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.

InsureTech Connect and DIA join forces to Showcase Global Insurtech Innovation


ITC + DIA World Tour

Collaboration has always been core to ITC, and in this environment it’s more important than ever to bring the global insurance and insurtech communities together

InsureTech Connect (ITC), the world’s largest insurtech event, and Digital Insurance Agenda (DIA), the leading European insurtech community and conferences, join forces for the very first time to launch the ITC + DIA World Tour.

This digital journey across the globe is part of ITC’s “September to Remember”, a month-long celebration of insurance innovation featuring two brand new virtual events – ITC + DIA World Tour and ITC Global. The World Tour includes over 30 mini events from 1st – 18th of September. Each local event will showcase a different city, country or region, focusing on local thought leadership and the area’s top insurtech startups. World Tour stops will include Australia, UK, Brazil, New York, Israel, Singapore, Silicon Valley, China, Germany, France, Italy, Spain, Austria, UAE, Hong Kong, The Netherlands, Africa, India and many more.

“Collaboration has always been core to ITC, and in this environment it’s more important than ever to bring the global insurance and insurtech communities together” says Jay Weintraub, CEO & Co-Founder of InsureTech Connect. “We have had a longstanding relationship with DIA dating back to the first ITC in 2016 and are excited to be able to join forces with DIA now to unite the global insurtech community.”

“Insurance has been propelled into a new digital future and connecting with others is now more important than ever. The ITC + DIA World Tour will unlock global conversations that never would have been possible in the physical world” says Reggy de Feniks, Co-Founder of DIA. “Right from the start DIA’s mission has been to accelerate innovation in insurance by connecting insurance executives with insurtech leaders from across the globe. Joining forces with ITC to achieve this in a ‘September to Remember’ is yet another milestone.”

To learn more and register for stops on the ITC + DIA World Tour visit: http://www.insuretechconnect.com/worldtour

About InsureTech Connect

InsureTech Connect (ITC) is the world’s largest insurtech event, offering unparalleled access to the largest and most comprehensive gathering of tech entrepreneurs, investors, and insurance industry executives from across the globe. Founded by Jay Weintraub and Caribou Honig, ITC has been attended by over 25,000 people from 65+ countries. InsureTech Connect Digital will be held September 1 – 23, 2020 & InsureTech Connect Asia will be held February 2-4 2021.

For more information, please visit http://www.insuretechconnect.com.

About DIA – Digital Insurance Agenda

Digital Insurance Agenda (DIA) is the leading community in insurtech and insurance innovation in Europe. Hosted by DIA founders and insurtech influencers Reggy de Feniks and Roger Peverelli, the two iconic annual events, DIA Amsterdam and DIA Munich, are coined the ‘must see’ conferences to get inspired by thought leaders from inside and outside the industry and 50 handpicked insurtechs. The 2020 edition of DIA Amsterdam will take place on 28 and 29 October in the awesome Westergasfabriek venue.

For more information, please visit https://www.digitalinsuranceagenda.com/.

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AssuredPartners Announces Acquisition of Wilson Paves & Associates Insurance Agency, Inc.


AssuredPartners President and COO Tom Riley said, “The operations complement our existing footprint throughout our growing presence in California and we are thrilled to have such a focus in Bakersfield.”

AssuredPartners, Inc. is pleased to announce the acquisition of Wilson Paves & Associates Insurance Agency, Inc. of Bakersfield, CA. The talented team of 12 will be under the operational leadership of Bakersfield Branch Manager Shaun Kelly.

John Ansolabehere of Wilson Paves & Associates Insurance Agency, Inc. said, “Our goal has always centered around our need to educate and service the Bakersfield, California community and throughout the state of California. Through our service model, we strive to educate the community on the best options for their insurance needs.”

“The union between Wilson Paves and AssuredPartners will only continue our commitment to our community. This partnership will allow us to offer the greatest access to carefully selected carriers in order to provide the best level of service, price and coverage,” stated Gary Somers of Wilson Paves.

“We are looking forward to our future with AssuredPartners and the ability to focus and partner with our agency partners that demonstrate a dedication to growth and value building lasting relationships,” said Mike Wilson of Wilson Paves.

