Changing the face of life insurance

| March 1, 2018

article image
Asteron’s vision is not only to make insurance accessible and more easily understood by advisers and their clients, but also to provide better incentives to become healthier and to stay healthy. Asteron Life! is an online wellbeing program that provides tools and resources around lifestyle, nutrition and exercise.

Spotlight

Meemic Insurance Company

Meemic Insurance Company provides personal auto, homeowners, boat, and umbrella coverages to teachers and other educational employees in the state of Michigan. In 1950, seven teachers formed Meemic based on their belief that they could provide an invaluable service to their fellow educators by offering high-quality, affordable insurance protection. Nearly 60 years later, Meemic remains a Michigan-based company that proudly reflects our roots in the educational community, and a commitment to offering the finest possible protection, products and service at affordable rates.

OTHER ARTICLES

Impact of Coronavirus on Life and Health Insurance Policies

Article | March 25, 2020

Coronavirus has caused 9 deaths in India so far, with confirmed cases to touch the 600 mark soon. As numbers increase rapidly, how can health and life insurance policies come to your aid if you or your family member is tested covid-19 positive? Earlier this month, the Insurance Regulatory and Development Authority of India (Irdai) had issued guidelines for health insurers asking to expedite coronavirus related claim settlement in the case of hospitalisation.

Read More

Social media intelligence for insurance?

Article | April 21, 2020

In the financial services industry, reliance on big data has been increasing at a global level. The usage is not limited to marketing purposes alone but extends to fraud and risk prevention. Customer demand for personalised products is responsible for this shift. The future of insurance is also being shaped differently due to this. The current lengthy questionnaires won’t be needed at all. Just the data collected will help to accurately predict risk and create policies customised to the person’s needs.

Read More

How Big Data is Impacting Client Expertise in Insurance Industry?

Article | February 19, 2020

Big data has helped the financial services industry, including with the insurance industry, evolve like never before. Maximum count of traditional insurers and insurance corporations are preferring big data analytics to boost client expertise. Moreover, insurers are utilizing massive big data to its fullest capability or are there scope to try and do more? The insurance regulator has already allowed a sandbox, a mechanism to promote and facilitate innovation, and currently, the Federal Reserve Bank of Asian country has planned a sandbox for fintechs. Disha Sanghvi asks specialists if this may cause higher utilization of massive information and a lot of innovation within the insurance space.

Read More

Claims - the final frontier for insurtechs

Article | March 4, 2020

What is the insurtech difference when it comes to claims? Jonathan Swift mulls on how the Next Generation is starting to figure this out “The claims experience is really critical to our brand and making sure that customers are saying Digital Risks is who I am insured with. Whilst others struggle with that, we want to be a case that if you have a claim it is Digital Risks who you are dealing with.” This sentiment is interesting because there has perhaps been an – incorrect – assumption that insurtechs are really only focused on acquiring customers by making it as simple as possible.

Read More

Spotlight

Meemic Insurance Company

Meemic Insurance Company provides personal auto, homeowners, boat, and umbrella coverages to teachers and other educational employees in the state of Michigan. In 1950, seven teachers formed Meemic based on their belief that they could provide an invaluable service to their fellow educators by offering high-quality, affordable insurance protection. Nearly 60 years later, Meemic remains a Michigan-based company that proudly reflects our roots in the educational community, and a commitment to offering the finest possible protection, products and service at affordable rates.

Events