Distribution

As the growing market in Latin America demonstrates, a large, underserved population could benefit from financial protections and offer market opportunities to insurers that innovate around product, distribution and regulation, Celent said.

The latest mile marker on the road to commoditization is being tested in supermarkets, malls, gas stations and auto dealerships.

GEICO and Progressive stand out, as policies purchased online have more than quadrupled over the past decade.

Agent portals, core systems, business intelligence and other technology initiatives are competitive necessities, according to a new report from Novarica.

What’s Threatening P&C Insurers’ Growth in 2014?

In 2014, insurers need to make the leap to customer-centric business models, which will require several technology initiatives, four of which make up Ovum’s biggest trends for 2014.

Nationwide Looking for Agents in Texas

Current risk mutualization model may not be sustainable, Ptolemus Consulting says; as auto insurance becomes increasingly commoditized, both insurers and insureds seek solutions.

Profit is expected to be at least $8.40 a share in 2013, the insurer said in raising its projection for the third time this year.

Ernst & Young survey finds insurers hindered by technology and culture; 70 percent spend less than 10 percent of business and development budgets on digital.