Insurance Industry News – Week of November 12

 

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The value of insurance prospects who don’t close
Property Casualty 360
The combination of a traditional sales mindset and industry developments — such as the rise of aggregators — can mean that insurance agents overlook the potential return of meeting a prospect who does not quickly become a client, especially in the property & casualty insurance space.
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Life insurers unsure they can integrate digital
Digital Insurance
Legacy system integration is the biggest barrier life insurance companies face in trying to adopt digital technologies. That’s according to Unqork, an insurtech providing an AI platform for insurance customer onboarding founded by Gary Hoberman, which surveyed 100 attendees of the LIMRA 2018 conference in late October.
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The pros and cons of wearables in insurance
Insurance Business America
Following insurer John Hancock’s announcement a few months ago about its first “interactive” policy that incudes digital fitness tracking, the dialogue surrounding the use of wearable fitness trackers in life and health insurance has been fierce.
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What is trade credit insurance?
Insurance Business America
Trade credit insurance protects manufacturers, traders and service providers against losses from non-payment of a commercial trade debt. If a buyer does not pay (often due to bankruptcy or insolvency) or pays very late, the trade credit insurance policy will pay out a percentage of the outstanding debt.
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Join Us on December 5th 
The Insurance Library’s Holiday Open House

With the holidays right around the corner, we want to make sure our annual Holiday Open House gets on your calendar. Drop in and meet the Library staff and trustees, network with colleagues, and check out some of our interesting insurance artifacts (including a real Lloyd’s box).

Wednesday, December 5, 2018
4:00pm – 6:30pm EST
Register here