WHAT MILLENNIALS NEED TO KNOW ABOUT LIFE INSURANCE

June 27, 2019

They’ve been getting a lot of buzz over the years, and it’s not surprising why. Millennials are on their way to becoming the largest generation in the world. They account for being in an exclusive club of 1.8 billion people, which is about a quarter of the global population, and are at the point of overtaking baby boomers as the biggest adult population in the US.

Spotlight

Insurance Fraud Bureau (IFB)

The Insurance Fraud Bureau (IFB) was established in 2006 to lead the insurance industry's collective fight against organised fraud. A central hub for sharing fraud intelligence, the IFB commands unique access to industry data, which is analysed using advanced analytical software to detect organised fraud networks. Since its inception, IFB investigations have contributed to 1,100+ arrests, 400+ convictions and circa 400 years in prison for criminals.

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DISRUPT OR BE DISRUPTED: Clearing the Path to Digital Transformation

Infographic | January 24, 2020

Digital transformation in the insurance industry is real, led by InsurTech startups that are demonstrating how the creative application of innovative technology can deliver the products, services and overall experience customers want from every business they connect with. Agents and employees, as well, want a modern way to access, share and work with information, and a complete view of their customers at any time.

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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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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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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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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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PROMOTING POSITIVE CULTURE WHEN ADOPTING INSURTECH

Infographic | March 9, 2020

How can you promote a positive workforce culture to draw a younger generation of professionals to the insurance industry? A survey by SALT Associates and RGA Group Research explores how culture influences disability and life insurance claims operations in the US and Canada. Results indicate that insurance technology will play a role in improving culture in claims administration by easing workloads and scaling processes. At the same time, positive culture will help foster insurtech adoption in this space.

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Spotlight

Insurance Fraud Bureau (IFB)

The Insurance Fraud Bureau (IFB) was established in 2006 to lead the insurance industry's collective fight against organised fraud. A central hub for sharing fraud intelligence, the IFB commands unique access to industry data, which is analysed using advanced analytical software to detect organised fraud networks. Since its inception, IFB investigations have contributed to 1,100+ arrests, 400+ convictions and circa 400 years in prison for criminals.

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