By Lewis Nibbelin, Contributing Writer, Triple-I Earlier this year, baseball-sized hailstones in Denver totaled vehicles and pummeled homes and businesses during the second-costliest hailstorm in Colorado history, equating to billions in damages. Melon-sized stones hit Texas the same month, downing power lines and requiring snow plows to reopen roads. Hail – a sub-peril of severe … Read more
Competitive pressure, increased capital availability (even with current rates), and the evolving business landscape (thanks in part to the pandemic) have created an opportunity for independent insurance agents (IAs) to get creative to grow and remain independent in the insurance industry. As such, many IAs have sought out agency networks that provide benefits historically harder … Read more
I am encouraged to see ever-expanding ecosystems in the life insurance space. They’re helping insurers bring in more diverse data, specialized skills, leading-edge technologies and new ideas that spark innovation. Moreover, these benefits are accessible through trusted partners, rather than insurers making costly and time-consuming investments to build the capabilities themselves. In fact, ecosystem collaboration … Read more
The decision to initiate a Guidewire cloud migration should not be made lightly. Like any key decision in life, it is best to find experts, so not to incur potentially large expenditures in the future to fix a poor implementation. Between the financial investment, the large and potentially unknown risks, and the career implications determined … Read more
Alessandra Silveira (Editor of this official blog, Academic Coordinator of Jean Monnet Centre of Excellence “Digital Citizenship & Technological Sustainability” – CitDig, Erasmus+) There is no doubt that European Union (EU) law is committed to a certain rebalancing of powers in the digital ecosystem. And why is that? Because today there is a clear … Read more