Zeus Shield Smart Insurance Market V0.7

July 22, 2017

Insurance is an important tool for transferring risks. By nature, it is a form of mutual assistance between different groups. People transfer the risks that they cannot or do not want to bear to the insurer collectively and thus pay a small but regular amount in exchange for enormous economic guarantees. In this way, risks are transferred in the form of insurance. The blockchain is a distributed ledger technology. It is accessible to the public, inalterable and unforgeable, and therefore has the potential to help humankind turn the concept of an“Internet of value” into a reality. The blockchain is a fundamental technology for our species’ next phase of development and will affect all walks of life with its simple but perfect technical design.

Spotlight

Selective Insurance

Selective works together with our independent agency partners to create and deliver business and personal insurance solutions that best fit customers’ needs. Providing insurance since 1926, Selective has built a reputation with agents and customers for trust, integrity and service excellence, backed by an “A” (Excellent) or better rating from insurance rating organization A.M. Best Co. since 1930. Our customers can trust Selective to be there when they need us because we know Response is everything.®

OTHER WHITEPAPERS
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General insurance code of practice

whitePaper | September 15, 2022

Australia’s insurance industry is undergoing the biggest regulatory and compliance changes in its history. This report details how the changes directly impact insurance companies; outlines the penalties for non-compliance; and shows how you can not only meet the compliance requirements, but improve the business as a result.

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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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Reimagining insurance benefits for a changing workforce

whitePaper | June 7, 2022

Can traditional L&A carriers—the old faithful faces of the insurance industry— really take on new market entrants and nimble InsurTechs to re-shape the face of group and worksite benefits? With the right tools and mindset, the answer is yes. Hailed as “the Great Resignation,” the workplace attrition crisis during the COVID-19 pandemic saw millions of workers across the globe re-imagine their working lives and leave their employers in search of something new. It would be natural to think of this trend as a negative, triggering a universal business-critical challenge. But dig deeper, and a significant opportunity emerges for employers to reassess the way they attract, retain and value their workforce—and for providers to reimagine the products, such as life and group insurance, that enable this. With no obvious end in sight for a trend hallmarked by frequent job changes and the enduring nature of the gig economy, group carriers would do well to think about how they will now adapt to the evolving employee benefits market. – for both active employees and those that are leaving or have left traditional employment.

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Reinsurance management: The biggest risk in insurance?

whitePaper | June 14, 2023

Reinsurance is a vital function, empowering insurers to offer more coverage to more customers at a more competitive price. But at a time when every insight, innovation and advantage is needed to help insurers take ownership of their reinsurance program, their antiquated reinsurance management systems and methods may be the biggest factor limiting their reinsurance program success and business performance.

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Evolving role of reinsurance in a world fraught with cyber risks

whitePaper | August 24, 2022

Commercial insurance has traditionally protected businesses from a wide range of unexpected circumstances. These circumstances underwent significant change during the pandemic, with the move to remote work and plans for business continuity. But these are not the only coverages affected by the pandemic. Cyber security threats have also spiralled.

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Top Insurance Industry Issues in 2019

whitePaper | November 29, 2019

Insurance carriers have invested a great deal in digital capabilities in recent years. While these initiatives reflect a genuine need to be more efficient and profitable, it can be difficult for management to maintain a clear perspective on strategy in the face of what amounts to generational change. Accordingly, whether you’re embarking on a digital transformation or just making targeted improvements, there are a few important things to keep in mind.

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Spotlight

Selective Insurance

Selective works together with our independent agency partners to create and deliver business and personal insurance solutions that best fit customers’ needs. Providing insurance since 1926, Selective has built a reputation with agents and customers for trust, integrity and service excellence, backed by an “A” (Excellent) or better rating from insurance rating organization A.M. Best Co. since 1930. Our customers can trust Selective to be there when they need us because we know Response is everything.®

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