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Inside Chubb’s Agency-Centric Digital Marketplace and Its Digital Strategy
In a display of activity that could make InsurTechs jealous, some 900-1,000 agents log onto Chubb Marketplace daily. The Marketplace, a project that is "digitizing the agent experience" in ...
Move Over InsurTechs: Chubb’s Digital Marketplace Is Live and Serving 1,000 Agents a Day
Giant global insurer Chubb is on a mission to transform itself into a digital enterprise. The company is making substantial investments in digital technologies including cloud, mobile, APIs, ...
Chubb Marketplace: Design Principles and Key Features
According to Bennett "BC" Verniero, senior vice president of Business Solution Architecture at Chubb, there are four major principles that have guided the development and evolution of the company's ...
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap
The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the ...
Hurricane Florence Demonstrates Perils of Being Underinsured/ Uninsured, Says RMS
Hurricane Florence caused extensive freshwater flood damage in the Carolinas and parts of Virginia in September—and about 70 percent of those flood losses will be uninsured, according to RMS. "The ...
Why Writing Small Business Takes Thinking Big
According to the U.S. Small Business Administration, the United States has 29.6 million small businesses and more than a third of the U.S. working population is employed at businesses with fewer than ...
Better Answers or Fewer Questions; Two Sides to the Commercial Underwriting Improvement Coin
Commercial property/casualty insurance underwriting today is a complicated, often messy process. Many times the agent sends new business applications, loss runs and other documents (together known as ...
Cryptojacking: Where Stealth Meets Payoff
Most of us are well aware of ransomware and how prolific of an attack vector it has become. Attacks such as SamSam, WannaCry, NotPetya, Petya and others have resulted in significant economic damage ...