Four trends that could rock insurance in 2020

HEATHER TURNER | January 16, 2020

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In this day and age, companies have to look beyond their immediate adversaries to strategize for long-term resilience and prosperity. For insurers, in particular, overcoming the “synthesis challenge” of successfully integrating technology, talent, and business models into change-resistant legacy environments will set apart industry trailblazers in the years to come. That’s according to Deloitte’s recent “2020 Insurance Outlook” report, which questions how much longer the insurance industry will continue to grow and maintain profitability amidst a turbulent global economy.

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Cross Insurance Agency

At Cross Insurance we’re not just another independent agency. We exist for one reason and one reason alone – to bring our clients value with competitive rates and friendly and reliable customer service! Our agents don’t just show up for work. Every day they strive to exceed expectations and deliver the best insurance solutions in business, home, auto & life.

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Best Business Insurance for 2020

Article | February 26, 2020

Hopefully, you’ll never have to use your business insurance. But just like car insurance or health insurance, protecting your business from unexpected situations is crucial. However, 44% of small business owners don’t have insurance. This statistic is shocking. If you’re uninsured or underinsured, your company could potentially go bankrupt if something goes wrong, and you’re forced to pay out of pocket.

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Can You Get Business Insurance without a Business License?

Article | February 26, 2020

Opening a business brings many questions, and the very fact that you’re interested in learning more about insurance for your company demonstrates your responsibility as an entrepreneur. In most cases, you don’t need to have your business license yet to purchase insurance for your company, which means you can get started on this critical task right away. However, you should know there are certain types of insurance you may be required to carry in order to get or maintain your business license. There are also other types you should obtain to protect you from the consequences of lawsuits or unexpected events down the road.

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5 Deep Learning Use Cases for the Insurance Industry

Article | February 26, 2020

In 2010, with the launch of the Image Net Competition, a vast dataset of about 14 million labeled images was made open-source to inspire the development of cutting-edge image classifiers. This was when Deep Learning technology got it’s a real breakthrough and since then there’s been no looking back for advancements in this field.

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Spotlight

Cross Insurance Agency

At Cross Insurance we’re not just another independent agency. We exist for one reason and one reason alone – to bring our clients value with competitive rates and friendly and reliable customer service! Our agents don’t just show up for work. Every day they strive to exceed expectations and deliver the best insurance solutions in business, home, auto & life.

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