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| Today's Headlines | August 27, 2021 |
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During COVID-19 lockdowns and other related challenges, many insurers began realizing the more urgent need to automate parts of their businesses to increase efficiencies and profitability. In fact, one such function that has received intense focus is transforming manual billing systems to digital payment platforms. While the pandemic was not the sole catalyst that kickstarted... read more | | |
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When the leader of Sompo International's Global Risk Solutions business describes a key stop on his path to the C-suite, he mentions the possibility that race and age were a hurdle in passing. "Look, there were a lot of people that felt at that point, 'Who is this young kid?' and many companies tended to... read more | | |
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The ability to deliver excellent customer experiences depends on your ability to understand and act on customer data. So why are most insurance core systems still built around policy numbers? Most insurance core systems vendors will tell you that they embrace customer-centricity, and yet every ... read more | | |
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The U.S. government on Wednesday said it would work with industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private sector executives to "raise the bar on cybersecurity." read more | | |
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Four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage Group— were among the participants in the White House summit on cybersecurity along with giant technology firms and Biden Administration officials. Here's their accounts of the meeting and what they pledged. read more | | |
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InShare has pulled in $7.5 million in seed financing designed to help it expand. The Arizona-based InsurTech hopes to provide insurance products and services to Sharing Economy platforms across Rideshare, Last Mile Delivery, Carshare, Homeshare, eMobility and related markets. read more | | |
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Ping An Insurance Group Co of China , China's largest insurer by market value, reported a 15.5% fall in first-half net profit after a 20.8 billion yuan ($3.2 billion) loss suffered on investments in beleaguered developer China Fortune Land Development Co Ltd . read more | | |
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At least six U.S. states, including Georgia, did not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson , which have been accused of fueling the nation's opioid epidemic, according to the states' attorneys general. read more | | |
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Berkshire Hathaway Specialty Insurance added an executive to its leadership team in Europe. QBE International boosted its Latin America focus with executive additions to its regional team in Miami and Houston. Zurich Insurance Group has its first ever group chief data officer. read more | | |
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| | Want to add a direct-to-consumer distribution channel to your sales line-up? ... read more | |
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| | GIACT's new report, Understanding Account Takeover 2021, discusses the impact ... read more | |
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| | Cyber insurance has become a significant issue for insurers. From being a ... read more | |
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| | The 2021 Future of Claims Study focuses on the acceleration in virtual claims ... read more | |
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| | Managing agent and agency onboarding is a business critical function for ... read more | |
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