Spotlight

Insurance is multisecular because it answers the fundamental needs of every age. The first oral insurance contracts started to spread in the fourteenth century, when the merchants required another layer of safety beyond cannons to defend their assets from the dangers of sea and pirate attacks. When the merchants began to feel the need to insure the goods transported against the dangers of the sea and the acts of piracy. The fifteenth century gave birth to the written form of insurance contract, that listed all the clauses of the insured circumstance. During the same period, the first insurance companies protected their customers from fires and during the eighteenth century, following the evolution of maths and statistics, the first insurances on human life started to spread.

Related News

Valmark Financial Group Launches Life Insurance Fulfillment Tool (LIFT)

Valmark Financial Group | May 14, 2020

Valmark continues its rich history of innovation in the life insurance industry by expanding its toolkit for independent insurance and financial professionals. Its newest offering, the Life Insurance Fulfillment Tool™ (LIFT™), is focused on making the process of buying life insurance simpler for both clients and advisors. The global health pandemic and economic crisis have impacted most major industries, turning on its head the traditional purchasing processes of many businesses. At the center of this disruption is the life insurance industry, one that is notorious for its laborious requirements of paper applications, wet signatures, overnight packages, and physical examinations. The current environment only makes an already difficult process, historically focused on physical interaction, even more challenging, especially for larger policies. Valmark has capitalized on this challenging environment by creating a tool that makes the life insurance buying process simpler and faster for clients, and more efficient for financial professionals. By combining the accelerated programs currently offered by insurance companies and its existing Private Underwriting Risk Evaluation™ (PURE™) process with a new HIPPA-compliant application process called LIFT™, Valmark is taking the life insurance process to where the rest of society is – remote!

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Atlas General Insurance Services announced the formation of the Client Solutions Group

Atlas General Insurance | May 21, 2020

Atlas General Insurance Services announced the formation of the Client Solutions Group. Solutions Group, where the first available Client Solutions Representative will take your call and find solutions to your questions or concerns. The types of questions the Client Solutions Group addresses are often centered on billing, audit, submission, or commission issues. Atlas General Insurance Services is proud and excited to announce the formation of the Client Solutions Group. This group will be housed at our corporate headquarters, managed by Brent Lambert, and staffed by a group of individuals trained to manage the most common questions and challenges observed in our partner base community. Similar to the rest of the insurance industry, Atlas is taking advantage of the technological advances to improve efficiency and convenience for the company and most importantly for our clients. As businesses continue to become highly automated, we find a common denominator in our clients’ feedback regarding the difficulty to reach a ‘live person’ by phone. As a result, innovation loses its value if it comes at the expense of those whom we are trying to serve. Read More: NFS modernized flood insurance space by launching Trident Instead of reaching an automated operator giving you multiple choices that might not fit your particular question or need, all calls are now routed directly to our Clients Solutions Group, where the first available Client Solutions Representative will take your call and find solutions to your questions or concerns. In the event that our CSR is unable to assist with your inquiry, they will perform a “warm transfer” to another Atlas team member who is best able to support you. If assistance is not immediately available, they will take ownership of the question or concern and perform all necessary follow-up until a resolution is found. The types of questions the Client Solutions Group addresses are often centered on billing, audit, submission, or commission issues. It is important to point out that very few calls or concerns fall outside our ability to resolve the inquiry. As a value-add to partnering with Atlas, your questions will now be answered with you on the phone. Client Solutions Group is determined in strengthening relationships between our team members and clients for a much more successful interaction with Atlas. Read More: Guardian Life Unveiled a New Feature Term Life Insurance With a Built-in Benefit for Charity We encourage our clients to try this convenient offering by giving us a call regarding an existing transaction, or perhaps even calling us with a new transaction to show our commitment to efficient solutions and excellent service. About Atlas General Insurance Services, LLC Atlas General Insurance Services is a full-service program administrator that offers a wide range of insurance solutions. Atlas has expertise in developing and underwriting programs with a variety of insurance carrier partners. Atlas provides exceptional service and unique options for clients seeking workers’ compensation, commercial lines and specialty property coverage.

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Worry+Peace marked its first foray into open insurance with scalable review-focused tools

Insurance Business | July 29, 2020

Insurtech company Worry+Peace has marked its first foray into open insurance with the release of a pair of automated and scalable review-focused tools accessible to all providers who are using the firm’s online platform. Reviews API gives each insurer a default key and a corresponding product key to every product it lists on the Worry+Peace marketplace, allowing for seamless data transmission. Onboarding for existing providers has already started and is set to be completed by the end of August.The company has also launched Reviews BCC, which enables insurers to send out customised review requests by copying Worry+Peace in outbound e-mails. The tool can also be automated using a CRM system. Both tools operate on a “cost-per-use basis,” with users given the option to spend their credits on inviting reviews or boosting their listings.

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Spotlight

Insurance is multisecular because it answers the fundamental needs of every age. The first oral insurance contracts started to spread in the fourteenth century, when the merchants required another layer of safety beyond cannons to defend their assets from the dangers of sea and pirate attacks. When the merchants began to feel the need to insure the goods transported against the dangers of the sea and the acts of piracy. The fifteenth century gave birth to the written form of insurance contract, that listed all the clauses of the insured circumstance. During the same period, the first insurance companies protected their customers from fires and during the eighteenth century, following the evolution of maths and statistics, the first insurances on human life started to spread.