Machine Learning Affect on Insurance Agent Employment

This Week in Analytics: News

Insurance in the Digital Age: 3 steps to maximizing your strategy, Repairing the Tumultuous Commercial Auto Line of Insurance, Insurance CEOs More Concerned Than Others About Disrupters: PwC, The direction of insurance in 2017: It’s all about convergence, Agents fear emerging channels, but digital’s impact goes farther

Insurance in the Digital Age: 3 steps to maximizing your strategy

The extraordinary adoption of digital capabilities is changing the world at lightning speed, and the insurance industry is not immune. Read the full article…

Repairing the Tumultuous Commercial Auto Line of Insurance

There is little uncertainty that commercial auto is in a time of turbulence. Between the enormous claims payouts, increasing claim frequency and escalating issues with driving behavior, something needs to give. Adding to recent reports of problematic performance, the retired chair and CEO of CNA Financial, Thomas Motamed, boldly referred to it as the “black eye” of commercial lines on a third-quarter earnings call last year. Read the full article…

Insurance CEOs More Concerned Than Others About Disrupters: PwC

Insurance CEOs are more concerned than leaders in other industries about combined disruptive threats to their revenue growth prospects, according to findings from the 20th annual PwC Global CEO Survey. Read the full article…

The direction of insurance in 2017: It’s all about convergence

Convergence is emerging as the key theme for 2017.
As insurers continue major initiatives, launch new ones, and respond to the external forces acting on the industry, the strategies are increasingly overlapping and becoming mutually dependent. Read the full article…

Agents fear emerging channels, but digital’s impact goes farther

It’s tough being an insurance agent today. Merger and acquisition activity is increasing. The demands of their customers evolve quickly. And start-up competitors such as CoverHound and PolicyGenius are waiting to disrupt the entire distribution chain. Read the full article…