The Insurance Industry and Climate Change

Climate Change Insurance agents Industry

Climate change does not escape the notice of insurers Climate change is a controversial issue, but not so controversial that the insurance industry would avoid it. Indeed, many insurance groups around the world are beginning to consider climate change a very serious problem that should receive equally serious attention. While climate change has become heavily politicized, the insurance industry is keen to remain somewhat neutral on the matter, suggesting that the potential damages that can be associated with climate change are a more important subject than the cause of climate…

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Health insurance: A lack of knowledge may be the plight of young people

teen mobile train bus health insurance

Young people are almost entirely unaware of insurance issues There is a significant gap in the awareness that younger people have concerning health insurance than that which exists with their older counterparts. Insurance is often considered a boring subject among young people. Many of these people do not have to worry about insurance issues in any way, which means that they perceive little purpose in understanding insurance in general. This lack of interest may actually prove problematic in the future as the insurance landscape in the U.S. continues to change…

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Insurance industry and renewable energy go hand-in-hand

green alternative energy insurance industry

The insurance industry may help direct the course of clean energy’s future Renewable energy is becoming more prominent throughout the world. Developing countries are turning to clean energy for the sake of economic growth, while larger countries are looking to use renewable power to cut down on the emissions that they produce through the consumption of fossil-fuels. Renewable energy is poised to become the most important business sector in the world as fossil-fuels begin to fall from favor, and the insurance industry may play a major role in the future…

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Customer retention is a top priority for the insurance industry

business agent mobile insurance industry

Economic crises has insurers shifting their priorities Though the peak of the global economic crisis may have passed, many people throughout the world are still reeling from the catastrophe. As such, many people have become much more leery of the insurance industry than they were in the past, and this is leading to problems concerning customer retention. Consumers are not the only victims of the economic crisis, of course, as businesses have also suffered to some degree. This is true for insurance companies as well, many of which have become…

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Apps are playing an important role in the insurance industry

mobile apps insurance industry

Mobile apps have become powerful tools for agents Mobile applications could be a very powerful tool for insurance agents and consumers alike. Much of the insurance industry has begun to make use of mobile apps in order to connect with consumers in a more personable way. These apps are sometimes used to assuage public opinion regarding the faceless, profit-minded conceptions that people have about insurance companies. To some degree, these applications have been successful, dispelling some of the negative stigma that has come to define the insurance industry. For insurers,…

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