November 20, 2018 by Aite-Novarica Media
I recently attended Plug and Play Insurtech’s second annual Broker•Age event at its Sunnyvale, California location. The conference brought together brokers, carriers, technology providers, and venture capital funds in a combination of networking events, panel discussions, and pitch sessions.
November 19, 2018 by Tom Benton
Carriers across individual and group life/annuity/benefits are seeking improved claims capabilities to increase cost efficiency and enhance customer experience while also supporting new product features. Policy administration system suites generally provide integral claims processing, but many carriers are looking to standalone solutions for better integration along with a reduced-risk approach to legacy modernization.
November 15, 2018 by Aite-Novarica Media
It’s been said that the battle between a startup and incumbent can end only in one of two ways: either the incumbent achieves innovation, or the startup successfully scales. However, Novarica has found that InsureTechs typically serve as advantageous partnership opportunities rather than industry disruptors. Incumbent life insurers are beginning to take a page out of the InsureTech playbook—by focusing on both the digital experience of selling life insurance products and empowering their agent force.
