A Firm Foundation: How Insurance Supports the Economy

| May 28, 2019

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Insurance is the lifeblood of any developed economy, as it enables individuals, businesses and even governments to transfer risk to further invest and grow. Simply put, without insurance, an economy cannot develop in a sustainable manner. However, few people are aware of the extraordinary impact the industry has on state, local and national economies.

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Interbrokers

Interbrokers Insurance, Inc. is a boutique insurance service provider specialized in multiple, personalized products and services to affluent clients throughout Latin America and The United States. Some of our services include: Collectible coverage, Travel Insurance, Special Protection and more.

OTHER ARTICLES

Do I Need Professional Liability or E&O Insurance in Massachusetts?

Article | March 3, 2020

In a nutshell, Errors and Omissions (E&O) insurance is a professional liability insurance policy created to protect professionals, employers, and employees from claims of inadequate work or negligence. Here in Massachusetts, it’s a useful policy for professionals who work with contracts, finances, investments, and other risks.

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Is Your Small Business Protected by Cyber Insurance?

Article | March 3, 2020

The expenses resulting from a data breach can be staggering. A cyber insurance policy can help you recover without putting your business at financial risk. Cyber insurance can help small businesses recover from a data breach – but finding the right policy for your business can be challenging. These tips will help you find the right cyber insurance policy.

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How InsurTech-Insurance Partnership Delivers New Product Innovations

Article | March 3, 2020

In 2019, InsurTech funding reached $6 billion, acknowledging the pace that technology can bring to overcome the age-old Insurance problems, the State of AI in Insurance 2020 says. While Incumbents are known for their core competencies in end-to-end insurance processes (from underwriting to claims settlement and reinsurance), InsurTechs are enticing millennials with fully digital innovative products and solutions.

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Digital transformation in the Insurance industry: are you there?

Article | March 3, 2020

The insurance industry is powered by vast and growing volumes of data and stands to benefit from eliminating the manual processes and workflows that other industries have already replaced. While the largest insurers can easily afford the new technologies and digital transformations necessary to stay competitive, smaller and mid-size organizations are struggling. If they don’t finish the task of transitioning away from paper-based, manual processes they risk falling behind and losing money.

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Spotlight

Interbrokers

Interbrokers Insurance, Inc. is a boutique insurance service provider specialized in multiple, personalized products and services to affluent clients throughout Latin America and The United States. Some of our services include: Collectible coverage, Travel Insurance, Special Protection and more.

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