The Future of Digital Insurance Platforms By Paul Carroll Agent and Brokers Commentary: November 2023
Insurtech/Insurance Index — Q3 2023 By Rick Zullo Adam Chadroff After a Q2 rebound, insurtech carriers reversed sharply over Q3, hit by rising loss ratios and the resulting deceleration in growth.
Twisted Sister and the Local Agent By Jaimie Pickles Local agents keep being dissed--and keep winning. They'll continue to win, too, in the AI era. Rock on like Twisted Sister!
Automating Financial Underwriting in Surety By Tim Rotondi With automated financial underwriting, the provider can instantly quote and issue bonds that previously took hours or even days.
Why AI Can Help SMBs' Marketing By Dave Charest 60% of small businesses, including insurance agencies, that use AI or automation say their marketing is working more efficiently.
Unlocking the Power of Digital Payments By Chase Petrey Agencies can take the fear out of digitizing payments through C.A.R.D., which stands for Collect, Apply, Reconcile and Disburse.
Risk of Underinsurance as Inflation Soars By Beth Nelson Balancing inflation and claims payouts shows the importance of updating policy coverage.
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.
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.