Many independent insurance agents find entering the high net worth personal lines sector appealing but often are unsure how to initiate this transition.
In recent years, robo-advisors and AI-powered algorithms have grown in popularity because they provide automated investment advice and portfolio management at a cheaper cost.
As the Food and Drug Administration’s approval pipeline becomes increasingly populated by specialty drugs, it’s critical for all employers to explore medical rebate opportunities, where they can, to mitigate costs.
As artificial intelligence adoption continues to surge, 2024 is poised to see significant strategic shifts in how insurance companies leverage this technology.
How consumers and advisors could be hurt if insurance distribution uses artificial intelligence to move to a direct-to-consumer model in the wake of the Department of Labor’s proposed fiduciary rule.
The pros and cons of how AI can reduce or even eliminate the need for licensed insurance agents, empowering distributions to embrace a direct-to-consumer approach and ushering in a new era of efficiency, cost-effectiveness and customer-centricity.
Although it is tempting to incorporate modern technology into your services as quickly as possible, insurance software experts strongly recommend exploring the advantages and limitations of telematics first.
Health benefits that deliver true return on investment are top of mind for employers who face rising costs and increasing pressure to offer competitive yet affordable health benefits that go beyond just the safety net of traditional insurance.