Category Archives: Business

Press Releases from the Business World. Announcements, Product releases, Appointments.

Business: Executives

Jason Drucker Joins Foureyes® as Chief Operating Officer

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Jason Drucker joins Foureyes as COO


PORTLAND, Ore. (PRWEB)

Foureyes, the sales intelligence software company, announced that veteran technology executive Jason Drucker has joined the staff as Chief Operating Officer (COO). Previously, Drucker was the Chief Revenue Officer of Zoom+ Care and President of ShiftWise where he demonstrated a consistent track record of developing and executing strategic direction to exceed the expectations of customers, employees, and investors.

In his role as COO of Foureyes, Drucker oversees all customer experience departments, including product, data science, marketing, and revenue. “Bringing compelling applications to market that deliver real value to customers is an unbelievably rewarding process,” says Drucker. “Getting to do that at Foureyes, a company that has already established its value in the marketplace, is an absolute pleasure. I look forward to helping Foureyes achieve the next stage in our continued expansion.”

Known for its patented user-level data collection technology, Foureyes recently expanded to four product modules that enable businesses to power sales success. Typically, businesses focus on driving more leads with marketing efforts. By contrast, Foureyes supports the conversion activities and the people who are ultimately responsible to make the sale. Today, Foureyes sales intelligence software runs for thousands of businesses and the customer data informs the sales and marketing decisions of major automotive manufacturers.

“What I found most compelling about Foureyes was the passion it engenders, from customers and employees alike,” Drucker says. “It’s the kind of product that the market is waiting to fall in love with.”

CEO, David Steinberg shares Drucker’s optimistic outlook. “The Foureyes team is incredibly enthusiastic about Jason, his rubric for accountability, and attention to structure. Personally, I can’t wait to work together to further grow and expand Foureyes.”

Harnessing millions of data points to create actionable insights, Foureyes improves efficiency and sales outcomes for businesses of all sizes. Businesses can learn more about Foureyes by scheduling a demo or contacting Foureyes at (971) 352-3494.

About Foureyes

Foureyes sales intelligence software helps businesses track, protect, engage, and sell better. For more information, visit https://www.foureyes.io.

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Business: Insurance

New Analysis of FEMA Data Demonstrates How the NFIP Subsidizes the Wealthy

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WASHINGTON (PRWEB)

Craig Poulton, chief executive officer of Poulton Associates, LLC, presented a new report today on Capitol Hill providing analysis of NFIP data. It definitively shows that the country’s wealthy coastal homeowners are in fact benefiting the most from the National Flood Insurance Program – at the expense of lower income homeowners and taxpayers.

Poulton presented the report, “Beneath the Surface: Analysis of NFIP Data Demonstrates the Need for More Equitable Rates,” during a panel discussion with public policy experts R.J. Lehmann of R Street and Steve Ellis of the Taxpayers for Common Sense at a Congressional briefing open to lawmakers, regulators, congressional staffers and more. Sponsored by Poulton Associates, the comprehensive research and analysis was conducted by HazardHub, a leader in dissecting and simplifying geospatial digital data.

“We are pleased to have sponsored this definitive study, which should put to rest any debate as to the disparity in the benefits realized by the high and low-income groups participating in the NFIP. The analysis determines that the NFIP serves to benefit the wealthy far more than the ordinary citizen,” said Poulton. “It is our hope that these findings will support the efforts of the NFIP and Congress to achieve more equitable outcomes for flood insurance buyers of all income levels, as well as the taxpayers who have been funding a program that has cost them more than $40 billion.”

Commissioned to determine who benefits the most from the federal flood program, HazardHub’s analysis demonstrated that the NFIP provides a substantial subsidy to upper-income groups. Loss ratios are also higher in areas where development in high risk locations has been encouraged by unsustainable subsidized flood insurance rates. Key findings include:


  • The top three income groups (household income over $106,000) studied accounted for roughly 48 percent of total NFIP claims, while the three lowest groups accounted for just 15.5 percent.

  • The census tracts containing the lowest third of the per-capita income group has paid proportionately higher premiums than the upper two per-capita income groups in every year of the nine years examined.

  • Despite a mandate in the Biggert-Waters Act to raise rates, average NFIP rates have gone down over the last five years, primarily to the benefit of wealthy homeowners.


For the study, HazardHub conducted a detailed analysis of NFIP data from the Federal Emergency Management Administration on policies and claims from 2010-2018. Researchers explored cost, benefits, income groups and geographic distributions.

