Technology is a big part of every American’s life today. Innovation is at an all-time high across all industries, including the property and casualty industry. Taking advantage of our society’s fascination with technological advancements is a great way to remain a leader in a competitive market. Fortunately, there are multiple opportunities to incorporate tech into […]
Month: August 2019
Key Strategies To Attract And Keep Millennial Insureds
Millennials are the most sought after group of insureds in the P&C insurance industry today. With this generational group set to make up 75% of the working population by 2025, appealing to millennial homeowners is essential going forward. In order to attract Gen Y, as well as Gen Z in the near future, changes must […]
Why Having A Skilled Underwriting Team Is Only Half The Battle
Underwriters for commercial property insurance have a difficult job and depend on inspection partners and field teams to gather much of the information necessary to make a decision. While available data can provide valuable insight on various risks, including fires, floods, and trends, a visual assessment offers much more. There is an inherent risk in […]
Maintaining Competitiveness In An Evolving Industry
Insurers that remain heavily invested in traditional underwriting, as opposed to Insurtech-related digital trends, are not truly fighting a losing battle. The streamlined ease of Insurtech enjoyed by consumers in our digitally immersed culture is occasionally heralded as the only future for the industry as a whole. If history has taught us anything, there is […]