Distribution

New W.R. Berkley division focused on the high-net-worth market was built from scratch to combine the best service options from digital and agent channels.

Many agents and brokers understand that a robust analytics strategy is crucial, and are responding.

The company's SelfieQuote.com is a major component of its 2018 plans to grow its customer base among younger consumers.

The insurance industry needs to “dare to think big” and make more sweeping transformations, says author and futurist Chunka Mui.

The life insurer has built a foundation of data to power next-generation partnerships, says chief digital officer Greg Baxter.

The life and annuity insurer is banking on accelerated, data-driven underwriting in a strategic shift inspired by the proliferation of insurtech companies in its vertical.

Although most insurers have a running start at digital transformation, most do not have the capacity to partner with the likes of an Amazon.

Rather than facing a simpler tech environment where the investment choices are obvious, it appears the insurance industry is at a point of inflection where the old established world may have to give way to the new.

The insurer will be able to roll out new mobile and desktop distribution platforms quickly by bringing its key partner closer, it says.

Coverage gaps will become common as less people are reached to buy insurance through traditional channels.