The Challenge:For years, life insurers and agents have relied on obtuse, text-heavy sales presentations. Producers found such systems not only uninspiring to clients but they negatively affected agent workflow due to significant manual processing for sales presentations.
The Solution:
Travelers Life implemented a Web-based sales presentation system from pTeraDac Web. The solution provides a snapshot of an individual's insurance needs, parceled out in life stages.
The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.
Fortune and Great Place to Work analyzed 1.3 million survey responses, ranking the best companies in the U.S.
"Lax regulation and monitoring of property insurers makes Florida mortgage markets far more exposed to climate risk than people might think," said Parinitha Sastry, an author of a working paper by researchers at Harvard University, Columbia University and the Federal Reserve.
By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.
The insurtech development program, seeing frequent participation from Americas-based startups, dedicates latest cohort to regional entries.
AI has great risks for underwriters but also great potential benefits, according to Randy Paez, chief information officer of Ambac. Paez spoke with Digital Insurance about how to leverage data and integrate AI into insurance operations.
