5 Largest Canadian Insurance Company Acquisitions

April 22, 2019

A great lot of insurance companies often belong to the larger ones. And even though the majority of them kept their own brand and might seem like they don’t rely on any terms and make decisions independently, this is not entirely the truth. Companies that are parts of larger corporations have to abide by the specific rules of operation, revenue, and savings as well as claim processes and customer service.

Spotlight

Tufts Health Plan

Founded in 1979, Tufts Health Plan is nationally recognized for its commitment to providing innovative, high-quality health care coverage. We are true to our mission of improving the health and wellness of the diverse communities we serve. Touching the lives of more than one million members, Tufts Health Plan serves members in Massachusetts, Rhode Island and New Hampshire through employer-sponsored plans; Medicare; Medicaid and Marketplace plans, offering health insurance coverage across the life span regardless of age or circumstance.

Other Infographics
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Accredited Advisor in Insurance(AAI)- The Next Step for Insurance Producers

Infographic | February 23, 2020

Have you ever found yourself positioned against too many competing agents who have similar qualifications to yours? Have you ever been in a situation where your leads are looking for an AAI designated insurance producer? It comes as no surprise that the insurance market is a competitive one and is evolving substantially. As an insurance agent, you might have overcome many obstacles to be where you are right now. So how can you develop more as an agent? What can you do to provide your clients with more appropriate services? How can you differentiate yourself from your competitors?

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WHAT ACCOUNTS FOR THE GROWTH IN PRIVATE HEALTH INSURANCE SPENDING?

Infographic | March 5, 2020

Hospital care is the largest contributor to commercial health insurance spending growth - 42% of the increase since 2016. The growth in spending due to hospitals is more than twice that of the growth due to physician services and administrative costs, and ten times that of prescription drugs and nursing care. Efforts to control spending should consider how drivers of spending growth are linked to better patient care and chronic disease management.

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5 Challenges in AI implementation for Insurers

Infographic | January 16, 2020

AI can improve productivity and help in decision making through training datasets. According to the survey of the Dataconomy, nearly 81% of 225 data scientists found the process of AI training more difficult than expected even with the data they had. Around 76% were struggling to label and interpret the training data.

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Why use an insurance broker

Infographic | February 12, 2020

With the introduction of price comparison sites, business owners can find insurance quotes within minutes by answering a few simple questions. For someone who doesn’t have a lot of time or is looking for a cheap quote, these sites work well, but do they meet your insurance needs? Take a look at the infographic below to see why using an insurance broker could help secure the best deal for your business insurance.

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Life insurance: Who should get it?

Infographic | December 15, 2019

64% of people say they haven't bought life insurance because it's too expensive, yet they overestimate its true cost by more than double. The sooner you buy life insurance, the less it may cost over time. Having life insurance may make sense for these individuals.

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CAR INSURANCE AND THE IMPORTANT OF HIGHER COVERAGE AMOUNTS

Infographic | January 15, 2020

Were you considering car coverage? Let the infographic inform you why automobile insurance is needed. Most people just choose the cheapest quote they receive for coverage, without really thinking seriously about what would be protected in case of an accident.

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Spotlight

Tufts Health Plan

Founded in 1979, Tufts Health Plan is nationally recognized for its commitment to providing innovative, high-quality health care coverage. We are true to our mission of improving the health and wellness of the diverse communities we serve. Touching the lives of more than one million members, Tufts Health Plan serves members in Massachusetts, Rhode Island and New Hampshire through employer-sponsored plans; Medicare; Medicaid and Marketplace plans, offering health insurance coverage across the life span regardless of age or circumstance.

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