The Efficiency of Remote Insurance Agents During COVID-19 Lockdown

The COVID-19 situation has taken everyone by surprise; from the healthcare highly pressurized medical industry to the oil and gas industry, and everything in between. With everything that’s going on, it is no wonder that the insurance sector has also seen its share of uncertainties and problems. Regarded as a non-essential service, the lockdown that ensued after coronavirus posed numerous

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Understanding the Impact of COVID-19 & the Lockdown on the Insurance Sector

Apart from the healthcare industry, one of the core sectors that have amplified their importance during the harsh times brought upon by the COVID-19 pandemic is the insurance sector. It has proven itself as a core player in the development and resilience of the economy throughout the US. With lockdown restrictions implemented all over the country starting from April 9th,

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Types of Insurance Fraud and How to Look Out for Them

Insurance fraud is one of the leading causes of financial instability and stress for families all over the United States. According to the FBI, insurance scams end up costing somewhere between $400 to $700 per annum to the average American family on insurance premiums. This might not seem alarming, but the figure stacks up. To give perspective to that, consider that

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Steps Towards Preventing Insurance Fraud

In 2016, there were more than 1,800 fraudulent insurance claims which put strain on insurance fraud investigators’ already strenuous job. According to a report by the State of Insurance Fraud Technology, this figure increased exponentially from 2016 to 2018. Unfortunately, it takes a long time for an insurance fraud to be proven in court, which is why there’s a saying;

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Things to Consider When Choosing an Insurtech Technology

The entry of insurance technology in the insurance value chain has come with a lot of benefits for all stakeholders involved. For insurance companies, embracing insurtech is the right way to satisfy the expectations of their clients. If you haven’t integrated digital tools in your business, here’s your time to do so. In this article, we’ll have a quick look

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How to Effectively Plan and Protect Your Assets; Digital and Tangible

What will happen to your asset after you die? This is a major concern for a large number of people. To ensure that your assets remain protected and are distributed to their legal heirs, you should effectively plan to protect your assets. And while most people do the arrangements for the protection of tangible assets, they conveniently forget to secure

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Why Should You Embrace Insurtech for Estate Planning?

You are the sole breadwinner of your family and running your household with your regular income. You are working hard to keep your family happy and satisfied. Have you ever considered what would happen to your happy family in case of your unexpected death or your life-long disability? Have you thought about legacy planning at all? This is a question

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How Insurance Agents Can Integrate Digital and Offline Marketing

In the current digital age, having an online presence is crucial to all organizations. The advent of insurtech in the insurance industry has helped many organizations scale their operations and grow their customer base. Therefore, insurance digital marketing is a great way to take your business to the next level. These days, people spend most of their time online. In

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3 Reasons Why Customers Should Buy Products from You!

Insurance can be a complicated purchase. Clients are buying a promise of protection that could potentially make or break their financial well-being which can be stressful. How do they know that you’re the right choice as their agent? Are they getting the best value for their money?  Here are three reasons you can tell your clients why they should buy from

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How to Start Legacy Planning

The unfortunate reality is that a lot of people get into the latter years of their life and wonder where it all went. Time flies by as we get caught up in the business of day-to-day life, and we often forget to stop and assess what’s going on. Legacy planning is a way to live with purpose and intentionally that

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