AssuredPartners President and COO Tom Riley said, “We are pleased to partner with Wilson Paves & Associates. The operations complement our existing footprint throughout our growing presence in California and we are thrilled to have such a focus in Bakersfield. The common core values both organizations share will be exemplified as we continue to partner together.”

For more information on Wilson Paves & Associates, please visit: http://www.wilsonpaves.com.

ABOUT ASSUREDPARTNERS, INC

Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in England. From its founding in March of 2011, AssuredPartners has grown to over $1.5 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 190 offices in 30 states and England. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dean.curtis@assuredpartners.com, or visit http://www.assuredpartners.com.

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Proformex and Ensight Team Up to Transform Life Insurance Inforce Policy Monitoring


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Proformex will integrate Ensight’s quoting API platform to enhance its intelligent inforce policy monitoring, which provides insurance agents and financial advisors better oversight and visibility into inforce policy contract performance.

Ensight, the leading life and annuity digital sales acceleration platform for insurance carriers, distributors and financial professionals, today announced it has partnered with Proformex, the market-leading inforce management platform. The company will integrate Ensight’s quoting API platform to enhance Proformex’s intelligent inforce policy monitoring, which provides insurance agents and financial advisors better oversight and visibility into inforce policy contract performance.

The partnership is part of Proformex’s strategy to simplify the complexity and challenges of managing inforce business at scale, while providing actionable insights for its customers. Integrating the Ensight Quoting API enables Proformex customers to evaluate potential protection options for their clients during the policy review process without ever leaving the Proformex platform. The result is a solution that saves time and enhances overall policyholder service.

“We’re excited about our partnership with Ensight,” said Mike Pepe, Founder and Chief Strategy Officer of Proformex. “The ability for our customers to access automated product quoting from Ensight directly in the Proformex platform is gamechanging to make policy reviews fast and easy for our customers. This relationship strengthens our mission of being a partner across the life insurance ecosystem while we reimagine how all policies are serviced after they’ve been sold.”

As Best Interest (BI) regulation continues to extend into the life and annuity market, ongoing policy servicing becomes increasingly important to complying with fiduciary standards. Over time, a policy’s death benefit, cash value performance and net surrender value can be negatively impacted by a range of factors. It is increasingly critical that financial professionals monitor a client’s overall policy health and, when necessary, compare the inforce policy against new potential protection options in the marketplace.

Ensight’s life insurance API provides access to the broadest number of life insurance carriers, products and product classes in the U.S. life insurance industry today. The Ensight API supports over 22 leading life carriers, 200 products, and has the ability to quote across product classes (Term, GUL, Whole, IUL, VUL) for a common case design. It is also the only API able to support platform partners seeking to meet the emerging BI requirements.

“Like Ensight, Proformex is a leading insurtech enabler helping transform a critical area of the life insurance policy lifecycle. While we focus on transforming the sales experience, from illustration design to advisor-client discussion at the point of sale, Proformex is enabling customers to securely store, manage and analyze their entire inforce book,” stated Bill Unrue, CEO, Ensight. “We are thrilled to partner with Proformex as they transition the industry from reactive to proactive inforce policy monitoring.”

About Ensight™

Ensight™ is the leading cloud-based insurance sales acceleration platform for more than 500 Life and Annuity distributors, thousands of financial professionals, as well as many of the largest North American insurance carriers. Headquartered in San Diego, California, Ensight helps drive sales growth and productivity, while addressing the entire sales lifecycle experience – from prospect to policyholder, new business to inforce.

To learn more about Ensight at http://www.ensightcloud.com.

About Proformex™

Proformex is the leading inforce management platform offering data aggregation, analytics, and portfolio monitoring for life insurance and annuities. The platform is purpose-built to help advisors, GAs/BGAs, IMOs, financial institutions, settlement companies, and broker-dealers protect their clients’ best interest and ensure regulatory compliance by monitoring individual policy performance, identifying at-risk policies, and uncovering new sales opportunities. Our automated solutions make inforce management more efficient, more profitable, and results in better experiences for policy owners.

To learn more about Proformex at https://www.proformex.com/.

