Use case API Management
- Business Model Innovation
- API Management
- Big Data
- Internet of Things
- Connected Car
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Millennials, people born after 1980, are "digital natives" who make heavy use of mobile devices and social media. The mobile channel to replace the web is the strategy to reach this generation.
This means that developers of mobile apps are the new insurance agents. APIs are the enablers for the Insurance industry to achieve results.
APIs help to develop new business models or enable developers to develop new apps. Apps for the Connected Car and Wearables whether or not including the Internet of Things. Some examples:
- APIs to use the features of a smartphone or tablet. As an insurance company, you can use the camera to take a picture of the damage, to make use of the GPS to identify the location and tag it with a date / time stamp. The voice recorder can be used to capture information from witnesses
- Partner APIs enables doing business with you. APIs enable each party to provide your insurance options to their customers. Think of members of trade unions, employers, supermarkets, Retail chain stores that offer your insurance to their employees or customers without any sales or marketing effort from your part
- Third-party APIs to offer insurance to customers from other industries such as providing car insurance through car dealers when buying a car, homeowners insurance through housing apps, holiday / travel insurance with travel apps and life insurance for people who get married or have children
Wondering how your organization can use APIs to generate new revenues or provide a better service to your customers? Please contact us. We tell you the possibilities and help you to make it happen!