“Telematics devices can help drivers save money during these difficult times. Safe drivers who are driving fewer miles than average drivers can save up to 50% on their car insurance if they agree to install telematics devices”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
November 17, 2020

Compare-autoinsurance.org has launched a new blog post that presents the advantages and disadvantages of usage-based car insurance programs.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/drivers-can-get-cheaper-car-insurance-if-they-install-telematics/

The COVID-19 pandemic has affected the lives of all Americans. Given the current situation, most Americans are doing their best to save money. Nowadays, more and more drivers are switching to usage-based insurance programs. The surge in popularity for usage-based car insurance policies in this period is not surprising. Drivers who were affected by the current crisis can save money on their car insurance if they switch to a usage-based program.

To find out more about telematics, read the following:

• Many insurance providers are offering discounts for using telematics. Telematics are devices that track the driver’s behavior, allowing the insurance company to provide a customized quote based on the driver’s measured risk factor. Insurers like Allstate or Progressive are offering discounts of at least 5% just for agreeing to install a telematics device. However, drivers who have a very low measured risk factor can get a discount of up to 40% or 50%. Drivers who drive fewer miles than average drivers, or drive outside of busy rush hour traffic, might be considered to have a lower risk factor.
• How telematics work. There are several types of telematics. Some telematics are tracking devices installed by the insurer inside the vehicle. However, most insurance companies are now using an app or a dongle attached to a smartphone. The app uses the phone’s location tracking and other sensors to determine the policyholder’s driving habits. Based on the customized driver profile created by the app, some drivers might have a lower measured risk factor and pay lower insurance premiums.
• Which providers are offering telematics car insurance programs. Most major insurance companies are offering this type of insurance. Progressive is offering Snapshot where a telematics device is used to monitor the times of the day drivers use their cars, any sudden changes in speed, hard braking, and rapid acceleration, and other metrics. Low-risk drivers can save 10-30% with Snapshot. Allstate Drivewise program lets drivers view their last 100 trips and a breakdown of their driving behavior. On average, drivers can save about 10% to 25% using Drivewise. Besides large car insurance providers, some smaller companies or regional insurers are also offering telematics car insurance programs.
• Disadvantages of telematics devices. The first disadvantage is data privacy. Insurance companies can collect data like the places where policyholders go, how often they go there, how long they spend there, and other intimate details. Most providers have detailed data privacy terms attached to each telematics device. However, some providers might sell the collected data to third parties or use it in different ways. The second disadvantage is the difficulty to compare insurance quotes. Insurance providers want to make it as difficult as possible for policyholders to compare insurers and switch. For example, switching from a customized $90 per month plan to an unknown customized plan from another provider might be harder for most policyholders.

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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“This award is a great tribute to our entire team’s creativity, innovation and dedication as problem solvers and partners to businesses.” – Dave Poms, president of Poms & Associates

LOS ANGELES (PRWEB)
November 17, 2020

Poms & Associates, an independent, full-service insurance brokerage and risk management firm, announced today it is the recipient of the Business Intelligence Group’s BIG Award for Business and has been named 2020 Company of the Year. The award recognizes Poms & Associates’ COVID-19 response that is helping businesses reduce or limit risk exposures and decrease insurance premium costs during the pandemic.

“This award is a great tribute to our entire team’s creativity, innovation and dedication as problem solvers and partners to businesses,” said Dave Poms, president of Poms & Associates. “We’ve seen unprecedented changes and challenges this year and we’re proud of our ‘all hands on deck’ approach as a company to help businesses manage and minimize the impacts of COVID-19.”

Poms & Associates’ BIG Award for Business recognizes its ongoing series of 25+ free educational webinars for employers and managers that focuses on COVID-19 issues related to business insurance, risk control and loss prevention. Providing free access to many top business insurance and risk professionals, government agencies including U.S. EPA, law experts and others, the webinars are archived and free to view at the Poms & Associates website. This is the second award for Poms & Associates’ COVID-19 Webinar Series – earlier this year, it won a Silver 2020 International Stevie Award.

The award also recognizes the company’s launch of a suite of four innovative proprietary risk management products that are designed to limit risk exposures and decrease premium costs for businesses. The four new products exemplify Poms & Associates’ out-of-the-box thinking that adds value to its service to customers and achieves greater returns on investment for them.

