A Modern Platform to Boost Bancassurance Profitability

| August 20, 2018

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A Single Bancassurance Platform that Enables Straight-through Processing and Supports All Insurance Partners and Products. BANCASSURANCE IS ONE OF THE FASTEST GROWING CHANNELS. Insurers’ premium through Bancassurance grew by 6 % per year. Bancassurance accounts for the bulk of insurance premium volume in some markets.

Spotlight

Farm Bureau Financial Services

For more than 80 years client/members have trusted Farm Bureau Financial Services to help them protect what matters in a way that algorithms and automation just can’t. Our agents provide personal service to our client/members, and ensure they have the right coverage for them and their family. Today, we have 4,300 agents, field representatives and employees in eight Midwestern and Western states doing just that. We offer a wide range of insurance products including auto, home, life, farm and ranch, and business insurance. We also provide a suite of investment solutions including mutual funds and annuities as well as college and retirement funding options. We’re committed to providing the right coverage for every stage in life. And, with a Super Check®, our agents are always on the lookout for gaps in coverage or potential ways to save for their client/members.

OTHER ARTICLES

Three insurtech trends to watch in 2020

Article | March 11, 2020

As the technological transformation of the global business landscape continues, more and more industries are feeling the pressure to embrace the potential of digital solutions, or be consigned to the scrapheap. In the unending quest for legacy industries to stay agile and avoid disruption, leading edge technologies are fusing with existing business models to create new, tech-driven disciplines. Fintech has been one of the great success stories of this trend, as financial institutions harness the power of artificial intelligence (AI), big data and multi-platform customer experiences (CX) to meet the expectations of their customers.

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How Is COVID-19 Impacting the Insurance Industry?

Article | March 30, 2020

As the COVID-19 situation unfolds, governments around the world have a responsibility to look after their people, and most are doing exactly that with the resources they have at hand. Apart from government bodies and healthcare establishments, in unforeseen circumstances such as this involving loss of lives or jobs and the collapse of entire businesses, people are also looking to insurance organisations for support.

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Why Do You Need Business Insurance Now?

Article | February 27, 2020

Every business has different dynamics. Thus, it becomes imperative that business owners have sufficient measures to safeguard against any unforeseen risk in the future. Regardless of your business size, there are always certain risks involved. Business insurance proves to be an extremely crucial tool to beat all the troubles which may accidentally arise at unwarranted any time. The business owners might end up paying a hefty amount of the losses.

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Does Business Insurance Cover Coronavirus Losses?

Article | March 31, 2020

People running businesses are scrambling to figure out how to deal with their financial losses and expenses from coronavirus COVID-19 business interruptions. Including me. I like sharing explainer Q&As with people who know more about subjects than I do and am using this blog post to share with others what I learned about what types of business insurance cover coronavirus COVID-19 losses. This is a basic explainer and not legal advice, and I tried to ask questions that would be helpful to both non-lawyers and lawyers.

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Spotlight

Farm Bureau Financial Services

For more than 80 years client/members have trusted Farm Bureau Financial Services to help them protect what matters in a way that algorithms and automation just can’t. Our agents provide personal service to our client/members, and ensure they have the right coverage for them and their family. Today, we have 4,300 agents, field representatives and employees in eight Midwestern and Western states doing just that. We offer a wide range of insurance products including auto, home, life, farm and ranch, and business insurance. We also provide a suite of investment solutions including mutual funds and annuities as well as college and retirement funding options. We’re committed to providing the right coverage for every stage in life. And, with a Super Check®, our agents are always on the lookout for gaps in coverage or potential ways to save for their client/members.

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