Substantial investments can keep companies anchored to legacy processes, but auto insurers may need to rethink their quote flows to pursue profitable growth.
Insurers are meeting consumers in a new world of expectations set not only by their direct competitors but by retail businesses outside the insurance industry.
Competition and tight margins have driven many personal auto insurers to a sales process in which a customer may see the quoted rate change before bind.
Insurance Nexus, a global provider of insights and events for the insurance industry, has named Verisk as its People’s Choice Innovation Vendor of the Year.
The growth of smartphones and online shopping has changed consumers' expectations. They want a fast, accurate, and personalized buying experience. They want coverages for their specific needs, quotes that don’t change, and claims that are paid quickly.
In this second installment of a two-part series on technology platforms that are revolutionizing the insurance industry, Verisk’s Jason Polayes shares some opinions on trends and best practices in microservices.
In this first installment of a two-part series on technology platforms that are revolutionizing the insurance industry, Verisk’s Tim Coyle gives a primer on microservices and their potential advantages for insurers.