Category Archives: Business: Insurance

Press Releases from the Insurance world, What’s new, Popular, Trending and News Worthy. In the ever changing industry of Insurance.

Groundbreaking Insurance-as-a-Service Platform TMQuotes Launches Next Gen Upgrade


TMQuotes, a revolutionary cloud-based solution marketplace for insurance agents, has a new release with next generation API integration functionality which enables agents to take more involved ownership over their personal marketplace.

Launched by VisitorsCoverage Inc. in 2017, TMQuotes was the first white label software-as-a-service (SaaS) to give insurance agents and brokers the tools to sell all major international travel medical and trip insurance products online, under their own brand. With more autonomy, agents are empowered to grow their online presence and increase revenue, regardless of technological skill.

From chatbot flow to custom forms and beyond, the TMQuotes REST API Platform, released on February 10, 2020, allows agents to seamlessly integrate with the platform to get up-to-date lists of travel insurance plans and quotes to support a myriad of unique customer journeys. The easy-to-use integration can also accommodate a higher level of customization and encourages agents to take control of their marketplace to better serve their clientele.

“We are excited to give agents and brokers greater ease of use and flexibility within their personal marketplace, while increasing functionality and efficiency” said Rajeev Shrivastava, CEO and Founder of VisitorsCoverage Inc. “The API toolkit is just one of the many ways TMQuotes is constantly working to improve and simplify the agent experience.”

About VisitorsCoverage Inc. — VisitorsCoverage Inc. is a Silicon Valley-based insurtech company headquartered in Santa Clara, Calif. which provides travel insurance for millions of global travelers in over 175 countries. Founded in 2006 by insurtech pioneer and industry expert Rajeev Shrivastava, VisitorsCoverage is constantly evolving by creating innovative, market-demand products and by continually updating an extensive online knowledgebase for their global clientele. For more information visit http://www.visitorscoverage.com or call 650-735-3640 ext.131.

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South Bay SUV Shoppers Can Soon Get the 2020 Volkswagen Atlas Cross Sport at Pacific Volkswagen


Pacific Volkswagen will soon offer the 2020 Volkswagen Atlas Cross Sport, which is a sportier and smaller version of the Volkswagen Atlas.

The Volkswagen Atlas has been an incredible success since its debut two years ago — and now Volkswagen is expanding the Atlas lineup with the 2020 Volkswagen Atlas Cross Sport. The Atlas Cross Sport, which is a sportier and smaller version of the Atlas, greatly impresses, with its eye-catching design, robust engine options, a roomy and well-equipped interior, advanced driving assistance technologies and off-road capabilities. SUV shoppers from the South Bay of Los Angeles can soon get the 2020 Atlas Cross Sport at Pacific Volkswagen, with it arriving at the dealership in Spring 2020.

The 2020 Atlas Cross Sport delivers excellent performance with its two powerful engine options. The 2.0-liter turbocharged four-cylinder engine produces 235 horsepower and 258 pound-feet of torque, while the 3.6-liter V6 engine cranks out 276 horsepower and 266 pound-feet of torque. All Atlas Cross Sport models come equipped with a smooth-shifting eight-speed transmission, while the available 4Motion all-wheel drive system provides superb traction when heading off the beaten path and when driving in adverse weather conditions. When equipped with the V6 engine and the V6 Towing Package, the Atlas Cross Sport can tow up to 5,000 pounds.

Volkswagen infused the Atlas Cross Sport with a very high level of safety, especially with its plethora of safety-enhancing driving assistance features. This includes Blind Spot Monitoring, Forward Collision Warning with Autonomous Braking, Adaptive Cruise Control, Park Distance Control, Rear Traffic Alert, Dynamic Road Sign Display and Traffic Jam Assist.

The Atlas Cross Sport has an eye-catching look, with its wide stance, a three-bar chrome grille and a sculpted profile. Despite a length that is 2.8 inches shorter than the standard Atlas model, the Atlas Cross Sport offers a surprising amount of space for passengers, with a total passenger volume of 111.8 cubic-feet and a generous amount of legroom and headroom. The Atlas Cross Sport also offers plenty of cargo space, with a maximum cargo capacity of 77.8 cubic-feet.

