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The pandemic rollercoaster continues to rattle the insurance industry as we ride into 2022. One of the bright spots for our industry was the acceleration of technological innovation. All the uncertainty and changing consumer habits are fueling substantial changes in how insurance is marketed and sold by independent agencies.
February 11Agency Revolution -
Technology investment is showing no signs of slowing down, M&A continues at a torrid pace and the composition of the independent channel is shifting with generational changes. One thing remains certain: the independent channel has a lot to look forward to in the coming year.
February 10Vertafore -
Having raised nearly 20 billion yen ($175 million) in an offering that was priced at the top of its advertised range, got off to a bad start -- the biggest first-day decline in more than two decades for a company that raised at least $150 million. Daiwa Securities Co. and Mitsubishi UFJ Morgan Stanley Securities Co. were the lead managers for the listing.
December 22 -
Forty-six percent of consumers are open to pay-per-mile and 45% are interested in a program that rewards safe driving with discounts, according to a Nationwide survey. Yet only 45% of agents offer telematics to a quarter or fewer of customers.
December 21 -
In other news: Liberty Mutual launches insurance agency; Neptune Flood releases carbon-neutral plan; New York Life announces CEO-elect.
November 22 -
Willis Towers Watson Plc is adding four new members to its board after activist investors pushed for changes at the insurance brokerage following the collapse of a $30 billion planned sale to Aon Plc.
November 18 -
Five strategies that insurers can use to cut friction from the customer journey as they work towards digitally transforming their business.
November 4Quantum Metric -
Insurance blockchain working group The Institutes RiskStream Collaborative has partnered with Trustlayer to build out an insurance verification proof of concept.
October 25 -
Activist investor Starboard Value disclosed a new position in Willis Towers Watson Plc Thursday, and said it believes the insurance broker could nearly double its share price in the next three years.
October 22 -
In other news: Algorithm calculates number of good health years; Hiro rebrands to Locket; Alliant launches diversity initiative.
October 19