How Technology Cultivates Commercial Lines Growth
Agencies that embrace technology have the ability and opportunity to handle larger and more complex accounts and, ultimately, secure larger premiums.
Agencies that embrace technology have the ability and opportunity to handle larger and more complex accounts and, ultimately, secure larger premiums.
Cyberattacks against carriers, such as the ones earlier this month against Erie Insurance and Philadelphia Insurance Companies, can pose serious errors & omissions risk for your agency.
Midsize companies are often targets due to having lower budgets for cybersecurity than their larger counterparts. This, coupled with fewer and outdated IT resources, makes the likelihood of a cyber attack higher.
“It’s on us to understand what opportunities technology provides our industry to be more efficient and grow at a faster rate than generations before us,” says young agent Ryder Roberts.
Most drivers believe other motorists’ driving behaviors are bad and getting worse, according to Nationwide. Yet most rate their own driving very highly, despite participating in the same risky behaviors.
With the changing landscape in the personal lines market due to the hard market, personal lines agents may be thinking about diversifying their revenue.
By integrating generative AI and working with insurers and managing general agents (MGAs), agents can provide more tailored coverage options, accurate pricing, and faster quoting and binding for their policyholders.
The new product provides access to managed threat intelligence to protect against cyber, reputational and physical risks, helping organizations reduce their digital exposure.
The Travelers Institute surveyed the cybersecurity landscape in major U.S. cities, including Washington, D.C. Here’s what companies can learn from the businesses operating in the nation’s capital.
Fribourg’s experience working in a cybersecurity distributor startup firm led him to partner with former coworkers and create BlueZone Cyber Solutions, combining expertise in both insurance and cybersecurity.