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Applied Net 2016: Connected systems could increase insurers' ability to 'cross-sell' products

Mobile apps graphic

Technology is currently having the most impact on the insurance industry and customers are more likely to engage with insurance services via apps and websites.

Insureds are now interacting more than ever with connected systems and are seven times more likely to engage with insurance services that are quick and efficient.

At the Applied Net conference, Reid

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Amdocs buys EIS as insurtech giants consolidate

Major software and services provider Amdocs has entered the insurtech space by snapping up EIS for $340m (£250.14m) up-front, with further payments tied to the business achieving certain performance targets.

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