Category: Technology

Agents and professionals are advised to keep up with technology – this will be sure to help with running an agency or brokerage. Learn what company is coming out with the latest claims program or risk mitigation software.

Health insurance is among the top three forms of robocall scams

Logan B.
robocall scams - health insurance phone scams

A recent study identified the most common types of fraud involving automated telephone solicitation. Robocall scams are becoming increasingly problematic, particularly as our phones are with us everywhere these days, not just at home. New research from an Arkansas-based call management firm looked into the most common types of these automated phone scams. These phone scams are designed to trick people into handing over money or identity information. The First Orion robocall scams study showed that health insurance, Amazon, student loans and free vacations are among the main subjects of…

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Canadian insurance officials issue recommendations regarding self-driving cars

Julie Campbell
Technology - Self-Driving Cars

The Insurance Bureau of Canada is looking at the future of automated vehicles directly in the face. The Insurance Bureau of Canada (I.B.C.) has issued recommendations regarding self-driving cars and their impact on the industry. The I.B.C. recently released a position paper in which it addressed the issue of automated vehicles. The I.B.C.’s paper was titled, “Auto Insurance for Automated Vehicles: Preparing for the Future of Mobility.” This focus on self-driving cars was published during the bureau’s annual Regulatory Affairs Symposium. The paper looked into the auto insurance industry and…

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Google buys minority stake in insurance agency software provider, Applied Systems

G. Turner
Insurance Agency Software - Google

The purchase was made through CapitalG, Alphabet’s growth equity investment fund. Google has purchased a minority stake in a company called Applied Systems, which provides insurance agency software, cloud based software and other tech for independent agencies. CapitalG was also the investment firm behind the funding for Airbnb, Lyft, SurveyMonkey and Zscaler. CapitalG is the growth equity investment fund at Alphabet, Google’s parent company. As of the time of the writing of this article, neither CapitalG nor Applied Systems have disclosed any of the financial details of the deal. That…

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Travelers insurance discounts added after purchase of home policies over Amazon

Julie Campbell
Travelers Insurance Discounts - Woman - Discount Price

The insurer has opened a storefront on the website’s marketplace, said a company announcement. Policyholders seeking Travelers insurance discounts may be able to find them by shopping on Amazon. The insurance company has created a digital storefront that has become the first of its kind on the electronic marketplace. The homeowners insurance policies will use smart home technology to help monitor houses. “Smart home technology is making it easier for all of us to monitor our homes and help protect us from some of the most common causes of damage,”…

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Allstate identity protection gets a boost with InfoArmor acquisition

Julie Campbell
Identity Protection - Face

The insurer is expanding its ability to cover consumers against growing ad increasingly common risks. The Allstate Corporation is upping its presence in identity protection with a new agreement for InfoArmor, Inc. acquisition. This deal gives the insurance company the opportunity to raise its potential within this market. Identity theft is a growing area of concern among consumers who want to protect themselves. InfoArmor is a leading employee identity protection provider. It currently protects over 1 million employees and the members of their families. It covers the workers at over…

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