InsuredMine

MAY 14, 2025

The insurance industry is undergoing a digital transformation like never before. Modern insurance customers demand speed, simplicity, and transparencyand insurers must adapt or risk falling behind. Here are seven key customer engagement trends that will shape the insurance industry in 2025.

Insurance

Majesco

JULY 24, 2025

P&C and L&AH share many of the Top-of-Mind issues, and both segments are taking steps to rethink their business, simplify complexity, and address financials and growth by utilizing next-gen insurance technologies. Best, May 2, 2024 The post Insurers Top of Mind Issues Point to Shifting Technology Mindset appeared first on Majesco.

Insurance

Simply Insurance

JUNE 24, 2025

Loss assessment coverage can vary based on your deductible choice, providing additional protection for shared property damage or liability claims. Getting Condo Insurance Rates By Condo Value Condo Insurance Quotes Property Value The value of your condo plays a crucial role in determining your insurance rates.

Insurance Quotes

LexisNexis

FEBRUARY 25, 2025

Yotis , content manager for insurance on the Practical Guidance team for LexisNexis® We asked Yotis, a frequent contributor to State Net® Capitol Journal articles, to outline for us what she believes will be the top compliance issues for the insurance industry this year.

Insurance Industry

Zywave

JUNE 19, 2025

Learn how connecting your existing tools and data sources with insurance APIs can transform your organization. This report outlines the key elements that insurers need to consider when choosing a stand-alone rating engine. Learn how connecting your existing tools and data sources with insurance APIs can transform your organization.

General Liability

Simply Insurance

JUNE 13, 2025

Coverage limits play a significant role in determining your monthly insurance premiums. Higher coverage limits typically result in higher premiums, but they also provide greater financial protection in the event of a claim. A $1 million life sciences insurance policy typically costs around $500 per month.

Insurance Quotes

Majesco

JULY 10, 2025

It will be made possible by a growing willingness by customers to share their personal data, coupled with an insurer’s ability to analyze it and use it effectively to underwrite and personalize offerings. Customer data-sharing could lower premiums, improve claims ratios and engage customers who otherwise would have opted out.

Insurance

Simply Insurance

JUNE 5, 2025

Our Pacific Life Insurance Review shows you how to get the fastest underwriting and the lowest rates for your term life policy. Pacific Life has very competitive underwriting for a range of health conditions, however, they have more favorable ratings for people without any health issues. Why Should You Care About A.M.

Life Insurance

Simply Insurance

JULY 1, 2025

State Farm Car Insurance State Farm is a trusted name in the insurance industry, offering reliable coverage and excellent customer service. Liberty Mutual Car Insurance Liberty Mutual offers a range of coverage options and discounts, making it a popular choice for Illinois drivers.

Insurance Quotes

Triple-I: Workers Compensation

JUNE 25, 2025

policy actions was a major concern for thought leaders on the “Economics, Underwriting, and Geopolitics” panel at Triple-I’s Joint Industry Forum in Chicago. P/C replacement costs will likely rise throughout the industry, leading to higher claim payouts and, consequently, premium rates. alone, according to the U.S.

Policy

Simply Insurance

JULY 6, 2025

Our SBLI Life Insurance Review shows you how to get the lowest rate for your term life insurance policy. Especially if you have pre-existing conditions such as sleep apnea, or need more than $2 Million in life insurance. Best like the JD Power of the insurance industry, they have been around for over 117 years.

Life Insurance

LexisNexis

JULY 16, 2025

So far this year, bills aimed at limiting the use of AI in underwriting and claims have been introduced in at least 17 states. Jennifer Bradley (R), which would have required all claim denials to be approved by a human, not AI alone. Insurers generally like AI because it can drive down the cost of processing claims.

Insurance

Simply Insurance

JUNE 7, 2025

Transamerica Pros And Cons Pros Electronic Application Multiple Policy Options Short Application Forms Faster Than Average Approval Speed Cons Policy Delivered By Snail Mail If you have pre-existing conditions such as sleep apnea, or need more than $1 Million in life insurance you will probably need to complete a medical exam to get covered.

Life Insurance

Triple-I: Homeowners Insurance

JUNE 5, 2025

Additionally, unmarried couples should be informed about whether the insurer includes both partners’ names on a policy and how this provision affects them in the event of a claim. ” Triple-I works to advance the conversation around crucial issues in the insurance industry, including Talent and Recruitment.

Protection

Simply Insurance

JUNE 7, 2025

Protective Life offers a wide verity of insurance products and additional insurance riders. Even through their underwriting process is longer than average, they still have some of the most lenient underwriters in the industry. They underwrite their own policies as well as for their subsidy properties.

Life Insurance

Triple-I: Business Insurance

APRIL 18, 2025

President Donald Trump are on track to increase the price of parts and materials used in repairing and restoring property after an insurable event. Analysts and economists, predict these price hikes will lead to higher claim payouts for P&C insurers and, ultimately, higher premiums for policyholders.

Insurance

Prof. Allan Manning

FEBRUARY 24, 2023

During that time we have assisted thousands of claimants with their claims, and introduced world leading online services that take the lessons learned from claims, and use them to assist brokers and underwriters be better at their job, and to move the emphasis from price to protection.