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Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000


President-CEO

“We are humbled and honored to be recognized again on the Inc. 5000 list this year alongside so many amazing companies…”

Inc. magazine today revealed that JB Warranties has been named on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We are humbled and honored to be recognized again on the Inc. 5000 list this year alongside so many amazing companies. It is no small task to demonstrate continued growth at the pace required to be considered for the Inc. 5000 list and all the credit goes to our amazing employees, partners and customers. Congratulations to all of the first-time award winners and well done to those companies that have made multiple appearances on the list.” – Jeff Bohannan, President and CEO

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.

JB Warranties is the premier warranty provider in the Heating Ventilation Air Conditioning (HVAC) and plumbing industries. Our warranties ensure that homeowners are protected from unexpected repair costs when they make the decision to purchase a new heating or air conditioning system for their home. We take care of HVAC contractors and plumbers, as well as homeowners from coast to coast, in all 50 states. Our exceptional customer service and reputation in the industry has allowed us to grow steadily since our founding in 2008, and we are proud to be the Nation’s Leader in extended warranty as a result of our teamwork and dedication to our craft.

CONTACT: Brian Bohannan – 469-642-1124 – Brian@JBWarranties.com

More about Inc. and the Inc. 5000

Methodology

The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.

For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.

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High Definition Vehicle Insurance (HDVI) Accelerates Growth With $16M Series A


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High Definition Vehicle Insurance (HDVI), the next-generation commercial auto insurance business, today announced it has raised $16 million in Series A funding led by 8VC and Munich Re Ventures, with additional participation from Qualcomm Ventures and Autotech Ventures. The company has made tremendous progress since its founding in 2018, and this latest round of funding cements the company’s leadership position in a market in deep need of innovation.

The creation of Chuck Wallace, a co-founder of Esurance, and Reid Spitz, a former VC investor in insurtech and logistics, HDVI is wholly focused on delivering a new commercial insurance solution that helps small and mid-size trucking fleets improve their safety, compliance, and operations. While personal auto insurance has been experiencing the benefits of digitization, commercial trucking insurance has been largely untouched by insurtech. Many factors have added stress to the commercial auto sector, but a lack of integrated telematics data within insurance products has led to skyrocketing prices for fleet operators and unprofitability for carriers. By contrast, HDVI provides fleet operators with an integrated suite of hardware, software, and services as well as a next-generation insurance product that rewards fleets and drivers for operating safely.

“Double-digit increases in insurance costs are now common in commercial trucking, making it tough for many fleets to operate profitably,” said Chuck Wallace, CEO and co-founder, HDVI. “There is a lot of technology and data available that is not being taken advantage of that can help address new risks and changing demands. Demand for our product shows there’s a clear industry need for HDVI’s much better approach, and with our investors’ proven innovation and leadership across the logistics, insurance, and mobility industries, they are the perfect partners to continue to build our company with.”

HDVI will use the funding to scale company growth and expand its product offering to further meet increasing market demand. Specifically, this includes expanding the team, launching into new states, and building additional technology features for agents, fleets, and drivers.

Trucking is a key industry for the US economy, with truck driving jobs being the most common job in 30 out of 50 states. But for insurers, a number of factors including increased mobile phone usage, poor first notice of loss reporting times, and increased jury awards make it difficult to provide fleets with insurance that is both cost-effective and adds additional value. HDVI focuses on arming fleets with a new solution that makes use of high-quality telematics and an integrated suite of software and services to deliver greater protection and service than traditional insurers can offer — at the same or better price.

“Trucking fleets need better insurance coverage and tools that can help prevent incidents from happening in the first place, ” said Jake Medwell, Founding Partner, 8VC. “Taking a technology-driven approach to protection, HDVI empowers fleet owners to gain control over their operations and regain confidence that their business and their employees will remain safe. We have great confidence in this market and that HDVI’s team are the lead innovators.”

“The powerful combination of the HDVI team, investors, and partners helps position HDVI to become a leading provider of commercial trucking services and insurance by transforming the traditional offering and creating unique value and opportunities,” said Amir Kabir, Principal, Munich Re Ventures. “We’re excited to join HDVI on their journey and to help them build on their impressive accomplishments over the past two and a half years.”

