Embedded insurance: a brief overview

Embedded insurance is currently a red-hot topic in the industry. It has permeated many of our recent conversations as clients evaluate how embedded currently impacts—or could impact—their distribution plans. The sense of urgency is compounded by disruptor companies like Tesla throwing their hat, in a meaningful way, into the insurance ring.  Some recent perspectives on … Read more

Insurance agent who set up “fraudulent agency” arrested for theft

A former insurance agent has been arrested for allegedly taking part in a scheme that saw him steal multiple victims’ identities in order to open a “fraudulent insurance agency”, the California Department of Insurance said on Thursday (August 18). Francis Okyere, 70, was previously licensed as an insurance agent in Westlake Village. He is also … Read more

Does Homeowners’ Insurance Cover Flooding? – FindLaw

The best time to get protection against a flood is before it happens. That means if you keep anything in a basement or live on the ground floor, it’s important to have flood insurance. However, many properties that should have flood insurance do not. A flood insurance policy is separate from a standard homeowners insurance … Read more

Insurance News: How AI is enabling the future workforce

The insurance industry continues to cope with an aging workforce and with the impacts of the Great Resignation. To fill the resource gaps, carriers are increasingly turning to collaborative robots, or cobots, to help train and retain younger workers.  In this Insurance News Analysis, we were delighted to welcome Matt Coughlin, Founder & CEO of … Read more