CHICAGO (PRWEB)
January 12, 2021

Clearcover, the smarter car insurance choice, has been honored with a Glassdoor Employees’ Choice Award in the U.S. small and medium company category, recognizing the Best Places to Work in 2021. The Employees’ Choice Award, now in its 13th year, is based solely on the input of employees, who elect to provide anonymous feedback by completing a company review about their job, work environment and employer on Glassdoor, the worldwide leader on insights about jobs and companies.

“We’re thrilled to be recognized by Glassdoor as one of the best places to work in 2021,” said Kyle Nakatsuji, CEO and co-founder of Clearcover. “I’m incredibly proud of the strong culture we’ve built here and how we continue to become a better company every day. We’re excited to enter this new year with this prestigious recognition and look forward to the future.”

“COVID-19 is in the driver’s seat and every employer has been impacted. This year’s winning employers have proven, according to employees, that even during extraordinary times, they’ll rise to the challenge to support their people,” said Christian Sutherland-Wong, Glassdoor chief executive officer. “A mission-driven culture, transparent leadership and career opportunities are always hallmarks of Best Places to Work winners. This year, we also see exceptional employers who have prioritized the health, safety and well-being of their employees. My congratulations go to all of this year’s outstanding Employees’ Choice Award winners.”

On Glassdoor, current and former employees voluntarily and anonymously share insights and opinions about their work environments by sharing a company review, designed to capture a genuine and authentic inside look at what a specific job may be like at a particular company. When sharing a company review on Glassdoor, employees are asked to rate their satisfaction with the company overall, and key workplace factors like career opportunities, compensation and benefits, culture and values, senior management and work/life balance. In addition, employees are asked to describe the best reasons to work at their companies as well as any downsides.

Glassdoor’s Best Places to Work were determined using company reviews shared by U.S.-based employees between October 22, 2019 and October 19, 2020. To be considered for the U.S. small and medium company category, a company must have had fewer than 1,000 employees and have received at least 30 ratings across each of the eight workplace attributes (overall company rating, career opportunities, compensation and benefits, culture and values, senior management, work-life balance, recommend to a friend and six-month business outlook) from U.S.-based employees during the period of eligibility. The final list is compiled using Glassdoor’s proprietary algorithm, led by its Economic Research Team, and takes into account quantity, quality and consistency of reviews. Complete awards methodology can be found here: https://www.glassdoor.com/Award/index.htm

For the complete list of the Glassdoor Best Places to Work winners in 2021, please visit: https://www.glassdoor.com/Award/Best-Small-and-Medium-Companies-to-Work-For-LST_KQ0,43.htm

About Clearcover

Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s customer-first, service-focused model powered by advanced technology delivers a convenient, reliable, and affordable experience. Built for today’s driver, Clearcover takes the guesswork out of car insurance, making it easy to save money, get insured, and get serviced on the go. Learn more at https://clearcover.com/ and keep in touch at @clearcover or visit https://www.facebook.com/Clearcoverinc/.

About Glassdoor

Glassdoor combines all the latest jobs with millions of reviews and insights to make it easy for people everywhere to find a job and company they love. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like employer branding and employee insights products. Launched in 2008, Glassdoor now has reviews and insights for more than 1.3 million companies located in more than 190 countries. For more information, visit glassdoor.com.

Copyright © 2008-2020, Glassdoor, Inc. “Glassdoor” and logo are proprietary trademarks of Glassdoor, Inc.

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“Purchasing car insurance online can help drivers save time and money. Besides that, drivers won’t have to deal with pushy insurance agents that will do anything to sell a policy”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
January 12, 2021

The internet has revolutionized the ways people shop for products and services. With the help of the internet, drivers can purchase car insurance extremely fast. Driving from one insurance agency to another in order to obtain better insurance deals is no longer needed.

Drivers that choose to purchase online car insurance, can enjoy the following benefits.

• 
  Purchasing car insurance online can save time. Back in the days, drivers had to travel from one insurance agency to another to obtain insurance offers. It could have taken several hours to drive to one insurance agency and analyze its insurance offers. To obtain several offers from different insurance agencies, drivers usually wasted several days. Today, drivers can obtain multiple insurance quotes in several minutes with the help of brokerage websites.
• Shopping online can help avoid manipulative agents. Insurance agents are salesmen that are paid to sell as many insurance policies as possible. All insurance agents will tell that they offer the best insurance deals and searching for other deals is a waste of time. Drivers that choose to shop online, will avoid dealing with agents that try to put pressure on them in order to make a sale.
• Obtain a discount. To encourage people to shop online insurance policies, insurance providers offer small discounts for drivers that obtain online quotes or choose to purchase online coverage.
• Online shopping can provide fast answers. Policyholders can easily find more information about different types of plans, policies, deductibles, terms platform.
• Quotes are free. Policyholders don’t have to pay a middleman to obtain price estimates.
• Policyholders will be covered fast. The driver is immediately insured after the purchase is finalized. The policyholder will receive a digital copy of proof of car insurance. He can then print it on paper, or save it on any mobile device he has. In this way, he eliminates the risk of being caught without insurance. In many states, digital proof of insurance is a valid method to prove a driver is insured.

