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The definition of cloud technology is expanding, and its applications are entering the domain of insurance policy administration. Cloud has been a technology buzzword for some time now, but in the context of policy administration,
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Policy administration software offers advanced portals that encourage traditionally-used, new distribution channels and reduces issues in understanding different systems.
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In its 2020 Study to the Nations, the Association of Certified Examiners found that workplace fraud caused companies to lose more than $3.6 billion globally from 2018-2019. Read more ‣
By Mark L. Berthiaume, EVP, Chief Information Officer & Chief Technology Innovation Officer, The Hanover Insurance Group
Internal champions for innovation are a critical component of launching any new initiative. Staffing exclusively for innovation at the outset of the transition is not always optimal.
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Citytwig uses AI and machine learning to help people find the right insurance carriers and subsequent products. Citytwig is a platform that leverages Artificial Intelligence to build out personalized insurance coverage roadmaps for end-users based on their unique story. The platform helps carriers, agencies, agents and end-users identify specific product recommendations for consumers and businesses that would provide adequate coverage throughout their life-cycle. The uniqueness of Citytwig’s insurtech platform stems from the transparency it enables with all the data in one place and its ability to understand data and glean meaningful insights for increasing sales Read more ‣
By Leslie (Les) Hermitt Jr. Chief Digital Officer C&F Digital Partners business unit
The trend toward online self-service in all aspects of our daily lives has precipitated a major disruption in the insurance industry, first in personal lines and more recently in the commercial space. Read more ‣
A risk-based assessment process for third parties providing parts and materials for the supply chain is also critically important, beginning with knowledge of every item’s source
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