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AI can bring huge benefits to the insurance industry. But for that to happen, industry leaders need to start approaching tech with a team mentality.
The need for new expertise, simply from a human capital perspective, is daunting for insurance.
At the heart of general liability insurance is coverage for a policyholder's liability for bodily injury and property damage caused by an occurrence. Since 1986, an occurrence has been defined in standard-form language as an accident, including continuous or repeated exposure to substantially the same general harmful conditions.
Insurers and agents may need to step in and educate their insureds as manufacturers continue to add more computerized driver assist features to vehicles.
The wholesale insurance industry experienced a stable, growing marketplace in 2017.
Here are some of the best cold-calling scripts around, and why they work so well.
Insurtech is now moving rapidly into commercial lines, where attention and intent are focused on impactful solutions.
Forget that theyre your parents or grandparents. If youre a millennial selling insurance, baby boomers are your best prospects.
Agents and brokers, insurers and policyholders have all learned from 2017's unrelenting hurricanes and wildfires, and will carry that knowledge with them going forward.
What is Americas primary business and how does it relate to insurance?
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Sorrell, CPCU" } ], "kickerNode": [], "summary": "Insurers and agents may need to step in and educate their insureds as manufacturers continue to add more computerized driver assist features to vehicles.", "body": null }, { "uri": "/2018/02/28/es-premiums-are-movin-on-up-infographic/", "title": "E&S premiums are movin' on up [infographic]", "byline": "National Underwriter Editorial Staff", "kicker": "", "prettyDate": "February 28, 2018", "timeToRead": "1 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/national-underwriter-editorial-staff/", "name": "National Underwriter Editorial Staff" } ], "kickerNode": [], "summary": "The wholesale insurance industry experienced a stable, growing marketplace in 2017.", "body": null }, { "uri": "/2018/02/28/cold-calling-is-only-as-good-as-the-script/", "title": "Cold-calling is only as good as the script", "byline": "Bill Good", "kicker": "", "prettyDate": "February 28, 2018", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/bill-good/", "name": "Bill Good" } ], "kickerNode": [], "summary": "Here are some of the best cold-calling scripts around, and why they work so well.", "body": null }, { "uri": "/2018/02/28/the-state-of-insurtech-in-2018/", "title": "The state of InsurTech in 2018", "byline": "Ilya Bodner", "kicker": "", "prettyDate": "February 28, 2018", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/02/tech-Business-Process_Innovation_Data-Analytics_iStock.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/ilya-bodner/", "name": "Ilya Bodner" } ], "kickerNode": [], "summary": "Insurtech is now moving rapidly into commercial lines, where attention and intent are focused on impactful solutions.", "body": null }, { "uri": "/2018/02/28/how-millennials-can-pursue-their-most-profitable-market/", "title": "How millennials can pursue their most profitable market", "byline": "Kevin Michael Patterson", "kicker": "", "prettyDate": "February 28, 2018", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/kevin-michael-patterson/", "name": "Kevin Michael Patterson" } ], "kickerNode": [], "summary": "Forget that theyre your parents or grandparents. If youre a millennial selling insurance, baby boomers are your best prospects.", "body": null }, { "uri": "/2018/02/28/lessons-learned-from-a-painful-year-in-insurance-2/", "title": "Lessons learned from a painful year in insurance", "byline": "Larry Chasin", "kicker": "", "prettyDate": "February 28, 2018", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/larry-chasin/", "name": "Larry Chasin" } ], "kickerNode": [], "summary": "Agents and brokers, insurers and policyholders have all learned from 2017's unrelenting hurricanes and wildfires, and will carry that knowledge with them going forward.", "body": null }, { "uri": "/2018/02/28/the-business-of-risk-2/", "title": "The business of risk", "byline": "Ken Brownlee, CPCU", "kicker": "", "prettyDate": "February 28, 2018", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/ken-brownlee-cpcu/", "name": "Ken Brownlee, CPCU" } ], "kickerNode": [], "summary": "What is Americas primary business and how does it relate to insurance?", "body": null } ] } }
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