Inflation Outpacing Auto and Homeowners Premiums, Says APCIA Report
U.S. insurers are failing to raise premiums fast enough to keep up with historic rates of inflation, according to the American Property Casualty Insurance Association (APCIA).
U.S. insurers are failing to raise premiums fast enough to keep up with historic rates of inflation, according to the American Property Casualty Insurance Association (APCIA).
As many as 55% of consumers would be interested in buying a hypothetical insurance product from Amazon over traditional insurance carriers, according to a report by Breeze.
With consumer expectations and data collection methods shifting, first-party data and artificial intelligence (AI) will be key themes in 2022.
Independent agents want more digital connectivity with their insurer partners and insurers are responding, acknowledging the time savings and ease of doing business.
The combination of Vertafore’s agency management systems with AgencyZoom’s sales automation solutions delivers on a vision for a connected agency.
More agencies are following digital strategies and adopting customer service and cloud technologies, according to the Applied Digital Agency Survey.
Lemonade will acquire auto insurer Metromile in an all-stock transaction for just over $200 million net of cash.
The Hanover plans to integrate its workers compensation, business owners policies and general liability products into Vertafore’s Commercial Submissions solution.
Applied announced the launch of a browser-native version of Applied Epic®, the expansion of Epic Quotes to improve commercial quoting, and support for brokers in the benefits market.
The acquisition will further enhance the commercial lines connectivity solutions offered by IVANS, a division of Applied Systems.