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 May 14, 2019 8:05:00 AM
Generational shifts have forced insurers to rethink the traditional one-size-fits-all approach to insurance. Here is a brief overview of the consumer attributes associated with each generation of policyholders, along with their respective age ranges, as defined by Pew Research in 2019.
By Patricia Moore on May 6, 2019 8:00:00 AM
With insurance retirees rapidly outnumbering new recruits, insurers are having trouble filling the empty roles left behind. Additionally, recent digital advancements in the industry require fresh skill-sets, compounding the urgency to hire new talent.
By Patricia Moore on Jan 16, 2019 8:15:00 AM
California has joined a growing number of states moving towards gender equality in personal auto insurance. Effective January 1, 2019, insurers can no longer include gender – whether as a stand-alone factor or in combination with any other factor – when calculating rates for private passenger automobile insurance policies.
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