Prior to co-founding HDVI, CEO Chuck Wallace co-founded Esurance in 1999 and helped to build the company through the dot-com crash and significant growth for 8 years, with Esurance ultimately being acquired by Allstate for approximately $1 billion in 2011. HDVI co-founder and Head of Operations Reid Spitz was at 8VC, where he was involved with the firm’s insurtech, and freight and logistics tech practices. 8VC was more than happy to continue the relationship with Reid after he decided to pursue entrepreneurship.

About HDVI

HDVI is the next-generation commercial auto insurance business. The company provides commercial fleets with an innovative, flexible insurance product alongside powerful, easy-to-use tools to help them improve safety, compliance, and profitability. HDVI is headquartered in Chicago, Illinois, with additional offices in Greenville, South Carolina and San Francisco, California. For more information, visit http://www.gohdvi.com.

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HashCash to Launch New Employee Benefits Program Covering COVID Insurance


COVID Insurance for Hashcash employees

COVID Insurance for Hashcash employees

The employees are our most valuable assets, and their well-being comes first. Given the present COVID situation, we felt it was of utmost importance to modify our existing health benefits and insurance schemes for the employees.

After enabling long-term remote working for its employees, HashCash Consultants is working on modifying their internal employee benefits policies in the wake of COVID-19. The USA based leading blockchain development company is going to launch a new employee benefits program that will cover a refurbished version of the old health benefits and insurance coverage, putting COVID-19 into the mix along with multiple other aspects concerning the physical and mental health of the employees.

Ever since the pandemic started spreading across the world and with the government initiating lockdown in the US and other countries, HashCash has been prioritizing the health and well-being of the employees above all. It was one of the first companies to announce work from home till 2021 for its employees operating from multiple geographies including, the USA, UAE, Singapore, Australia, and India.

“The employees are our most valuable assets, and their well-being comes first. Given the present COVID situation, we felt it was of utmost importance to modify our existing health benefits and insurance schemes for the employees. It’s been a while since our HR team has been working on it, collaborating with leading healthcare and insurance providers, and formulating futuristic policies. We will soon launch the new employee benefits program that will not only cover the medical insurance and healthcare clauses but other care-giving attributes as well”, commented Raj Chowdhury, CEO, HashCash Consultants.

HashCash Consultants has a global workforce of 1200+ people hailing from the physical office locations as well as the ones engaged with the partnership program in Africa, the UK, and other countries. For each employee to enjoy the benefits of the new program, the company is collaborating with regional insurance and healthcare providers to make the program more flexible.

There have been ongoing changes within the HashCash’s employee policy throughout the pandemic months. The company has been conducting regular psychological counseling, team building, and life coaching sessions keeping the mental health of the employees in mind. According to company sources, the new employee benefits program will include an online doctor on call facility, virtual fitness sessions, nutritionist consultation, and likewise. There will be a significant modification in medical leave and benefits policies. The company has already put into effect the advance salary option, which will be included within the new program as well.


  • About HashCash Consultants:

HashCash is a global software company offering solutions in Blockchain, AI, Big Data, and IoT through its platforms, products & services. HashCash Blockchain products enable enterprises to move assets across borders in real-time for Remittances, Trade Finance, Payment Processing, and more. HashCash runs US-based digital asset exchange, PayBito & Digital asset payment processor, BillBitcoins. HashCash offers crypto exchange solutions, Payment processor software, ICO services, and customized Blockchain use case development. It propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.

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Cognosante Team to Provide Enrollment Assistance as Pennsylvania Moves to a State-Based Insurance Exchange


““PACHC is delighted to partner with Cognosante to continue to play a role in ensuring that more people gain the security of health coverage.”



The Pennsylvania Health Insurance Exchange Authority has awarded a contract to Cognosante, LLC to provide Exchange Assister and Navigator services in support of the Commonwealth’s newly formed state-based health insurance marketplace named Pennie. Under the contract, Cognosante and its teaming partners will provide outreach and no-cost enrollment assistance across Pennsylvania to individuals and families seeking health insurance coverage.

For plan year 2021, Pennsylvania is transitioning from HealthCare.gov to its own state-based health insurance marketplace, Pennie. Pennie aims to improve the accessibility and affordability of individual market health coverage for Pennsylvanians and will be live at the beginning of the 2021 Open Enrollment Period which runs from November 1, 2020 through January 15, 2021.

