Today's Headlines | April 7, 2021 |
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Over the last several years, businesses across all industries have been busy implementing digital strategies and fundamentally changing how they operate and deliver value to customers. Yet, digital transformation is relatively new to insurance. With many carriers experimenting with technology to improve processes and generate new revenue streams, it is important to define what digital... read more | | |
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When putting together your organization's spring cleaning checklist this year, take time to consider how turbulent our lives have been from a social and business perspective. With a range of crises requiring remedial action for carriers, brokers and insureds, it is necessary to purposefully address these four key domains to safeguard people and processes: Human... read more | | |
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Telematics — specifically usage-based insurance rates (UBI), or "pay-as-you-drive" — has proven to be a game-changer in the auto insurance industry. In a May 2020 customer sentiment survey, J.D. Power found that 40% of drivers were contemplating UBI due to the potential cost savings. In a ... read more | | |
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CNA Insurance said it continues to make progress in restoring its operations following a March 21 cyber attack. read more | | |
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InsurTech Bold Penguin is making it easier for agents and small business customers to secure to coverage by the month or by the hour—through a partnership with InsurTech startup Thimble, Bold Penguin announced today. "Our secret sauce is we're selling these policies on all kinds of different time frames," Thimble Founder and Chief Executive Officer... read more | | |
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Coalition is linking up with Insureon to expand the reach of its cyber insurance and security tools. Cowbell Cyber has expanded into the New York market. read more | | |
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PricewaterhouseCoopers will give UK staff Friday afternoons off this summer and allow them to choose the amount of time they spend working from home as part of a post-pandemic shakeup of working patterns. read more | | |
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A U.S. judge has dismissed a lawsuit by residents of a suburban New York City county who accused the World Health Organization of gross negligence in responding to the coronavirus pandemic. read more | | |
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Insurers are teaming up with truckers to persuade state lawmakers to pass laws that they hope will cut down on fraud by tow truck operators. The Coalition Against Insurance Fraud announced Monday that it has formed a partnership with the American Trucking Association and the American Property Casualty Insurance Association to focus policymakers’ attention on the problems. read more | | |
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| Sprinklers prevent costly property damage. Mitigate risk, educate customers, ... read more | |
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| " When it comes to insurance, small business owners want straightforward ... read more | |
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| Watch on demand: Erie Insurance's Tim Shine shares the journey to digitize the ... read more | |
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| Is your insurance organization prepared to meet the heighted expectations of ... read more | |
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| Digital innovation is reshaping payments in the insurance industry. ... read more | |
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