“To our knowledge, no one has ever normalized the NFIP data to the extent that was necessary to create this report,” said Brady Foust, chief science officer of HazardHub. “The data can be difficult to decipher, but when examined closely by our team, it pointed clearly to the fact that the NFIP represents a substantial subsidy to upper-income level groups.”

Poulton Associates administers the Natural Catastrophe Insurance Program, the country’s largest private flood insurance program. NCIP is a leading private alternative to the NFIP.

“The truth is taxpayers have paid $.59 of every claim dollar paid for losses reported by the NFIP,” Poulton told briefing attendees. “You just need to look at the NFIP’s total losses as of 2018 of $66.5 billion and factor in the $39 million the NFIP has borrowed over that same time from taxpayers, to come to that conclusion. That is the definition of unsustainable.”

For the full report, visit http://www.FairFlood.com.

About Poulton Associates, LLC.

Poulton Associates, Inc. is a Utah-based managing general agent and insurance brokerage with expertise in property and casualty insurance. As administrator of the Natural Catastrophe Insurance Program, they make the program available to insurance professionals in all 50 states at http://www.CATcoverage.com. Follow Poulton on Twitter @NCIPtweets.

About HazardHub

HazardHub is the only third-generation provider of property-level hazard risk databases. Their team of scientists translates huge amounts of geospatial digital data into easy-to-understand answers, providing risk assessments that can be used to make real-world decisions. HazardHub provides comprehensive, national coverage for risks that destroy and damage property, including perils from air (wind, hail, tornado, lightning), water (flood, coastal storm surge), earth (earthquake, brownfield, Superfund) and fire (wildfire and fire protection.) Follow HazardHub on Twitter @HazardHubUSA.

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Business: Executives

Tecta America Announces New President of F.J.A Christiansen Roofing, Co., A Tecta America Company

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“I have the utmost confidence that Don is ready for the challenge and will do a great job.” – Rob McNamara, F.J.A. Christiansen, Chairman.


ROSEMONT, Ill. (PRWEB)

Tecta America, the nation’s premier commercial roofing contractor, is proud to announce Donald Walter will assume the position of Operating Unit President of F.J.A. Christiansen Roofing Co., Inc. in Milwaukee, Wisconsin as of April 1, 2020. He became a Vice President in 2017 and has been a critical member of the management team involved with all areas of the business.

Don has approximately 14 years of roofing industry experience with F.J.A. Christiansen, along with earlier construction industry experience with a custom skylight manufacturer. Since joining Christiansen in 2007, Don has grown quickly in responsibility and has been a team leader in sales, estimating, and project management.

Earning his Bachelor of Science in Architecture from the University of Wisconsin – Milwaukee in 2000, Don has also completed a variety of Tecta training programs, including BLT and Leadership.

“I have the utmost confidence that Don is ready for the challenge and will do a great job.” – Rob McNamara, F.J.A. Christiansen, Chairman.

Don will be taking over the position from Rob McNamara, long time president of F.J.A. Christiansen Roofing. Rob will remain with Tecta as he continues to lead its vendor relations and provide additional operational assistance across the company. He also will remain with Christiansen as Chairman until December 31 and will assist Don’s transition into his new role.

“This is a win-win for Tecta. We are excited to have Don in his new role at Christiansen, and look forward to Rob’s continued contributions to Tecta in our growing national operations,” said Mark Santacrose, CEO.

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Business: Insurance

Alder Home Security Selects PX to Centralize Customer Acquisition Efforts

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NEW YORK (PRWEB)

PX, the leading platform for customer acquisition, today announced an agreement with Alder Holdings, LLC to centralize Alder’s customer acquisition activity and online publisher relationships through the PX platform. Alder will utilize PX Private Marketplaces to purchase leads and calls, to create efficiencies, and strategically grow their customer base.

Under the agreement, PX Private Marketplaces will allow Alder to maintain its relationships with all of their online publishers, including email and comparison review partners, and manage those campaigns in one place, the PX platform. Alder will use PX and its tools, addressing their need to proactively price acquisition campaigns so that they consistently meet Alder’s cost-per-acquisition targets.

“We’re excited that a leading innovative partner like Alder, who has seen the tremendous benefits of our platform, has chosen to double-down on our ability to help them find new customers,” said Bas Offers, co-founder and COO at PX. “Establishing Private Marketplaces is an important part of our goal to transform the entire customer acquisition industry with efficiency, transparency and trust. This agreement is another strong validation of that mission.”

