Live Insurance News

Insurance industry struggles to embrace mobile technology

April 11, 2014April 9, 2014 S.Vagus

Lackluster mobile apps may be a major problem for insurance companies Capgemini, a leading consulting firm, has released a new report highlighting the insurance industry’s somewhat complicated relationship with mobile technology. For the past several years, insurance companies have been working to engage consumers through the use of social media, the Internet in general, and mobile applications. Some have found success, but success has been quite elusive for many others. One of the problems that insurers are facing currently has to do with the quality of the mobile applications they…

Insurance technology is taking a step toward becoming more personable

March 26, 2014March 24, 2014 S.Vagus

Insurers are beginning to focus on the world of mobile applications Insurance companies are beginning to look to technology in order to help them connect with consumers. While many insurers have turned to social media in order to increase their engagement, having a presence on sites like Twitter and Facebook is no longer considered adequate. As such, many companies have begun to develop and release their own mobile applications in order to appeal more effectively to consumers that are becoming heavily reliant on smartphones and tablets. Apps may be able…

Mobile insurance is facing challenges in Asia

April 17, 2013April 16, 2013 Logan B.

Mobile insurance gains attention as more consumers get smartphones and tablets Mobile technology is beginning to play a major role in the lives of people all around the world. In Asia, smartphones and tablets are becoming exceedingly valuable, partly due to the services they provide to consumers as well as the type of information these devices are beginning to store. Several Asian markets have begun showing strong favor for high-end mobile devices, especially those designed to participate in mobile commerce. These devices are not only attractive to the average consumer, of course,…

T-Mobile may be raising insurance rates

December 10, 2012December 7, 2012 Nordstrom

T-Mobile could be pushing higher insurance rates next year Insurance coverage for mobile devices is becoming increasingly common and more comprehensive, especially as more consumers come to rely on their mobile devices in their daily lives. Smart phones represent a significantly costly investment for a wide range of people and are well-loved by many because of the features they offer. Smart phones are also popular targets of theft because of the information they contain and some are notoriously fragile. T-Mobile customers may see the insurance rates for their mobile devices…

Mobile device insurance market in the U.S. poised for growth

June 16, 2012February 9, 2014 Nordstrom

Advanced mobile technology becoming a popular candidate for insurance protection Mobile technology is growing at a rapid pace around the world. More mobile devices, such as smart phones and tablets, are finding their way into the hands of consumers, especially in the U.S., home of some of the largest mobile technology developers in the world. As mobile devices become more advanced, consumers are beginning to see the potential risks in these devices becoming damaged or stolen. As such, the mobile phone insurance market has experienced more growth as consumers demand protection…