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As 2022 gets under way, insurers have opportunities to boost their visibility beyond simply increasing their marketing spending.
February 9McKinsey & Company -
The demand for no-medical exam life insurance has grown in the last year, likely related to the COVID-19 pandemic. From October to December 2021, about 56% of applications submitted through Policygenius were for no-medical exam policies compared to January to March 2021, which was only 26%.
February 4 -
The disruptions created by the pandemic, natural disasters and a shifting workforce in the past year have challenged insurers to respond to market uncertainties with speed. Before looking at where technology met its goals and where there are opportunities for 2022, it bears noting how carriers mitigated uncertainty and aggressively charted a path forward. Carriers didn’t shy away from the need to digitize or accelerate movement to the cloud.
January 19Duck Creek Technologies -
New methods, using artificial intelligence, ease the fraud detection burden and help insurance companies stay one step ahead.
January 14Quantexa -
Digital Insurance spoke with Rand Harbert, chief agency, sales and marketing officer for State Farm about celebrating 100 years and its support of small businesses.
January 10 -
New research from SMA shows that the plans and progress of some transformational technologies are accelerating ahead as others have hit the brakes.
January 6SMA -
In 2021, only about 40% of claimants interacted with a claim estimator via digital channels and 47% made a claim using a website.
January 5 -
Ecosystems, sustainability and workforce transformation were the main topics of the EY 2022 Global Insurance Outlook, which comes out in January 2022. It’s important to understand how digital transformation is uniquely related to each of those topics.
December 23EY -
Forty-six percent of consumers are open to pay-per-mile and 45% are interested in a program that rewards safe driving with discounts, according to a Nationwide survey. Yet only 45% of agents offer telematics to a quarter or fewer of customers.
December 21 -
Only 32% of 2,750 U.S. consumers surveyed by the company in fall 2021 had been offered telematics-based insurance, the company said. Of those that were offered, 49% took the offer, and 64% have stuck with it.
December 20