Insurance

A Simple Guide to Detecting Insurance Companies with Dishonest Practices 0

It is no secret that many companies tend to focus more on profits than fulfilling financial obligations to their customers. Insurance companies are not exempt from this practice, as there are some insurers who are quick to collect premiums but reluctant to pay legitimate claims. However, not all insurance companies are the same, and some

The Three Most Common Types of Insurance 0

When it comes to insurance, there are several types of policies that can offer protection against various types of damage or accidents. However, every family should have at least one of the three most common types of insurance. 1. Homeowner’s insurance Homeowner’s insurance has six categories, with HO-1 and HO-2 being the most common options.

5 Basic Insurance Mistakes to Avoid 0

It’s essential to have basic insurance coverage. Ignoring the importance of insurance can be a huge mistake. There are common mistakes that you should avoid when buying insurance. Below are some of them: Ignoring the Importance of Basic Insurance: Basic insurance is essential. It protects you in the event of car theft and accidents. Basic

Understanding the Importance of Liability Insurance 0
- Latest News
- June 27, 2022
In today’s litigious society, people are becoming increasingly aware of their liabilities. They prepare their defence much before the results are out. For instance, doctors pay huge amounts of money to get insurance coverage as patients can hold them accountable for any careless or malpractice issues. Liability insurance is not only important for doctors, but
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Benefits of Modern Insurance Policy Systems for the Industry 0
- Latest News
- June 11, 2022
Insurance companies have been using legacy systems for their core applications for a long time, but they are now facing limitations that prevent them from functioning efficiently. Modern policy administration systems (PAS) offer numerous benefits, such as increased availability, reliability, and security, making them a viable solution for the industry’s problems. However, some insurers are
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No ROI Without Relevance in the Insurance Industry 0
- Latest News
- April 19, 2022
Nowadays, businesses need to integrate new insights into their strategy and develop a comprehensive plan for success. According to a study by McKinsey, companies that employ customer analytics extensively are more likely to generate above-average profits. Not only that, they also outperform their less analytically focused counterparts during the entire customer lifecycle, which leads to
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