Commentators, reviewers, bloggers and other are now exposed to many unexpected risks. A growing number of insurers are now offering special social media influencer insurance products and packages to help online personalities to cover themselves against several risks. This new form of coverage is meant to protect influencers against their unique liability exposure. Coverage through social media influencer insurance is a new form of solution for that industry. It moves beyond the traditional forms of business coverage which don’t quite represent the types of risk faced by those writing and…
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The Insurance Industry and Technology
The insurance industry has long been wrestling with ways to engage and retain customers. Like any business, insurance companies have to evolve with changing times and the way that consumers interact with one another and how they choose to interact with companies. Technology has become one of the most powerful forces in the world and insurers are having trouble adapting to this fact. Throughout the insurance industry, companies are beginning to adopt new business strategies that are based on the use of new technology. Some of this technology has to…
Read MoreThe Power of Social Media in the Insurance Industry
The insurance industry can benefit from social media Social media can be a powerful tool for consumers and businesses alike. Platforms like Facebook, Yelp, and Twitter offer companies an opportunity to engage consumers in a more dynamic way, while also serving as platforms for consumers to express their opinions about the products and services that a company may be offering. For the insurance industry, social media can be quite important to maintaining credibility. Insurance is often a controversial issue, with many companies being seen as disconnected from consumers entirely. A…
Read MoreBig data may help root out insurance fraud
Insurance companies are turning to big data in order to fight fraud Insurance fraud has been a problem that has plagued the insurance industry for years. As technology becomes more advanced, however, combating fraud may be becoming easier for insurers. Big data may serve as a powerful tool against fraudulent activity and could be used to help insurers determine whether a claim is real of fake. Insurers are beginning to use this data to identify behavioral patterns concerning claims in particular sectors. Big data can help highlight behavioral patterns that…
Read MoreFinding a webmaster to build your insurance marketing website
Building an insurance agency website is something almost anyone can do with a few clicks of a mouse. However, these ready-to-use sites are often plain and there are many people using the same template. If you want something you have total control over and that has your own unique stamp on it, you should hire a webmaster to build and even run your site for you. Before you choose, there are some important things to ask a potential webmaster so you know you have chosen the right person for the…
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