Category: Latest Industry Trends

In the dynamic landscape of insurance distribution, the convergence of efficiency and innovation is reshaping traditional workflows and elevating user experiences. Amidst this transformation, several key strategies are emerging as game-changers for those operating in the various distribution channels. API...

The concept of sustainability has permeated various sectors, and the insurance industry is no exception. As environmental concerns grow, insurance companies are increasingly recognizing the importance of integrating sustainability into their business models. This shift is manifesting in two primary...

Water damage stands as a persistent threat to buildings under construction, ranking as one of the leading causes of property loss worldwide. In the U.S. alone, the annual incurred loss amounts attributed to weather and non-weather-related water damage are equal...

In today’s rapidly evolving insurance landscape, agencies face many challenges. From increased competition to changing consumer expectations and staying ahead in this dynamic market requires adaptability and innovation. Fortunately, technology presents a powerful toolset for independent agents to streamline operations,...

A New York Times article this week reported troubles in Iowa and insurers pulling up stakes from the Hawkeye State, leaving the homeowners’ insurance market. The exits were prompted by horrendous financial results driven by off the charts weather patterns....

The Internet of Things (IoT) is revolutionizing numerous industries, and insurance is no exception. By connecting everyday objects to the internet, IoT technology provides real-time data and analytics, enabling insurance companies to offer more personalized and proactive services. This intersection...