How And What Insurance US Small Businesses Buy Is Changing

Forrester IT

As insurers look at the end of the industry’s big cash cow—private passenger auto insurance—many have amped up their small business lines. Big tech, telcos, and insurtechs are also breathing down the necks of traditional small business insurers.

What’s Hot In Insurance Tech In 2019?

Forrester IT

In 2019, the pressure on insurance business and technology leaders isn’t letting up. age of the customer digital business Insurance technology AI digital digital insurance digital strategy disruption insurance insurtech legacy systems

The Future Of Insurance

Forrester IT

Given the pace of social change and technological innovation, the future of insurance is very interesting!

It’s Time To Transform Insurance Claims

Forrester IT

This makes good home insurance vital. Because I am an insurance geek and cover insurance at Forrester, insurance companies that get me as a customer are rather […]. age of the customer customer experience Insurance user experience promoted

To Benefit From $90B New Insurance Sales In 2019, Insurers Need A Seamless Digital Integration

Forrester IT

As Hurricane Willa rapidly moves closer to the US border, how are insurance companies preparing for this next calamity? The rise in natural catastrophes puts mounting pressure on insurance margins. ForecastView Insurance

Top Insurance Tech Trends To Watch In 2019

Forrester IT

How will the “whats” of insurance — underwriting, claims, and compliance — translate into new “hows” in 2019? Watch the video below for more information on what’s driving changes in insurance business strategy and the tech that enables it.

Insurers are joining fintech party

Computer Weekly

Insurers are held back from digital transformation by legacy systems, but insurance-focused IT startups offer them hope

The Three Key Actions That Will Define Insurance Tech Investment In 2019

Forrester IT

The Future Will Temper Insurer Optimism In 2019 Insurance business technology teams caught a few breaks in 2018. There were fewer, though costly, insured weather losses, as well as new thinking by insurance regulators when it comes to disruptive technology.

Influential National Association of Insurance Commissioners (NAIC) Moves On Cyber

CTOvision

Cybersecurity practitioners and policymakers have long been discussing the potential positive benefits of smart insurance policy and standards to reduce risk. The National Association of Insurance Commissioners (NAIC) is the U.S. By Bob Gourley.

The Insurance Industry and Big Data

Eric D. Brown

How would you feel if you got a letter in the mail from your insurance company telling you that your insurance rates have increased due to your social media activity? Big data has given insurance companies the ability to mine social media for all sorts of activities.

Global Firms Under-Insured Despite Breach Concerns

CTOvision

Half of global organizations still don’t have cyber insurance, despite the majority believing cyber-attacks will increase next year, according to FireEye. The security vendor polled 800 CISOs and senior executives across the globe to compile its new Cyber Trendscape Report. More than half (56%) said they believe the risk of attacks will grow next year and 51% […].

Insurance banana skins

IT Toolbox

When the insurance industry gets seriously worried about something, it means that seriously big money is involved

10 cyber insurance selling points

CTOvision

Read Elana Ashanti Jefferson list top ten reasons why companies, small and big, should buy cyber insurance on Property Casualty 360 : In a move that reflects the growing urgency for companies, organizations and institutions worldwide to proactively face down and mitigate cybercrime, Beazley, a longtime cyber insurance market leader, announced recently that it has […].

The Insurance Industry Is A Prime Target For AI Technologies And Solutions

Forrester IT

In their quest to become digital insurers, insurance carriers have a revolutionary opportunity to improve their businesses with new and emerging artificial intelligence (AI) technologies. It is certainly a balancing act to find that perfect peanut butter-and-jelly combination of operational efficiency and customer engagement, however I believe many insurance carriers to be up to the […]. artificial intelligence (AI) customer experience Insurance risk management

Hot Or Hype? What Are The Insurance Tech Investments That Will Drive Business Value In 2020?

Forrester IT

Insurers are transforming their organizations with digital technologies. Drivers ranging from startup incubators and changing customer behavior to new risks and a potential recession are all influencing the tech investments from both carriers and agent/brokers.

Robots replace staff at Japanese insurance firm

Computer Weekly

Japanese insurance company Fukoku Mutual Life Insurance replaces 34 members of its claims assessment team with IBM Watson

Axa offers on-demand insurance via mobile app

Computer Weekly

Insurance company launches app that offers quick and easy insurance cover for individual items owned by customers

Do Independent Contractors Need Business Insurance?

Computer Weekly

What you need to know about business insurance as an independent contractor

Security Think Tank: Six key factors in cyber insurance

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

Malaysian insurer partners IT supplier to tailor cyber security policies

Computer Weekly

Partnership is in response to requests from AIG customers for a more comprehensive risk management approach to cyber insurance

Security Think Tank: Lower insurance premiums through security certification

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

Insurer launches UK’s first driverless car policy

Computer Weekly

Specialist motor insurance provider Adrian Flux introduces new contract terms for a driverless car insurance policy

Insurance brokers fume as SSP Worldwide suffers new cloud outage

Computer Weekly

Insurance brokers outline dismay at fresh round of service problems so soon after September's two-week cloud outage

Insurers face same legacy system battle as retail banks

Computer Weekly

The biggest barrier to insurance companies adopting digital technology is their heavy reliance on legacy IT systems

Expanding Through M&A in the Insurance Industry

Perficient - Digital Transformation

Yet even as insurance companies lean on M&A for growth, every insurance company requires a more comprehensive program to achieve its growth targets. — To learn what else is driving growth, productivity, and efficiency, download our new guide: 2018 State of the Insurance Industry. M&A is always on the table, as it can provide quicker access to more customers through geographic expansion, as well as new business lines and capabilities.

Security Think Tank: Understand data assets and risks for insurance success

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

O2 offers internet of things-backed motor insurance

Computer Weekly

Mobile network O2 expands its reach into the vehicle insurance market with the launch of an internet of things monitoring service

Security Think Tank: Cyber insurance – factor in all costs and obligations

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

[Guide] 2018 State of the Insurance Industry

Perficient - Digital Transformation

Creating value for customers, employees, partners, and shareholders has always been the core objective of insurance companies. Our new guide highlights the: State of the insurance industry based on our own insights, as well as those from leaders in the space. Most significant challenges diversified insurance, life insurance, and property and casualty insurance companies face and how they are solving them.

Insurance broker Simply Business ditches legacy MPLS for SD-WAN

Computer Weekly

Insurance business finds networking a breeze after ditching its unresponsive managed services provider and implementing VeloCloud’s latest software-defined wide area network technology

WAN 138

Health Insurers Must Improve Member Experience Now or Be Replaced

Forrester IT

Improve Your Member Experience Now or Be Replaced Oscar Health is leading with a customer-centric business model and using technology to transform the future of health insurance.

Australian organisations forced to take cyber insurance seriously

Computer Weekly

The take-up of cyber security insurance in Australia remains low, but it could increase if data breach notification regulations come into force

Security Think Tank: Back up risk assessment with broker advice on cyber insurance

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

Security Think Tank: Cyber insurance a great complement to good security practice

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

CRM delivering a competitive edge for insurance agencies

IT Toolbox

For small, independent insurance agencies, staying competitive means investing in technology, including CRM systems. It wasn’t always so but industry pressures are forcing their hand as CRM systems increasingly are being viewed as “must-have” as insurers struggle to cope with narrowing margins, particularly in a retail insurance market that has become more commoditized over the