carriers News
Customer Focus Is Key Ingredient for Future InsurTech Users
In her 1969 hit song "Both Sides Now," singer-songwriter Joni Mitchell looked at clouds and other metaphors of life both optimistically and pessimistically—and she felt uncertain about the future. ...
For Legacy Carriers, It’s About Technology With a ‘Human Touch’
The digital transformation of the insurance industry isn't just for InsurTech startups any more. At Allstate, 60 percent of claims are now filed with a cell phone application that allows ...
Cyber Attacks Double, as Carriers Better Protect Themselves: Accenture
Insurers are doing a better job protecting themselves from cyber attacks even as attempted breaches have nearly doubled, a new Accenture study has found. The percentage of successful global insurance ...
Survey Says: Millennial Insurance Workers Would Recommend Career to Others
Executives trying to attract more young people to the insurance industry as its workforce ages out can take heart in a new survey that shows millennials employees like what they see. About 82 percent ...
Texas Insurers, Larger Carriers Can Handle Hurricane Harvey Pressures: A.M. Best
Texas insurers and larger carriers that do business in Texas will see some strains from Hurricane Harvey and the historic rains and flooding that followed. But A.M. Best expects them to withstand the ...
Large, Tech-Savvy Insurers Will Excel With Big Data; Smaller Carriers Face Struggles
The insurers that will best incorporate data analytics into their daily operations have multinational scale and are already technology savvy in their underwriting practices, Fitch ratings concluded ...
W.R. Berkley Chairman Urges Greater Carrier/Agent Cooperation on Lowering Costs
Partnership and greater efficiency will help lead the way to continued profitability for the property/casualty insurance industry despite a new level of uncertainty globally, according to William R. ...