Buying Insurance

While many firms have embraced AI in claims and risk scoring, forward-thinking organizations are now turning their attention to policy intelligence.

AI is making insurance more intuitive, personalized, and accessible for today's diverse small business models.

The top five insurance companies have an average life insurance market share of 6.01% as of December 31, 2024.

The top five insurance companies have an average commercial auto market share of 6.4% as of December 31, 2024.

The McCarran-Ferguson Act was enacted in 1945 and regulates insurance at the state level to create a competitive market.

Several factors are contributing to rising insurance premiums for homeowners.

The integration of cell phones into daily life makes mobile engagement a top strategic priority for insurers.

The top five insurance companies have an average homeowners market share of 9.15% as of December 31, 2024.

Though microinsurance coverage increased in the last three years, there is an 88% protection gap, according to Microinsurance Network report.

The top five insurance companies have an average private passenger auto market share of 12.72% as of December 31, 2024.

The top five insurance companies had an average property-and-causalty market share of 6.61% as of December 31, 2024.

More than two-thirds, 67%, of women investors say that supporting family members has impacted their careers.

Nationwide finds that 42% of couples view sharing an insurance policy as a commitment comparable to marriage.

A majority of Americans find dealing with insurance to be a nuisance that they would rather avoid.

Embedded insurance provides a seamless integration of coverage, but legacy systems can make adoption harder for some carriers.

A new study finds that today's middle Americans are facing a life insurance coverage gap due to a lack of information.

Preparation and planning are vital to a successful sale or merger of your agency.

In the context of quick pricing, artificial intelligence can play a key role in formulating customer segments and creating appropriate policy packages.

A new study finds that today's middle Americans are facing a life insurance coverage gap due to a lack of information.

A new survey from Digital Insurance is assessing what factors the insurance industry is watching related to this fall's election.