AgentSync
Banking and insurance are two closely related industries and both are heavily regulated to protect consumers when a bank doesn’t have the funds to honor its deposits, or when an insurance company doesn’t have the funds to pay its claims.
With claims costs continuing to rise, along with more assets located in areas at high risk for catastrophic disasters, insurers may be wondering what they can do to reduce expenses that are under their control.
Sure, technical debt can save your insurance business the money you would spend on new solutions, but it’s also costing you a lot in the long run.
When insurers lie, deceive, or otherwise misrepresent their products or services, they mislead their customers and could negatively influence their client’s decision making.
Mergers and acquisitions happen frequently within the insurance industry, encompassing insurance agencies, carriers, MGAs/MGUs, and insurance technology companies (insurtechs).
An FTC rule would ban noncompete clauses within employment contracts, even for gig-workers and freelancers.
If the U.S. or global economy falls into a recession, it won’t be the first time – nor will it be the last. Despite the urge to take your foot...
High inflation has driven hard market conditions in the insurance industry. Insurance leaders can use technology enabled solutions to address the impacts of inflation.
If any of these talented tech employees are looking for a new industry to call home, they may find a soft landing with insurance carriers looking to invest in technology and modernization.
Across the insurance distribution channel, everyone from the largest carriers to individual insurance consumers have witnessed a “digital transformation” to some extent in the past three years.
Manual processes in the insurance industry might be causing your team to go postal. Learn how you can save their sanity with modern insurance infrastructure.
Learn how investing in insurance technology during a recession can help lower expenses, improve ROI, and scale growth distribution.
Though AI technology has improved the slow, inefficient processes common in the insurance industry, the human touch is still a crucial element of insurance.
If Southwest’s breakdown taught us anything, it’s that no excuse is worth risking the damage that outdated technology can cause to your organization, employees, and customers.
Flood insurance does worlds of good for people who have it when they need it. But it’s far from a perfect system, in large part because so few people are covered, and the majority of the U.S. doesn’t accurately understand their risk of flooding.