“This contract is further proof of Cognosante’s steadfast commitment to delivering solutions that help improve access to lower-cost, high-quality health coverage for Americans,” says Michele Kang, Founder and CEO of Cognosante.

With its extensive background supporting HealthCare.gov, and strong project management and technology expertise, Cognosante will lead the team with a focus on the historically hard-to-reach, underserved, and uninsured populations within the Commonwealth using data-driven outreach practices. Cognosante has partnered with four Pennsylvania organizations, including three small, diverse businesses, resulting in a strong delivery team.

The Pennsylvania Association of Community Health Centers (PACHC) – a Centers for Medicare & Medicaid Services (CMS) Navigator grantee since 2013, brings a coordinated, statewide approach, engaging more than 300 health center sites across Pennsylvania who will offer enrollment assistance to consumers in rural and urban communities. PACHC President & CEO, Cheri Rinehart, says in response to the award, “PACHC is delighted to partner with Cognosante to continue to play a role in ensuring that more people gain the security of health coverage. It was important before the pandemic and the health and economic impacts of COVID-19 have made it even more important now.”

DynaVet Solutions, a Service-Disabled Veteran Owned Small Business, will support the team’s program performance reporting and offer objective recommendations for continuous improvement of outreach activities. Latino Connection, a State-certified Minority Business Enterprise, is a strategic communications firm that will bring extensive outreach experience to Pennsylvania’s diverse populations through outreach and enrollment events. Luminous Strategies, also a State-certified Minority Business Enterprise, is a prominent advocacy and public affairs firm that will develop and maintain Exchange Assister training and support enrollment events.

“We are thrilled for this collaboration and what it means for Pennsylvanians in need of enrollment assistance this fall during Open Enrollment,” said Zachary W. Sherman, Executive Director of Pennie. “Cognosante and their trusted partners have proven Exchange Assister experience, with established and diverse networks in communities across the Commonwealth. In a year when so many Pennsylvanians are in need of support and the security health coverage provides, we are pleased to be joining forces with trusted partners who can hit the ground running.”

“We are excited to partner with such a broad range of local experts who understand the uniqueness of Pennsylvania residents’ needs and who fully grasp the importance of state-based healthcare delivery. This diverse team composition positions us well to support Pennsylvania in its transition journey,” said Karen Gage, General Manager of Cognosante’s State Solutions Business Unit.

Individuals seeking primary care and/or information on enrollment assistance are welcome to find their local community health center through the Find a Health Center link on the PACHC website, http://www.pachc.org, or by calling PACHC’s tollfree hotline at 1-866-944-CARE (1-866-944-2273).

About Cognosante

Cognosante provides technology solutions and business process outsourcing to federal, state, and local government health and human services agencies. The company has more than a decade of experience working with states and the Federal government, developing, managing, and executing large, complex health information programs. Its expertise includes Medicaid, Medicare, military and Veterans health, the health insurance marketplace, data standards and analytics, and modular system development and integration. Visit http://www.cognosante.com for more information.

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SIR’s COVID-19 Research Leads to Virtual Conference Announcement


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Though the format will be new and different, we plan on offering the same engaging content and networking opportunities that people have come to expect from SIR events.

The Society of Insurance Research (SIR) recently conducted a survey to learn how the COVID-19 pandemic was impacting business travel, potential conference attendance, staffing, budgets, work from home (WFH) arrangements, professional development, and professional membership plans. We found that most respondents (60%) indicated their companies implemented travel restrictions indefinitely. About 16% indicated their travel restrictions went through the end of year or no date had been set. Only 10% of respondents were comfortable travelling nationally and 73% expected travel budget reductions. When we asked about conference preferences, 54% preferred virtual events.

Given these findings, the Society of Insurance Research (SIR) is happy to announce their 50th Annual Conference Series presented by LexisNexis Risk Solutions on October 1st and October 20th – 22nd will be virtual! Insurance professionals seeking to advance their business and profession through cutting edge research and networking with leaders and influencers are invited and encouraged to attend.

