Let’s talk about this buzzword you’ve likely heard tossed around at industry meetings ‘social inflation.’ At its core, it’s about…
The insurance industry faces one of the highest customer acquisition costs compared to all other sectors, with an average cost…
The insurance industry accounts for the highest number of data breaches compared to healthcare, IT, private business, and manufacturing. This…
In 2022, state insurance departments conducted 4,379 financial and 1,260 market conduct examinations, highlighting the critical need for compliance with…
Safeguarding sensitive data is paramount for businesses across the spectrum. The insurance industry is no exception. As cyber threats evolve…
The insurance industry is no stranger to challenges. In 2023, the US Property & Casualty (P&C) sector, including insurance agencies…
As reported by InsuranceJournal, Hartford Insurance declared in a recent statement that it would cease offering new homeowners’ insurance policies…
Regardless of size, insurance agencies can transform their businesses and stay competitive with Robotic Process Automation in Insurance operations. This…
With regulatory scrutiny and evolving compliance standards, the term Insurance Regulatory Compliance has become more than just a buzzword. It's…
For centuries, the worlds of construction and corporate property insurance have existed in separate dimensions. However, the digital revolution is…