Carriers are implementing real-time access for agents, but agents appear slow to take advantage of it. That's a conclusion of recent AUGIE and ACT meetings. Suspecting that many agencies do not comprehend the benefits of real-time access, Pearl River, N.Y.-based ACORD is joining with carriers to aggressively promote direct bill inquiry to its affiliated agents. Travelers, Progressive, Chubb, Encompass, The St. Paul Cos., and Zurich Small Business are among those carriers that have rolled out the ability for their agents to find out the direct bill status of their clients in real-time.
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By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.
10h agoKnowBe4 -
The insurtech development program, seeing frequent participation from Americas-based startups, dedicates latest cohort to regional entries.
11h ago -
AI has great risks for underwriters but also great potential benefits, according to Randy Paez, chief financial officer of Ambac. Paez spoke with Digital Insurance about how to leverage data and integrate AI into insurance operations.
11h ago -
The top five insurance companies have an average P&C market share of 6.50% as of December 31, 2023.
April 23 -
Lloyd's appointed Dawn Miller as chief commercial officer, and CEO of Lloyd's Americas; plus more career moves.
April 22 -
Greater exposure to climate risks is driving an increase in insurance premiums and decrease in insurance availability.
April 22