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Home and auto insurance premiums are on the rise. Insurance companies sought to raise homeowners鈥 premiums by more than 11 percent last year, according to S&P Global Market Intelligence. And average auto insurance premiums are climbing even faster. In the latest [...]
$68 trillion. It鈥檚 a mind-blowing number. An estimated $68 trillion is expected to shift from the country鈥檚 oldest generations to younger generations over the coming years in what鈥檚 being called 鈥淭he Great Wealth Transfer.鈥 That鈥檚 nearly 10 times the 2024 U.S. federal budget ($6.9 trillion [...]
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Home and auto insurance premiums are on the rise. Insurance companies sought to raise homeowners鈥 premiums by more than 11 p [...]
$68 trillion. It鈥檚 a mind-blowing number. An estimated $68 trillion is expected to shift from the country鈥檚 oldest generations to younge [...]
Nobody likes wasting time and money鈥nd yet, insurance carriers present rate quotes for home and car insurance without knowing their rea [...]
If you鈥檙e an Insurtech innovator, it鈥檚 time for a rethink. After a red-hot funding cycle in 2021, investment in the Insurtech space is c [...]
As companies digitize their operations, they are increasingly relying on digital content to make business decisions. In the insurance indust [...]
Time to stop fraud in the insurance world Annually, in the P&C insurance world there is $40 billion in fraud. What used to be difficult [...]
Today, financial institutions need to be agile, fast, and flexible to keep pace with the changing market and customer dynamics. Digitizati [...]
Identity Resolution is at the Core In today鈥檚 digital world, identity resolution is more critical than ever. Whether consumers want to buy [...]
COVID-19 Gives New Meaning to Life Insurance Awareness Month September is Life Insurance Awareness Month, and there is no better time to re [...]
If your organization handles consumer data, it's time to start working on compliance with the California Consumer Privacy Act (CCPA). Th [...]
Calibrating premium to risk is crucial to your business 鈥 and the business of daily life for your customers. What if improving accuracy [...]
Insurers may face a conundrum when it comes to assessing a new policyholder鈥檚 prospective risk, especially if they lack a traditional credit [...]
Online consumers can make their purchase with various payment options, like credit card, Apple Pay or PayPal. As a result, insurers feel [...]
We often simplify 鈥渃ustomer experience鈥 to just the point-of-purchase. But it encompasses the entire buying process, from the start of the r [...]
Insurers Want to Give Customers a Better Digital Experience Insurance companies want to provide their customers with a frictionle [...]
Identify Theft is on the Rise -- Costing the Insurance Industry Billions During Halloween, children and the young-at-heart don co [...]
Consumers Expect a Better Customer Experience Technology is empowering consumers to demand a better customer experience, and this is causin [...]