For additional info, money-saving tips, and free car insurance quotes, visit https://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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“Adding an industry veteran like Scott is another example of our commitment to building teams of experts to support clients across industries,” said Henry Lombardi, executive vice president and head of NFP’s P&C division.

NEW YORK (PRWEB)
January 12, 2021

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement and individual solutions, today announced that Scott Saddington has joined NFP in Canada as a senior vice president, financial lines.

Saddington joins NFP with over 28 years of industry experience. His expertise includes due diligence, negotiation and placement of directors and officers insurance, cyber liability, errors and omissions insurance, kidnap and ransom, employment practices liability, and fiduciary liability risk transfer insurance for large and complex risks. Saddington’s global financial lines experience across a range of industries, as well as his mergers and acquisitions, tax indemnity and capital risk exposure placement success has made him a valued advisor in creating tailored solutions for his clients.

“Adding an industry veteran like Scott is another example of our commitment to building teams of experts to support clients across industries,” said Henry Lombardi, executive vice president and head of NFP’s P&C division. “We understand the value of investing in specialty talent to address the unique and complex needs that companies — including financial institutions — face in this dynamic world. We look forward to utilizing his industry knowledge and experience to help clients overcome significant challenges.”

“I’m excited to join NFP and play an active role in driving growth across Canada,” said Saddington. “NFP is focused on expanding capabilities to help clients solve problems and seize opportunities and I’m looking forward to contributing to these efforts.”

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,800 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

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Most insurance companies don’t use a lot of data to create their products. They rely on demographic information that is 40 years old, and older.

Insurance is an essential safety net but often the industry relies on outdated legacy business models and systems some based off of mortality tables that were developed in 1971 and 1984.

LOUISVILLE, Ky. (PRWEB)
January 12, 2021

There are many things that have changed since the 1970s and ’80s but the way insurance companies evaluate and determine the coverage consumers get isn’t one of them. Paul Ford, co-founder and CEO of Traffk, says that insurance companies could face insolvency if they don’t modernize their practices. “Most insurance companies don’t use a lot of data to create their products. They rely on demographic information that is 40 years old, and older. They are struggling to price policies correctly and many will miss out on huge financial opportunities because of this.”

Insurance is an essential safety net but often the industry relies on outdated legacy business models and systems some based off of mortality tables that were developed in 1971 and 1984.(1) At the same time, industry leaders have refused to embrace technology so much so that now insurance companies rank outdated technology as the greatest threat to their business.(2) According to a McKinsey report, nine of out 10 insurance companies identified legacy software and infrastructure as barriers of digitization.(3)

The current status of the insurance industry is broken and antiquated with many not using cloud-based technology but instead relying on the mentality of, “it’s worked for 100 years so why fix it.” This became even more evident during the COVID-19 pandemic when many consumers, quarantined at home, turned to digital channels to find solutions to their insurance needs but found a lack of high digital adoption. This doesn’t just prevent companies from gaining new clients but also alienates existing ones as consumers who encounter problems in their digital interactions tend to give their insurance provider lower loyalty scores.(4)

As the current landscape shows us, insurance companies who embrace technology will be the ones who succeed in the future. Insure-tech companies—like Traffk—can help companies price products more competitively, create products that consumers want and improve the insurance-buying process making it easier for both the client and the agent.

Most insurance companies analyze dozens of different variables to arrive at their numbers, based on outdated actuarial data. Traffk’s cloud-based AI assisted software can process 20 years’ worth of mortality, demographic, health and government trends resulting in a totally different, more dynamic algorithm—in fact, they look at thousands of variables simultaneously. With more data comes the need for new and better ways to analyze and process it. To get the most out of the plethora of data, insurance companies need to have a robust data management plan in place.(5) A Data Science-as-a-Service (DSaaS) platform can help insurance companies more precisely determine risk, create better, more appropriate products for their clients and improve customer experiences. This enhanced data can also help insurance companies price products more accurately, be able to understand the demographics of who is ready to buy and get the right risk on their books—making them more profitable in the end.

Data can also help create better products that people need. Traditionally, insurance companies create new products based on already existing ones. Traffk’s model, which can work with any insurance carrier, incorporates agents’ input. After developing products based on demographic and risk data, Traffk invites agents to help curate and design products ensuring that it is something policyholders need.

