Tighter margins, more claims expenses, and more wary clients are the obvious effects. The good news is that disruption does not automatically equate to catastrophe. It may even serve as the impetus for innovation. The insurers who emerge stronger are those who transform uncertainty into opportunity rather than those who adhere to outdated tactics. How, …
This moment brings huge opportunities but also some real challenges. AI can deliver incredible efficiencies, but it won’t reach its full potential unless insurers can attract, reskill, and empower their people to thrive alongside it. In fact, Accenture research shows that taking a human-led approach to AI could unlock up to $17.9 trillion in economic …
When foundation models cracked the natural language barrier, software itself began to feel less like a rigid tool and more like a collaborator. Suddenly, generative AI (GenAI) wasn’t just speeding up old processes—it was rearchitecting the very DNA of insurance operations. What we’re watching now isn’t an incremental shift. It’s a binary big bang: the …
What is Agentic AI, really? Think of Agentic AI as generative AI with character. These aren’t just tools that spit out answers; they’re digital representatives that can carry your brand’s tone and values into every interaction. They can even extend to avatars or physical robots that feel more human than machine. In fact, 56% of …
This volatility is no longer just background noise for insurers; it is changing risk pools, distorting client demand, and driving up claims costs. The pressure is significant, as global GDP may decline by 0.3% to 3.9% and US inflation is predicted to increase by 0.8% to 2.8%. In the United States alone, households may have …
The good news? A few simple habits and regular maintenance can keep your family safe while you enjoy the comfort of your fireplace. Fireplace Safety Tips Every Homeowner Should Know Keep it clear. Before lighting a fire, make sure the fireplace is free of debris. Always keep flammable items like furniture, blankets, and papers at …
But here’s the thing: picking the right agency really does matter. Whether it’s your health, your home, or your business on the line, the agency you choose is the one that’s supposed to step in when life takes an unexpected turn. So how do you make sure you’re in good hands? Here are five down-to-earth …
Think of it as your financial safety net. If a customer slips and gets hurt, a fire damages your building, or you face a lawsuit, insurance is what keeps your business from paying out of pocket for something that could easily sink you. So let’s tackle the big question most business owners have: how much …
Think of insurance as your safety net. It won’t stop accidents or lawsuits from happening, but it will make sure your business and your personal assets are protected when they do. What Is Commercial Business Insurance? At its core, commercial business insurance is designed to cover the losses that you, as a business owner, likely …
We’ve gathered the most important updates from major personal insurance carriers so you can easily see what’s available and how to access it. Encompass Insurance Encompass is offering a “Shelter-in-Place Payback” for eligible auto policyholders, plus extra perks during the pandemic: Payback Refund: About 15% of your April and May auto insurance premiums will be …