Driverless Cars: Time for Insurers to Shift Gears

| August 22, 2016

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The automobile industry has continuously evolved over the decades but not as dramatically as the emergence of the driverless car. What still seemed like science fiction a few years back is now a reality. Along with the excitement and interest, the rollout of the driverless car is also having ripple effects across related industries.

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ASI

ASI is the 15th largest homeowner’s insurance carrier in the United States. Through a network of independent agents, the company offers home, condo, renters, dwelling fire, and flood insurance in over half the country. Umbrella coverage is offered in select states. ASI is known for its financial stability, agent-friendly service and responsive claims organization. The company has been ranked as one of Florida's Best Companies to Work for by Florida Trend for eight consecutive years.

OTHER ARTICLES

How insurers can use big data to manage the COVID-19 pandemic

Article | March 27, 2020

Insurers are stuck between a rock and a hard place. The recent COVID-19 pandemic has forced much of the world to grind to a halt. As companies struggle to manage the impacts on their supply chains and bottom line, greater pressure is placed on insurers to support their clients while also mitigating the downside for their own businesses. On one end, the needs of insureds are higher. Business operations are global and more complex; all the while, clients expect more bespoke service and support.

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Insurance Chatbots: Optimizing Customer Experiences

Article | April 13, 2020

Artificial intelligence (AI) has changed the insurance industry – and customer service is no exception. One of the most common forms of AI are the use of chatbots, which Forbes defines as “software functionality that is designed to receive conversational input through text of voice and then generate a response that is also in natural language.” In other words, instead of interacting with a human, you’re “chatting” with a bot that’s programmed to understand your questions and direct you to the right place.

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The Impact of InsurTech on the Property/Casualty Sector

Article | February 20, 2020

The latest figures from a Willis Towers Watson report shows that investment in insurance technology, or InsurTech, reached an all-time high in 2019 at $6.37 billion, with funding in the Property/Casualty sector representing the lion’s share over its Life/Health counterpart. InsurTech is designed to disrupt and change the way the insurance distribution system conducts business, upping the game in delivering tailored product lines, reducing friction in client transactions, providing a better on-line customer experience, and assessing risk scenarios to provide new offerings.

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Do Entrepreneurs Need Business Insurance?

Article | April 7, 2020

Being an entrepreneur is no piece of cake. You are going out on your own, venturing into a new industry and the future is unknown. Many factors will contribute to whether your new business will be a success or not. One of those factors is whether you purchase comprehensive business insurance from the get-go. Below, we will discuss what types of business insurance you should consider as an entrepreneur who is starting your own company.

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Spotlight

ASI

ASI is the 15th largest homeowner’s insurance carrier in the United States. Through a network of independent agents, the company offers home, condo, renters, dwelling fire, and flood insurance in over half the country. Umbrella coverage is offered in select states. ASI is known for its financial stability, agent-friendly service and responsive claims organization. The company has been ranked as one of Florida's Best Companies to Work for by Florida Trend for eight consecutive years.

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