March 13, 2019

Financially Responsible Lawnmower Racers Can Rejoice: Life by Spot Is Live

Life by Spot’s Got Life Insurance for Adrenaline Junkies Life by Spot, the life insurance firm that Corporate Insight first examined in January, is now offering short-term policies for adrenaline junkies, emailing interested prospects to announce the launch a few weeks after going live. Getting a quote from Spot’s website is quick and relatively simple: […]

March 06, 2019

Nationwide Launches New Telematics Program SmartMiles

Nationwide recently announced the launch of SmartMiles, a new auto insurance policy targeting low-mileage drivers. SmartMiles uses a pay-per-mile model, ideally saving drivers on their insurance premiums while providing the same coverage as a traditional auto policy. The firm first entered the telematics space in 2011 with SmartRide, a program that rewards safe driving habits […]

February 19, 2019

Progress in eDelivery Offerings since 2016

In addition to its environmental and financial benefits, paperless delivery—or eDelivery—allows clients to view account-related documents with one click. In the January 2019 P&C Insurance Monitor Report, we analyzed all 19 of our coverage group firms’ eDelivery services and promotional efforts. Leading firms promote easily findable, dedicated eDelivery pages that facilitate seamless private site and […]

February 07, 2019

P&C Firms Respond to Government Shutdown

President Trump signed a bill on January 25 to temporarily reopen the government after a 35-day shutdown that impacted 800,000 federal employees. While the property and casualty insurance industry is mostly state regulated, there is a potential for increased filings of lawsuits and insurance claims in cases of longer-term shutdowns. Most troubling, the Federal Emergency […]

January 25, 2019

What Blockchain Technology Could Mean for P&C Insurance in 2019

The insurance industry is historically slow to adapt, often placing it behind the curve when it comes to digital innovations. With 2019 underway, many people still call insurance brokers on the phone and legacy systems continue to hinder insurers’ efforts to fully embrace modern technology. However, the industry is surprisingly at the forefront in using […]

January 05, 2019

Latest Annuity and Life Insurance Product Updates

This slide deck examines product releases from annuity carriers and life insurers covered in Corporate Insight’s Annuity Monitor and Life Insurance Monitor research services. We provide a rundown of new products introduced on coverage group firms’ websites in the second half of 2018 and highlight their key features. Download Slide Deck If you do not […]

January 02, 2019

Life by Spot: Can Short-Term Life Insurance Succeed in the Long Run?

Do people who jump out of airplanes for fun also buy life insurance? A new insurance company is going to find out. Life by Spot, a Texas-based startup, plans to offer short-term life insurance to skydivers, lawnmower racers and other thrill-seekers starting in 2019. Traditional insurers have long been reluctant to insure skydivers, who statistically […]

December 06, 2018

2018 PIR Conference Takeaways

Corporate Insight recently attended the 2018 Property Insurance Report National Conference at the beautiful Ritz-Carlton in Laguna Niguel, California. Every year, host Brian Sullivan of Risk Information invites industry leaders and key decision makers to offer their takes on the latest industry trends and home-related products and services. Over two days, a diverse lineup of speakers highlighted a variety […]

November 29, 2018

Three P&C Insurance Takeaways from the 2018 SIR Conference

Last month, Corporate Insight attended the 2018 Society of Insurance Research National Conference in New Orleans. Robert Mozeika from Munich RE set the stage in his keynote address when he asserted that the “industry is ripe for change” thanks to the large quantities of data that insurers are collecting. He positioned data as the “new […]

November 19, 2018

Mobile Trends and Opportunities in Digital Health: Study Now Available

Corporate Insight (CI) just published our latest study, The Road to Digital Wellness, revealing the gap between what healthcare insurance members want from their insurers’ mobile apps and the capabilities that exist today. Drawing on our 2018 survey of over 1,200 insurance web and/or mobile users, the study provides insight into best practice examples in […]