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MIL-OSI: Traffk Brings Hero Life Insurance Platform to Market

MIL-OSI: Traffk Brings Hero Life Insurance Platform to Market
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Traffk Brings Hero Life Insurance Platform to Market

How Data Can Help Communities Underserved by Insurance Industry

How Data Can Help Communities Underserved by Insurance Industry Share Article Data is essential to helping businesses make smart decisions and industries from every sector are beginning to incorporate data into daily business transactions. However, according to Traffk Co-founder and CEO Paul Ford, if the data is incorrect, it can be just as bad, or worse, than not relying on any data at all. Insurance is an essential safety net for many individuals and families, but many insurance policies are created based off of outdated legacy business models and systems. Often, the data companies have access to is unorganized raw material that needs to be cleaned, rationalized and transformed before it can be used to make decisions.

Traffk, JOTO PR Disruptors Latest Client, Brings AI-assisted Tech to Insurance Industry

Traffk, JOTO PR Disruptors’ Latest Client, Brings AI-assisted Tech to Insurance Industry Share Article A recent new client of JOTO PR Disruptors(TM), Traffk, shares a disruptive ethos with the Anti-PR(TM) firm as it works to rethink technology’s role in the insurance industry. Using AI-assisted data analysis and a cloud-based sales platform, Traffk offers a reimagined platform that is nimble and scalable. Insurance may not be an industry many associate with innovation, but even it is being disrupted by the latest technology. Technology is changing the way insurance companies do business to make it better for the end-users, whether they are prepared for that change or not.

Digitally Challenged Insurance Companies Missing Out on Opportunities if AI Not Embraced

Digitally Challenged Insurance Companies Missing Out on Opportunities if AI Not Embraced Share Article Outdated legacy insurance models are ruining the insurance industry. Data-driven insurance underwriting and distribution platforms can help insurance companies successfully embrace the digital age, according to Traffk, an insurance software developer and product platform. Most insurance companies don’t use a lot of data to create their products. They rely on demographic information that is 40 years old, and older. Insurance is an essential safety net but often the industry relies on outdated legacy business models and systems some based off of mortality tables that were developed in 1971 and 1984.

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