Today, Alder buys leads through the PX Open Exchange, which brings hundreds of customer acquisition marketers and publishers together in a programmatic marketplace. Alder also maintains relationships with more than a dozen other publisher sources to find new customers. By centralizing their activity through PX, Alder will have a single, consistent lens to measure performance, plus on-demand tools to optimize and build scale, without replacing sources they already know and trust.

“Over the past year, we’ve been very impressed by the PX technology and how it has enabled us to continually better our performance metrics and reach growth targets,” said Mark Stokes, EVP and General Manager of Inside Sales for Alder Home Security. “The platform and their people continually help us to reach new partners and uncover new opportunities to scale.”

Integration of the Private Marketplaces will begin immediately. As part of the agreement, the two companies will also build out Alder-Branded Campaigns, a third element of the PX platform that focuses on expanding reach to high-intent consumers. Those are scheduled to launch in Q2 2020.

About PX:

PX is the world’s leading marketing technology platform for customer acquisition, providing large brands with the most powerful, efficient, compliant and transparent lead-generation tools on the market. Processing more than 200,000 leads per day, the company brings programmatic performance and optimization to customer acquisition, creating opportunities for marketers to efficiently find customers and for publishers to better monetize their audiences. PX is active in the Financial Services, Insurance, and Home Services industries. It is headquartered in New York City, with offices Panama, The Netherlands, and Ukraine. For more information, visit http://www.px.com.

About Alder:

Alder provides affordable, easily self-installed home security systems that can be customized to match any lifestyle thanks to their totally wireless architecture. No other player is better positioned to expand market share than Alder. Supremely sophisticated in their simplicity, Alder security systems combine the portability, affordability, and convenience of DIY technology with the Total Life Safety of traditional home security. With a business model built-up over 10 years on the principle of putting customers first, and a subscriber base now in excess of 100,000 homes, Alder is the perfect home security system for modern life. For more information, visit http://www.alder.com.

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Business: Executives

Mindshare Announces 2020 Cohort

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TYSONS, Va. (PRWEB)

Mindshare, an exclusive organization designed for CEOs of the most promising high tech companies in the Washington, DC metropolitan area, announces the members of its 2020 class.

Founded in 1997 with the mission to help CEOs build long-term, sustainable companies, Mindshare connects select, handpicked CEOs from some of the area’s hottest emerging companies, ultimately creating growth opportunities, and fostering collaboration in a collegial environment.

Mindshare received more than 100 nominations for 2020, with 46 of those accepted into the final cohort.

The newest Mindshare members will complete a series of classes, taught by notable speakers, on building a business as a CEO. At the conclusion of the program, members with significant attendance and participation will graduate and join a powerful alumni network of more than 1,000 CEOs.

2020 members attended a special welcome event on February 24th at the Capital One Arena, hosted by Ted Leonsis and the Mindshare Board.

The 2020 class members are:

