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Posted by / 05-Jun-2020 02:03

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For insurers, chatbots can be their own distinct channel as well as augmenting existing channels, supporting a multi-channel world.

Chatbots are growing in use and importance In Majesco’s Future Trends 2017 Report, we discussed the impact and potential of chatbot growth.

A savvy insurance technologist can easily begin to draw the lines between that kind of intelligence management and its potential when linked to chatbot advisory and directive services.

In an era where impatience is growing and speed is rewarded, chatbots can dramatically improve service levels and meet or exceed expectations.Chatbots offer immense potential for customers to interact with an insurer, through direct interactions within messaging or other social media apps.Other technologies and their impact on chatbots The “automated home” race between Amazon’s Alexa, Google’s Home, Apple’s Home Pod/Siri and many other technology providers will enhance chatbot adoption and use.said that 80% of businesses will be using chatbots by 2020, with 42% believing that chatbots will improve the customer experience.In addition, 29% of customer service positions in the U. could be automated with chatbots or other technology.

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That is interesting, considering that chatbots and AI will likely have a greater overall impact than many of the up-and-coming technologies we have grown to accept, such as autonomous vehicles. Text-based or voice-carried artificial intelligence and service-focused functions can readily swap with current human-based adviser/service functions.