Insurance Forecasts for 2017 and beyond from Statewide Insurance Brokers
Virtual Reality Shaping General Insurance
Virtual Reality (VR) could shape the future of general insurance says third party claims expert Peter Tomkins. “Traditionally, the biggest challenge insurers face is understanding risk. Modern technology has come a long way to address this need – insurers are now using car monitors to understand driving behaviour , and Fitbits to understand a client’s […]
Professional Indemnity Analysed Part 2
Part 1 What won’t professional indemnity insurance cover? Each policy will have its own set of exclusions whereby the insurer will not be liable to pay compensation to the insured in the event that a claim is made. Some typical exclusions listed on professional indemnity policies include: Claims arising following cancellation of policy: It is […]
Professional Indemnity Analysed
Professional indemnity insurance provides you, your business and your employees, with protection for financial claims made against you or your business. This type of cover is designed for employees or businesses that give advice and/or provide a service to individuals or businesses, and are looking for a form of protection against legal claims not covered […]
Statewide Small Business Stories Q1 2017
Statewide Insurance Small Business Stories from Statewide Insurance Brokers
Top 10 Insurtech Trends of 2017
Trend 1. Massive cost savers in claims, operations and customer acquisition Already a major trend of course, but one that will gain even more importance in 2017. Quite a few insurers face combined ratios that are close to 100, or even exceed that number. Digitalising current processes is absolutely necessary, for operational excellence and to […]