Insurance companies like State Farm say now is the time for spring maintenance

Spring maintenance - Taking care of home

As the weather warms, and winter is left behind, homeowner have a few chores to complete. As tempting as it is to get outside and enjoy warmer spring weather, insurance companies are reminding homeowners that it’s best not to wait to complete spring maintenance tasks. State Farm has issued a reminder to customers including five tasks that are best to complete. In the spirit of reminding customers about spring maintenance and the importance of making sure the home is ready for the warmer months and everything that they come with,…

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Insurance payouts made via instant payments reached $227 billion last year

Insurance payouts - A person paying someone else

Insurers sent about 20 percent of all payments to policyholders using this digital method. Last year, nearly one in five consumers received insurance payouts at least one time, and among those 49 million policyholders, a larger number than ever before received the funds via instant payments. That meant 2022 represented the third consecutive year of increases for the use of this method of payments. The rising interest in and use of instant insurance payouts indicates that insurers will be increasingly required to provide customers with options from which they can…

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More asset managers addressing insurers investment needs

asset managers data analysis

CAMRADATA, a leading provider of asset manager research, due diligence, investment data and analysis for institutional investors has just published their US Insurance Asset Manager 2022 Directory, the #1 source of insurance asset management data. This year, CAMRADATA’s US Insurance Asset Manager Directory 2022 concentrates on those asset managers who are currently managing portfolios on behalf of global insurance companies, including US insurers, as provided via CAMRADATA’s online manager research platform, CAMRADATA Live. With over 115 asset managers listed, the US Insurance Asset Manager Directory 2022 is the largest and…

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Top 5 Misconceptions and Crucial Insurance Outsourcing Facts: 2022

Top 5 Misconceptions & Crucial Insurance Outsourcing Facts: 2022

Almost 54% of all companies use third-party support teams to connect with customers. An excellent outsourcing transition leads to long-term benefits. Globally, businesses spent $75.2 billion on outsourcing security last year. To be precise, Insurance outsourcing is an efficient way to simplify your P&C insurance operations; policy management, claims processing, and other operational support that demand a lot of time of an organization.  Insurance outsourcing allows insurance companies to adapt to the virtual environment. Now more and more companies are doing business online. As a result, the insurance Business Process…

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Insurance Tips That Could Help You Stay on Top of Finances

money in pocket to help with finances

Different people deal with their own finances in different ways, and part of that is simply down to the fact that these situations are often entirely unique from one another. While there are tips that you can generally follow in order to see a better result, it’s difficult to find a piece of advice that perfectly describes your situation and gives you a clear direction out of the woods. So, you might find it more beneficial to simply focus on one aspect of your financial life and see if that…

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