Jen Evert, SIR’s President, said “Though the format will be new and different, we plan on offering the same engaging content, world-class exhibitors and great networking opportunities that people have come to expect from SIR events. We hope this new format will give many more people the opportunity to participate and learn from fellow insurance researchers. It will be a new and interesting way to celebrate SIR’s 50th year!” The theme for this year’s event is “#SIR50 Position Now for Future Success: Gain Insights. Generate Ideas. Grow Influence”. In 10 years, the insurance industry will not look like it does today. Customers expect a new experience that meets them where, when and how they decide. New technology and data are transforming the dynamics of this experience and competitive pressures arising from these changes are forcing carriers to re-examine the foundations of their business models. Who will emerge as a leader in this new future? You can help guide the industry perspective. The SIR provides a forum to our members to exchange ideas and best practices to support key decision-making processes within their respective organizations. We have stood by our members in this mission and supported them over five decades.

Attendees will have the flexibility to participate as much or as little as they desire. Our first day of the conference series will be on October 1st and will focus on COVID-19’s impact and insurer response. Day 2, Oct 20th will highlight personal lines topics. Day 3, Oct 21st will feature life and health insurance. Day 4, focus on commercial lines.

Daily keynotes from AF Group, USAA, Allstate and Fifth Third Bank and many great speakers from American Family, Amerisure, BCBS South Carolina, Bold Penguin, Clearcover, Hippo, Mass Mutual, Prudential, Western and Southern, The Zebra and more!

To accommodate SIR members from across the country, the conference will take place daily 11 AM – 4 PM ET. There will also be plenty of opportunities to network and visit virtual exhibit booths during scheduled coffee breaks and virtual happy hours in addition to many breaks throughout the day. See the agenda for more details!

Top 5 reasons to attend this conference:

1. The theme is compelling, relevant and timely!

2. SIR is a carrier-led association that serves insurance research professionals!

3. No speed dating! Develop real, lasting professional relationships!

4. SIR exhibitors are best in class and provide relevant solutions to advance your business!

5. This is not a fly-by-night event! It’s SIR’s 50th conference and you won’t want to miss it!

Bonus! There’s no travel cost and it’s safe!

To view the full agenda for the SIR Annual Conference please visit the conference website. To register, please click here.

About the Society of Insurance Research (SIR):

The Society of Insurance Research was founded in 1970 to provide a forum for the free exchange of ideas in all areas of insurance research. It has expanded to marketing and planning, as well as research. The Society includes representation from many different organizations; insurance and non-insurance companies, government agencies, institutions of higher education, and trade associations. The individual Members come from equally divergent areas such as actuarial, agency, claims, consumer relations, corporate planning, education, financial planning, government relations, management consulting, information services, marketing and sales, modeling, operations, product development and analysis, reinsurance, risk management, statistical research and underwriting.

If you would like more information, please visit the SIR’s website as well as LinkedIn, Twitter, Facebook and YouTube.

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Virginia’s Flood Insurance Marketplace Expands with New Private Coverage Offerings from Wright National Flood Insurance Services


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Wright National Flood Insurance Services (WNFIS) today announced the introduction of two private flood insurance products to Virginia residential property owners to help address the state’s flood protection needs: Wright Residential Private Flood Insurance Program and Hiscox FloodPlus. The company now offers Hiscox FloodPlus in a dozen states and Wright Residential Private Flood Insurance in four states, with plans to continue expansion throughout the U.S.

“WNFIS’ mission is focused on expanding the flood insurance marketplace with the addition of innovative private flood offerings that are as unique as the homes they were created to cover,” said James R. Watje, Senior Vice President of Wright National Flood Insurance Services. “We are pleased to provide Virginia property owners with the flexibility to custom tailor their flood insurance policy to their specific coverage needs.”

The Wright Residential Private Flood Insurance Program, which was previously launched in Florida, New Jersey and South Carolina, is offered exclusively by Wright’s partner agents and is backed by insurance carriers with AM Best ratings of A- (Excellent) or higher.

