Distribution

As one of three SVPs of State Farm’s IT capability departments, Pettit presides over the platforms that power digital innovations and advancements for the carrier.

The VP and distribution lead has built an agile group that isn't siloed in traditional insurance processes in order to spur innovation.

Fintech company will integrate customers' auto and credit data to find suggested rates.

Carriers must also digitize processes to meet agent expectations such as ease of doing business and servicing.

Culture matters in making a shift to digital, says Dr. Balaji Krishnamurthy, who was cited by TIME magazine as one of 25 key Global Business Influencers.

New company provides short-duration life coverage for risky hobbies like kayaking or road biking via digital distribution.

One in five home insurance customers do not bundle their auto policy, representing a growth opportunity for carriers.

The company's moves into the India insurance market have culminated with it filing with the company's financial services regulators, Bloomberg reports.

While consumers want to perform most administrative tasks online, personal contact is still crucial for explaining the value of the product, Deloitte says.

CM Select will offer coverage for smaller churches with the goal of lowering these customers' administrative burdens.