“Organizations of all sizes are having to adapt to changing regulations, buying behaviors and new revenue cycles, and what is clear to our judges is that some are not only adapting but choosing to re-write the rules and accelerate change,” said Maria Jimenez, chief nominations officer for Business Intelligence Group. “We are so proud to reward each of our winners for setting such an inspirational example for the global business community.”

For more information about Poms & Associates, visit https://pomsassoc.com/.

About Poms & Associates

Poms & Associates is a leading independent, full-service insurance brokerage and risk management firm with a proven track record of providing innovative and customized solutions to businesses in high-risk industries. Founded in 1991, the company was built on the premise that knowledge is the best insurance – that is, the best way to help businesses and organizations is to serve not only as an insurance broker but also as an educator about best practices in how to reduce risk and prevent loss before an incident occurs. Poms & Associates today offers a wide range of products and services, including property and casualty insurance for commercial organizations and public entities, risk control, human resources and employee benefits and private services for high net-worth individuals. Among the top 50 independent brokerage firms in the U.S., Poms & Associates is headquartered in Woodland Hills, Calf. It maintains branch offices in Los Angeles, Sacramento, Calif., the San Francisco Bay Area, Albuquerque, N.M. and Dayton, Ohio. For more information, visit https://pomsassoc.com/.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

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In my 17 years at the company, the question I’ve been asked most often is ‘can you give us as much detail on the carriers as you do on the plan sponsors’. There simply hadn’t been a good way to do that, until now, said Eric Ryles, VP of Customer Solutions.

NEW YORK (PRWEB)
November 17, 2020

Judy Diamond Associates, a division of ALM Information Services, today announced an industry-changing new feature that will be incorporated into its flagship prospecting tool, The American Directory of Group Insurance.

The American Directory of Group Insurance is the premier market intelligence tool for brokers, carriers, and third-party administrators. Today, Judy Diamond unveiled a new feature, detailed Profile Pages of thousands of insurance carriers. These new profile pages will supplement the almost 100,000 employer profiles currently at the heart of the platform.

“In my 17 years at the company, the question I’ve been asked most often is ‘can you give us as much detail on the carriers as you do on the plan sponsors’ “ said Eric Ryles, Vice President of Customer Solutions at ALM. “There simply hadn’t been a good way to do that, until now.” he continued, adding “We used to do expensive, customized, and time-consuming research projects for our clients to compile this kind of information. Now, all of that analysis is available with just a few clicks.”

These new Carrier Profile Pages, which are available only to subscribers of The American Directory of Group Insurance, will reveal market share on a state-by-state and benefit-by-benefit basis. Users will be able to see which brokers are most commonly used by which carriers, and for which types of coverage.

Ryles concludes “These groundbreaking new features coupled with our new, low monthly pricing, make this must-have tool more useful and accessible than ever before”.

Each subscription includes:

• Access to the new Carrier Profile Pages
• JDA’s exclusive Modeled Premiums
• The ability to identify Self-Funded employer groups
• Contact names and email addresses for key plan decision-makers

Each account comes with two complimentary user IDs. For a complete listing of states, prices, and number of records visit https://www.judydiamond.com/products/group-insurance-directory/.

To view the American Directory of Group Insurance tool and receive a demo, visit https://www.judydiamond.com/products/group-insurance-directory/#trial.

About Judy Diamond Associates

ALM’s Judy Diamond Associates is the premier provider of sales, prospecting, and plan analysis tools for the benefits brokers, financial advisors, plan providers, and carriers serving the employee benefits and retirement markets. With a promise for comprehensive and current data, Judy Diamond Associates offers instant access to 5500 plan data and a broad suite of analytical tools to support lead generation, relationship building, market research and plan analysis needs. Judy Diamond Associates’ business is built on a commitment to superb customer service and data integrity.

About ALM

ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions, and events to successfully manage the business of business. ALM serves a community of over 6 million business professionals seeking to discover, connect, and compete in highly complex industries. Please visit http://www.alm.com for more information, and visit http://www.alm.com/events/ to learn about our upcoming events. Please follow us on Twitter @ALMMedia.

