6 Embarrassing Reasons Why You Might Be Denied Life Insurance

| July 16, 2019

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You know that uncomfortable feeling when you are asked an question that you were not expecting? Have you ever completed a life insurance application? Answering life insurance application health questions might make some people feel uncomfortable or even a little embarrassed.

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Saffron Insurance

Since 1954 when the business commenced trading, providing motor insurance that the NFU were unable to place, Saffron Insurance has been providing an local insurance service to the people of East Anglia. Staff are experienced, friendly, motivated, have extensive knowledge of the area and are committed to giving the highest levels of customer service - a service which is clearly appreciated, with business retention rates running at over 90%.

OTHER ARTICLES

What’s Driving Innovation and Transformation in Insurance?

Article | March 5, 2020

According to Gartner analyst Kimberly Harris-Ferrante, in the report Innovation Insight for Artificial Intelligence in Life and P&C Insurance*, “Adoption and maturity of AI are increasing among insurance early adopters as they test new use cases and technologies. Insurance CIOs can benefit from greater awareness of AI fundamental use cases and the impact of AI to help guide innovation.” At Shift, we couldn’t agree more.

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Does Business Interruption Insurance Cover COVID-19 Closures?

Article | April 2, 2020

Our clients are asking us: Do commercial property and, specifically, business interruption insurance policies provide coverage for COVID-19-related losses? As discussed below, it is critical that you promptly review your company’s policies, exclusions and relevant endorsements to evaluate whether your business has coverage in the wake of COVID-19. If appropriate, you should make a claim with your insurance carrier.

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7 Business Models of the Future for Insurers

Article | March 18, 2020

The insurance industry continues to be an enabler of innovation. Since its creation three centuries ago, it has become an essential part of the global economy — providing security and resilience to businesses and individuals alike. But the fundamentals of how it operates have barely changed. As we enter a new decade, the industry must reflect the reality of the needs of today’s businesses and society. Large commercial insurers and reinsurers, in particular, have an increasingly urgent imperative to realign their organizations and modify their offerings to include stronger preventive services against new and evolving threats, including climate change and cyber risk. There is a huge opportunity. Our latest NextWave Insurance report reveals that, should the industry act now, an unprecedented growth and profitability spike is within reach. By 2030, we project that large commercial insurers and reinsurers could experience:

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RPA in Insurance: 6 Tips for Success

Article | February 12, 2020

It’s not hard to understand the appeal of Robotic Process Automation, or RPA, in insurance: by automating mundane, repetitive tasks like data entry, it can reduce costs and cut cycle times while freeing employees to focus on providing better service to customers. Over the past few years, I’ve talked with, advised, and worked alongside insurance companies as they implemented RPA. All of them have benefited, but few have gained as much as they expected.

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Spotlight

Saffron Insurance

Since 1954 when the business commenced trading, providing motor insurance that the NFU were unable to place, Saffron Insurance has been providing an local insurance service to the people of East Anglia. Staff are experienced, friendly, motivated, have extensive knowledge of the area and are committed to giving the highest levels of customer service - a service which is clearly appreciated, with business retention rates running at over 90%.

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