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Today's Headlines August 17, 2022

Amazon and Netflix: Role Models for Insurers? Really?

Technology is a useful servant but a dangerous master. —Christian Lous Lange It is far too easy for people, including those who should know better—such as insurance industry professionals, technology consultants, management consultants and analysts—to be overcome with the possibilities of technology and its various applications. They quickly become enraptured with the benefits of technology.... read more
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Q2 Commercial P/C Premiums Up 6.1%: CIAB

The second quarter of 2022 marked a full five years of premium increases across all lines of commercial insurance business, according to the latest report from the Council of Insurance Agents and Brokers (CIAB). The average premium increase across all lines of commercial business during Q2 was 6.1 percent compared with 5.7 percent during Q1... read more
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 Brand Spotlight 
Better Together: Smart Home Technology and Insurance

Insurance has long been a one-dimensional purchase – you buy it and keep the policy until you need it. The problem is that the interaction is largely one-sided, and most people never actually make a claim or reach out to their insurance company. However, the way ...read more
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The Latest Launches From BondExchange, SURE, Demex

BondExchange added another capability to its surety bond technology, introducing the BX Command Center for its agent partners. This update will allow agents to embed the BX underwriting and quoting engine on their agency's website, instantly issue riders online, including changes that affect premium, manage upcoming renewals and pending quotes, upload underwriting documents to specific... read more
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Aon Teams With University of California to Enhance Wildfire Modeling

Aon plc announced that its Impact Forecasting team will be collaborating with the University of California, Merced and the University of California, Los Angeles to implement the latest climate change science and research into Aon's U.S. wildfire catastrophe model. The academic collaboration will support the development of climate-conditioned fire danger indices through research on changes... read more
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SPONSORED BY: Talkdesk

Meet the first contact center solution purpose-built for insurance.

The insurance industry is at an inflection point caused by rising customer expectations coupled with tremendous pressure on growth and profitability. Financial Services Experience Cloud™ for Insurance is the only contact center solution built to unify the insurance customer journey and improve satisfaction, while empowering employees with automation and actionable insights.... read more
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Viewpoint: More Sweeping Cellphone Laws Reduce Crash Rates

It's common knowledge that texting while driving is illegal in most places. But what about tapping the screen of your cellphone to accept a faster route suggested by Google Maps? What if your phone is mounted on the dashboard? What if you're stopped at a red light? Is tapping the screen of your phone different... read more
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Executives on the Move at Liberty Mutual, USAA, Argo Group, AXA XL

Liberty Mutual has created two new leadership positions within Global Risk Solutions (GRS), its commercial and specialty (re)insurance unit. Effective Sept. 1, Crystal Ottaviano will join as GRS chief risk officer and Chantal Rodriguez will become Liberty Mutual Reinsurance chief underwriting officer. Ottaviano will report to GRS Chief Financial Officer Alison Erbig. Rodriguez will report... read more
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NAIC Passes Pet Insurance Model Act

The National Association of Insurance Commissioners (NAIC) has passed a Pet Insurance Model Act to establish appropriate regulatory standards for the growing pet insurance industry. "This model law establishes clear rules for the sale of pet insurance and provides important disclosures to pet owners interested in purchasing this product," said Beth Dwyer, superintendent of insurance... read more
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Research and Webinars

The State of Gulf Homes: 17 Million Single-Family Residences Analyzed

Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ...
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Insure Smarter with Highly Predictive Analytics & Insights

It is no easy feat to underwrite in the Gulf-adjacent states, but minimizing ...
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Carriers’ Top Priorities in Modern Digital Experience

For many carriers, providing an exceptional digital experience for agents is a ...
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Accelerating the Sales Process with Digital Engagement

The Property and Casualty (P&C) insurance industry is being dramatically ...
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The Changing Role of the Agent Portal

Leading insurers are already implementing digital engagement solutions for ...
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Media

EP. 44: What the COVID-19 Digital Threat Landscape is Teaching Insurers Post-Roe

InsurTech Newsletter


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