Managing Life Insurance in a Trust Setting

In this webinar, Insurance Thought Leadership Editor-in-Chief Paul Carroll interviews James Maudslay, Head of Global Insurance at Equinix, on how information systems are – and aren’t – taking new forms.

When you’re making crucial underwriting decisions for the commercial properties in your portfolio, it helps to know when and how the data you’re relying on was collected. With more than 15 million commercial properties in the United States, it’s impractical to visit each one in person every year—even with the help of our team of 400 field representatives. InsurTech has opened the door to virtual, mobile, and automated strategies that can refresh data more frequently—helping you compete more confidently in the fast-paced commercial property market.

Many companies rely on information contained in a certificate of insurance as proof of insurance coverage, only to find out after it is too late that the information was not accurate or coverage was not in place. Policyholders often furnish third parties with certificates of insurance without considering the effects doing so may have on their coverage. Insurance agents can also be too quick to issue a certificate of insurance, and may face liability or even fines if they are not careful. This topic will help anyone working with certificates of insurance in any field understand what a certificate of insurance is, and what it can and cannot do, and will fully explain the pitfalls of certificates of insurance, and how policyholders, brokers, and third parties seeking coverage under another's policy can get themselves into trouble in requesting, issuing, and relying upon certificates of insurance.

The global economy has quickly adapted to the new normal, and customer expectations of speed and security continue to drive innovation and adoption. COVID-19 has moved digitization to the forefront, and Property & Casualty (P&C) insurance is no exception. As insurers look to protect employees while answering policyholder demands for faster and safer payment methods, push to card solutions have emerged as a method of offering a new level of flexibility and speed to a traditionally ACH and check heavy industry.