Additional information about the 2020 Atlas Cross Sport and other models at Pacific Volkswagen can be found by visiting the dealership’s website at http://www.pacificvolkswagen.com, calling (424) 264-0813 or visiting in person at 14900 Hindry Avenue in Hawthorne.

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How To Find The Best Deals With The Help of Online Quotes


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“Getting online car insurance quotes will help drivers find the best coverage for his needs and budget,” said Russell Rabichev, Marketing Director of Internet Marketing Company.

Car insurance is a must for any driver who wants to drive legally across the United States. The auto insurance market is complex and numerous companies compete for business. In order to get a better view of the current market status, clients are recommended to get quotes and compare them.


  • Online car insurance quotes provide a better view of the current insurance market. Usually, drivers are not aware of local insurance providers. Most of them have heard of big 5-10 companies, but there are hundreds of local companies. By obtaining quotes from these smaller companies, drivers can notice that many of them offer really good prices for really good insurance services. Smaller companies may offer the best prices and services around, so do not hesitate to get quotes from them
  • Quotes will inform the customer about the average insurance costs. Although just estimates, insurance quotes use really good rate calculators. Good websites keep their info updated and provide results that match the insurer’s approximate premiums. Rate calculators will input the user’s info and calculate the premiums using the company’s database and algorithms.
  • Quotes will help the driver understand the value of a car and a driver’s risk profile. Online submit forms will help drivers understand if the car they have is still valuable or not. Car insurance companies take a car’s depreciation into consideration when issuing premiums. Other factors like credit score or past traffic violation will also influence the premiums and driver’s classification. Usually, this info is required by quote submit forms. Drivers can be labeled as Preferred, Standard or High Risk.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and money-saving tips, please visit https://compare-autoinsurance.org/.

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What Events Are Covered By Comprehensive Car Insurance?


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“Comprehensive insurance will provide financial support if the car was damaged by various factors not related to a collision. It also covers car theft. Find out more about this policy and why it is a good idea to purchase it”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Comprehensive auto insurance is included in the full coverage option. The car owner or lender decides if this policy should be bought or not. Understand the basics of this policy and get free car insurance quotes from https://compare-autoinsurance.org.


  • Comprehensive car insurance covers damage caused by “acts of God”. This policy was designed to cover damage not related to a collision. This includes damage caused by extreme weather phenomena, like hurricanes, snowstorms, floods, fires, landslides, earthquakes, etc. The recent Michael and Florence hurricanes and California wildfires are the perfect examples of events covered by comprehensive insurance.
  • Comprehensive car insurance covers damage caused by vandalism or during riots. In some parts of the country, riots were on a daily basis. Things got better in recent years, but still, there are plenty of rioters and vandals roaming freely across the United States. Comprehensive insurance will reimburse the policyholder if the vehicle is damaged or vandalized.
  • Comprehensive insurance covers car theft. This is the only policy that covers a theft scenario. If the car is stolen, then the owners must immediately report to the police and insurance company. It is important to remember that the companies will reimburse the owner for the Actual Cash Value of the car. The ACV is the value of the car at the moment it was stolen. A car’s value depreciates over time from the moment it was bought.
  • Comprehensive, just like collision coverage, involves paying deductibles first. The policyholder will have to set the value of the deductibles when buying the policy. This is the amount of money that the insured has to pay before the insurance company starts solving the claim. A high deductible will lower the premiums. The value of deductibles varies between $250 and $1500 +.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and money-saving tips, please visit https://compare-autoinsurance.org/.

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What Are The Best Car Insurance Discounts


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“Insurance companies offer a wide range of discounts. But only a few are really valuable and can save you a lot of money”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Clients should profit from all the discounts they are eligible for. Insurance companies are known for providing multiple discounts. Drivers are recommended to request their insurer to provide a list of discounts and their respective requirements.


