A Commentary on Agents & Brokers By Paul Carroll "While agents and brokers certainly have to adapt to a more digital world, those who play their cards right are entering a golden age..."
Six Things Newsletter | October 12, 2021 By Insurance Thought Leadership In this week's Six Things, Paul Carroll highlights a heyday for independent agents. Plus, striking the perfect balance on AI; the case for cloud computing; why insurers will turn to sonic branding; and more.
A Heyday for Independent Agents By Paul Carroll "The growth and success of independent agent distribution—not direct marketing—has been the single most important trend over the past decade."
Fried Chicken and Customer Loyalty By Bill Wilson Customer loyalty, and thus retention and profitability, isn’t driven by cheap prices, AI bots, big data or nifty phone apps.
Clearing 4 Hurdles to Better Agency Tech By Jessica Collins-Appel While technology can provide huge benefits, agencies need to invest their time in understanding tools to get the most out of them.
Can You Automate Coffee and Donuts? By Alex Frommeyer Here’s a look at how the digital-first benefits shopping experience works – and why it works so well.
2 Areas of Focus for Distribution By Mark Breading Distribution partners are focused on two key areas – user experience and ease of doing business – and are looking to work with insurers.
Latest Insights on Customer Behavior By Mary Parsons Increasingly, people no longer view insurance as a transaction – instead, they see insurance as a part of their overall financial wellbeing.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.