As we all know, Millennial consumers expect speed, transparency, & online access. This is true whether we are dealing with consumers or businesses. There are some interesting developments that might impact personal auto premiums. One of the most discussed is the sharing economy. There is a generational shift in terms of car ownership. People want […]
I recently wrote an article on Coverager about Smart Tires and the potential benefits and risks for Insurance Carriers. Click here to read the entire article. A short video is below. Kaenan HertzKaenan is a professional in the areas of block chain, telematics, wearables, analytics, artificial intelligence (AI) and Insurtech. He has played a key […]
Root Insurance Company the Insurtech auto carrier just closed another round of financing @ $350M, bringing their total raised to $527M. 2018 premiums were $106M according to S&P Global. What does this mean for an incumbent #carrier? Watch the video to see a #Bull and #Bear take on their success. For details on the round […]
I recently wrote an article about how Insurance Agents can benefit from the Insurtech Ecosystem. The Insurance agent or broker should look to partner with appropriate Insurtechs, thus bringing their insurance industry enhancements into their Agency and giving them a competitive advantage. You can read more @IndAgent: Could insurtech startups be friends not foes? Insurtech Advisors […]
Effective customer relations management (CRM) is key to successful businesses, and even more so for smaller insurance carriers where the focus is on the client relationship. Smaller Carriers should keep track of and look to partner with Insurtechs to ensure they maintain a competitive market edge. […]