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PALO ALTO, Calif. and NEW YORK (PRWEB)
November 17, 2020

Hippo, the high-growth insurtech group that’s transforming home insurance and Kangaroo, a market leader in affordable and easy to use home security, today announced a partnership that will provide customers with more options to safeguard their homes against potential risks, while receiving additional discounts on their home insurance policy. The partnership expands the suite of smart device kits available within Hippo’s expansive smart home program to include a self-monitored smart home security kit from Kangaroo, which has already provided more than $1 million in savings to customers who received its hardware and smart home discounts.

New Hippo Insurance Services customers who enroll in Hippo’s smart home program will be eligible for a home security kit from Kangaroo with their home insurance policy. The self-monitored smart sensors from Kangaroo detect specific issues around a home, which include some of the biggest homeowner concerns that commonly lead to claims, including leak and motion detection. The five-piece Kangaroo security system tailored for Hippo customers will include a siren and keypad, water and climate sensor, motion and entry sensor, “roo” tags and a “24/7 protection” yard sign.

Hippo Insurance customers who activate their Kangaroo home security kit will secure an average annual savings of $64* on their home insurance premium. Customers will also gain access to seamless setup and an active alert system available through the Kangaroo app, supported on all iOS and Android devices.

“Smart sensors and devices have become a more natural part of homeownership and most importantly, home protection, as we’ve seen through the evolution of Hippo’s smart home program over the past three years,” said Yuval Harry, Chief Revenue Officer of Hippo. “Our partnership with Kangaroo offers our customers top-notch smart home devices ensuring they’ll always have the most effective tools, services and insurance policies to keep their homes protected.”

Since Hippo Insurance Services launched its smart home program in 2017, the benefits of its smart home capabilities have helped drive down potential risks and the cost of home insurance premiums for Hippo customers. The inclusion of smart home devices with a home insurance policy enables customers to keep their homes secure, mitigate risks and save on costs associated with potential damages.

“We’re proud of our ability to deliver best in class solutions that take the complexity (and headaches) out of home security,” said Dhruv Garg, Co-founder and President at Kangaroo. “It’s an added bonus when we can work with a smart, game-changing insurtech like Hippo to offer added savings and peace of mind to their customers by showing the true value of our offerings.”

To learn more about the partnership, visit: https://info.heykangaroo.com/hippo#hippo-activation-video

*based on average smart home discount amount for Hippo customers with activated Kangaroo smart home security kits

About Hippo

Hippo is on a mission to transform home insurance for the modern household. The company brings homeowners closer to a modern home insurance experience with an efficient online purchase experience using trusted data sources, a smart home device kit included with eligible policies and more available coverage for possessions like appliances, electronics and home offices. Hippo Insurance Services is part of Hippo’s family of companies that brings together home wellness and home insurance for today’s homeowners. Headquartered in Palo Alto, California, with insurance products available to over 70 percent of homeowners in the U.S., Hippo Insurance Services is a licensed property casualty insurance agent with products underwritten by various insurance companies. For more information, including licensing information, visit http://www.hippo.com.

About Kangaroo

Kangaroo was founded with the mission to make home security accessible to everyone. Kangaroo’s hubless, app-based, DIY home security system is the most comprehensive and easy-to-use solution at its price point, with no compromise on data protection and privacy. Kangaroo products are available at heykangaroo.com, Amazon.com and Lowe’s. Learn more about how Kangaroo is making home security affordable and accessible to all here.

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Our world and the risks we face continue to change at a rapid pace. SIR recognizes that by bringing together thought leaders from all backgrounds, new solutions can be developed through the power of diverse and inclusive teams. Today it is imperative that we join together to meet these challenges.

MINNEAPOLIS (PRWEB)
November 17, 2020

Last month, the Society of Insurance Research (SIR) celebrated its 50th anniversary as a leading organization dedicated to the research profession in the insurance industry. The 4-day virtual annual conference kicked off with a day dedicated to the impact of COVID on P&C, life, and health companies, and how insurance researchers responded to the increased demand for data from the C-suite.

SIR’s annual conference, a flagship benefit to its nearly 1,000 members, included presentations from industry leaders, such as AF Group, USAA, Allstate, Fifth Third Bank, MassMutual and CVS Health, focused on product innovation, direct-to-consumer and agent distribution, digital health, and insure-tech trends.

“I appreciate the opportunity to present to this engaged group of professionals,” said Newman Rochester, Jr., VP of Business Development at Prudential. “As an insurance professional at a company with such a tremendous, long history, a group like SIR helps us get back to our roots and think about how to meet consumers where they are.”

