3 INSURANCE UNDERWRITING PREDICTIONS FOR 2019 AND BEYOND

SHAY ALON | November 13, 2018

article image
Could 2019 be the year of an underwriting technology transformation? We’re not yet ready to make that prediction, but we do see the makings of a transformation, as more insurers invest in technologies that they believe will deliver solid returns to their top and bottom lines. In fact, underwriting is the second-largest category within the growing life insurtech investment sector. It’s second only to investments in distribution and marketing, according to Accenture Research.

Spotlight

Bankers Insurance, LLC

Bankers Insurance, LLC is a full-service, independent insurance agency headquartered in Richmond, Virginia. Since our inception in 1999, we have experienced tremendous growth and have secured our status as one of the leading agencies in the insurance industry. We pride ourselves on being one of the largest small agencies in the Virginia/North Carolina region. This allows us to offer our clients all of the resources and benefits of a large agency without sacrificing the most important aspects: local customer service and management.

OTHER ARTICLES

What does the landlord insurance cover?

Article | February 27, 2020

Owning real estate is a great way to build long-term wealth. For those that are in the Selden, NY area and would like to build personal equity, getting an investment property could be a great option. If you do own a rental real estate asset, you need to consider your unique insurance needs. To ensure that you and your property are properly covered by insurance, you need to get a quality landlord insurance policy. A landlord insurance policy will protect you a few different ways to ensure you and your assets are protected.

Read More

5 Things Contractors Can Do About Insurance During Covid-19

Article | February 27, 2020

With the major impact of the COVID-19 outbreak, contractors appreciate the need for insurance coverage even more. You may be safely covered by Force Majeure and pandemic clauses in your policies. However, you may still be wondering how to deal with the associated costs related to the COVID-19 outbreak risks. In this article, let’s look at some of the steps you can take to handle your insurance position during the pandemic.

Read More

The impact of Coronavirus on the insurance industry

Article | February 27, 2020

Unsurprisingly, that has had a knock on effect on financial service providers across the board and those in the insurance industry are no exception. In some cases insurers have started taking action to protect their businesses which, while sensible, left many consumers in the lurch as airlines failed to cancel flights and governments issued conflicting advice as to whether people should travel or not. Others in the insurance industry meanwhile are being forced into action to customers’ benefit by governments’ emergency responses to the virus.

Read More

How artificial Intelligence is changing insurance

Article | February 27, 2020

Here, we present the global megatrends that risk disrupting the insurance industry, and look at some of the insurtechs using AI to succeed Insurance is an industry that thrives on predictability. The more certain the outcome, the more insurance firms can be sure to offer fair rates and generate value for customers and shareholders alike. As such, it’s an industry that has been slow to adopt new technologies and adapt to global change. Today, however, change is here, and more is on the way.

Read More

Spotlight

Bankers Insurance, LLC

Bankers Insurance, LLC is a full-service, independent insurance agency headquartered in Richmond, Virginia. Since our inception in 1999, we have experienced tremendous growth and have secured our status as one of the leading agencies in the insurance industry. We pride ourselves on being one of the largest small agencies in the Virginia/North Carolina region. This allows us to offer our clients all of the resources and benefits of a large agency without sacrificing the most important aspects: local customer service and management.

Events