3 min read
Streamlining Total Loss Lienholder Payments (Claim Payment Challenge Part 2)
In part 1 of this four-part series, we introduced four inherent claim payment challenges involved with paper check...
In part 1 of this four-part series, we introduced four inherent claim payment challenges involved with paper check...
Changes in consumer behavior toward digital demand increased exponentially in 2020. As Satya Nadella, Microsoft’s CEO...
Not only is paper check payment much slower (5-7 days) and more expensive (10x more) than digital payments, but it also...
By Patricia Moore on Aug 25, 2020 8:00:00 AM
Insurance is entering a new era. And while the industry has been inching toward modernization over the past decade, the pandemic has amplified the urgent need for insurers to adapt and innovate. In this article, we’ll explore the business continuity strategies some companies are using to persevere in these rapidly changing global conditions.
By Patricia Moore on Dec 31, 2019 8:00:00 AM
Goal-setting and strategizing are year-round pursuits for most insurance executives. New Year’s resolutions are unnecessary when you’re already motivated by an unwavering drive toward continuous growth and improvement.
By Patricia Moore on Dec 18, 2019 1:46:00 PM
Certain industries seem to generate more inherent allure and fascination than others. Pilots, artists, and doctors, for example, often receive a flood of questions once a new acquaintance learns of their craft.
Working in insurance, however, one quickly realizes how few people appreciate the glamour and excitement surrounding this profession. Worse yet, the industry is often misrepresented, shrouded by negative stereotypes, and sometimes even vilified. This creates a very different experience for insurers upon the inevitable social pleasantry, “What do you do?”
By Krystyna Kravchuk on Nov 6, 2019 8:00:00 AM
The first Wednesday of November is National Stress Awareness Day, so today we're going to briefly discuss an industry challenge that is not (entirely) solvable through digital technology. Stress.
By Patricia Moore on Sep 17, 2019 9:00:00 AM
In part one of this two-part article, we introduced the insurance ecosystem and discussed how insurers can take advantage of this new business model. In part two, we’ll dive deeper into the benefits of an integrated digital ecosystem and cover some real-world examples of the insurance ecosystem in action.
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