Announcements Software for the Insurance & InsurTech Industry
Improve feature adoption and retention by announcing new features and keeping users informed about key events. Tailored for insurance & insurtech companies to address industry-specific challenges.
Challenges in Insurance & InsurTech
Insurance platforms handle policy management, claims processing, and underwriting workflows where accuracy is critical and regulatory oversight is intense. Both agents and policyholders need clear guidance to navigate complex insurance products and processes.
Policy application abandonment rates exceed 50% due to complex forms and jargon
Claims submission errors cause processing delays and customer dissatisfaction
Agents struggle to cross-sell products because they cannot navigate the quoting system efficiently
Regulatory changes require rapid retraining of agents across multiple states
How Produktly Announcements Helps Insurance & InsurTech
Everyone loves new features! Announcements are a great way to highlight your new updates and keep customers in the loop.
Announce New Features
- Easily announce new features so users stay up to date.
Rich Text Editor
- Embed videos, images, and GIFs to make announcements engaging.
Targeted Delivery
- Show announcements to the right users at the right time.
Use Cases for Insurance & InsurTech
Policy application completion optimization
Guide applicants through insurance questionnaires with contextual explanations for industry-specific terms like 'aggregate limit' and 'deductible options.' Break multi-page applications into clear steps with progress tracking to reduce abandonment.
Claims submission guidance
Walk policyholders through filing a claim with tips on required documentation, photo evidence, and timeline expectations. Reduce claims processing delays by ensuring first submissions are complete and accurate.
Agent cross-sell enablement
When agents view a customer profile, surface smart tips highlighting cross-sell opportunities based on the customer's existing coverage gaps. Guide agents through the quoting workflow for unfamiliar product lines to increase revenue per customer.
Key Metrics to Track
Policy application completion rate
Claims first-submission accuracy
Agent quoting speed
Self-service claims submission rate
Frequently Asked Questions
How do digital adoption tools improve policy application completion?
Interactive guidance breaks complex applications into manageable steps, explains insurance jargon in plain language, and validates inputs in real time. This typically reduces application abandonment by 25-40% and decreases the number of applications returned for missing information.
Can tours help insurance agents learn new product lines?
Yes. When an agent navigates to an unfamiliar product quoting page, a contextual tour can walk them through coverage options, rating factors, and common bundling strategies. This just-in-time training is far more effective than classroom sessions for product launches.
How do InsurTech companies handle multi-state regulatory differences?
User segmentation by state allows you to show state-specific guidance and disclosures. When regulations change in a particular state, you can push targeted announcements and updated workflow tours only to agents operating in affected states.
Other Features for Insurance & InsurTech
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Product Tours for Insurance & InsurTech
Checklists
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Feedback Widgets
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Smart Tips
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Tool Tips
Tool Tips for Insurance & InsurTech
Roadmaps
Roadmaps for Insurance & InsurTech
NPS Widgets
NPS Widgets for Insurance & InsurTech
Micro Surveys
Micro Surveys for Insurance & InsurTech
Changelogs
Changelogs for Insurance & InsurTech
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