  • Bundling discount. Since car and home are the most expensive to insure, combining coverage with the same company can provide a discount that will save the client a lot of money. Multi-vehicle plans can also provide significant savings. The value of the discounts varies a lot, depending on the insurer, the number of combined policies and the value of the insured belongings. Some companies are willing to offer discounts as high as 20 percent for these bundled packages.
  • Good driver discount. Keeping a clean driving record for a specific number of years will be rewarded with a discount. Some insurance companies will offer this discount after three years of safe driving, while others will require 5 years. Another advantage of this discount is that it’s usually applied per each driver in the household.
  • Low-mileage discount. The less a person drives, the lower are the chances to be involved in accidents. Retired persons, those who work from home or have a short commute should ask about this discount. Ask more about the annual mileage that will make the driver eligible.
  • Good student discounts. This is probably the best way is which teens can save auto insurance money. In order to qualify, the driver must have at least a 3.0 GPA or meet additional requirements (like being on the Dean’s Honorary List). Report cards or other documents are required in order to qualify.
  • Good credit score discount. Depending on his credit score, a driver can pay less or more on insurance premiums. Studies done by the insurance companies show that drivers with bad credit scores have higher chances to file for a claim or miss payments.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and money-saving tips, please visit https://compare-autoinsurance.org/.

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HealthCare.com InsurTech Business Crosses Significant Independent Broker Milestone After Significant Year-Over-Year Growth


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HealthCare.com, a leader in technology-enabled health insurance solutions, today announced that its insurtech business, operating under the name Pivot Health, has crossed an important business milestone, reaching over 10,000 independent brokers under active contract to sell its proprietary health insurance plans through its enrollment platform. Launched in 2016, Pivot Health grew its contracted agent pool more than 106% between 2017 and 2018, and by 50% between 2018 and 2019, breaking landmark outcomes.

“Helping brokers serve customers better, and be more efficient, is a central mission of ours,” said Jeff Smedsrud, Co-Founder of HealthCare.com and CEO of Pivot Health. “We believe customers deserve the opportunity to shop for health insurance through an omnichannel experience. They can run free quotes on our website, chat with someone if they have questions or work with an independent licensed insurance agent who markets Pivot Health products. The main theme is – the customer decides how best they will be served.”

HealthCare.com plans to expand its portfolio of proprietary products and insurance plans in 2020, rolling out new short-term health insurance plans and Medicare supplement plans.

“This year we will help over 2 million Americans make better health insurance choices through our website and we will connect them with helpful licensed insurance advisors. It’s a win-win for both customers and brokers seeking alternative health insurance solutions,” said Smedsrud.

In October 2019 HealthCare.com announced an $18 million Series B funding round to expand its health insurance solutions.

About HealthCare.com

HealthCare.com is an online health insurance company providing a data-driven shopping platform that helps American consumers enroll in individual health insurance and Medicare plans. HealthCare.com also develops and markets a portfolio of proprietary, direct-to-consumer health insurance and supplemental insurance products under the name Pivot Health. Founded in 2014, the company is headquartered in New York City and is backed by PeopleFund and individual investors including current and former executives of Booking.com and Priceline. HealthCare.com is a 4-time honoree of the Inc. 5000 list of America’s fastest-growing companies. For more info, visit http://www.healthcare.com.

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Distinguished Programs Adds Erick Schmitt to Executive Sales Team


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Distinguished Programs, a national insurance program manager, today officially announces the hiring of Erick Schmitt as the new regional sales executive for Texas and Oklahoma. Schmitt brings nearly 16 years of industry experience to his new executive role at Distinguished Programs.

“Adding an experienced insurance pro with such a strong track record and a history of positive results is sure to bolster the Distinguished executive sales staff,” said Kurt Meister, senior vice president of business development at Distinguished Programs. “Erick’s wealth of knowledge and managerial experience will add to the strength of our sales team as we continue to expand access to our insurance products and services across the U.S.”

