Intelligent SME.tech Issue 43 | Page 32

intelligent

// FEATURE //

WE ’ VE SEEN POSITIVE , BUT
SLOW , CHANGES
ACROSS THE FINANCIAL SERVICES
SECTOR IN THE LAST FEW YEARS . have many other considerations to juggle every day .
Now , the insurance industry must develop products that adapt in line with the evolving needs of SMEs , and build quicker , more streamlined and bespoke policies . This shift has the power to bring on an industry-wide transformation for faster , better and more accessible insurance for all .
We ’ ve seen positive , but slow , changes across the financial services sector in the last few years . However , if insurance providers cannot adapt to more accessible and personalised , consumer-centric models , they will simply not survive in the years to come .
Ultimately , small businesses deserve better – and we now have an opportunity to rise to this challenge . I am very hopeful that our sector is poised for a pivot to success – both for us and for those SMEs we cover . �
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