State Farm Insurance company dives into the metaverse

Insurance company - Metaverse

The insurer celebrates its 100th birthday this year but isn’t letting its age hold back its forward progress. State Farm Insurance company may be turning 100 years old this year, but it is also leaping forward with the latest technology by entering the metaverse. The insurer has announced that it is looking ahead to a future that includes the metaverse. The insurance company announced that it would be stepping into the metaverse as a part of its path ahead with technology. “At 100 years young, State Farm is harnessing the…

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State Farm Insurance company chooses TikTok over TV for Super Bowl campaign

Insurance Company - TikTok

The insurer is taking aim at a fresh generation of consumers in its video challenge for the big game. State Farm first started airing ads during the Super Bowl last year, and the insurance company plans to do so again in 2022, though in a notably different way. Instead of focusing its ad dollars for an expensive TV spot, it wants to hang with viewers online. The insurance company has decided to take a different direction than the usual marketing splurge on huge celebs and exceptionally pricy commercial spots during…

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State Farm to hold two massive insurance job fairs to hire thousands

Insurance job - Job Fair

The insurer is seeking to fill over 3,400 positions during the events, which will be held virtually. State Farm announced this week that it will be holding two virtual insurance job fairs as it seeks to hire over 3,400 new employees. The events will be held in the next few days and are designed to help meet with prospective candidates. The insurance company announced in a recent media release that it will be hiring thousands of people in full-time and part-time positions. These employees will have positions across the United…

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State Farm and Hagerty join together for classic vehicle insurance

Classic vehicle insurance - vintage Chevy Cadillac

The collaboration is set to start providing this special form of coverage starting in early 2022. State farm, the largest private passenger vehicle insurer in the United States, and Hagerty Insurance have agreed to collaborate to introduce a new classic vehicle insurance coverage plan starting in 2022. This new policy will be called the State Farm Classic+ and will launch early next year. The collaboration will add the entirely new classic vehicle insurance policy to the market so that owners of these cars and trucks will be able to purchase…

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State Farm uses digital tools to deliver faster insurance payouts on claims

Insurance payouts - computer and dollar bills

The insurer has used a solution enabled by Fiserv to make the process possible. State Farm has rolled out a new digital solution for making insurance payouts on claims for its fire and auto customers. The digital payments solution uses technology from Fiserv, Inc. a leading global payments and financial services technology solutions provider. Using the Digital Pay option, customers are provided with improved flexibility after a claim. The Digital Pay service lets consumers choose a faster way to receive their insurance payouts on auto and fire claims. Many consumers…

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