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Archives

Weaponizing driverless cars

November, 2018 | Written by John Sarich In an age of connected cars and cyber hackers, what could go wrong? In the age of hacking, weaponized driverless cars pose compound liability risks. Considering all the technology built into driverless cars, it’s not a big leap for anyone with an insurance mindset to think of the... Read more » by John Sarich2018

Insurance leads the way in blockchain adoption

December 07, 2018 | Written by Stephen Bruno Insurance industry innovators are broadly investing in blockchain technology right now. Blockchain technology was hotly debated this year. We’re unlikely to see broad applications for some time, but I strongly believe that not only will blockchain play a critical role in insurance, but it could also be... Read more » by Stephen Bruno2018

Is InsurTech the best carrier investment? Yes, in some cases…

October 1, 2018 | Written by John Sarich InsurTech is key to creating a friction-less customer experience, but what about back-end insurance processes? In the past, I have written that InsurTechs needed to be able to bring some benefit to carriers and agents — namely, to help them win or write new business or retain... Read more » by Irfan Shaik2018

Here’s how AI is already impacting the insurance industry

August 31, 2018 | Written by Margaret Livermore It's critical to understand how artificial intelligence will transform insurance and the world. I recently wrote about the fears associated with the introduction of artificial intelligence (AI) in the insurance industry. There is talk that in a few years, producers will be obsolete as machines will personalize... Read more » by Irfan Shaik2018

VUE SOFTWARE, New Age Answer to Insurance Broker Management

  Original Link: https://www.insuranceciooutlook.com/magazines/August2018/Broker_Management/#page=10    

by Irfan Shaik2018

Driverless cars shrouded in misplaced assumptions

July 26, 2018 | Written by John Sarich We currently see driverless vehicles in the test phase that can't actually be used on the vast majority of the roads in America. Some in the insurance industry believe that ‘driverless cars are not ready for prime time in America.’ Here, Jaguar and Waymo introduced their I-Pace... Read more » by John Sarich2018

Remember the Sales Force?

July 23, 2018 | Written by Gil Quesnelle Here’s why carrier efforts to consolidate data should focus on brokers as well as consumers. Everyone talks about the end client, but very few are talking about the carrier-to-broker relationship. In any industry conference today, there is a lot of discussion about serving the client and the... Read more » by Gil Quesnelle2018

Choosing the right Producer Management System

May 31, 2018 | Written by Margaret Livermore Choosing the right Producer Management System These are things to consider when upgrading your distribution system to ensure a seamless producer management process. Ensure a robust self-service portal, one that allows the insurer a full view of its down-line and the agent access to Book of Business... Read more » by Ravi Pendyala2018

Driverless cars aren’t meant to happen — at least not yet

May 21, 2018 | Written by John Sarich   It’s not just that a driverless car was responsible — as much as a piece of machinery can be responsible — for the fatal traffic accident in Arizona. It’s not just that there were 34 accidents involving driverless cars reported in California between 2014 and 2017.... Read more » by Irfan Shaik2018

Can InsurTechs Compete With Carriers and Agencies on Main Street?

April 09, 2018 | Written by John Sarich As an industry, insurance has always been a technology pioneer of sorts—so it comes as no surprise that in these halcyon days of digital commerce, more than 700 new insurance technology vendors, mostly startups, have recently come onto the scene, accounting for the phenomenon known as InsurTech.... Read more » by Irfan Shaik2018