Insurance Industry

Majesco

AUGUST 8, 2024

The business value of intelligent, AI-powered underwriting solutions, business processes and operating models is driving operational efficiencies, productivity, and profitability. As reflected in Majesco’s 2022 Strategic Priorities Research , 25-30% of insurers have implemented a digital underwriting workbench.

Underwriting

Redbird Agents

NOVEMBER 15, 2024

Recruitment: The Backbone of the Insurance Industry Insurance recruiting is more than a necessity—it’s a strategy. Strategic Recruitment Methods for Insurance Agencies Recruiting isn’t just about filling open insurance jobs—it’s about assembling an insurance team that can deliver results.

Building

Zywave

DECEMBER 18, 2024

Educational events bring industry expertise from around the globe, facilitate networking Leading insurtech provider Zywave has announced its lineup of acclaimed insurance industry thought leadership events for 2025. Registration is now open: [link].

Insurance Industry

Accenture: Cyber Insurance

NOVEMBER 30, 2021

As we wrap up 2021, it seems appropriate to revisit predictions we made for the insurance industry this year. I put forward my hypotheses last December in my post, 5 predictions for the insurance industry in 2021. Let’s see how those predictions held up. 1.

Insurance Industry

InsuredMine

DECEMBER 26, 2024

Insurtech: The Game-Changer Insurtech, a fusion of “insurance” and “technology,” refers to the innovative use of technology to improve the efficiency and effectiveness of the insurance industry.

Risk

InsuredMine

OCTOBER 25, 2024

With only two months left in the year, we’re gearing up to kickstart 2025, and the insurance industry stands at a critical crossroads. The integration of AI, blockchain, the Internet of Things (IoT), and advanced data analytics offers tangible solutions to the industry’s most pressing problems. trillion by 2025.

Risk

American Agents Alliance

MARCH 3, 2025

AI has rapidly transformed the insurance industry and more changes will continue as the technology and use cases mature. New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry.

Broker-Agent

Distinguished

JULY 8, 2024

A: There are several important considerations including: Specialty coverage that caters to the hotel industry risks and exposures. Underwriters with hospitality industry knowledge and expertise. Dedicated claims team experienced in hospitality-related losses. Q: What states is this available in? A: There is no age limit.

Insurance Broker

Boston ERISA & Insurance Litigation

DECEMBER 5, 2024

To me, the consistent theme that underlies all of the discussion is the ability of AI tools to improve the industrys ability to understand, interpret, manipulate and manage massive amounts of data (and also the risks of bad faith claims from doing so).

Premium

Final Expense Brokerage

MAY 10, 2024

You need to have a thorough understanding of different policy types, such as term life insurance, whole life insurance, and universal life insurance, to effectively advise clients on their options. Obtaining the Necessary Licenses and Certifications To become a life insurance agent, you must meet certain licensing requirements.

Life Insurance

Scott Insurance

JANUARY 28, 2022

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. Underwriting is extensive and involves separate applications/questionnaires and an extensive review of historical claims.

General Liability

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market.

Property Insurance

InsuredMine

MAY 2, 2024

Or what if your home insurance could send you alerts about potential risks and offer customized coverage options? These kinds of innovative services are becoming a reality thanks to insurtech, the use of technology to revolutionize the insurance industry. You might be thinking, “APIs?

Insurance

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Opaque, ill-defined language empowers predatory “ billboard attorneys ” to define these terms themselves, contributing to pervasive policyholder distrust, said Jeff Sauls, Farmers Insurance head of legislative affairs. We want to pay claims as expeditiously as possible…. Attorney advertising – estimated to total over $2.4 court cases.

Out-Of-Pocket

American Agents Alliance

JULY 5, 2024

And when it comes to the insurance industry, having data and using it well has become a differentiator. Review prior claims and losses and use data this data to identify the highest-risk areas of the agency. Improve underwriting accuracy using data. Data helps drive business decisions, define strategy, and develop ideas.

Risk

Majesco

OCTOBER 24, 2024

Integrating AI allows these teams to achieve high precision and efficiency, similar to its impact on the insurance industry. By integrating AI into their core processes, professional racing teams can achieve unprecedented levels of precision and efficiency, mirroring the transformative impact AI has on the insurance industry.

Insurance

Protect Commercial Insurance

DECEMBER 6, 2024

This era gave rise to specialised insurance products, covering factories, railways, and an expanding workforce. By the 20th century, the insurance industry began to reflect broader societal shifts. – Fraud Detection : AI’s capability to detect anomalies makes it a powerful tool against fraudulent claims.

Commercial Insurance

Majesco

MAY 23, 2024

Can insurers fill the bucket with the right premiums as fast as claims pour out potential profits? It’s about rethinking underwriting and claims as well as rethinking risk resilience. They suggest digitalization can be a force for closing insurance protection gaps. This is a reaction, not a long-term solution.

Risk

Shield Insurance Agency

AUGUST 1, 2024

Shield Insurance Agency in Hudsonville, MI is now hiring! Now Hiring Insurance Customer Service Rep and Account Manager Duties: Provide timely, professional, accurate, communication to clients, your team, carrier representatives, and underwriters.

Insurance Agency

Majesco

APRIL 25, 2024

Policy management flows smoothly from shortstop (underwriting) to second base (billing) to first base (customer service). It’s a double play—claims processed swiftly, premiums collected seamlessly, and customers satisfied. The insurance infield turns grounders into outs, just as MLB infielders turn hits into double plays.

Premium