Insurance Compliance: What Causes Consent Orders?
Insurance state regulators expect licensees to demonstrate the highest standards of professional and ethical conduct. When they fail to do so, the result is often a consent order, which must responded to promptly and correctly.
Navigating the E&O jungle: A guide to E&O coverage for agents and brokers
Navigating the E&O Jungle: Reducing Risk Without Losing the Client Relationship Errors and omissions E&O risk management is an ever-present reality for insurance agents and brokers. Every day, agencies are expected to place appropriate coverage, manage complex documentation, and meet the expectations of both policyholders and carriers—all while operating in a volatile market shaped by […]
What’s missing in most policy checking solutions?
Learn about the top barriers to delivering accurate policies to clients and how Policy Insights can help.
Guide to identifying automation opportunities
A Practical Guide to Identifying High-Value Automation Opportunities in Insurance Insurance Automation opportunities have become a critical enabler of efficiency, scalability, and workforce optimization across the insurance value chain. From underwriting and policy administration to claims and agency operations, robotic process automation (RPA) and related technologies allow insurers to reduce manual effort, improve accuracy, and […]
Watch out for these 5 pitfalls of automation
Watch Out for These 5 Pitfalls of Automation in Insurance Automation and robotic process automation (RPA) have become powerful enablers of efficiency across the insurance industry. From reducing claims handling costs and improving submission quality to relieving service teams of repetitive work, the potential benefits are significant. Yet despite widespread interest, many insurance organizations struggle […]
Change Your Data into Dollars
Do you know the difference between a liability and an asset? Of course you do! So why do so many people get them confused when it comes to Analytics?
Loss Control: A Hidden Opportunity for Carriers
Carriers are proactively evolving their loss control practice to create more value and strengthen the relationship between the carrier and the policyholder, improving the customer experience in a meaningful way.
Don’t Let Zero Report Compliance Turn Into An ‘Uh, Oh’ Moment
Insurance agencies with surplus lines licenses have some special compliance requirements that those handling only admitted insurance do not, such as the “zero reports” statement to state regulators.
Fatima Dean Discusses Opportunities for MGAs & Understanding Underwriters’ Future Role
Fatima Dean, Director, Client Development, sat with AM Best TV at the WSIA conference in San Diego to discuss some of the biggest challenges MGA’s are facing and understanding the future of underwriters’ roles.
Today’s Leading P&C Claims Insurtechs: 20 Making a Difference
The insurtech movement, which began around 2010, is both maturing and evolving. This is especially true in the P&C claims space, where companies are gaining traction and having a significant impact on their customers.