How Virtual Agents Powered By Artificial Intelligence Can Transform Insurance

How Virtual Agents Powered By Artificial Intelligence Can Transform Insurance Jonathan Crane, Chief Commercial Officer, IPsoft As with most industries within the financial services sector, insurance is facing the dual pressures of needing to keep costs down in a competitive environment while maintaining satisfaction levels—and this can be seen very vividly in the area of customer service. The call center is typically the front line of customer support, and is often characterized by long waits and cumbersome menus. This leads to unsatisfactory experiences, and ultimately lost business. In addition, interactions with customer service staff can sometimes prove to be frustrating—and it only takes one bad call for a customer to leave, or even worse, voice their grievances on online forums or social media. One of the most common complaints is…


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