Digital Outbound Payments: Reaching the Peak of the Summer Heat Index!
The hot temperatures of summer are kicking in around the US, and we can see that it is not just the outside temperatures that are escalating. As we take the temperature of digital transformation in the market, there is one area that is quickly rising from “warm” to “red hot.”...
The New Era of Geocoding: The Key to Advantage in Property Underwriting
In the real estate market, it is often said that the three most important factors are location, location, and location. A similar argument could be made for insurance property underwriting. Of course, the attributes of the property itself are important – and there is a lot of buzz in the...
InsurTech Distribution – The New Frontier – Again!
Compiling a list of the Top 50 InsurTechs (as was done at SMA in the April 2020 timeframe) is an interesting process. First off, you quickly realize that there are an amazing number of InsurTechs with meaningful value propositions that are on the path to success. Way more than 50!
P&C Tech Plans and COVID-19: The Good, The Bad, and the Ugly (but Mostly Good)
P&C insurers are staying the course when it comes to their original digital and technology plans and investments for 2020. Many insurers report no changes to their plans, with some reshaping and a few accelerating, but very few pausing or retrenching.
The Growing Case (and Opportunity) for Insurance Coverage Transparency
Sadly, the insurance-focused news outlets are starting to overflow with references to who is suing whom over certain types of coverage related to the COVID-19 pandemic. There is a growing regulatory and legislative outcry for the insurance industry to pay out in instances where there is no specified coverage or...
Insurance Tech Vendors: The Best of Times and the Worst of Times
With the dramatic shifts in the business world due to the pandemic, it seems that every aspect of tech and insurance is being scrutinized. After speaking with dozens of tech companies over the last two weeks – including incumbents, InsurTechs, and companies of all sizes, a theme has emerged.
After COVID-19 Passes, Will Auto Telematics Get a New Lease on Life?
Over the past several weeks, there have been numerous aerial photos of some of the nation’s largest highway systems – devoid of vehicles. The sight of tens of miles of interconnected ramps, junctions, and straightaways with no visible cars is startling, almost a made-for-Hollywood view.
Core System Buying Patterns: Meeting the Digital Needs of Today and Tomorrow
The core system of tomorrow needs to be the backbone that will support the digital enterprise of the future.
THE 10 MOMENTS OF TRUTH: How Insurers are Responding to COVID-19
In the midst of all the chaos, insurers are being put to test in real time. For all, it becomes the moment of truth for our industry and every individual company.
The Moment of Truth: Cloud Computing Delivers Needed Services to our Distributed Workforce
Through the countless discussions that have occurred this past two weeks with many insurers, there have been many successful strategies that have shone through as insurers have been executing their business continuity plans. And there have been certain challenges on the other side.
