not only as sustenance but as a […]
Healthcare Startups Need More Than Innovation
Healthcare startups need more than innovation; they require dynamic leaders willing to take these endeavors beyond the ordinary into uncharted waters to generate unparalleled success and lead the industry forward. In the latest episode of The Healthcare Rethink Podcast, host Brian Urban sits down with multifaceted healthcare leader Jonathan Baktari, MD, CEO of eNational […]
