How InsurTech is transforming the insurance industry to address a new era of emerging risks, and improving lives along the way.

December 10, 2019

Insurance, since its inception, has shaped patterns of economic and social growth. It has helped us mitigate the damage of threats and disasters from droughts to car accidents, and has opened new pathways to financial health and stability that would not have been possible without risk management. Insurance is part of all of our lives and, as societies across the globe now grapple with increased risks from climate change to geopolitics, and new trends in consumer demand and technological advancement, insurance is changing.

Spotlight

Worldwide Facilities, LLC

Established in 1970, Worldwide Facilities is a national wholesale insurance broker, managing general agent and program underwriter. We offer property, casualty, professional and personal lines products as well as specialty programs to insurance agents and brokers nationwide. With any given opportunity we dedicate our best resources, knowledgeable staff and high standards to exceed expectations.

OTHER WHITEPAPERS
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What does ESG mean for Underwriting and Insurance?

whitePaper | June 22, 2022

For many people, ESG brings to mind environmental issues like climate change and resource scarcity. These form an important element of ESG, but the term means much more. It also covers social and governance issues.

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The role of wearables in private medical insurance

whitePaper | March 9, 2020

Ever since the rollout of electronic devices capable of measuring and recording various types of health data, private medical insurers have been carefully eyeing the potential usage of these devices. This paper discusses the implementation and practical uses of wearable technology in the private medical insurance market.

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Can Insurers Learn How to Develop Strong Digital Customer Relationships?

whitePaper | January 12, 2022

Insurers need to tackle the rapid changes to their ecosystem. They instinctively react in the same way they have always reacted in previous crises — by making marginal adaptations to the traditional way of doing things and further optimizing and streamlining the existing business model.

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Important Considerations for Independent Agents Today

whitePaper | December 21, 2021

It would be imprudent, however, to suggest that change isn’t coming. If nothing else, the pandemic has brought about a whole new set of unexpected financial challenges – which means consumers are looking for more choice than ever before. This pandemic has also demonstrated the overarching value proposition of insurance. In turn, this means we’re seeing savvy agents broaden their targets, so they’re not only focused on the more affluent middle classes but instead finding creative and impactful ways to reach those largely underserved segments.

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Fleet EV adoption 2022: Are UK businesses adapting to the accelerated electric vehicle revolution?

whitePaper | March 10, 2022

Whilst largescale fleet and leasing companies are leading the ascent on new EV purchasing, a significant number of businesses are yet to introduce EVs to their fleets. This whitepaper focuses on how businesses are adapting to the accelerated EV revolution and attitudes towards electrification.

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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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Spotlight

Worldwide Facilities, LLC

Established in 1970, Worldwide Facilities is a national wholesale insurance broker, managing general agent and program underwriter. We offer property, casualty, professional and personal lines products as well as specialty programs to insurance agents and brokers nationwide. With any given opportunity we dedicate our best resources, knowledgeable staff and high standards to exceed expectations.

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