Millennials in Insurance

October 25, 2018

This year’s report surveyed millennials across a broad spectrum of topics from the state of the industry, what millennials value most, technological advances and shortcomings, and the future of the insurance industry. The Millennial generation is defined as any person between the ages of 22 and 37. The results not only provide employers with fascinating insight into what makes millennials tick, but also make it clear that the industry’s future is being left in good hands.

Spotlight

Continental Western Group

We are a regional property casualty insurance company offering commercial products and services through independent agents in the Midwest. Continental Western Group provides unique value through the service provided by our experienced group of employees and independent agents. Our philosophy of having employees based in the states we serve means you receive service from people who understand local differences and your unique needs. We believe that specialized knowledge about customers, territories or region-specific business interests happens when we're as close to the customer as possible.

OTHER WHITEPAPERS
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Why evolving consumer behaviors require changes from insurance providers

whitePaper | August 3, 2023

It’s no secret that the global pandemic has upended everyone’s life. We know this anecdotally from our own experiences—more online shopping with curbside pickup orders, ordering takeout and delivery versus in-person dining, and changing media consumption. And let’s not forget remote working and learning. These experiences are more than simply anecdotal; McKinsey has written about the more specific effects of the pandemic on consumer behavior and needs. In short, they write: “behavior changes will reshape consumer decision journeys and companies will need to adapt fast.”

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Health Insurance top trends 2021

whitePaper | August 20, 2021

COVID-19 brought sweeping implications for all industries, but nowhere more so than in the health insurance industry. And now, firms continue to face challenges on multiple fronts as they work to meet the expectations of both members and employees. At the peak of disruption, the focus was on ensuring business continuity. These days efficiency initiatives are cropping up as insurers adapt to the new normal.

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The insurance trends private-equity investors should understand in 2021

whitePaper | August 25, 2021

As the contours of a postpandemic economy begin to take shape, the implications for privateequity (PE) investors in the insurance sector are also coming into focus. When we last published our perspective on this space, in November 2020, insurance-industry M&A activity was on the rise, insurtech IPOs and special-purpose acquisition companies (SPACs) were taking off, and uncertainty around the timing of COVID-19 vaccines and the “next normal” loomed large. Today, many players in US and European markets are applying insights from their 2020 performance to emerge stronger amid increased consolidation, digitization, and specialization, as well as persistently low interest rates.

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How can data enrich the property claims journey from FNOL to payments?

whitePaper | December 13, 2022

A recent roundtable hosted by Insurance Post in association with LexisNexis Risk Solutions saw an expert panel discuss how data enrichment can be used from a post-loss perspective and what this change could mean for the future of property claims. This article provides a summary of the discussion.

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5 Reasons why insurers should modernise their claim payment process

whitePaper | July 5, 2022

Modern UK insurance providers are focused on accommodating the changing expectations of their customers1 : improving customer service; streamlining claim payment processes; reducing manual disbursement methods, and increasing the speed of claim payment delivery. A digital payout solution can help transform all five of these areas to meet – and exceed the new demands.

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Doing Business with the FDIC

whitePaper | April 28, 2022

This brochure is designed to assist firms seeking to do business with the Federal Deposit Insurance Corporation (FDIC). It outlines the FDIC’s mission, organization, operational requirements, contracting policies and procedures, and information about the Minority and Women Owned Program (MWOP). It discusses the specific ways a business should go about trying to fulfill our contracting needs.

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Spotlight

Continental Western Group

We are a regional property casualty insurance company offering commercial products and services through independent agents in the Midwest. Continental Western Group provides unique value through the service provided by our experienced group of employees and independent agents. Our philosophy of having employees based in the states we serve means you receive service from people who understand local differences and your unique needs. We believe that specialized knowledge about customers, territories or region-specific business interests happens when we're as close to the customer as possible.

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