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119 Flips | 8 Magazines | 43 Followers | @PCITPlus | News And Updates In The Property & Casualty Insurance Industry

Why Homeowners’ Insurance is important for Everyone

One might postpone or abandon the thought of buying a homeowners’ policy thinking their home would never be damaged or its contents stolen. …

Do you need insurance for your drone? - St. Louis Post-Dispatch

If a drone drops out of the sky and damages your car (which sounds fanciful, but is actually quite possible), the damage is covered by the …

Insurance Industry is Witnessing Drastic Changes with the Advent of Technology

The way insurance policies are sold these days is drastically different from how it was sold a decade back. Back in those days, consumers didn’t have …

Compliance and Regulatory Reporting in the age of Big Data

With the rapidly transforming ecosystem, insurers are constantly concerned about compliance and reporting. Compliance executives have to be extremely …

What is Covered under your Auto Insurance Policy?

If you own a car, you have to protect your vehicle through an auto insurance policy. Generally, people buy a policy without giving much thought to …

Adoption of Telematics Amongst Fleet Operators

The convenience that comes with the use of telematics to track & manage fleets has prompted scores of transportation companies to choose this …

How are Millennials Changing the way Carriers and Agents Collaborate

Tech-savvy Millennials are one group of customers who are least engaged with their insurers and prefer to buy policies online, as per a 2015 poll by …

How Telematics Can Streamline the Operations of Fleet Owners

Without fleet tracking technology, operators used to spend sleepless nights thinking about the timely delivery of packages. Their concerns didn’t …

Steps to help you file a Home Insurance Claim – Infographic

When a disaster occurs, homeowners are devastated and clueless about the steps to follow to ensure a smooth recovery. In all the confusion, they miss …

Understand the Basics of Property Insurance before Buying One – Infographic

When you buy a property, one of the major concerns that you have is, “how to protect it from all the damages?” Usual wear and tear can be taken care …

The Insurance Impact of Self-driving Cars and Shared Mobility - Tech Crunch

“We’re going to see more change in the next five to 10 years than we’ve seen in the last 50,” said Mary Barra, CEO of General Motors, on record. …

Can Insurance Premiums be Affected for Active Social Media Shares?

Recently a leading British Insurer, Admiral Insurance, announced that it would assess the behavior of auto insurance clients based on their posts on …

Driver Assistance and Auto Insurance – The Path Ahead

There has been a widespread acceptance of self-driving automobiles amongst not only the consumers but the Original Equipment Manufacturers (OEM) as …

The Four Pillars Of Digital Insurance

Digital disruption is transforming the insurance industry, and traditional insurers need to reimagine their business to survive. But saying it is one …

Auto Claims Satisfaction Study Reveals Low Preference for Digital Channels

According to the J.D. Power 2016 U.S. Auto Claims Satisfaction Study, customer satisfaction with respect to auto claims process is rising amongst all …

Digital Technology is Expected to Transform the Insurance Sector - Survey

The advent of digital technology has created tremors in every other industry leading to a complete overhaul in how services are delivered. …

Fannie Mae and Freddie Mac: 3 Property Insurance Requirements Often Confused - Assurance

To common folks, Fannie Mae and Freddie Mac may sound like they’re two individuals you would find standing next to Minnie Pearl picking banjo on …

3 Ways Auto Insurance is Going High Tech - Safeco Insurance

Today, you can make money by driving people around. You can save money by showing your insurance carrier how you drive. And, you can rely on your …

Wearable Devices and their use in the Insurance Industry

By the year 2020, the global wearable market is anticipated to reach $34 billion and that signifies the importance of these devices for consumers. In …

How To Understand Your Homeowners Insurance - Angie's List

With commercials and advertisement touting the benefits of buying insurance online, sometimes we forget about the advantages of having a local …

How the Cost of Your Auto Insurance is Determined [Infographic]

While buying an auto insurance policy, consumers are not aware of the factors being considered for determining the premium amount. Most of the people …

Steps to Help you File a Homeowners Insurance Claim

Everyone buys a policy to protect themselves from unforeseen future accidents but very few actually know the steps to follow when that situation …

Cyber Insurance becomes a Priority for Most Organizations – Survey

A recent RIMS Cyber Survey revealed the importance of cyber insurance for organizations these days. As per the survey, which polled 270 risk …

Insurance Firms Would Seek InsurTech Partners to Grow in Future

Insurance companies are constantly on the lookout for innovative strategies that might help them differentiate in the crowded marketplace. As per a …

Insurance Agents Connect with Consumers over Social Media [Infographic]

With widespread discussions about the adoption of technology and social media to attract new customers, insurance agents are lately exploring varied …

10 events homeowners insurance doesn't always cover - AoI

If you own a home, you most likely have homeowners insurance (it’s typically required to secure a mortgage). You know your insurance policy covers …

Here's how Blockchain can help the Wholesale Insurance Industry

Wholesale insurers deal with large or complex transactions, typically for big corporations.<p>These transactions usually involve large numbers of …

Artificial Intelligence can transform the business of Insurers

Amongst the current wave of technological disruptions in the insurance space, Artificial Intelligence (AI) is garnering a lot of interest across the …

To Build or To Buy Software

Build vs. Buy has been a long debated discussion for organizations, regardless of their size or business function. In today’s software run …