The Future of Personalization in Insurance

March 21, 2019

In early 2018, Insurance Innovators and Earnix surveyed over 500 insurance professionals to assess the value of personalization in the insurance sector. The insights present an industry expecting a significant change in the way insurance products are developed and sold, in order to meet the growing demand of consumers who expect highly personalized products that meet their unique needs. For those already making strides towards personalization – the survey showed that they are already reaping the benefits.

Spotlight

Meadowbrook Insurance Group, Inc

Founded in 1955, Meadowbrook Insurance Group focuses on three segments of the specialty insurance marketplace: insurance carrier operations, insurance services, and retail/wholesale insurance services. Our insurance carrier operations include two specialty areas; programs and specialty excess & surplus lines. Our three non-risk bearing operations are risk management services, administrative and back office services and retail/wholesale insurance services. We have six insurance carriers and are licensed on both an admitted and non-admitted basis in all 50 states.

Other Infographics
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Why Invest in Customer Care in Your Insurance Business

Infographic | March 6, 2020

Companies choose to outsource some of their business processes as it helps reduce operational costs. The outsourcing industry also created thousands of jobs to help people. In fact, a huge percent of the working class is working on various BPO companies around the world. If it has pros, it also has its fair share of cons which business owners can avoid if they take effort in choosing the right service provider.

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Most Expensive Home Insurance Claims

Infographic | December 14, 2019

Lancaster insurance agency, Martin Insurance, shares an infographic on the most expensive home insurance claims.

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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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10 PA Auto Insurance Tips

Infographic | January 4, 2020

Handling different types of auto insurance can be confusing. We have simple things every driver should know about insurance in an easy-to-read format.

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10 Disruptive Trends That Are Impacting The Insurance Industry

Infographic | February 3, 2020

10 Disruptive Trends That Are Impacting The Insurance Industry: As we move into a new decade, several risk trends are starting to emerge that could potentially disrupt the insurance industry.

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The Growing Importance of Insurance BPO Services in 2021

Infographic | August 25, 2021

Emerging from a prevailing pandemic, the industry has to face few upfront hallenges. Some of these include risk management, claims management in the backdrop of the Covid 19 pandemic, digital innovation etc. These challenges will prompt the relevance of insurance BPO in 2021. In this infographic, we look at the role of BPOs inghe insurance sector this year.

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Spotlight

Meadowbrook Insurance Group, Inc

Founded in 1955, Meadowbrook Insurance Group focuses on three segments of the specialty insurance marketplace: insurance carrier operations, insurance services, and retail/wholesale insurance services. Our insurance carrier operations include two specialty areas; programs and specialty excess & surplus lines. Our three non-risk bearing operations are risk management services, administrative and back office services and retail/wholesale insurance services. We have six insurance carriers and are licensed on both an admitted and non-admitted basis in all 50 states.

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