Infographic: 8 Surprising Things Your Homeowners Insurance May Not Cover

June 26, 2017

Many people assume that their basic homeowner’s insurance policy will pay for any type of damage that happens to their home and the property inside it, but what does homeowners’ insurance really cover? Before you assume you have the coverage you need, get to know the details of your specific policy to ensure your property is covered the right way at the right time.

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Lowers & Associates

Lowers & Associates (L&A) is an independent and internationally recognized risk management consulting firm. We offer a wide range of risk assessment, loss prevention, loss/claims investigation, audit/compliance, and risk mitigation services. Over the years, we’ve partnered with many insurance companies, insurance brokers, and insureds directly to assist in the mitigation of business, operational, and technology risks on both a proactive/pre-loss and reactive/post-loss basis. Our origins, dating back over 25 years, are in physical security and over that time we’ve become a leading authority in crime and fidelity related risk mitigation. Today our service offering extends into computer/cyber crime with a comprehensive array of enterprise risk, compliance/audit, privacy, IT/information security, and cyber risk management services. Given the areas of our historical success, special domain expertise is afforded organizations in the banking/financial services, hospital/healthcare, higher edu

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Insurance Marketing Statistics, You Should Know to Begin!

Infographic | June 7, 2022

These statistics reveal how other insurance marketers are approaching the prospect of a successful business sphere. Consumers’ Journey Begins With an Online Search: 69% of insurance customers conduct research before making an appointment with a business, Over 50% of insurance customers conduct their research on mobile devices and 68% of consumers remain ignorant of businesses based on their requirements. This lets insurers convert such indecisive customers through relevant marketing campaigns

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Interesting cyberattacks of 2019 that all reinsures Should Know About

Infographic | January 23, 2020

With the number of cyber-attacks on the rise, it’s natural to think that this increase of cyber-attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based provider of predictive cyber risk modeling solutions. “The truth of the matter is, cyber attacks are very often a modified version of an old attack. Whether it’s the same attack vector, same tools or the same vulnerability with a new exploitation, similar types of attacks, methods and techniques are likely to reappear in the near future and re/insurers should be prepared and on the lookout for how they can affect their portfolios,” added Golan.

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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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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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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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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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Spotlight

Lowers & Associates

Lowers & Associates (L&A) is an independent and internationally recognized risk management consulting firm. We offer a wide range of risk assessment, loss prevention, loss/claims investigation, audit/compliance, and risk mitigation services. Over the years, we’ve partnered with many insurance companies, insurance brokers, and insureds directly to assist in the mitigation of business, operational, and technology risks on both a proactive/pre-loss and reactive/post-loss basis. Our origins, dating back over 25 years, are in physical security and over that time we’ve become a leading authority in crime and fidelity related risk mitigation. Today our service offering extends into computer/cyber crime with a comprehensive array of enterprise risk, compliance/audit, privacy, IT/information security, and cyber risk management services. Given the areas of our historical success, special domain expertise is afforded organizations in the banking/financial services, hospital/healthcare, higher edu

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