Techsurance is a portmanteau of technology and insurance used to describe the increasing integration of technology solutions with the insurance industry. The state of techsurance is the subject of a research study conducted jointly by Velocify and Insurance Technologies Corporation.
In the insurance industry, the buying power continues to shift to the consumer, who shops online, often in search of the lowest price. This new reality is making it increasingly difficult for insurance agents to service and retain existing clients and compete to attract new clients. It should not come as a surprise then that, […]
There is a widening technology gap in the insurance market. In fact, Direct agencies lead adoption in four of six technology categories, leaving independent agencies in the dust, according to a new study, “The State of Techsurance 2015.” Independent agents run the biggest risk of falling behind in the market if they do not re-think […]