Agents

It is the first carrier to partner with BrokerTech Ventures

Insurance policies typically sold through face-to-face channels require intense advice and demand creation. Insurers must take steps now to adapt to the new landscape.

Company is focused on accessibility and efficiency for retail agents and brokers.

The startups selected will gain access to engagement and distribution offerings through BrokerTech Ventures’ nine owners and partners.

Launch of Des Moines-based BrokerTech Ventures shows distributors increasingly interested in digitalization.

New Spectra tool is designed to be used by advisors and applicants together.

With both companies based in Columbus, their proximity has facilitated a close working relationship and spirit of collaboration.

It is possible that carriers and agents could use digital to preserve and expand their customer relationships, doing an end-around on those that would disintermediate them.

Automated messages will help ensure billing compliance and mitigate bad customer experiences.

This is particularly problematic for insurers selling a significant number of policies though independent agents.

Carriers must also digitize processes to meet agent expectations such as ease of doing business and servicing.

While consumers want to perform most administrative tasks online, personal contact is still crucial for explaining the value of the product, Deloitte says.

When advancing digital capabilities in a tactical fashion, flexibility must be a core project goal.

Almost half of companies surveyed by SMA assume that tech giants like Amazon will play a significant role in selling auto and homeowners insurance.

Priorities are notably centered around the insurance agent for growth as well as investments in AI and data analytics.

The life insurer convened a panel of diverse experts to improve workflow for financial advisors leveraging mobile technology.

Carriers are going digital to cut operating costs and break into the younger consumer market, according to a new report from Celent.

There will always be a need for informed agents to provide the human touch that distinguish insurance as a people-centric industry.

New W.R. Berkley division focused on the high-net-worth market was built from scratch to combine the best service options from digital and agent channels.

Many agents and brokers understand that a robust analytics strategy is crucial, and are responding.