Why Digital Transformation Should Be Every Insurer’s Top Priority

September 25, 2015

With more people instinctively turning to their smartphones to interact with the world, insurance carriers are searching for new customer-centric ways to interact with their policyholders. Hyperconnectivity has drastically impacted how consumers behave, how they interact, and even how they think. Customer expectations in the digital age are soaring. Consumers expect instant gratification and round-the-clock service, not to mention personalized content, user-friendly design, and flawless functionality.

Spotlight

Badger Mutual Insurance Company

Since 1887, Badger Mutual Insurance has been committed to protecting our policyholders and what means most to them - their families and their future. Our unique IT Department and cutting-edge technology provide efficient service and reduce waste, our innovative and comprehensive products allow us to remain competitive in the ever-changing insurance industry, and our exciting, engaging company culture fosters the success of our employees.

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Consumer indifference is still a challenge for personal cyber insurers

whitePaper | March 9, 2020

Only about one in 10 connected Americans say they have insurance to help them recover from a cyberattack. And close to half do not know whether they have this protection, according to the Insurance Information Institute and J.D. Power 2020 Consumer Cyber Insurance and Security Spotlight Survey℠. Because of consumer confusion about their current cyber coverage, and the persistent idea that consumers are unwilling to pay more, insurers are faced with a challenge. They need to find a way to educate and inform consumers about the benefits of personal cyber insurance, and its value for helping them recover from thousands of dollars in personal losses after an attack.

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Expecting The Unexpected: Australia’s preparation for financial uncertainty

whitePaper | March 15, 2023

For the seventh consecutive year, NobleOak has commissioned research into Australia’s life insurance industry. The goal? To better understand the forces shaping consumer demand in a rapidly evolving sector. Why? Because we hope our findings can help improve the customer experience and the value that Australians receive from products within the life insurance industry.

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Key Features of the The Life Insurance Policy within the Prudential ISA

whitePaper | June 14, 2022

If you invest in a PruFund Fund in the Prudential ISA through the Life Insurance Policy, the assets will be held in trust on your behalf by Link Financial Investments (Nominees) Limited in its capacity as the ISA Plan Manager’s nominee. You don’t hold any direct rights under the Life Insurance Policy.

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IPT compliance: A guide for insurers

whitePaper | March 7, 2023

Written by Sovos’ team of regulatory specialists, this guide for insurers provides everything you need to know about the IPT regulatory landscape. A mix of deep dive country-by-country information in addition to guidance on IPT and the digital tax landscape, this guide is for any insurer wanting to know more about IPT compliance. Despite its focus on Europe, our guide also explores other jurisdictions in Asia, Australia, North and South America. This guide is your trusted source of information wherever in the world you write business.

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How does artificial intelligence make subrogation viable and valuable?

whitePaper | January 17, 2023

Subrogation offers insurers the important chance to reduce claim costs by assigning full or partial responsibility to another party. It is most commonly used in automotive insurance, but can also be applied to property claims, renter’s insurance, and policies covering possessions such as phones or appliances. But opportunities for subrogation can be missed, which likely costs insurers billions of dollars each year.

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2022 Trends for Insurance Digital Marketing

whitePaper | September 9, 2022

The insurance market is in constant change due to several global circumstances that are constantly growing, on which depend the opportunities, but also the challenges of today’s insurers. Moreover, the COVID-19 pandemic has left the industry with nowhere to hide. Coronavirus and the resulting lockdown have affected every corner of the business world, and the political, social, economic, technological, budgetary and energetic uncertainty resulting from the situation has become a day-to-day.

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Spotlight

Badger Mutual Insurance Company

Since 1887, Badger Mutual Insurance has been committed to protecting our policyholders and what means most to them - their families and their future. Our unique IT Department and cutting-edge technology provide efficient service and reduce waste, our innovative and comprehensive products allow us to remain competitive in the ever-changing insurance industry, and our exciting, engaging company culture fosters the success of our employees.

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