Brian Harrigan, CEO of InsurIQ, a provider of insurance technology solutions, has spent over 40 years in the insurance industry, helping agents and carriers manage the purchasing of insurance and personal protection products.
He has an extensive background in the fife, accident and health insurance/reinsurance, healthcare and employee benefits consulting fields. His entrepreneurial focus is on improving the economics of healthcare benefits and insurance transactions through technology advances for the segment.
Harrigan noticed the effect that digital technology could have on insurance long before the term “insurtech” became part of today’s lexicon. He founded InsurIQ in 2014 to help agents and carriers get products to market faster, under budget and in compliance.
In the not-so-distant past, before the insurance industry began to wake to the realities of the digital revolution, the decision-making process and implementation of new IT initiatives took years. In today’s insurance industry, with changes coming at rocket speed and business executives trying to stay in step (or even ahead) of the market, those years […]
Cyber crime is the fastest-growing segment of the global criminal economy, now including state-sponsored hacking from the likes of North Korea, China and Russia. According to a 2015 FBI report, cyber crime has now overtaken illegal drug activity, moving into first place. As a result, the cyber liability insurance market is surging. Premiums are expected […]
You may (or may not) remember that when Amazon.com began in the late 1990s, the single focus of the company was selling books online. One product category, one type of manufacturer, one market focus — people who buy books. At the time, virtually everyone in the publishing industry scoffed at the idea that anyone would […]
Migrating the technology infrastructure supporting insurance underwriting to “digital” has substantially different meanings depending on who has the floor. For some insurers, it is simply the ability to put a product on the web and offer on-line quotes to prospective policyholders. For others, it is the ability to quote, bind and issue a policy on […]
In 1990, I had the good fortune to meet the founders of a new technology company focused on the automation and real-time adjudication of health insurance claims. The company, Paperless Claims Inc., (PCI) was way, way ahead of its time, deploying “rules-based” logic to achieve an 80% first pass adjudication rate for completed health insurance […]