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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Rob Evans, director of Claim Process Technology at Broadspire shares about data analytics and artificial intelligence.
10h ago -
A report by Weiss Ratings, based on state regulators' data, finds insurers more aggressively denied claims under the law, and claimants responded with more lawsuits.
11h ago -
In the wake of major losses like wildfires or hurricanes, parametric insurance can expedite payments for faster policyholder recovery.
September 15Recoop -
Insights from Verisk and the APCIA reveal underwriting profitability despite high first quarter losses.
September 14 -
Sandy Ball, chief people officer at Aspida, spoke with Digital Insurance about hiring and retention.
September 14 -
Larger states are more likely to have funds for prevention of natural disasters and responses to these events, says Chip Merlin, an attorney who represented Hurricane Katrina survivors.
September 11