Digital distribution

The latest mile marker on the road to commoditization is being tested in supermarkets, malls, gas stations and auto dealerships.

GEICO and Progressive stand out, as policies purchased online have more than quadrupled over the past decade.

Agent portals, core systems, business intelligence and other technology initiatives are competitive necessities, according to a new report from Novarica.

What’s Threatening P&C Insurers’ Growth in 2014?

In 2014, insurers need to make the leap to customer-centric business models, which will require several technology initiatives, four of which make up Ovum’s biggest trends for 2014.

Nationwide Looking for Agents in Texas

Current risk mutualization model may not be sustainable, Ptolemus Consulting says; as auto insurance becomes increasingly commoditized, both insurers and insureds seek solutions.

Profit is expected to be at least $8.40 a share in 2013, the insurer said in raising its projection for the third time this year.

Ernst & Young survey finds insurers hindered by technology and culture; 70 percent spend less than 10 percent of business and development budgets on digital.

Android-device-ready version of TCS Digital Insurance Agent Solution is designed to enable insurance agents and brokers to perform sales in real-time

Hendrik-Jan Wiersema will be responsible for global insurance programs in the Benelux region of Europe.

As a result of errors in the systems, insurers have had to hire temporary workers and address duplicate enrollments, according to new reports.

Covered California, the state's health insurance exchange, reported a dip in online visitors and call volume in its second week of operation, but broker certification is advancing.

Insurer develops integrated marketing campaign to reinforce commitment to face-to-face distribution.

In a new report, Willis predicts rate activity for several lines and COO Eric Joost discusses how big data and a new influx of capital could affect the industry.

In response to a changing market, European insurers continue to adjust product offerings, adapt reinsurance purchasing and alter their distribution channel strategies, according to recent reports.

After a loss, some consumers who buy their policies online soon learn a hard lesson about the need and value of having an agent who is partnered with a top-notch carrier.

Transparency could have many effects, including competitive intelligence and, as a result, aggressive pricing.

Incorrect information from the Centers for Medicare and Medicaid Services led to the decision, insurer said.

McKinsey’s prediction that the local independent agencies are declining glosses over important distinctions between business models and value propositions, says agency association’s CEO.