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Category: trends

Driverless Cars: 3 Key Concerns Facing Auto Insurers

The introduction of driverless cars in the U.S. is no longer an idea that’s years in the future. In fact, General Motors has plans to release its own driverless vehicle, which has no steering wheel or pedals, for commercial ride services in 2019, along with other automakers. As anticipated, the emergence of self-driving cars isn’t exactly striking up a love connection with auto insurers....

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Category: trends

Insurance Industry: 12 Trends for 2019

From blockchain to big data to autonomous vehicles, the last decade has introduced an onslaught of new issues that have disrupted the traditional approach to insurance. Companies are racing to find solutions that make sense in today’s technological, cultural, and economic climate. As you consider your own modernization plans for 2019, let’s explore how insurance leaders have responded to...

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Category: General Info

15 National Coffee Day Freebies

Whether you are a coffee connoisseur, an enthusiast, or if you just enjoy the occasional cup of joe, Saturday, September 29th marks the nation’s annual celebration of, what many consider to be, the ultimate bean-based beverage. In observance of this much-anticipated “holiday,” restaurants and coffee shops across the country are offering deals and discounts (including FREE COFFEE) to keep...

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Category: payments

How to Lower Your Combined Ratio by Reducing Admin Expenses

As part of a heavily regulated field, insurance companies are limited in options when it comes to increasing profit margins outside of investment revenue. In this article, we’ll explore those limitations and discuss how re-configuring your operations around payments can help you lower your combined ratio.   Industry Regulations Most other types of businesses can affect their bottom line ...

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