These apps are designed for policyholders to update policies, file claims, and facilitate communication between insurers and the insured.
This app aids insurance agents in closing sales more efficiently by providing access to customer policy history, filed claims, and other relevant information.
Emerging trends include apps that work in tandem with in-vehicle sensors. These IoT-based apps monitor driving habits and dynamically adjust premium costs based on behavior.
Peer-to-peer insurance apps involve individuals pooling their insurance payments, and a single entity makes decisions about compensation in the event of an accident.
Insurance apps are even based on industries. For example, health insurance, car insurance, trade insurance, etc.