“You make most of your money in a bear market, you just don’t realize it at the time.” Shelby Cullom Davis Every industry under the sun goes through market cycles. Insurance is no different, we just have a fun name for it — Hard Market. Characterized by higher premiums, lower retention, free-falling commissions, and a … Read more
Insurers must stay abreast of InsurTech trends to stay competitive, enhance operations, and improve customer services in the dynamic insurance landscape. InsurTech, which combines technology with insurance, incorporates artificial intelligence, machine learning, data analytics, blockchain, and Internet of Things. The leveraging of innovations such as AI chatbots for 24/7 support and ML algorithms for personalized … Read more
The digital transformation in insurance is a remarkable story of adaptation and innovation. It’s not just about making insurance companies more efficient; it’s about putting customers at the center of the business models. It’s about leveraging digital technology to make your insurance experience smoother, safer, and more accessible. So, the next time you think of … Read more
If you have dependents—or just loved ones who you want to take care of after you die—life insurance is critical. This coverage helps ensure your lost income doesn’t translate to tangible material losses for your family once you’re gone. But how much life insurance is enough? That’s a question whose answer can change significantly over … Read more
Insurtech is not just about bringing insurance into the digital age; it’s about making personalized insurance work for you. Insurtech customization is the secret to transforming insurance from a rigid, one-size-fits-all product to a personalized solution that meets your unique requirements. So, if you’re a P&C insurance agent, it’s time to embrace the power of … Read more
Join Life Happens for a Facebook Chat during Insure Your Love month this February. We’ll discuss all things life insurance and love! Date: Thursday, February 15 from 1 to 2 p.m. ET Where: Join us on Facebook using your personal handle or your company’s handle. Hashtag: Use and follow #InsureYourLoveChat during the above time frame. … Read more
Life often has a way of taking unexpected turns, especially when we get older. While there’s no way to know for sure if you’ll need long-term care in the future, it’s quite likely considering that people are living longer than ever—in fact, 69% of people will use long-term care services at some point. As you … Read more
Too often, families are left unsure of the way forward when grieving the loss of a loved one, as plans for their final arrangements and corresponding finances are left unsettled before their passing. Taking a proactive approach to end-of-life planning can help ease these burdens and support a smoother transition for your loved ones. Tips … Read more
Life insurance is a topic usually associated with adults since it provides peace of mind for those who have someone depending on them financially. But there is life insurance coverage for minors as well, known as child life insurance or juvenile life insurance. It can sound unnecessary or even a little morbid, but child life … Read more
When it comes to parenting, your to-do list can seem never-ending, from signing up for school activities, to projects around the house, to planning for the future. It seems as soon as you check something off, a few more to-dos jump right on the list. If you’re a single parent, that list may be even … Read more