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Digital is Disrupting Insurance

Tue, 26 May 2020 15:05:01 -0700

This Ensono report synthesized the trends and best practices today for digital transformation in the insurance industry.

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Is Your Insurance Organization a Payments Trailblazer?

Thu, 27 Feb 2020 15:35:01 -0700

In this paper, experts from ACI and Ovum evaluate the factors that separate the most innovative businesses from the laggards, and what this means in terms of product innovation.

Compared to the other corporate businesses, insurance is surprisingly behind the curve. Despite the emphasis in the industry on emerging usage-based insurance models and the need to respond to disruptive technologies such as driverless vehicles, relatively few insurers scored highly in the Culture of Innovation Index. Benchmark your organization on the Culture of Innovation Index:

Discover the seven common characteristics of today’s payments industry trailblazers
Explore the innovation gap and the risks associated with falling behind

Plus, you'll find concrete actions you can take today to advance your insurance organization’s position on the Culture of Innovation Index.

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Risk Assessment in a Turbulent World

Wed, 20 Nov 2019 11:05:01 -0700

Climate change and rising customer expectations are creating the perfect storm for insurers. Accurate location data has become a vital tool for insurers grappling with these competing demands. That is what was discussed at an intimate roundtable that brought together 16 data leaders from Hiscox, AIG, QBE and more.

This report summarises the key topics that were discussed at this exclusive event, with expert commentary from three guests who were in attendance. It’s packed with essential insights to help insurers deliver hyper accurate risk assessments in near real-time:

Steven Wilkins, Head of Data Labs at Hiscox, outlines how his team is working to meet rising customer expectations and digitize outdated business processes
Chris Wyard, Head of Technical Data at Allianz Insurance, argues that insurers must act to safeguard their data quality as they deploy increasingly sophisticated capabilities
Simon Perry, Insurance Client Director at Pitney Bowes, explores how insurance companies can ensure they’re working with high quality data
What’s more, our attendee survey provides an exclusive snapshot of where the insurance industry is on the path to data maturity

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How to Implement An Enterprise Contract Management Platform While Managing Your Risk

Wed, 06 Nov 2019 07:35:01 -0700

Risk management has many dimensions for any enterprise. Significant risk can arise from business activity, partners, customers, vendors or regulatory environments.

From bids to employee offer letters, contracts define the boundaries, frontiers and risk appetite of an organization. Therefore, organizations need to understand contracts not just as individual legal repositories of agreed terms, but as a store of potential risks that an organization may be knowingly or unknowingly exposed to.

In this eBook, we demonstrate how Enterprise Contract Management can help companies model risk based on contracts, and enable decision makers to create a comprehensive, informed risk management strategy.

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How Enterprise Contract Management Can Help You Manage Risk

Wed, 06 Nov 2019 07:35:01 -0700

Risk management has many dimensions for any enterprise. While the sources of risk are many, all risk is defined, governed or affected by contracts. From bids to employee offer letters, contracts define the boundaries, frontiers and risk appetite of an organization. Therefore, organizations need to understand contracts not just as individual legal repositories of agreed terms, but as a store of potential risks that an organization may be knowingly or unknowingly exposed to.

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How to Reduce Health Insurance Costs by Up To 7 Figures Overnight

Wed, 21 Aug 2019 14:05:01 -0700

SPEAKERS:

Russ Carpel, CEO & Founder of LevelFunded Health
Moderator: Mary Beth Vander Schaaf, Managing Editor, Automotive News

LevelFunded Health (LFH) educates mid market companies how in any one given year, roughly 70% of all mid market employs grossly overpay for health insurance and leave anywhere from $100,000 to $2,000,000 on the table, essentially padding their health insurance carrier’s bottom line. This is done at the expense of their own pocketbooks and puts undue strain on an employer’s ability to attract and retain its human capital.

LFH is an expert in dramatically reducing health insurance expenses for middle market employers nationwide, while simultaneously improving medical benefits. LFH will educate employers on how this is possible and why their current health insurance broker and carrier don’t want them to know about it.

Attend this webinar to learn:

How to reduce health insurance costs by 6 to 7 figures overnight
What types of commercial health insurance products exist in the marketplace
What other mid market employers are doing to curb health insurance costs and strengthen their benefits package to acquire and retain top human capital

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Managing Risk with Enterprise Contract Management

Mon, 19 Aug 2019 09:35:01 -0700

Risk management has many dimensions for any enterprise. Significant risk can arise from business activity, partners, customers, vendors or regulatory environments.

While the sources of risk are many, all risk is defined, governed or affected by contracts. From bids to employee offer letters, contracts define the boundaries, frontiers and risk appetite of an organization. Therefore, organizations need to understand contracts not just as individual legal repositories of agreed terms, but as a store of potential risks that an organization may be knowingly or unknowingly exposed to.

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How to Reduce Health Insurance Costs by Up To 7 Figures Overnight

Mon, 12 Aug 2019 17:20:01 -0700

SPEAKERS:

Russ Carpel, CEO & Founder of LevelFunded Health
Moderator: Mary Beth Vander Schaaf, Managing Editor, Automotive News

Attend this webinar to learn:

How to reduce health insurance costs by 6 to 7 figures overnight
What types of commercial health insurance products exist in the marketplace
What other mid market employers are doing to curb health insurance costs and strengthen their benefits package to acquire and retain top human capital

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Content Management Systems in the Insurance Industry

Mon, 15 Jul 2019 07:35:01 -0700

Today, insurers are tasked with offering digital experiences that convert prospects into customers and lead to long-term relationships. Those successful digital experiences are rooted in a content management system (CMS) that offers the appropriate range of features and functionality.

WordPress and Drupal are the two widely used CMS platforms that insurance organizations are likely to consider. Determining which platform is most capable of creating successful experiences and maintaining a significant level of content will be key to success in today’s aggressive insurance market.

Our new eBook, developed in partnership with open source digital agency Mediacurrent, provides a helpful examination of the comparative benefits of the two leading platforms.

Download your free copy to learn what the experts have to say about:

The overall value provided by an open source solution.
The importance of measuring simplicity against scalability.
The functionality that delivers a successful customer experience.
Effectively evaluating ease of use.
Differing approaches to data security.
Enhancements available in Drupal 8.

Download our eBook to learn more about the important differences between WordPress and Drupal, and how Acquia and Mediacurrent can help insurance institutions transform their digital experiences.

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Small Steps to Success:

Tue, 16 Apr 2019 09:35:01 -0700

Artificial intelligence (AI) and machine learning are the hot topic in technology, and have been for the last few years, and so it comes as no surprise that it’s not just start-ups and technology companies that are embracing the technologies now, but those in the financial services industry, including the insurance sector.

We recently interviewed 100 senior data & analytics leaders, including Chief Data Officers, Chief Analytics Officers and others of a similar seniority. All respondents interviewed represented individuals leading the discovery, and implementation of new technologies within the Insurance sector. The following report is designed to provide a snapshot of how the insurance industry is embracing machine learning & AI.

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