In a digital world, data, and the ability to fully analyze it, is critical to insurers’ survival. The businesses that will succeed will be the ones who can quickly analyze and adapt to data to make better business decisions and serve their customers better and faster.(6) “Correct data used the right way is essential to a business’ survival,” said Ford. “But agents will not be left out of the equation. They develop relationships and build personal networks—an agent serves as a place of trust. The startups who are doing this can compete and best traditional insurance carriers. The future of insurance is a hybrid where consumers can choose a digital experience or traditional and move between the two.”

About Traffk

Traffk is an innovative insurance underwriting and distribution platform designed to build and launch modern insurance products and brands that scale. With more than 25 years combined leadership in insurance and AI, Paul Ford and Glenn Hibler co-founded Traffk as a solution to the problems of inefficient, assumption-based underwriting and slow processing in the insurance industry. Traffk’s goal from the start has been to comprehend the risks and modernize the insurance underwriting process by leveraging modern-day tools. Traffk enables risk bearers to leverage the underwriting process with its data-enrichment technology and integrates and analyzes data to glean insights pertinent to insurance. Traffk works with agents as partners, providing them with the digital tools to work with an efficient sales process and engage consumers with a fast, accurate process for insurance policies, changing the insurance landscape for the better, forever. Visit https://www.traffk.com/.

1. “Growing Number of Lawsuits Claim ‘Old’ Mortality Tables Deprive Participants of Benefits – An Update.” | 6 June 2019; Groom Benefits Brief; groom.com/resources/growing-number-of-lawsuits-claim-old-mortality-tables-deprive-participants-of-benefits-an-update

2. Hilton, Andrew, “Insurance Banana Skins 2019: The CSFI survey of the risks facing insurers.” | 12 September 2019; Center for the Study of Financial Innovation; static1.squarespace.com/static/

3. “Insurance Technologies: 13 Disruptive Ideas to Change Insurance Companies with Telematics, Blockchain, Machine Learning, and APIs.” | 27 September 2020; Altexsoft, altexsoft.com/blog/insurance-technologies

4. Naujoks, Henrik, Singh, Harshveer, Goosseens, Camille, and Schwedel, Andrew, “A Digital Reckoning for Insurance Companies.” | 14 September 2020; Bain & Company Brief; bain.com/insights/a-digital-reckoning-for-insurance-companies

5. Yohn, Andy, “Top 5 challenges facing the insurance industry.” | 23 December 2020; InsurTech Center; propertycasualty360.com/2020/12/23/top-5-challenges-facing-the-insurance-industry

6. Katz, Ori, “Explainablity: The Next Frontier for Artificial Intelligence in Insurance and Banking.” | 6 January 2021; Unite.AI; unite.ai/explainability-the-next-frontier-for-artificial-intelligence-in-insurance-and-banking

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“Welcoming Evan and Joe is an exciting way to start the year and we look forward to their contributions to the development of our specialty business,” said Henry Lombardi, executive vice president and head of NFP’s P&C division.

NEW YORK (PRWEB)
January 12, 2021

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement and individual solutions, today announced that Evan Garner and Joe Seeger have joined the company as managing directors. Garner and Seeger will lead the newly formed Complex Risk Solutions (CRS) Group in Canada, which provides companies in the forestry, mining, oil and gas, power and utilities, renewable energy and transportation industries with solutions to mitigate a variety of risks, including those involving management liability, risk engineering, analytics and captives, to complement traditional P&C solutions.

Garner joins NFP with over 15 years of risk management experience across a variety of industries, including rail, heavy manufacturing, retail and real estate. Seeger brings over 25 years of natural resources experience, including insurance program oversight, claims management, enterprise risk management program development, and captive implementation and utilization. In these new roles, Garner and Seeger will work together to accelerate NFP’s efforts to establish a market-leading CRS Group in Canada.

“Our focus remains on growing our specialty business and providing the specialized insight and market access clients need,” said Henry Lombardi, executive vice president and head of NFP’s P&C division. “Welcoming Evan and Joe is an exciting way to start the year and we look forward to their contributions to the development of our specialty business.”

“I am excited to be joining NFP and to be part of their growing specialty business,” said Garner. “Now, more than ever, clients require differentiation in the marketplace. It is only through specialized expertise that organizations will effectively navigate the current risk landscape. I look forward to being at a company and on a team that has the commitment and resources required to deliver this value to clients.”

“I’m thrilled to join a company that is so committed to developing the specialized expertise clients need, especially in industries that are critical to the Canadian economy,” said Seeger. “NFP is a dynamic organization with the focus and resources essential to growth. I look forward to building something special as part of the team.”

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,800 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

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