Start up ventures without legacy burdens enjoy a great opportunity for a forward-looking management team to really embed analytics and digital communications into their strategy, but others can leverage technology for specialty success, suggests Martina Conlon, Novarica.
The potential benefits of automated systems for new business and underwriting – in terms of speed, accuracy, cost reduction and improved service – make for a compelling value proposition.
What a new Gartner report terms "active loss prevention" could usher in a new era of insurer/policyholder cooperation in the prevention of loss of property and person — potentially reshaping consumers' perception of the value of the insurance industry.
New York Insurance Commissioner Ben Lawsky's criticism of captive reinsurance deals appears sensationalist in light of the yesterday's FIO report and industry-side statements.
What a new Gartner report terms "active loss prevention" could usher in a new era of insurer/policyholder cooperation in the prevention of loss of property and person — potentially reshaping consumers' perception of the value of the insurance industry.
Twitter activity around the IASA Educational Conference and Business Show increased this year with the promise of an iPad Mini to one prolific Tweeter. Here's some of the highlights.
Application Performance: A New Competitive Advantage in InsuranceJune 13, 2013Many insurers struggle to proactively monitor and manage application delivery chains. What does it take to deliver round-the-clock service, with applications that work everywhere, all the time?
3 Technologies Changing P&C Insurance DistributionJune 10, 2013The P&C industry is incredibly competitive, with companies big and small fighting for market share. Here are some of the technologies they're using to help differentiate their sales processes.
Could Brokers Encourage Telematics Adoption?March 26, 2013Basil Enan, CEO of online independent agency CoverHound, expressed interest in being the point person for telematics devices.
MetLife's Aggressive Distribution Strategy Reaches Business MarketNovember 27, 2012Following the company's pilot of individual life insurance "in a box" at Walmarts, the company has released a new selling system aimed at helping agents and brokers more easily identify potential solutions for the business market.
Does the ROI on Tablets Match the Growth Projections?July 13, 2012There are projections that enterprise tablet adoption in financial services and other industries could grow by 50 percent this year. What kinds of measurable returns are these investments generating?
Harleysville, Allied Execs Laud Nationwide's Support of Independent Agent ChannelJune 26, 2012Executives from Allied Insurance, which Nationwide acquired in 1998, and Harleysville, which was added to the fold last year, tell Insurance & Technology that the mothership provides invaluable reach and support to the once-regional players.
Is Insurance Always a Low-Touch Industry for Mobile?June 21, 2012Conventional wisdom states that insurers aren't reached as much through the mobile channel as other financial services sectors. But there's one unique aspect of the insurance industry for which that is not the case.
Allstate Selects Marketing Tech from SIM PartnersJune 08, 2012SIM Partners will manage data distribution and optimization for the carrier's agents, and provide a content management system and reporting for agents' websites.