Ladder Launches Life Insurance Product in New York

Ladder | January 14, 2020

Today, Ladder Insurance Services, LLC, (Ladder) announced that the LadderLifeTM term life insurance product issued by Allianz Life Insurance Company of New York (Allianz Life® of NY) will be offered to New York residents, marking the completion of its nationwide rollout. New York residents will now be able to enjoy the same quick insurance application process, real time underwriting, and flexible coverage that Ladder has been offering to California since 2017, and to the rest of the country since 2018. New York is one of the most expensive states in which to live. In its recent ranking of America's Top States for Business which rates all 50 states based on an index of average costs for basic items from groceries to housing, CNBC ranked New York as the third most expensive when it comes to cost of living– housing prices in Manhattan are estimated to be the most expensive in the nation.

Spotlight

11 Disruptive Insurance Technologies to Watch in 2019 – Analysts say that $2 Billion will be invested into InsureTech (insurance technology) in the coming year – 2019. New startups like Reassurance are bringing automation, artificial intelligence, and machine learning to independent insurance brokers and agents that will enable them to better serve their customers and increase their bottom line. From improving the way consumers shop quotes, purchase their policies, and initiate the claims process many parts of the insurance value chain are improving with these disruptive technologies.

Spotlight

11 Disruptive Insurance Technologies to Watch in 2019 – Analysts say that $2 Billion will be invested into InsureTech (insurance technology) in the coming year – 2019. New startups like Reassurance are bringing automation, artificial intelligence, and machine learning to independent insurance brokers and agents that will enable them to better serve their customers and increase their bottom line. From improving the way consumers shop quotes, purchase their policies, and initiate the claims process many parts of the insurance value chain are improving with these disruptive technologies.

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RISK MANAGEMENT

Osborn Insurance Group Partners with Integrity to Bring Cutting-Edge Technology to Agents and Clients

Osborn Insurance Group | February 04, 2022

Integrity Marketing Group, LLC ("Integrity"), an omnichannel insurtech leader in life, health and wealth solutions, announced it has acquired Osborn Insurance Group, an independent marketing organization ("IMO") based in Springfield, Missouri. As part of the acquisition, John Osborn, President of Osborn Insurance Group, will become a Managing Partner in Integrity. Financial terms of the transaction were not disclosed. "Osborn Insurance Group recognized that partnering with Integrity could help them grow, while retaining the best parts of their business and company culture, Family is an important part of their culture, which is why the Osborn team felt like a perfect fit with our Integrity family. Over the years, Osborn Insurance Group has always appreciated adopting innovative technology solutions and their technology needs have surpassed what they could create on their own. Integrity is deeply invested in innovation and committed to creating the strongest insurtech products and systems for our partners. Brought together, our strengths will enhance an already successful business and keep Osborn Insurance Group growing for years to come." -Bryan W. Adams, Co-Founder and CEO of Integrity. Osborn Insurance Group began providing Medicare Supplement products to seniors in 1993. With a passion for helping agents grow their business, agency founder Gary Osborn led the company's evolution into an IMO focused solely on agent support. Osborn transitioned leadership to his son, John Osborn, in 2018. Today, Osborn Insurance Group helps independent agents and agency owners propel their businesses forward and has grown into one of the most prominent and respected IMOs in its region. Through its Integrity partnership, Osborn Insurance Group will join a network of industry icons and legends. Integrity is building a thoughtful collective of leaders who are committed to innovating insurance in ways that help Americans prepare for the good days ahead. This partner network collaborates on best practices and strategies to optimize insurance and financial processes, and strives to protect the life, health and wealth of all Americans. "I'm truly excited about the ways this partnership will move our agency into the future, Integrity offers us access to top-tier technology and systems that align with our needs and focus. I'm also looking forward to participating in the Integrity partner network. Integrity has created cohesion among legendary industry leaders who can now focus on growth and innovation together. The ability to share and communicate with those experiencing similar challenges and successes will be incredibly impactful to our business. Going forward, I see two directions for Osborn Insurance Group: bigger and better." -John Osborn, President of Osborn Insurance Group. Osborn Insurance Group will look to enhance its growth trajectory by utilizing Integrity's omnichannel platform of insurtech resources. These proprietary systems include quoting and enrollment offerings, product development, and data and analytics. In addition, Osborn Insurance Group will access Integrity's shared business services, which include IT, human resources, legal and compliance, and access to a world-class advertising and marketing agency. Osborn Insurance Group can also offer its employees meaningful company ownership through the Integrity Employee Ownership Plan. About Integrity Marketing Group Integrity, headquartered in Dallas, Texas, is an omnichannel insurtech leader of life and health insurance, and provider of innovative solutions for wealth management and retirement planning. Through its partner network, Integrity helps millions of Americans protect their life, health and wealth with a commitment to meet them wherever they are — in person, over the phone and online. Integrity's cutting-edge technology helps streamline the insurance and financial planning experience for all stakeholders. In addition, Integrity develops products with carrier partners and markets them through its distribution network of agencies, brokerages and RIAs throughout the nation. Integrity's nearly 5,500 employees work with more than 420,000 agents and advisors who serve over 10 million clients annually. In 2021, Integrity helped carriers place more than $7 billion in new sales and oversaw more than $20 billion of assets under management and advisement through its RIA and broker-dealer platforms. About Osborn Insurance Group In 1993, Gary Osborn founded the Osborn & Associates agency around a core team of agents focused mostly on Medicare supplement and health insurance sales. Many of those agents remain with the firm to this day. In the mid 2000's, the firm saw an opportunity to increase and enhance support to local agents. That culminated in the founding of Osborn Insurance Group in 2010. Today, the Osborn & Associates agency continues to deliver in-house sales, while the Osborn Insurance Group brokerage has developed into one of the leading IMOs in the Midwest. The company's mission is to build lasting and loyal relationships as it continues to innovate processes that assist agents and agencies, helping them grow and manage their businesses.

