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Finding the right vendor match can be a big task.
Sending cancellation messages via text message on the day of renewal reduced cancellations by 52%, insured.io reports.
Insurers that fail to cook up the right recipe for applying data and analytics to their business will find themselves playing catchup.
The sector's success is largely pegged to a favorable pricing environment and growing demand from hard to place risks.
A survey from Sprout.ai shows what customers care about most in the claims process is their trust in a fair decision.
Nearly 80% of CISO said API security is a higher priority today than it was two years ago.
Citizens is expected to hit 1.7M policies with $654B in total insured value by the end of this year.
Florida insurance attorneys say new laws add insult to injury as premiums see double-digit increases.
Insurance reforms passed in 2022 are a 'game changer' for Florida's market and helped move the needle on this deal, Slide CEO tells PC360.
The annual profit margins of insurance companies are getting squeezed, even as premiums are going up for products like home insurance.
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