Transformation into the insurance company of the future is no small undertaking

January 31, 2019

Right now, the insurance sector is grappling with multiple challenges: a new, disruptive competitive landscape; soaring customer expectations; the changing nature of risk; outdated legacy systems and processes; surging cybercrime, and ever increasing legislation requirements.

Spotlight

Lumley Insurance

Lumley Insurance has been operating in Australia for nearly 100 years. We underwrite commercial lines of insurance for licensed brokers and agencies and provide risk management solutions for individuals, SME’s and large corporate clients. With a well-established presence in the Australian insurance market we provide general insurance solutions to more than 735 brokerages and employ more than 850 people across 14 office locations around the country.

Other Infographics
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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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An insurance agent’s ultimate LinkedIn guide

Infographic | December 10, 2019

Insurance agent, is your LinkedIn profile complete? According to them, only half of users have a completely finished profile. Those who DO have a complete profile are 40 times more likely to receive opportunities through LinkedIn. That’s why we’re passing along this insurance agent’s ultimate LinkedIn guide. It’s a checklist in the form of an infographic, easy to follow and use, to get you up to speed.

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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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How to get life insurance if underweight

Infographic | February 11, 2020

Weight is an important factor when it comes to getting your life insurance application approved. In fact, it could be just as challenging to obtain life insurance if underweight, as if you weigh a few extra pounds. We wanted to take the time and touch on this topic. In this guide, we would outline some of the reasons, steps, and tools to help you get the best available option.

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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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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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Spotlight

Lumley Insurance

Lumley Insurance has been operating in Australia for nearly 100 years. We underwrite commercial lines of insurance for licensed brokers and agencies and provide risk management solutions for individuals, SME’s and large corporate clients. With a well-established presence in the Australian insurance market we provide general insurance solutions to more than 735 brokerages and employ more than 850 people across 14 office locations around the country.

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