Swiss Re Institute’s latest sigma report Global economic losses from disaster events in 2019 were USD 146 billion; insured losses were USD 60 billion Once again, extreme weather events were the main loss drivers,...
Updates include a chatbot that enables real-time updates, ensuring consumer safety while empowering carriers with a touchless claims service to improve customer retention Los Angeles, CA (Apr. 7, 2020) – HONK Technologies, the platform...
A LIMRA survey found changes in life insurance application methods. Consumers are turning to online life insurance applications as a result of the ongoing COVID-19 pandemic, a new LIMRA survey found. A third of...
Jennifer Paterson | April 13, 2020 With the coronavirus pandemic affecting many businesses, employers are considering their options for shifting their benefits plan spend. Usage rates for benefits such as dental and paramedical services, which generally have high...
Martha Porado | April 13, 2020 While a flurry of capital accumulation plan member activity might indicate their anxiety amid an economic crisis, not many are choosing to make changes to their investments right now....
Kelsey Rolfe | April 13, 2020 Summers are big business for the Butlers. Samantha and her husband John are partners in a small photography and videography business, with the bulk of their work taking place during the summer...
By Gary Shaw Deloitte & Touche Insurers are responding to the widening COVID-19 outbreak on multiple fronts — as claims payers, employers and capital managers. Each has its own distinct challenges, not just for...
Business Wire Prudential Financial, Inc. (NYSE:PRU) announced today that it has entered into a definitive agreement with KB Financial Group Inc. (KB), a Korean financial services provider, to sell The Prudential Life Insurance Company...
By Alysha D’Souza, Director of Content, Finaeo — In a few short weeks, the insurance industry has been overturned by the COVID-19 global pandemic. Insurers have been racing to mobilize solutions as fast as...
PR Newswire Haven Life, the digital life insurance agency backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), is today launching new initiatives that help more life insurance applicants obtain the coverage...