Saturday February 27, 2021
Bitcoin (BTC) $48,463.00   Ether (ETH) $1,534.21
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Services

On.Live extends insurance companies business through live online presence

Published by CryptoNinjas.net
05/08/2018
On.Live extends insurance companies business through live online presence

Insurance industry businesses underwrite insurance policies relating to property, casualty, liability and other general risks. In the UK alone there are over 500 individual companies covering the full spectrum of insurances from legal to personal property. In recent years, the whole industry is in steady growth, with a prediction of annual climb at a compound rate of 3.2% in years 2016-2021.

The UK insurance industry is worth around 55bn pounds in revenues and 4.2bn in profit annually. Yet in its report, the UK Department for International Trade doesn’t foresee any substantial growth in employment throughout the industry.

Companies have to compete relying on lower costs. Such situation puts some strain on current employers and forces companies itself to search for new trade channels to acquire new and maintain current clients. As the internet in developed countries is ubiquitous insurers are induced towards on-line expansion. But this is always expensive, especially if it comes to direct contact with advisors and something more, besides plain old chat on the company webpage.

It is worth noting that in UK 31.3% of the market is divided between 4 big players and the remaining 68.7% occupied by almost 500 other small firms. For them building custom online systems is not viable from economical and practical perspective.

There is where On.Live can provide a robust solution with tools to create direct sales and advisory channels. Ability to directly contact insurance clerks through live video feed simplifies the purchase and greatly shortens the whole process. All procedures proceed as in stationary office but with the comfort of its own home for the client and greatly reduced costs for the insurer.

Insurance agents are also able to reach potential policyholders and inform them of their options and advertising solutions for a fee, creating an additional revenue stream for their companies. There is also a benefit of instant customer feedback, allowing to underwrite innovative insurance policies that will solve challenges always present on the market. From the technical standpoint On.Live offers a complete solution with all tools for A to Z customer service for insurance business.

The team said:

“Sophistication and security of On.Live provides reliable operations of sales and advisory channels for an insurance company of any size. If you are in any industry which may benefit from a live online presence, please consider familiarizing yourself with the platform. We want you and your business to grow On.Live.”

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto platform NetCents to offer users access to DeFi protocols thru Vesto
Networks & Protocols

Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

02/27/2021
SmartKey to integrate with GeoDB to build the blockchain-based data ecosystem
Networks & Protocols

SmartKey to integrate with GeoDB to develop blockchain-based data ecosystem

02/26/2021
This was avoidable – The lost Bitcoin fortunes
Bitcoin

This was avoidable – The lost Bitcoin fortunes

02/26/2021
Bitcoin exchange Xcoins receives In-Principle Approval for Malta's VFA license
Crypto Exchanges

Bitcoin exchange Xcoins receives In-Principle Approval for Malta’s VFA license

02/26/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum
Crypto Exchanges

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Glow programming language brings smart contract simplicity to Cardano

Glow programming language brings smart contract simplicity to Cardano

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

02/27/2021
SmartKey to integrate with GeoDB to build the blockchain-based data ecosystem

SmartKey to integrate with GeoDB to develop blockchain-based data ecosystem

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
Bitcoin exchange Xcoins receives In-Principle Approval for Malta's VFA license

Bitcoin exchange Xcoins receives In-Principle Approval for Malta’s VFA license

02/26/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version