Trellis

🌐 The 2024 Global Insurance Outlook from Deloitte is shedding light on the predictions for the industry's transformative journey. 1️⃣ 𝗛𝗲𝗶𝗴𝗵𝘁𝗲𝗻𝗲𝗱 𝗿𝗶𝘀𝗸 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: Global risks, from climate change to cyber threats, are pushing insurers to reevaluate their role as "financial safety nets" for society. 2️⃣ 𝗣𝗿𝗲𝘃𝗲𝗻𝘁𝗶𝗼𝗻 𝗼𝘃𝗲𝗿 𝗿𝗲𝗮𝗰𝘁𝗶𝗼𝗻: Insurers are shifting gears, realizing that proactive prevention is key. This change aligns with a customer-centric focus, aiming to prevent losses rather than simply reacting to them. 3️⃣ 𝗧𝗲𝗰𝗵-𝗱𝗿𝗶𝘃𝗲𝗻 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿-𝗰𝗲𝗻𝘁𝗿𝗶𝗰𝗶𝘁𝘆: To achieve a customer-centric model, the industry is leaning into advanced technology adoption. This shift requires cultural modifications, breaking silos, fostering collaboration, and ensuring accessible customer data. 4️⃣ 𝗠&𝗔 𝗱𝘆𝗻𝗮𝗺𝗶𝗰𝘀: Despite a slowdown in M&A activity, projections hint at a potential surge in deals in 2023 and 2024, driven by easing interest rates and inflation. Notably, Insurtechs continue to be at the forefront of acquisition strategies. 5️⃣ 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝘀 𝗮 𝗰𝗼𝗿𝗲 𝗺𝗶𝘀𝘀𝗶𝗼𝗻: Beyond financial roles, insurers are evolving into sustainability ambassadors. The industry's mission extends to influencing purpose-driven decisions across sectors, contributing to a better workplace, marketplace, and society. Read more at https://buff.ly/2rXf3Td. #fintech #insurtech #financialinstitution #banking #neobank #technology #embeddedinsurance #insuranceinnovation #insurancetechnology #insurance #insuranceproducts #autoinsurance #homeinsurance #insurancepolicy #techinnovation #innovation

Looking to enhance your financial offerings? Discover the potential of embedded insurance! By seamlessly integrating insurance data, recommendations, comparisons, and purchase capabilities into your existing customer journeys, FIs, and Fintechs can create a whole new level of convenience and value. ✅ 𝗕𝗼𝗼𝘀𝘁 𝘂𝘀𝗲𝗿 𝗲𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Over 80% of US adults have P&C insurance that renews 1x-2x annually, providing ample opportunities to connect with customers. ✅ 𝗚𝗮𝗶𝗻 𝘃𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Enhance your understanding of customers through value-adding data points. A deeper understanding allows you to tailor your core products and services to customers' specific needs, offering personalized solutions that resonate. ✅ 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝘆 𝘆𝗼𝘂𝗿 𝗿𝗲𝘃𝗲𝗻𝘂𝗲: Insurance is a significant part of households' annual spending. By expanding your offerings to include insurance, you can tap into this sizable market and diversify your revenue streams, boosting your bottom line. Excited to explore the world of embedded insurance? Visit https://buff.ly/3gMthPN to Learn how our solutions can empower your business and transform customer experiences. #fintech #insurtech #financialinstitution #banking #neobank #technology #embeddedinsurance #insuranceinnovation #insurancetechnology #insurance #insuranceproducts #autoinsurance #homeinsurance #insurancepolicy #techinnovation #innovation

🤔 A recent Trusted Choice survey revealed that 69.3% of Americans are giving their policies a second look, with 45.8% citing rising premiums. Consumers prioritize cost, with 83% willing to switch providers for lower premiums and 59.5% for better coverage. Notably, 56.3% prefer agent-based purchases. At Trellis, we cater to diverse preferences, delivering an omnichannel experience for both online shoppers and those who prefer agent interaction. Partnering with us ensures you provide a comprehensive and personalized insurance journey. Dig into the survey specifics at https://buff.ly/3RsPTnj. 🔍 🏡🚗 #fintech #insurtech #financialinstitution #banking #neobank #technology #embeddedinsurance #insuranceinnovation #insurancetechnology #insurance #insuranceproducts #autoinsurance #homeinsurance #insurancepolicy #techinnovation #innovation

🏡🚗 Trellis can help ease your way into offering insurance to your customers! Explore our white paper to uncover the transformative capabilities of Trellis' cutting-edge API technology, reshaping the landscape of home and auto insurance experiences. Here are four compelling reasons to consider partnering with us: 1️⃣ 𝗕𝗲𝘀𝘁-𝗶𝗻-𝗰𝗹𝗮𝘀𝘀 𝗱𝗮𝘁𝗮 𝗰𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝗼𝗻: Simplify user data input with Trellis Connect, bidding farewell to cumbersome forms. 2️⃣ 𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗼𝗺𝗻𝗶𝗰𝗵𝗮𝗻𝗻𝗲𝗹 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲: Provide customers with a personalized insurance journey, from data collection to personalized support. 3️⃣ 𝗧𝗮𝗶𝗹𝗼𝗿𝗲𝗱 𝗵𝗼𝗹𝗶𝘀𝘁𝗶𝗰 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀: Gain access to 150+ carriers, including industry leaders. 4️⃣ 𝗦𝘂𝗽𝗲𝗿𝗶𝗼𝗿 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀: Trellis maximizes user value through data-driven insurance matching and needs-based marketing. Curious to learn more? Delve into the details by downloading our white paper at https://buff.ly/3tbbetn. #technology #fintech #insurtech #financialliteracy #financialwellness #fintechnews #techinnovation #innovation #leadership #thoughtleadership #podcast #trellis

