These are exciting times to be in with the all-predictions-shattered growth of smartphones and tablets. According to a recent survey in 2011 smartphone ownership has reached 43% of all U.S. mobile subscribers and users in Europe, North America, Asia and China, smartphones are rapidly replacing traditional cell phones. This paper discusses how this explosive growth in the mobile market can be capitalized on by insurance companies in ways which are beneficial. As the below fact indicates, insurers the world over are looking for cheaper and more efficient distribution channels and the mobile channel seems the most feasible option among many other alternatives.
Insurance is a business with a difference where you not just selling a product to your customer but you are selling a bundle which includes not only the insurance product but a promise to be there for your customer when they need you the most and to provide all the essential services needed at the specific time. In view of this having a mobile arm for your business ensures that you are there for your customers 24 X 7 at the touch of a button.





