Digital payments are crucial in today’s consumer experience. Insurance customers demand diverse payment options. For carriers, it’s not a luxury but a necessity, impacting decisions and retention while cutting costs and fraud. Our report explores evolving digital platforms for an efficient,
paperless future.
Discover how ReSource Pro’s consulting practice delves into the world of AI implementation in P&C commercial lines insurance. Unveiling key findings the latest research, explore the current landscape of AI solutions, their impact on risk management, underwriting, and claims processing.
There are several reasons why these plans can be problematic for both employers and their employees. In this blog, we’ll address the differences between a self-funded and fully insured health plan as well as the fiduciary liability risks involved in self-insurance.
While newer entrants to the insurance ecosystem bring fresh and innovative perspectives that challenge established norms, insurance experience remains crucial for sustained and impactful innovation. A healthy combination of both seasoned experts and passionate newcomers creates a dynamic and innovative environment that delivers more hits than misses and wins that continue to drive value over time.
A new ReSource Pro research report examines the channel distribution plans of MGAs in 2023, including their current partnerships, how they expect distribution to change in the next few years, and their strategies to expand various channel partners over the next few years.
The insurance industry continues to find itself in a talent crisis. The workforce challenges we are facing are not entirely new. Some of them are the lasting impact of the pandemic, while others have come and gone over time as the result of a changing world.
Governance is a critical part of any business, whether it’s a small startup or a global enterprise. A solid governance structure can have a range of benefits, from attracting investors to ensuring a business stays on course during a crisis, or even helping create strategies for continued growth and resilience.
ReSource Pro Consulting’s Mark Breading sat down with a panel of several other industry leaders to talk about the profound impact of new technologies on the insurance workplace. In this blog, we’ll recap Mark’s answers to key questions surrounding technology, including the impact of AI on insurance roles, the risks associated with tech, and more.
From the changing behaviors and expectations of the future customer to the shifting global issues around climate and geopolitical risks, the insurance industry will need to adapt to the intensifying challenges in order to keep pace and succeed in the insurance world of 2035. Here are the trends that will shape the industry as we know it.