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.

Risk 52

Risk Insurance Industry Business Interruption Claim 52

Neilson Marketing Services

OCTOBER 28, 2024

The insurance industry moves fast, and for carriers and MGAs, knowing where they stand with their independent agency partners is critical. For example, asking if a carrier’s underwriting support is a deciding factor or if digital tools play a significant role helps carriers understand which attributes matter most.

Insurance Agency 105

Insurance Agency Building Insurer Insured 105

InsuredMine

MAY 2, 2024

Can you imagine a world where your car could automatically adjust your insurance premium based on how safely you drive? Or what if your home insurance could send you alerts about potential risks and offer customized coverage options? At the center of this digital transformation lies efficient and effective tools called APIs.

Insurer 52

Insurer Insured Insurance Insurance Industry 52

Majesco

OCTOBER 10, 2024

[ii] According to the Insurance Journal article, Progressive “outdistanced” GEICO on growth and profitability measures in the first quarter with Progressive reporting a 12% increase in written premiums and a combined ratio of 94.5, points from first-quarter 2021.

Risk 40

Risk Auto Insurance Premium Underwriter 40

Jackson & Jackson

AUGUST 16, 2024

As a result, insurance companies have had to reassess their strategies for covering properties in high-risk fire zones, leading to higher premiums and coverage limitations for homeowners in these areas. Furthermore, technological advancements have also played a role in shaping the insurance industry.

Insurer 52

Insurer Insured Insurance Risk 52

Jackson & Jackson

MAY 22, 2024

From the bustling urban centers of Los Angeles and San Francisco to the scenic coastal towns and sprawling agricultural regions, each location presents its own set of challenges and opportunities for investors seeking insurance coverage. Investors should also consider the impact of climate change on the insurance landscape in California.

Property Insurance 52

Property Insurance Commercial Property Commercial Broker-Agent 52

Majesco

JUNE 27, 2024

Part of the buzz is that the insurance industry is waking up to a realization that the operational models and technology foundations used for decades no longer meet the challenges and opportunities of today’s fast-changing world. AI/ML is great for underwriting, fraud, and servicing models, which was discussed in numerous panels.

Insurance Industry 40

Insurance Industry Risk Underwriter Underwriting 40