Yossuf Albanawi, Pilleve

Kishan Ananthram, Ionidea

Nick Beavers, Media Cybernetics

Joe Belsterling, MajorClarity

Wayne Bovier, Higher Digital

Rhonda Bray, Rhythm Management Group

Javier Castro, Gravatate

Barb Chan, Koolooks

Lloyd Clark, BlueRidge AI

Ronnie Kwesi Coleman, Meaningful Gigs

Gregory Coleman, Sworkit

Pat Condo, NTENT

Stephanie Cummings, Please Assist Me

Andrew Elliott, RoundlyX

Jamil Evans, Evans & Chambers

Shavini Fernando, OxiWear

Jon Finkelstein, EDGE Workplace

Manu Fontaine, Hushmesh

Todd Frager, Library Systems & Services

Brian Gallagher, ProtectedBy.AI

Cedric George, General Innovations

Erin Hatten, Dupont Circle Solutions

Dan Hill, Alma Philanthropy

Josh Ho, Referral Rock

Nelson Jacobsen, Altavoz Distribution & Entertainment

Piyush Jain, Simpalm/Ducknowl

Neeta Jain, Vibrent Health

Peter Kilpe, CyberWire

Christopher King, We Are Marcus

Pam Krulitz, Optify

Rob Lake, FIVE

Greg Levesque, Strider Technologies

Josh Matthews, Apkudo

Brian McMahon, Bandura Cyber

Danny Olmes, Hellen Systems

Vadim Polikov, Legends of Learning

Josh Rachford, Ideas Workshop

Steve Ressler, Callyo

Neill Sciarrone, Trinity Cyber

Taylor Stein, EngagedMD

Joe Sullivan, Aerial Applications

PJ Taei, Uscreen

Dharmesh Trivedi, DXOutcomes

John Warden, Hememics

Gabby Wong, Franconnect

Alan Worden, Community Data Platforms

The Mindshare Board’s Executive Committee includes Harry Glazer of SPROCKIT; April Young of Hercules Technology Growth Capital, Inc.; Steve Balistreri of Deloitte & Touche, LLP, and Michael Lincoln of Cooley, LLP. Mindshare is supported by a board of industry veterans who are committed to building a strong ecosystem for success.

About Mindshare

Founded in 1997, Mindshare’s mission is to help CEOs from the most promising high-tech emerging growth companies in the Greater Washington Metropolitan region build long-term, sustainable companies by providing mentorship, creating business opportunities and a sense of community, and fostering teamwork in a collegial environment. Year after year, the CEOs who graduate from Mindshare reaffirm its enduring value through continued business opportunities and lasting friendships.

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Business: Insurance

What Are Car Insurance Frauds And How Are They Punished

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“Lying to your insurer and trying to scam the company will backfire with unpleasant consequences”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Each year, billions of dollars are lost due to car insurance frauds. To compensate for their losses, insurers raise the cost. People caught committing frauds or attempting to commit frauds are severely punished. The exact penalty depends on the type of fraud and its severity. The main types of frauds are:


  • Soft fraud. Also called opportunistic fraud, is a minor offense, in which a person takes advantage of certain situations, and straight-out lie their insurer to gain money or benefits. For example, a person that applies for an insurance policy lies to the insurer to get a better deal. Usually, those persons lie about how much miles they drive each day, where they park and keep their car, who is the primary driver, how the vehicle is used, marital status and college degrees. In other cases, persons that were legitimately injured in accidents will exaggerate their injuries to get more money or additional medical services.

  • Hard fraud. Hard fraud is a serious offense that involves actual damage taking place. Deliberately causing an accident, setting up your car on fire, claiming your car was stolen while you hide it, cause millions of dollars to be lost by insurance companies every year. These losses will be reflected in the higher premiums paid by the customers.

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, free quotes and money-saving tips, please visit https://compare-autoinsurance.org/

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Business: Executives

Hobsons Announces New Chief Financial Officer

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“I am honored to join a talented team who helps over 15 million students achieve academic and career goals. Hobsons is a leader in the market, and I am looking forward to contributing to its continued success.”


ARLINGTON, Va. (PRWEB)

Hobsons, the leader in education technology, announced today the addition of Thomas Laurin to the senior leadership team as Chief Financial Officer.

In his role, Mr. Laurin will contribute to the company’s strategy and lead the company’s financial functions of Accounting, Financial Planning & Analysis and Contracting. He will report directly to Kate Cassino, Chief Executive Officer of Hobsons.

“Tom’s knowledge, experience and leadership will be a valuable addition to Hobsons’ leadership team,” said Ms. Cassino. “His expertise will contribute to Hobsons’ strong financial performance and leading position in the education technology space.”

Mr. Laurin brings 27 years of extensive experience in financial management and operations to Hobsons and joins the company from Genscape, where he was Chief Financial Officer. Prior to that, Tom served in various leadership roles at Thomson Reuters.

Mr. Laurin received his BBA in Accounting from the University of Massachusetts and his MBA from Adelphi University.

“I am honored to join a talented team who helps over 15 million students achieve academic and career goals,” added Mr. Laurin. “Hobsons is a leader in the market, and I am looking forward to contributing to its continued success.”

About Hobsons

A leader in education technology, Hobsons helps more than 15 million students to identify their strengths, explore careers, match to best-fit educational opportunities, create academic plans, and reach their education and life goals. More than 13,000 K-12 and higher education institutions partner with Hobsons and leverage our expertise and our solutions — Naviance, Intersect, and Starfish — to improve college and career readiness, college recruiting and admission, and higher education student success to support millions of students. Learn more at http://www.hobsons.com.

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Business: Insurance

What Events Are Covered By Auto Insurance?

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“Insurance companies are known to provide various insurance policies that can help policyholders overcome any difficult situations they may encounter”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Insurance companies offer various insurance plans that cover specific events. Before signing any insurance contracts, drivers should do a little research and find out what is covered by each insurance plan. By doing so, drivers will be able to customize their insurance policies with the coverages and options they actually need.

