InsurBrief’s Post

’The insurance industry is ripe for innovation and WTW is at the forefront of this transformation,’ says appointee https://lnkd.in/eJpB9bw6 #insurance #insuranceindustry #insurancenews #ukgi #insurancebroker #brokers #broker #insurers #insurer #mgas #mga #b2b

Verisk Launches First-of-Its-Kind Insurance Index to Better Inform Pricing Decisions Read more: https://lnkd.in/dSujRfqB #Verisk #InsuranceIndex #PricingDecisions #finance #fintech #FinancialIT

When is insurance more than just insurance? In this webinar replay from Equitable Bank you'll learn how insurance lending products can serve as important tools in your client’s portfolio—and your business. #cecorner #cecredits #ce #financialplanning #financialadvisors

Explore the future of insurance with Earnix's 2024 Trends Report! This report reveals how after years of uncertainty, many insurers are now eager to take the next steps to implement more effective strategies to grow their business and stay a step ahead of the competition. Check it out here >> https://bit.ly/3NUaYFQ #insurance #insuranceindustry #fintech #earnix Earnix

Mastering Complexity: The Premium Payment Processing Revolution in Insurance Read the full blog: https://lnkd.in/dibciKp2 #PaymentProcessing #Insurance #PremiumPayments #FintechInnovation #InsuranceTech #FinancialServices #finance #fintech #FinancialIT

Financial Conduct Authority Calls on Insurers to Ensure They Demonstrate Fair Value and Good Customer Outcomes Matthew Brewis, Director of Insurance at the FCA, said: ‘Insurers need to make sure their customers are getting fair value. Progress is being made, but we are still seeing too many examples of insurers and brokers lacking the right information, governance, or oversight to ensure their customers get consistently good outcomes. ‘All insurance firms should take note of our findings and make improvements where appropriate. ‘We’ll continue to take action where we see poor value so consumers can have confidence when buying insurance products.’ https://lnkd.in/eFtbKnS5 Adrian Hall Miten Patel Alice Jones Piers Walton Ian Alderton #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Fulcrum previously pioneered the direct collection concept, which fundamentally changed the premium collections landscape for the better by de-risking insurers' insurance collection process while simultaneously keeping the broker market involved and invested in it. Fully compliant with insurance legislation, Fulcrum CollectDirect™ collects premiums from policyholders directly into the respective insurers’ bank accounts, removing the need for guarantees. Fulcrum manages the entire process, including bank reconciliations, reporting and queries. Fulcrum CollectDirect™ accommodates all policy administration systems. Read more here: https://lnkd.in/dz7i5BD #efficiency #insuranceindustry #premiumcollections #fulcrumcollections #fulcrum #fulcrumgroup #fulcrumcollections #fulcrumpremiumfinance #financesimplified #weseeitdifferently #insuranceindustry #premiumcollections #insurance #debitorder

Eclipse's solution allowed Legal & General to automatically migrate the old document templates, which saved a significant amount of man-hours in the migration process. Read more 📄 Link in comment #Insurance #CustomerCommunications #Forms

Measuring Success: How Hardness Testers Impact Finance and Insurance.

Credit Control in Short-Term Insurance In the fast-paced world of short-term insurance, effective credit control is key to maintaining financial health. It's all about ensuring that premiums are collected on time, managing outstanding accounts, and minimizing risk. By closely monitoring payment patterns and proactively addressing issues, we help maintain the cash flow that keeps our operations running smoothly. Credit control isn't just about numbers—it's about building trust and long-term relationships with our clients. We strive to ensure transparency and open communication, so everyone stays on the same page. It's a critical role that directly impacts our company's stability and growth. #Insurance #CreditControl #FinancialHealth #CustomerRelationships