The Behavioral Science on Buying Insurance By Hasan Meral Insurance companies need to focus on the feelings and emotions of consumers and not just working on statistics.
Becoming a True Professional Agent By Chris Burand Technology is going to reduce the compensation of amateur agents severely because, frankly, who needs an amateur insurance agent?
Specialization: What’s Next for Agents By Mike Furlong In a competitive field, the thinking goes, it’s best to cover as many industries as possible, but the reverse is often true for agents and brokers.
Health Insurance for Self-Employed People By Nick Soman The most successful brokers will be those who figure out how to serve the massive and growing population of self-employed workers.
Do Consumers Trust Their Agents? By Bill Wilson Recent studies contend that consumers don't trust insurance agents, but the research misses a crucial point.
4 Ways to Improve Carrier-Broker Ties By BJ Schaknowski If you want to be the carrier of choice for your brokers, use National Insurance Awareness Day to focus on broker relationships.
Lowering Costs of Customer Acquisition By Tom Hammond One reason new customer costs are so high in insurance is that the industry has lagged in adopting digital technologies.
Selling Insurance in a Commoditized World By Chris Burand How does an agent/company win when big competitors keep pounding the "commodity" claim? By treating each customer as an individual.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.