Micheal Myers, SIR’s new Board President and Lead Competitive Intelligence Analyst at USAA, welcomed members to the conference, likening it to a “family reunion,” lamenting that the close-knit group could not meet in-person. He also praised the conference planning committee, and especially its Chair and Board Member, Neelam Paharia, Director of Business Intelligence at Allstate for successfully pivoting the conference to a virtual event with attendance even higher than prior in-person events.

“SIR is a non-profit and we couldn’t do this without our volunteers,” Myers explained. Myers discussed his goals as President and reminded members that “SIR offers members a chance to be involved and learning from peers 365 days a year, not just at the annual conference in October.” Myers announced the new Board slate, which will include a new role starting in 2020 for Vice President of Diversity & Inclusion to be held by Kim Waller, Diversity Solutions Practice Leader at Willis Towers Watson.

“I am excited to serve as SIR’s new Vice President of Diversity and Inclusion,” said Waller of her role. “Our world and the risks we face continue to change at a rapid pace. SIR recognizes that by bringing together thought leaders from all backgrounds, new solutions can be developed through the power of diverse and inclusive teams. Today it is imperative that we join together to meet these challenges. This is an exciting time to be a part of SIR.”

Outgoing SIR President, Jen Evert from American Financial Group, recognized those that made significant contributions to SIR in 2020 with President’s Individual Awards to Adrienne Kreger, American Financial Group, Neelam Paharia, Allstate, Pete Wood, Erie Insurance, Amelia Fitch, American Family Insurance; and Micheal Myers, USAA. The President’s Organizational Award was presented to Jornaya. Competitive Intelligence Call Top Contributor Award to Justin Suter, Corporate Insight and the Hopp/Bud Award went to Lori Schoenenberger from Amerisure.

“I am honored to be SIR’s next President and excited to see what the 2021 Board of Directors can do to enhance the value of SIR membership and increase awareness of our unique offerings, network of professionals, and specialized content for the insurance industry. We’re looking forward to our virtual Spring Workshop in April 2021 so save the date!” added Myers.

SIR’s 2020-2021 Board of Directors:

President – Mike Myers, USAA

Treasurer – Dawn Faint, Florida Blue

Secretary – Chris Rzany, Fidelity Life

VP, Communication & Content Development – Lisa Greenwald, Greenwald Research

VP, Conference – Neelam Paharia, Allstate

VP, Diversity & Inclusion    – Kim Waller, Willis Towers Watson

VP, Education & Educational Outreach – Amelia Fitch, American Family

VP, Marketing – Jaimie Pickles, Jornaya

VP, Membership – Liz Taggart, Safety National

VP, Research – Patrice Nolan, Competiscan

VP, Workshop – Pete Wood, Erie Insurance Group

Director – Ron Zezza, Cigna

Director – Brian Kiley, West Bend Mutual

Director – David Kalinowski, Proactive Worldwide

Director – Austin Tucker, National General Insurance

Continuing Director    – Vickie Kilgore, The Institutes

Immediate Past President – Jennifer Evert, American Financial Group

About SIR

The Society of Insurance Research was created in 1950 as a non-profit, carrier led association to elevate fact-based insurance research and to support the professionals that create and drive these insights. For more information, visit http://www.sirnet.org email info@sirnet.org or follow SIR on LinkedIn, Twitter, and Facebook.

SIR leadership welcomes opportunities to assist journalists and industry news outlets with information and research about P&C, life, commercial, and health insurance. Follow us on social for regular updates and please feel free to reach out to info@sirnet.org with any inquiries.

LOS ANGELES (PRWEB)
November 17, 2020

Poms & Associates, an independent, full-service insurance brokerage and risk management firm, announced today that its founder and president Dave Poms is the recipient of the Business Intelligence Group’s BIG Award for Business and has been named 2020 Executive of the Year. Poms’ award recognizes his leadership in risk management for public entities and his advocacy of protections and safeguards for children in schools and extracurricular activities.

“This award is a fantastic honor,” said Dave Poms, founder and president of Poms & Associates. “It’s a tribute to everyone who’s striving to be a better leader, tackling complex solutions with creative thinking and taking initiative to bring about meaningful, positive change.”