Thanks to its use of advanced technology, risk selection and model-based rating methods, the Wright Residential Private Flood Insurance Program can pinpoint risk locations house by house and thereby deliver a highly flexible coverage offering. Other key features of this first-of-its-kind standalone flood insurance include:


  • No waiting period
  • No elevation certificate required
  • Higher dwelling limits
  • Single deductible
  • Automatic replacement cost on both dwelling and personal property
  • Loss of Use, Other Structures, and Building Ordinance coverages
  • Optional Resiliency coverage (rebuilding with flood-resistant materials to decrease the impact of future floods)

Further expanding the flood insurance marketplace in Virginia, Wright will also be offering the Hiscox FloodPlus residential program.

Hiscox FloodPlus meets specific needs in flood coverage by featuring, among other things, higher limits, broader coverage for personal property, and a simpler definition of what constitutes a flood than policies provided by other national flood insurance programs.

With FloodPlus, property owners can choose the standard NFIP level limits, or choose higher value limits for dwelling and contents coverage with flexible deductible options.

Additional Hiscox FloodPlus features include:

  • Coverage for outbuildings (not just detached garages) without reducing overall indemnity
  • Coverage for the dwelling, materials and supplies on or next to the residence premises (not restricted to fixed property)
  • Coverage for trees, shrubs, and plants
  • No stipulation that materials and supplies are within a fully enclosed building
  • Personal Property coverage while anywhere in the world
  • Alternative accommodations

Wright Residential Private Flood Insurance Program and Hiscox FloodPlus are available for owners with dwelling values up to $1 million and $1.25 million, respectively.

To learn more about private flood insurance, find a Wright agent, or become a Wright partner agency, please visit http://www.wrightflood.com.

About Wright National Flood Insurance Services, LLC

Wright National Flood Insurance Services, LLC (WNFIS) provides private flood insurance products in 12 states with plans to continue expansion, building out the flood insurance marketplace. WNFIS offers Wright’s Excess Flood coverage in 42 states and is a Coverholder at Lloyd’s, offering several excess and surplus lines products with AM Best A- (Excellent) rated carriers. Contact Wright National Flood Insurance Services, LLC, at 1-866-373-5663 for more information.

About Hiscox London Market

Hiscox is one of the largest and longest established Lloyd’s syndicates. From flood cover for US homeowners to oil rigs in the Gulf of Mexico, Hiscox offers a dynamic blend of insurance capacity and underwriting experience, whatever the size and complexity of the risk. Syndicate 33 has an A (Excellent) rating from A.M. Best. Hiscox Syndicate 33 and Hiscox Syndicate 3624 also benefit from Lloyd’s own ratings, A (Excellent) from A.M. Best, A+ (Strong) from Standard & Poor’s and AA- (Very Strong) from Fitch.

Questions? Agents in Virginia, please contact Cara Calafiore at

cara.calafiore@weareflood.com or (727) 568-7607

Non-resident Virginia agents, please contact your

Wright Flood Regional Sales Manager or call Flood Marketing at (866) 373-5663

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Why Should Drivers Take Pictures Immediately After An Accident?


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Compare-autoinsurance.org has released a new blog post that explains why it is important to take pictures immediately after an accident and how they can influence car insurance claims.

For more info and free quotes, visit https://compare-autoinsurance.org/why-its-recommended-to-take-pictures-after-a-car-accident

Everyone’s safety is of the utmost importance. Check if everyone is alright and call the ambulance if needed. After making sure that everyone is safe, it is time to document the accident. Taking photos will allow the drivers to gather relevant data about the circumstances of the accident

Taking photos will help drivers:


  • Deal with insurance companies. Being involved in an accident where the other driver is involved, gives you the right to ask for compensation. It is possible that the company of the guilty driver will try to partially blame the victim or refuse to make compensatory payments. In this case, clear photos of the accident can become undeniable evidence that will resolve any dispute. If the company still refuses to pay, talk with a lawyer and provide the photos.
  • Gather crucial info about the circumstances of the accidents. Taking photos of the accident scene, the surrounding area and road conditions will help the authorities determine who and what caused the accident. Specialized criminalists can analyze all details and assemble the bigger picture.
  • Document the injuries. Again, this must be done in order to receive fair compensation. Take photos of injuries, bruises, cuts, burns, lacerations. Make sure to keep all medical receipts.

For more information, money-saving tips and free online quotes, please visit http://compare-autoinsurance.org

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.

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