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We always hear that the ‘future is here,’ especially at new technology product launches. Indeed, Google’s recent unveiling of Pixel Buds set hearts racing across the tech industry and wider afield. For those not yet in the know, Pixel Buds can translate 40 languages in real-time with huge implications for global commerce, translation services, and businesses worldwide. This is just one example of how technology can change an entire industry overnight. What, therefore, are some technologies you should be aware of as an insurance broker, and how can you keep ahead of the curve?

Software to improve communication

Seeing as we’ve already discussed the translating abilities of Pixel Buds, it makes sense to begin with technology that improves the way we communicate with each other. There’s a whole host of different software and platforms that have really opened up the way we communicate with our colleagues, locally as well as globally. We’ve got collaboration tools like Google Docs, messaging tools like Slack, and online phone tools like Skype. We really can talk and work with anyone in the world at any time. This opens up huge opportunities for collaboration with experts all over the globe.

Software to automate workflow

This is a great one for the time-poor broker. There are many different tools available now that you can schedule social media posts (like Hootsuite) or update your website for you. You can use software that helps identify opportunities and RSS feed software like Feedly that delivers relevant industry news to you on a daily or weekly basis.

Software to streamline admin

Admin is the bane of many brokers’ lives. The same goes for your clients. Wouldn’t it be great if there was a way to manage all your pesky benefits admin in one place? Luckily for you, CoverageSpace can do just that!

Preparing for the future

It’s a simple truth that you cannot prepare for something you don’t know about. Therefore, being clued up on the latest technology developments is the first step in getting ready for them. With Pixel Buds, there were several rumblings of the impending technology before Google actually broke the news of it. By regularly reading tech industry blogs and news, you can identify potentially industry-altering technology before your competitors are even aware of it.

The key to all technology is to not let it become the core of your business. Those who use their technology to help their business are in a far better place than those who stake their entire business model on it. If you’d like more tips on how to use technology to your advantage, check out our post Make sure you consider the end goal of any technology you use and make sure it is actually useful to yourself or your clients – and always keep a wary eye out for the Pixel Buds of the insurance industry.