Best practices for increasing policyholder retention and satisfaction

February 3, 2020

The U.S. property and casualty (P&C) insurance market continues to rank among the most competitive in the world, and the competition is only getting stiffer. In an effort to differentiate themselves from the competition, many insurance carriers have turned to aggressive pricing in the form of lower premiums for policyholders. Still others have tried to pull ahead of the pack with self-service claims models or other specialized insurance products.

Spotlight

Axco Insurance Information

With over 50 years’ experience in researching and delivering industry intelligence on insurance and employee benefits, Axco provides business-critical compliance and market data on non-life, life and benefits, personal accident, healthcare and employee benefits markets across the globe. Axco information is relied upon by a diverse range of organisations and our client base extends from the world’s foremost insurers, reinsurers, brokers, risk managers, catastrophe modellers and employee benefits specialists, to law firms and financial institutions.

OTHER WHITEPAPERS
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Leveraging data, analytics and automation (including AI / NLP) to transform underwriting operations in the Lloyd’s and London market

whitePaper | May 10, 2022

On 1st March 2022, The Insurance Network (TIN) and EXL, the leading Data, Analytics and Digital Transformation business hosted a breakfast briefing exploring automatic extraction and enrichment of unstructured pre-bind data to streamline processes and ultimately improve underwriting decisions in the London market. The discussions were moderated by David McKenzie, IT Business Relationship Director at CNA Hardy, and AI and transformation expert Sumeet Goswami, Head of Digital Transformation & Insurance Consulting at EXL. This summary explores the key themes from the discussions that followed.

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Moving to the cloud is reshaping the insurance industry

whitePaper | October 25, 2022

With many employees working from home and digital business on the rise, insurers need a solution for managing, data, core systems and organisational needs. This whitepaper discusses the benefits of cloud computing for insurance companies.

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Cyber Insurance 2022: Reality from the InfoSec Frontline

whitePaper | May 15, 2022

Sophos’ annual study of the real-world experience of IT professionals at the frontline has revealed how their experience of obtaining cyber insurance coverage has changed over the last year. It also shows the impact cyber insurance has had on their cyber defenses. With ransomware a major driver of both cyber insurance purchase and claims, the study also shines light onto how often cyber insurance policies pay out in the event of an attack and the types of costs that are addressed, including how often insurers pay the ransom.

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TRENDS: INSURANCE

whitePaper | December 13, 2019

This paper contains the views and thoughts from the Sovos global practice and contributors include our indirect tax, e-invoicing and other subject matter experts from across the organisation. Our aim is to provide you with a high-level insight into the challenges that not only insurers but also governments are facing and how insurers need to adapt to survive and prosper in today’s digital age.

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Motor insurance: Acquiring and retaining the right customers in a post COVID-19 world

whitePaper | April 6, 2022

The impact of the COVID-19 outbreak has been devastating for the global economy, and with many countries in extended lockdown, there has been a seismic shift in customer behaviour and business operations.

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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

Axco Insurance Information

With over 50 years’ experience in researching and delivering industry intelligence on insurance and employee benefits, Axco provides business-critical compliance and market data on non-life, life and benefits, personal accident, healthcare and employee benefits markets across the globe. Axco information is relied upon by a diverse range of organisations and our client base extends from the world’s foremost insurers, reinsurers, brokers, risk managers, catastrophe modellers and employee benefits specialists, to law firms and financial institutions.

Events