InsuredMine

OCTOBER 25, 2024

With only two months left in the year, we’re gearing up to kickstart 2025, and the insurance industry stands at a critical crossroads. The integration of AI, blockchain, the Internet of Things (IoT), and advanced data analytics offers tangible solutions to the industry’s most pressing problems. trillion by 2025.

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Risk Insurance Industry Business Interruption Claim 59

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Opaque, ill-defined language empowers predatory “ billboard attorneys ” to define these terms themselves, contributing to pervasive policyholder distrust, said Jeff Sauls, Farmers Insurance head of legislative affairs. We want to pay claims as expeditiously as possible…. Attorney advertising – estimated to total over $2.4 court cases.

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Freeway Insurance

NOVEMBER 24, 2024

Lets take a drive through the history of auto insurance to learn howand why car insurance has evolved over time. Horse-Drawn Wagons to Horsepower: The Inception Getting insured is such a massive part of modern life, with policies covering everything from your home to your health.

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American Agents Alliance

MARCH 3, 2025

AI has rapidly transformed the insurance industry and more changes will continue as the technology and use cases mature. New efficient processes and workflows for underwriting, claims, policy administration, billing, and customer service have been implemented across the industry.

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American Agents Alliance

AUGUST 26, 2024

Sponsored Post: The past several years in the Auto Insurance Industry have been nothing short of disruptive. Proven Success in Hard Times If recent events have taught us anything, it’s that the insurance industry can change quickly. Here are three key areas of Aspire’s framework.

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Broker Broker-Agent Insurance Industry Auto Insurance 45

Bankers Insurance

SEPTEMBER 12, 2023

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss. WHAT IS A WAIVER OF SUBROGATION?

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Tosten Marketing

MARCH 31, 2025

For example, if you specialize in life insurance, your target might be married professionals in their 30s with young children. Analyze it to uncover trends in policy types, claim frequencies, and renewal rates. The insurance industry constantly evolves, so your marketing plan must adapt.

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Majesco

OCTOBER 10, 2024

Unfortunately, that example represents the broader market and has only intensified due to rising risk and claims costs. Many insurers are primarily focused on existing, traditional products, either with enhancements or a new version of the product, as reflected in Figure 2. Leaders differentiate themselves.

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Risk Auto Insurance Premium Underwriter 40

Tosten Marketing

MARCH 20, 2025

These content marketing strategies will improve your SEO performance and establish your agency as a trusted authority in the insurance industry. The next chapter will explore how local SEO tactics can further enhance your lead generation efforts, especially for insurance agencies targeting specific geographic areas.

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Constant Contact

JANUARY 28, 2021

Q&A features In-depth content is vital to establishing your company as a respected resource within the insurance industry. Feel free to include these common questions: When should I update my life insurance coverage? Under what circumstances should I file an auto insurance claim?

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Triple-I: Workers Compensation

APRIL 20, 2021

Similar federal “safe harbor” legislation for the insurance industry – the Clarifying Law Around Insurance of Marijuana Act (CLAIM Act) – was introduced last month. The CLAIM Act would let these businesses obtain insurance to cover the same risks of theft, damage, injury, loss, and liability as all other businesses.

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Majesco

MAY 9, 2024

There are Japanese auto insurers, for example, that are currently giving dashcams to their auto drivers. The carrier has measured a reduction of 13% in their frequency of claims. The insurance industry’s core business model that includes premiums, claims, reserves, and capital is not changing.

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Frankenmuth Insurance

SEPTEMBER 26, 2024

Auto Insurance Trends Report published by LexisNexis. Factor #3: Rise in claim severity and attorney-represented claims. When drivers submit claims today, the damages are often more severe due to the unsafe habits mentioned above. Factor #4: New insurance risks from electric vehicle sales.

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Insurance Insured Insurer Auto Insurance 83

Redbird Agents

JULY 9, 2024

It’s a common misconception that becoming an insurance agent is an easy path to success. Statistics from the insurance industry reveal a different story. Roughly 10 percent of independent insurance agents generate the vast majority of insurance sales, leaving many to question the viability of this career path.

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Insurance Agent Insurance Agents Agents Broker-Agent 130

Neilson Marketing Services

JULY 16, 2024

To help you hone your SEO for insurance company success and get in front of your customer base, we’ve created this guide to the latest trends and best practices in SEO tailored for insurance companies. What Is SEO in Insurance? The cost of auto insurance alone has climbed over 20% in the past year.

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Triple-I: Homeowners Insurance

SEPTEMBER 24, 2024

The CAS analysis found that telematics variables –such as miles driven, hard braking, hard acceleration, and days of the week driven – significantly reduce the need to include age, sex, and marital status in the claim frequency and severity models.

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