LeO Blog

AI, AI, AI. The impact of the technological breakthrough of Artificial Intelligence has been noticed within the insurance industry and it’s evident that it has the power to cut off chunks of your work hours to free yourself for more strategic tasks. AI helps agents do things better, quicker and more efficiently. Targeting AI solutions have the capacity to pull in customers data and create profiles that can simplify the process of targeting. An agent can take advantage of cha

There is a big problem in the consumer insurance industry: the coverage gap. More than 40% of Americans have no life insurance. Leaving over 100 million Americans without any kind of life insurance coverage can pose those people many problems, but it is also posing problems for the insurers who write the policies, as life insurance policy purchases have decreased by over 8 million since 1984. People know they need life insurance, yet less and less of them are buying it. Why i

Every day, insurtech is innovating the insurance industry. Newer and better technologies are being created by the second, making more traditional insurance tactics and methods obsolete. This requires new technology adoption for those in the insurance world to stay on top. So, with this idea in mind, it definitely seems like a good idea to get to know some of the major players in the insurtech game to see what this innovation is all about. Lemonade Lemonade is a licensed ins