Applied Systems Acquires Cytora
The acquisition of Cytora, a U.K.-based digital risk processing company, will allow Applied to accelerate its vision of delivering a connected end-to-end policy lifecycle.
Technology and Tools
Concierge Cyber Launches My-Choice Endorsement
PRODUCT: Concierge Cyber InsurePLUS with the My-CHOICE endorsement. COMPANIES: Concierge Cyber and Lloyd’s of London. BEST RATING: A AVAILABILITY: Available on an open-brokerage basis. FOCUS: Concierge Cyber, a provider of cyber risk management and embedded cyber insurance, has introduced Concierge Cyber InsurePLUSTM, a standalone cyber insurance policy backed by Lloyd’s of London. The new My-CHOICETM…
Commercial Auto: How Nuclear and Thermonuclear Verdicts Are Adversely Impacting the Market
Trucking companies faced $165 million in nuclear verdicts in 2023, with an increasing trend of thermonuclear verdicts. Mounting costs from these large verdicts present significant challenges for the commercial auto insurance market.
Exploring AI: What IAs Need to Know
This episode of Agency Nation Radio is the first in a special series about artificial intelligence (AI) brought to you by the Big “I” Agents Council for Technology’s (ACT) AI workgroup.
1 in 3 Independent Agency Employees Use AI
Despite artificial intelligence (AI) becoming increasingly integrated into independent insurance agencies, only 12% of agencies have a well-defined usage policy, according to Liberty Mutual.
The Human Side of Leadership in the Age of AI
The leaders who excel in the age of artificial intelligence (AI) will be those who lean harder into the human touch when it matters most.
Bad Data Is Preventing You From Realizing AI’s Potential
Trying to use AI on top of disorganized, outdated or unreliable data doesn’t create efficiencies, it creates more work. However, AI isn’t the problem. The problem is that you skipped a step.
Trust, Tech and Transformation: A New Era for Independent Agents
Artificial intelligence (AI) technology can be overwhelming, but it’s not an all-or-nothing game. Here are five steps to thoughtfully implement AI in your agency.
Is Your Tech Stack Ready for CAT Season?
Catastrophe season can stretch even the most experienced insurance professionals to their limits. Between managing claims and fielding urgent questions, staying organized and efficient becomes key to success.
Top 5 Workers Comp Classification Codes That Agents Get Wrong
Inaccurate coding can be a costly mistake. Here are the workers comp class codes that are most frequently reclassified by The National Council on Compensation Insurance (NCCI) and what to use instead.