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CORE INSURANCE

Zywave Named in 2021 Now Tech Report as Large Established Digital Insurance Agency Platform

Zywave | January 05, 2022

Leading insurtech provider, Zywave, has been named as one of two large established vendors in the end-to-end solution functionality segment for digital insurance agency platform providers, according to Forrester's "Now Tech: Digital Insurance Agency Platforms, Q4 2021" report. The report overviewed 13 digital insurance agency platform providers based on market presence and functionality. Zywave is categorized as one of two large established vendors within the digital insurance agency platform space that were classified in the end-to-end solution functionality segment. "We are pleased to be named in this Forrester report, Over the past few years, Zywave has made significant investments in research and development, as well as in the acquisitions of new technologies. Today, we are proud of this recognition in the end-to-end provider functionality segment." -Eric Rentsch, Zywave senior vice president of product management. The Forrester report is a vital industry resource offering precise insights on the technology services that agencies can use to operate more efficiently. The report helps to assess the value digital insurance agency platforms can provide and further breaks them down by size and functionally, enabling businesses to make more informed decisions. A key benefit of Zywave's platform is the ability to scale to the needs of their customers, no matter their size and across personal lines, commercial lines and employee benefits. As an end-to-end solution, Zywave enables agencies and carriers to simplify digital transformation as a platform that offers marketing automation applications, integrated digital client experience software, employee mobile apps, insurance knowledge base toolkits, and distribution and compliance management offerings. About Zywave Zywave leads the insurtech industry, fueling business growth for its partners with cloud-based sales management, client delivery, content and analytics solutions. Zywave's all-in-one platform provides customizable, user-friendly options that enable insurance professionals to build a unique solution to fit their specific growth goals—their own Modern RevOps Machine. More than 15,000 carriers, agencies and brokerages worldwide—including all of the top 100 U.S. insurance brokerages—use Zywave solutions to enhance client services, achieve business growth and promote greater health, wellness, risk management and safety.

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Aviva Canada Adopts CoreLogic’s digital insurance hub to power its claims Business

Business Wire | September 08, 2020

CoreLogic®, a leading global property data and analytics-driven solutions provider, announced today Aviva Canada has adopted CoreLogic’s leading digital insurance hub. Aviva chose CoreLogic’s digital insurance hub because it enables the seamless unification of all parts of the claim supply chain on one cloud-native concurrent platform. CoreLogic simplifies claims workflows, enables innovation agility through best-in-class InsurTech solutions and integrates its supply chain partners into the claims workflow with a flip of a switch.

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