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What Executives Need to Know About Predictive Analytics in 2020
By this time, most leaders in the insurance industry have heard of using predictive analytics to study previous patterns that can help businesses understand what could happen in the future. However, ...
The New IoT Insurance Wave: Small Commercial!
The growth of the Internet of Things (IoT) is a relevant trend for our hyper-connected society. A few years ago it was estimated that on a normal day, 127 new devices were connecting to the Internet ...
VC Funding Could Dry Up, InsurTech Exec Says
The days of VC funds and strategic investors throwing money at InsurTechs may be numbered, an InsurTech executive warned fellow startup leaders late last year during a presentation at an InsurTech ...
Carrier Challenge: Adopting AI Quickly Enough
The adoption of artificial intelligence is having a profound impact on many industries, including insurance. As it becomes more common, AI will also allow insurers to introduce new products, ...
Carrier Executive Viewpoint: Why We Should Get Involved in Tech User Groups
Today's technology user groups are booming. Independent agency principals, producers, tech staff and customer service representatives all see value when they join peers in gaining and sharing ...
How Broker Specialization Will Revolutionize Customer Experience
In today's landscape, forward-thinking agencies and brokers should avoid taking a one-size-fits-all approach by only targeting the general insurance market. The market is heading toward ...
4 Tech Solutions to Improve Your Loss Control Department
The loss control team for any insurance carrier has a wide array of responsibilities demanding their time, outside of what may be considered core functions. As one example, a large majority of a loss ...
No Disrupters Here: Agents and Brokers Have a Future
The idea of InsurTechs disrupting agents and brokers is so 2017. InsurTechs that empower traditional property/casualty insurance distribution channels are in style in 2019. According to executives ...