Tech Decisions September 2011
The class of 2011 has seen tremendous changes in the way the insurance industry operates and is eagerly positioning their companies to tackle the key issues that will likely face the industry in the next five years.
Underwriters traditionally carry a huge weight on their shoulders and in today’s world of information overload, the burden is multiplying. Automating some of the traditional underwriting decisions has helped carriers make quicker and better decisions and sharpened their focus on profit and productivity.
The outlook for commercial lines carriers often is cloudier than for their personal lines brethren. A commitment to change—and the mantra ease of business—is clearing things greatly for carriers and agents alike.
Local agents leverage ties with national carriers to earn social-media hits.
Building an underwriter relationship is more than personal affinity.
There may not be a nastier rivalry in all of college sports than between the University of Alabama and Auburn University. The two sides love to hate each other, yet when tragedy strikes, as it did in April, an entire state becomes one and chants of “Roll Tide” or “War...
The popularity of Facebook makes it a necessary marketing tool for any insurance agent or broker, but producers need to put the proper operating foundations in place to ensure success before launching their business site.
Weather Central, a provider of enterprise weather solutions and forecasting, announced an agreement with Progressive Insurance.
Personal auto insurance is already the most commoditized line of property/casualty insurance and is likely to become the most exact of the lines in terms of underwriting as insurers spread the movement known as usage-based insurance.
Insurance Software Deals Announced
Investing in new products sometimes means both sides share the risk.
Trends & Tech
Kindle’s Cloud Reader solution proves to be a winner.
Vendor selection means more than just casting a wide net.
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