Insure Think

Several tips for standing out against competitors without ads.

A new SMA survey shows 12% of commercial lines insurer executives say their businesses are just in sustaining or surviving mode this year following a challenging 2022.

It's clear that insurers must modernize every part of their back office.

There are several avenues for insurers and insurtechs to collaborate, including acquisition, investment, software collaborations and more.

Tips for appraising solutions that deliver the right combination.

Investment and innovation to keep drivers and people safe from distracted driving are necessary.

Employers need to examine healthcare options to mitigate high out-of-pocket costs to employees.

RGA decided to put ChatGPT to the test by posing three questions related to underwriting and the future of life insurance. The answers from ChatGPT are entirely AI-generated.

Insurance companies have an opportunity to be at the forefront of climate change mitigation.

At the heart of the industry's self-billing challenges is data — how it's stored, how it moves between partners, how it's cleaned for use.

The main opportunity comes from the ability to optimize workflows and offer better pricing models.

Growing up surrounded by search technologies, online shopping, and mobile apps means that these digital natives have come to expect speed and efficiency.

One area that has progressed by leaps and bounds is new user interaction technologies like messaging, chatbots and real-time video chats.

As consumers continue to rely more on digital transactions, it will become increasingly important for incumbent insurance carriers to integrate new technologies.

This technology can offer unprecedented customization, but there are legal and ethical considerations.

Companies that resisted remote work and e-commerce fell behind. The same dynamic is playing out now in the metaverse.

Widespread digitalization creates more opportunities for bad actors to manipulate insurance services.

Attention to detail in the hiring approach can open up a diverse talent pool and solidify DEI in a company's culture.

If you don't understand how and why a hospital bill is what it is, blame our healthcare financing system — not the hospital.

It's crucial to understand that trust extends to the world of digital, especially social media.

Consider introducing specific touch points and service level expectations.

Seven out of ten insurers identified data pre-fill as one of their top investments for sales.

Branch Insurance CTO shares insights on standing out digitally.

This profound change in the coverage gap underscores the need for modernized IT and more cloud-based technology.

Three ways for carriers to improve the policyholder's experience by unlocking the value of their data.

Insurers who automate workflows and communication can get ahead of the curve, compete more effectively and thrive

Technology can help during difficult economic times and it can present new avenues for growth.

To limit the effects of disasters, there are valuable lessons consumers can learn from to better protect against financial and physical impacts.

It appears the technology is largely still in its infancy in the insurance industry.

This is where parametric comes in.

AI and predictive analytics provide a more rigorous approach to risk management.

The idea is to use advanced analytics to drive innovation and create actionable insights throughout the insurance lifecycle.

With rising inflation and interest rates is the insurance industry prepared for what's ahead?

Bank regulators should heed the Treasury Department's call to embrace cutting-edge tools for credit scoring.

A recent survey of executives at small commercial lines insurers reveals some shifts in what is driving distribution investment decisions.

Analytics and feedback help companies leverage data and create the best benefits packages for employees.

A standalone cyber policy is now a must-have for more and more small businesses, and even large enterprises.

Insurance companies that best leverage data-driven technology solutions to predict and understand the intricate morass of new risks will position themselves to succeed.

Yes, an industry app-maker argues, if the more a consumer plays the more they benefit.

Traditional training methods aren't relevant when a new employee works from a home office with a remote computer setup.

Jeff Bales, senior director of Business Development at Notion shares homeowners insurance predictions.

Insurers can gain deeper insight into risks.

Chaz Perera, CEO of Roots Automation, writes about three trends the industry faced this year and what may happen next.

Chatting with some analysts about the shape of the coming year.

The next year is likely to bring customer-centric development and solidify Insurtech 2.0.

Based on Keynova Group's 2022 Mobile Insurance Scorecards, there are three trends to watch in mobile apps.

Now is the time to identify and act upon the things that matter most to employees.

To stay ahead, insurers must assess the factors shaping the industry including emerging technologies.

Agencies have no choice but to accelerate their digital transformation initiatives.

Undoubtedly, insurers are planning for expected and unexpected events that may disrupt their businesses in the new year.

Embracing digital-first tools will be key to improving consumers' outcomes and experience while reducing costs.

Underwriting depends on data, and data—how we source it, how we analyze it, and how we use it—is evolving at an exponential pace.