As regional sales executive, Schmitt will be responsible for sales of the full range of products and services available at Distinguished across all industry sectors in his territories.

Prior to joining Distinguished Programs, Schmitt spent more than two years at Markel Specialty as senior sales manager. He also worked as business development manager at AIG for more than two years and with Nationwide for nearly 11 years, working in a number of roles of increasing responsibility.

Schmitt received his bachelor’s degree at the Ivy College of Business at Iowa State University. He is based in Dallas.

About Distinguished Programs

Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Cultural & Historic Properties and Hospitality & Restaurants. Property and liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished Programs’ high limit umbrella programs remain the clear choice in its areas of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, stemming back to 1987, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees. http://www.distinguished.com.

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What Is Personal Injury Protection?


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“Personal injury protection can help drivers that got injured in a car accident to receive the treatment they need and obtain help to do the house chores if they got a serious injury.”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Personal Injury Protection insurance (PIP) is one of the least understood types of insurance. Many policyholders don’t know that much about this coverage. This insurance will cover bodily injury after a car accident. This coverage was created because it took to long to decide who caused the accident and had to pay all the medical bills. PIP insurance will cover the policyholder and the immediate family members while occupying a car, or if they are struck by a vehicle while walking on the sidewalk. Also, PIP will cover any person inside the policyholder’s vehicle.

PIP insurance can cover the following expenses:

  • Medical bills. PIP offers coverage for all sorts of medical expenses. However, this insurance has some caps on coverage depending on the state’s minimum requirements and by the coverage plan. Drivers that need more protection can choose higher coverage limits.
  • Lost wages. Several types of PIP insurance can provide coverage for lost income. The amount the policyholder can claim will be limited and the insurance will be more expensive. Drivers that have insurance that covers lost wages should think twice before buying PIP insurance.
  • Funeral expenses. This optional feature will cover the cost of a funeral in case someone dies in a car accident. Policyholders should carefully analyze this option and see if the covered amount is enough to pay for all the expenses of a funeral. Also, this option can be useless for policyholders that have life insurance.
  • Death benefit. In case of a death in a no-fault accident, some PIP plans will offer a death benefit. In most cases, the surviving family members will get the unused premium.
  • Important services. PIP coverage will help policyholders that have major medical issues that stop them from fulfilling their daily and weekly house chores. Cooking, mowing the lawn, doing the laundry, and other chores can be nearly impossible to accomplish by someone that has serious injuries. This insurance will reimburse the costs of hiring people that will help the policyholder do everyday chores.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and money-saving tips, please visit https://compare-autoinsurance.org/.

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Top Ways To Save Money On Car Insurance


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Car insurance is required by law across the United States. Without meeting the state’s minimum requirements, a driver cannot legally drive. Some people may consider car insurance too expensive (and, in fact, it really expensive for some categories of drivers) and decide to drop coverage. This is a huge mistake, which can have really unpleasant consequences. The alternative is to make premiums cheaper. Check the next ways to reduce insurance costs:


