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.
Technical competence is never enough, at least not for inspiring excellence in execution in others, helping them to be better than the teams you're competing against.
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.
Exigen Services, Baseline Telematics PartnerJune 03, 2013The goal is for Exigen to help Baseline ease into new markets and gain new clients for its turnkey telematics-powered usage-based insurance program.
How Big Data Opens Up More Product Options to InsurersMarch 27, 2013In a world where some consumers are as curious about their own data as insurers are, carriers can use their analytical experience to tailor products to that need.
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.
What Defines a 'Mobile' Insurance Capability?February 13, 2013For insurers, the number of initiatives that fall under the "mobile" umbrella is increasing, thanks to the "internet of things."
Sprint Spotlights Analytics Expertise in UBI LaunchSeptember 05, 2012The wireless carrier sees usage-based insurance as a natural extension of its connected car focus -- but knows that its turnkey services must demonstrate analytic excellence to be picked up by insurers.
What Revived Telematics in the UK?August 17, 2012Aviva recently announced a new initiative that uses consumers' own mobile phones to gather driving data four years after it ditched usage-based insurance due to lack of interest. PwC UK's Jonathan Burdett tells I&T why the time was right to re-enter the bu
Allstate Crowdsources to Test Usage-Based Insurance ProductJuly 25, 2012Allstate crowdsources to test usage-based insurance product; employee, agency owner testing of Drive Wise product will provide telematics feedback about driving habits.
Sprint Jumps Into Usage-Based Insurance FrayJuly 19, 2012The wireless carrier worked on a pilot program with Esurance that it is now offering to the rest of the auto insurance industry.
