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Blogs Archives - Insurance Journal
Enhancing Underwriting Precision with AI and Cloud Technology: A Deep Dive into SelectsysTech’s RQB Platform This post is part of a series sponsored by Selectsys. In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and ensuring profitability. As the insurance landscape continues to evolve, traditional …
POSTED OCTOBER 04, 2024 4:08 AM |
What Does Aggregate Mean in Insurance? A Simple Guide This post is part of a series sponsored by Darkhorse Insurance. In insurance, “aggregate” is a term that can make a big difference in your coverage. In this guide, we will break down what it means and why it matters …
POSTED OCTOBER 03, 2024 10:25 PM |
Optimizing Policy Renewal and Retention with Selectsys BPO Services: Strategies for Insurance Success This post is part of a series sponsored by Selectsys. In the highly competitive insurance industry, the policy lifecycle doesn’t end with the initial sale. Instead, the renewal and retention phases are critical touchpoints that can significantly impact an insurer’s …
POSTED OCTOBER 02, 2024 4:50 AM |
3 Reasons Not to Get Your Adjusters a Florida DHS This post is part of a series sponsored by AgentSync. Adjuster licensing is famously terrible. Ask anyone who has ever been an adjuster. Or handled adjuster compliance. Or even regulated adjusters for their state department of insurance. There are a …
POSTED OCTOBER 01, 2024 9:00 AM |
Leveraging Automation in BPO to Drive Insurance Efficiency and Innovation This post is part of a series sponsored by Selectsys. The insurance industry is undergoing significant transformation, driven by the adoption of automation in Business Process Outsourcing (BPO). By integrating technologies like artificial intelligence (AI), machine learning (ML), and robotic …
POSTED SEPTEMBER 30, 2024 4:11 AM |
Streamlining Policy Issuance and Servicing with BPO: Key Benefits for Insurance Carriers This post is part of a series sponsored by Selectsys. In the ever-evolving insurance industry, efficiency and accuracy in policy issuance and servicing are crucial to maintaining competitiveness and delivering a superior customer experience. Insurance carriers are under constant pressure …
POSTED SEPTEMBER 27, 2024 4:11 AM |
Crimes Against Customers: Part 3 – Technology Crimes This post is part of a series sponsored by AgentSync. Insurance compliance is serious business. Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, and dually licensed broker-dealers. …
POSTED SEPTEMBER 26, 2024 9:00 AM |
Selectsys Max and Hub: The Ultimate End-to-End Solution for Next-Gen Insurance Management This post is part of a series sponsored by Selectsys. Introduction In today’s fast-paced and increasingly digital insurance landscape, the need for an all-encompassing, flexible, and scalable management system is greater than ever. Enter Selectsys Max and Selectsys Hub—a powerful …
POSTED SEPTEMBER 26, 2024 4:11 AM |
How Data Analysis Enhances the Underwriting Process This post is part of a series sponsored by Selectsys. In the ever-evolving insurance industry, data analysis has become a cornerstone of the underwriting process. By leveraging data, underwriters can make more informed decisions, assess risks more accurately, and improve …
POSTED SEPTEMBER 25, 2024 4:11 AM |
Getting to the Heart of Hail: How Forensic Data Optimizes Hail Claim Verification This post is part of a series sponsored by CoreLogic. In the summer of 2023, there were several hailstorms in the Minneapolis area that each caused more than a billion dollars in damage. The Minneapolis area wasn’t alone. There were …
POSTED SEPTEMBER 24, 2024 11:42 PM |
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