  • Maintain a clean driving record. Although this may seem obvious, being a safe driver is the best way to keep premiums under control. Furthermore, being a safe driver and staying with the same driver for a number of consecutive years will grant driver access to some discounts and bonuses. Avoid traffic violations, like speeding, ignoring signs and red light or DUI/DWI. Accumulating too many traffic violations may determine the insurer to cancel current and future bonuses.
  • Be honest when declaring the main driver. Some people lie when applying for car insurance and assign a more experienced person as the main driver. This is called “fronting” and it is considered a fraud. If this is discovered (usually after a claim), the insurance company will decline the claim and will begin a thorough investigation. The fraud will be recorded and any insurance company will know who they are dealing with.
  • Do not borrow the car to inexperienced drivers. Even if his relatives or friends ask it, if they are horrible drivers, the policyholder should respectfully decline. If those persons commit or get involved in an accident, the insurer will investigate the case and the policyholder will be held responsible.
  • Pay the premiums in advance. Paying-in-full is a smart way to reduce insurance costs. As advertised by many online forms, paying everything in advance can save the policyholder as much as 15%.
  • Avoid filing claims for minor accidents. It is not recommended to bother the insurer for just a few scratches or dents which can be easily repaired and will cost little. Compare the repair costs with the existing deductibles.
  • Park the car in a safe location. The place where the car is usually parked is very relevant for insurance companies. They correlate the location with the chances of being stolen or vandalized. When filling online questionnaires users may be asked if the car is kept at the specified ZIP or in another location. The best place to park a car is in a personal garage. The second best place is in a well-lit parking lot. Companies offer better premiums to those who park their cars in any of those 2 locations.
  • Maintain a good credit score or improve it. When filling online questionnaires, one of the most common questions is related to credit score standing. Naturally, people with Excellent status will get better prices. Improving the credit score is possible, but requires financial counseling from experts. Some strategies may imply using balance transfer credit cards or short term loans.
  • Enroll and graduate defensive driving courses. Insurance companies appreciate and reward safe drivers. People who voluntarily enrolled in defensive driving coursed and graduated them will get a discount. Furthermore, graduating courses will help drivers keep premiums low, by offsetting some future license points.
  • Collaborate with a good insurance agent. Establishing a good professional relationship with an insurance agent will help drivers be updated with the latest offers and discounts. The agent will represent the client when he files a claim or for other procedures.
  • Use online car insurance quotes. Online quotes will help drivers compare rates with multiple insurance providers. They will also help drivers customize coverage options and create a coverage plan suitable for the driver’s needs and financial possibilities.


Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and money-saving tips, please visit https://compare-autoinsurance.org/.

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ClaimVantage Announces Addition of Massachusetts PFML Regulations to Absence Management Solution


ClaimVantage adds Massachusetts PFML Regulations to Absence Management Solutions

Once Massachusetts PFML takes effect on January 1, 2021, the solution will handle the new PFML regulations when determining employee eligibility and benefit calculations

ClaimVantage, an international provider of life, health, and absence management solutions, today announced that in addition to managing all existing unpaid and paid federal and state family and medical leave laws, its Absence software is ready to support the administration of Massachusetts Paid Family Medical Leave (PFML).

With Massachusetts PFML going into effect January 1, 2021, ClaimVantage will provide insurance carriers, Third-Party Administrators (TPAs), and employers with substantial lead time ensuring they are fully prepared to effectively manage the new state-mandated paid leave program. Having rolled out a similar strategy for Washington PFML and other state-paid leaves, ClaimVantage is providing the market with leading absence management and IDAM solutions to drive business development and growth, while ensuring regulatory compliance.

“With five states paying benefits as of January 1, 2020, and three more states rolling out new PFL and PFML programs over the next few years, we are continually updating our Absence Management Solution to support new legislation, giving our customers less to worry about,” said Monique Bouffard, Head of Product at ClaimVantage “With three annual releases, we’re delighted to be able to offer the market an evolving cloud-based platform to maintain regulatory compliance.”

Once Massachusetts PFML takes effect on January 1, 2021, the solution will handle the new PFML regulations when determining employee eligibility and benefit calculations. The built-in rules engine automatically determines employee eligibility based on the criteria specified by the law. For example, it considers the state where they are employed, the reasons for the leave, and the duration requested. In addition to managing state and federal leave laws, company-specific paid and unpaid leaves can also be managed on the central Absence Management platform.

To learn more about ClaimVantage’s Absence Management Solution, used by five Fortune 500 companies, visit claimvantage.com/absence-management/.

About ClaimVantage

ClaimVantage offers industry-leading life, health, and absence claim management software solutions for insurance carriers, Third-Party Administrators (TPAs), and large employers. ClaimVantage provides cloud-based, automated claims processing solutions that drive efficiency, accuracy, and productivity, helping its customers to deliver superior customer service.

With its North American headquarters in Portland, Maine, and European headquarters in Dublin, Ireland, ClaimVantage also has teams in EMEA and APAC.

For more information about ClaimVantage, visit claimvantage.com.

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