The most common insurance policies are:

  • Liability coverage. In many states, this coverage is the minimum required insurance in order to drive legally. This policy has two components: bodily injury liability and property damage liability. Bodily injury liability pays for the medical expenses of the others who were injured by an at-fault policyholder. Property damage liability pays for the repair costs or to replace damaged property by an at-fault policyholder.

  • Personal injury protection. Also known as PIP insurance or no-fault insurance. This policy covers medical expenses for policyholders and their passengers who are hurt in car accidents. Also, this coverage will pay for the funeral expenses, lost wages, child care, house care, and other services a policyholder can’t fulfill anymore.

  • Collision insurance. This policy will pay the costs to repair or to replace a damaged vehicle that was involved in a car accident with another vehicle or a collision with an inanimate object like a tree, fence or pole. Also, collision insurance will pay when a policyholder flips his car or he collides with another vehicle he owns.

  • Comprehensive insurance. It covers events that are not related to collisions. This coverage will pay the costs to replace a stolen vehicle or the damage caused by severe weather events, fire, flood, falling objects, vandalism or rampaging animals.

  • Uninsured/underinsured motorist coverage. Uninsured motorist coverage is a type of coverage that kicks in if a policyholder is hurt or suffers property damage in an accident caused by an uninsured driver. Underinsured coverage will help the policyholders pay their medical bills if they are injured in a car accident caused by a driver that has coverage, but it’s not enough to pay for the medical bills.

  • Roadside assistance. This coverage helps drivers that suffered a mechanical breakdown. Usually, roadside assistance will provide services like battery jump-start, towing to the nearest repair shop, flat tires replacement, or fuel delivery.


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, free quotes and money-saving tips, please visit https://compare-autoinsurance.org/.

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Business: Executives

Global Data Solution Provider Syniti Names Industry and Region Veteran Jules Beck as President Europe & Africa; Clive Bellmore as Chairman

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Syniti, formerly BackOffice Associates

“Under Clive’s leadership, our EUAF market has grown by three-fold. Jules’ first-hand SI experience, proven success in scaling rapid growth, and his extensive knowledge within the SAP ecosystem made him the perfect leader of choice,” says CEO Kevin Campbell.


BOSTON (PRWEB)

Syniti, a global data solution provider, today announced its CEO Kevin Campbell and its Board of Directors have named industry and region veteran Jules Beck as President for its Europe & Africa (EUAF) region, succeeding Clive Bellmore who will assume the post of Chairman for Syniti EUAF. A known leader in the industry, Jules has led rapid growth of several software and services businesses, including Axon Solutions (acquired by HCL Technologies), HP Enterprise Global SAP business (merged with CSC to form DXC Technologies), and most recently ServiceNOW where he served as VP & GM, Customer Outcomes and Professional Services in EMEA.

“I am excited to welcome Jules to Syniti as we enter the second decade in EUAF. Under Clive’s leadership, our EUAF market has grown by three-fold. Jules’ first-hand SI experience, proven success in scaling rapid growth, and his extensive knowledge within the SAP ecosystem made him the perfect leader of choice,” says CEO Kevin Campbell.

Leading the charge for Syniti EUAF, Jules is accountable for all aspects of the business including customer sales and delivery, operational excellence with a focus on driving growth, market leadership along with employee, partner and customer success.

“At the heart of every business’ digital transformation is the business of data. Mastering data and data understanding in context of business has been Syniti’s single focus since its inception. I am thrilled to lead the charge and partner with our customers and partners for the new decade,” says Jules, President, Europe & Africa.

Bill Green, Chairman of the Board, said, “As a region, EUAF has been core to Syniti’s growth. The appointment of Jules as President of EUAF is an accelerator to our next generation of growth in Europe and Africa and further strengthens the global Syniti leadership team.”

A golf and rugby enthusiast, Jules and his family reside in London.

About Syniti

Syniti, formerly BackOffice Associates, was founded to solve business’ complex data challenges, bringing synergy between data and business, delivering confidence and progress along clients’ business transformation journey. Through a combination of unique data expertise, services, and intelligent software leveraging AI and ML, we help clients manage their data journey from data conversion to data quality, data archival and replication, master data management, analytics, information governance, and data strategy.