🌟 Unlock your potential with us! 🌟 We're on the lookout for exceptional talent to join our dynamic agent team. Discover a role that offers: 💠 𝗨𝗻𝗰𝗮𝗽𝗽𝗲𝗱 𝗰𝗼𝗺𝗽𝗲𝗻𝘀𝗮𝘁𝗶𝗼𝗻 – Top performers earn $100K+/year, with the best agents exceeding $160K. 💠 𝗚𝗿𝗲𝗮𝘁 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 – Fully remote opportunity, unlimited PTO, 100% employer-paid health insurance (60% for dependents), and equity ownership options. 💠 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝘃𝗲 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁 – Engage in collaborative mentorship and teamwork. 💠 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗱 𝘁𝗼𝗼𝗹𝘀 – Leverage cutting-edge technology to create the right insurance proposals. 💠 𝗗𝗶𝗿𝗲𝗰𝘁 𝗲𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁 – No management disconnect; even the CEO connects with customers weekly. Apply now at https://buff.ly/47jqm64 #hiringnow #insurtech #insurance #startupjobs #wearehiring #hiring #Trellis

Explore the latest trends in U.S. auto insurance shopping with the LexisNexis Insurance Demand Meter. This quarterly report, based on billions of real shopping transactions, provides valuable insights. In Q3 2023, the market saw near-record shopping volumes driven by rate increases, labeled as 'Cool' activity. However, 'Hot' new policy growth was observed, with insurers adding record volumes, especially in August and September. Gain comprehensive insights and understand the impact of inflation on the market. Download the report at https://buff.ly/471qXIY for a closer look at consumer behavior and the influence of vehicle purchases, including data on electric and hybrid vehicles. #fintech #insurtech #financialinstitution #banking #neobank #technology #embeddedinsurance #insuranceinnovation #insurancetechnology #insurance #insuranceproducts #autoinsurance #homeinsurance #insurancepolicy #techinnovation #innovation

🎉✨ As we bid farewell to another remarkable year, we want to express our deepest gratitude to our incredible customers and dedicated employees who have made it truly special. Your trust and commitment have been the driving force behind our achievements.🎆 🌟 In the coming year, we're excited to continue this journey together, exploring new possibilities. May the New Year bring you success, joy, and prosperity. Here's to fresh beginnings, shared accomplishments, and a future filled with opportunities. 🎊 #NewYear2024 #HappyNewYear #insurance #fintech #insurtech #technology

Insurance is complicated – The average consumer is overwhelmed by terms and coverages only experts understand. That is a big reason over 80% of consumers start their insurance journey online, but only 25% finish it there. Savvy provides advice and direct assistance to these customers by phone, email, or text. Our experts can assist consumers by offering coverage advice, binding a new policy, and even getting a refund from their old policy. Learn more about our solutions at https://buff.ly/3gMthPN. #fintech #insurtech #financialinstitution #banking #neobank #technology #embeddedinsurance #insuranceinnovation #insurancetechnology #insurance #insuranceproducts #autoinsurance #homeinsurance #insurancepolicy #techinnovation #innovation

🌟 This holiday season, we're inspired by the stories of resilience our agents encounter daily. We serve customers from all walks of life because insurance should be an accessible tool that helps people achieve their financial goals and protect what is important to them. Our dedicated agents are helping those facing financial challenges find affordable solutions, contributing to their journey toward stability. 🤝🌈 Listen to this touching interaction that shows how insurance options and a helpful insurance agent can make a difference. #fintech #insurtech #financialinstitution #banking #neobank #technology #embeddedinsurance #insuranceinnovation #insurancetechnology #insurance #insuranceproducts #autoinsurance #homeinsurance #insurancepolicy #techinnovation #innovation

Recently, notable attendees shared their diverse views on insurtechs’ impact during Insuretech Connect. Some emphasized its role as a liberator, freeing innovators from outdated processes. Others noted a shift from disruption to enabling technology and fostering collaboration. Partnerships over disruptive rhetoric are highlighted, especially in areas like mobile and digital. Overall, insurtech is seen as driving accessibility, efficiency, and innovation in the insurance industry. Read more opinions on the impact of insurtech companies at https://buff.ly/3GgbES9. #fintech #insurtech #financialinstitution #banking #neobank #technology #embeddedinsurance #insuranceinnovation #insurancetechnology #insurance #insuranceproducts #autoinsurance #homeinsurance #insurancepolicy #techinnovation #innovation