AI may replace some aspects of the role of insurance salespeople in the future. AI-powered chatbots, for example, can assist customers with simple inquiries and essential insurance quotes. Machine learning algorithms can analyze large amounts of data to determine customer preferences and identify potential sales opportunities.
However, it is unlikely that AI will completely replace the role of insurance salespeople, at least not shortly. Insurance sales is a complex process often involving building customer relationships, assessing their unique needs and risk profiles, and providing personalized advice and guidance. These are skills that are difficult to replicate with AI alone.
Furthermore, many customers prefer interacting with a human agent when making critical financial decisions, such as purchasing insurance. AI can augment the work of insurance salespeople by automating routine tasks and providing data-driven insights. Still, ultimately, it is likely that human agents will remain a critical part of the insurance sales process for the foreseeable future.
____________________
I think life insurance professionals (I hate using "agent" to describe what we are) will have a much easier life because commissions will go through the roof... I already see the power of AI working. The future is here for anyone wanting to grow as an intermediary. We have the best platform for anyone with a little insight. I like knowing I can be just part of the insurance sale. I personally like promoting the pros in the back office and still getting 50% of the commission. This way, I can scale my business.
Please do share your thoughts.
Happy Sunday!