Wynsure says a new hierarchy commission function allows insurers to easily manage commissions shared by various agencies using a hierarchy structure. Life/health and P&C insurers deal with multiple levels of retail and managing general agencies, Wynsure notes.
The new Web portal version lets insurers’ business partners view and update with their customers’ policies. For instance, a broker can use the portal to make an address change on a policy, Wynsure says.
Dave North, executive chairman of Sedgwick, will retire on June 30th, but will continue to serve on the company's board of directors.
SDK integration can simplify and revolutionize digital offerings for health insurers.
The insurtech discusses its multi-line solutions and ethics of AI.
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
