Why specialty insurance is on the rise in the U.S. In a country where many people don’t have health insurance, it might seem surprising that specialty insurance is on the rise. However, it’s also a country where people treat their pets like family and their iPhone like personal assistants. As people weigh the cost/benefit of insuring what they love in their lives, more and more of them are deciding that they’d rather be safe than sorry. Here are five reasons why specialty insurance is on the rise. *1) Pets are…
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Ensquared predicts sharp increase in Apple mobile device insurance
The leading device insurance authority, Ensquared, has predicted another spike in the number of policies purchased in the near future for iPad and iPhone mobile devices. The reason that they expect so many people to purchase these policies throughout the holiday season is that the devices themselves are considered to be the hot gift during that period of time. Shortly after the recipient obtains the device, many of them will then look into buying coverage for it, just in case it should ever by damaged, lost, or stolen. As the…
Read MoreInsurance agents and carriers bring their mobiles with them everywhere
A study conducted by FirstBest Systems, Inc. has shown that the majority of insurance agents and carriers either want or already use a tablet computer, and that virtually all of them have a minimum of one smartphone, and that they all want to have convenient information access, to be able to be able to perform tasks of a time sensitive nature quickly and easily, and to offer superior service no matter where they are or what time it is. FirstBest performed the Mobile Technology for Insurance Survey while taking part…
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