Headquartered in Boston, MA, Syniti operates in 25 countries around the globe. Syniti is a purpose-driven organization with focus on accelerating global and human progress, one data challenge at a time

SAP resells SAP Advance Data Migration and Information Steward Accelerator by BackOffice Associates, LLC, doing business as Syniti, as SAP Solution Extensions.

http://www.syniti.com

@syniti

@synitidata

Contact:

Zarina Stanford

Zarina.Stanford@syniti.com

+1 214 616 3626

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Business: Insurance

10,000 Baby Boomers Entering Medicare Age—AI Will Combat Resistance

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AI applications are problem-solving for seniors, decreasing patient care error, and vastly improving efficiency plus speed for insurers.


CLEARWATER, Fla. (PRWEB)

10,000 baby boomers age into Medicare health coverage every day, classifying this segment of the health insurance market as the most explosive. Major carriers are expanding their offerings to capture market share, resulting in an estimated 32% increase in the number of Medicare Advantage plan choices over the past year. Within these same markets however, 20 or more options are available, further confusing and overwhelming its target customer— senior beneficiaries.(1) Dave Rich, CEO of an online multi-carrier insurance broker, Ensurem, has developed new AI tools to offset the complexity of the health insurance market giving today’s increasingly convenience-oriented consumer what they actually want—prompt and clear quotes.

“In our specialty,” says Rich, “which is helping seniors and insurers match up to make the right Medicare choices, we sit at the busiest corner of the busiest neighborhood in the entire insurance industry.” Ensurem’s primary goal is to educate its consumers, match customer to product, simplify application, automate underwriting, and instantly produce finished documents. AI applications are problem-solving for seniors, decreasing patient care error, and vastly improving efficiency plus speed for insurers.

In health insurance, AI applications currently fall into two primary categories, cost efficiency and fraud detection. On the cost efficiency front, both insurers and healthcare providers are developing software platforms to recommend healthy habits and behaviors, such as nutrition strategies and exercise plans. Under fraud detection strategies, the development primarily focuses on AI analysis of databases of previously processed claims to isolate and identify possible fraudulent behaviors on the part of current policyholders. (4) Recent applications of artificial intelligence (AI) to insurers’ products and processes, however, have been hailed by industry insiders as showing promise for rapid, significant improvement in critical areas such as risk assessment and customer service. (3)

AI Focuses on the Consumer

While most of these AI applications are still in a fairly early stage of development, the promise they hold is causing the insurance industry to re-examine its attachment to legacy IT systems and outmoded (but still common) procedures such as the manual re-keying of data between systems. (5) As competition for market share increases, Rich notes, the combination of inaccurate data and balky customer service will simply become unsustainable. Speed, clarity, accuracy, and price are areas in the healthcare insurance industry that are in desperate need of improvement. A recent Deloitte study summarized, that insurers gravitate towards developing complicated, difficult-to-understand products based on what they know how to produce, instead of focusing on what today’s seniors need—clarity. (2)    

About Ensurem:

Ensurem, headquartered in Clearwater, FL, is a leading technology and product distribution company serving carriers and consumers within the massive U.S. senior market. The company provides end-to-end solutions for carriers, including product development, digital marketing, and consumer-centric front ends and back end. For more information, please visit Ensurem.com.

1.    Coombs, Bertha, “The 2020 Medicare enrollment season brings fierce competition for baby boomers among insurers,” CNBC, October 16, 2019, cnbc.com/2019/10/16/the-2020-medicare-enrollment-season-brings-fierce-competition-for-baby-boomers-among-insurers.html

2.    “A catalyst for change: How fintech has sparked a revolution in insurance,” Deloitte, 2018, deloitte.com/content/dam/Deloitte/global/Documents/Financial-Services/gx-fsi-cataylst-for-change.pdf.

3.    Mire, Sam, “What’s The Future Of AI In Insurance? 9 Experts Share Their Insights,” Disruptor Daily, September 30, 2019, disruptordaily.com/whats-the-future-of-ai-in-insurance-9-experts-share-their-insights/.

4.    Senaar, Kumba, “Artificial Intelligence in Health Insurance—Current Applications and Trends,” Emerj, December 13, 2019, emerj.com/author/kumba-sennaar/.

5.    Vargas, Nik, “Are Insurance Industry Legacy Systems Really Worth Keeping?”, Switchfast Technologies, March 29, 2017, blog.switchfast.com/are-insurance-industry-legacy-systems-really-worth-keeping.

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