Poms has been a driving force behind the creation of many public entity pools in the western U.S., including the New Mexico Public Schools Insurance Authority (NMPSIA), which helps New Mexico’s school system provide unique coverages that are not commercially available in the insurance market.

Within the past year – and under Poms’ leadership – Poms & Associates achieved a number of major accomplishments, including implementing an innovative risk management program in New Mexico schools that provided active shooter training and the tools for school administrators to make safe decisions and quickly report incidents to authorities. This training led directly to lives saved in shooting incidents in both Roswell and Aztec, N.M. Poms also helped write two school safety legislative bills that define and limit who can be armed in New Mexico’s public schools by requiring certain qualifications before an individual can become an armed security employee.

As the issue of sexual abuse continues to present a serious challenge for the insurance industry, Poms is a vocal advocate for the need for a major cultural change within companies and institutions – one where processes and tools are put in place to improve the safety of young people, and training and education are made central to enabling quick action that protects them when potential issues arise. In 2019, Poms successfully built bipartisan political support in New Mexico for legislation that created a task force to address the issue of child predators in the state’s public schools. The task force serves as a national model for schools in other states.

Poms supports the U.S. Center for SafeSport, a federally authorized nonprofit organization that is working to end all forms of abuse in sports. He also serves on the board of directors for the U.S. Olympic and Paralympic Foundation. In both 2019 and 2020, Poms was named to the San Fernando Valley Business Journal’s “Valley 200” list of the most influential people whose involvement, commitment and contributions help improve the local economy and quality of life. In 2020, Poms was inducted into Insurance Business America’s Hall of Fame for his pioneering career in problem solving for public entities.

About Poms & Associates

Poms & Associates is a leading independent, full-service insurance brokerage and risk management firm with a proven track record of providing innovative and customized solutions to businesses in high-risk industries. Founded in 1991, the company was built on the premise that knowledge is the best insurance – that is, the best way to help businesses and organizations is to serve not only as an insurance broker but also as an educator about best practices in how to reduce risk and prevent loss before an incident occurs. Poms & Associates today offers a wide range of products and services, including property and casualty insurance for commercial organizations and public entities, risk control, human resources and employee benefits and private services for high net-worth individuals. Among the top 50 independent brokerage firms in the U.S., Poms & Associates is headquartered in Woodland Hills, Calf. It maintains branch offices in Los Angeles, Sacramento, Calif., the San Francisco Bay Area, Albuquerque, N.M. and Dayton, Ohio. For more information, visit https://pomsassoc.com/.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

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“Drivers that want to pay less on their insurance premiums should compare online car insurance quotes. Online quotes are easy to obtain and they can be compared really fast”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
November 16, 2020

The economy of the United States is still under pressure, due to recent events and the ongoing pandemic. In these times of need, it is essential to save money, whenever is possible. Drivers can avoid paying extra on car coverage with the help of car insurance quotes.

To obtain and compare car insurance quotes, drivers should follow the next tips:

• Car insurance quotes can be obtained in several ways. The oldest method used by drivers to obtain car insurance quotes is by going from one insurance company to another and talk face to face with an insurance agent. Another method of obtaining car quotes is by phone calling different insurance agents. The most recent and most convenient method of obtaining car insurance quotes is by visiting different car insurance websites.
• Online car insurance quotes have multiple benefits. Car owners can choose to get online quotes from car insurance companies’ sites or from brokerage websites. Drivers that choose to obtain quotes from the insurer’s websites will only obtain one quote from each company and will have to waste time by filling in numerous forms in order to get several quotes to compare. Brokerage websites, on the other hand, have the advantage of offering multiple insurance quotes from multiple insurance companies simultaneously. Drivers will also have to fill in just one questionnaire.
• To obtain accurate estimates, drivers should follow several rules. First drivers should provide accurate and correct info about their car, driving history, annual mileage, address, and so on. Secondly, drivers should compare quotes for the same insurance policy. For that, they should make sure they select the same coverage limits, same deductibles levels, same add-one, same payment options, and the same coverage options.

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, please visit https://compare-autoinsurance.org

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Mitchell International EVP and General Manager Nina Smith Joins FMG Suite Board of Directors

“Nina is a highly accomplished and widely respected technology and software services sector leader experienced in product development and marketing who will provide valuable perspectives on FMG Suite’s business strategy, and we look forward to her contributions.”

SAN DIEGO (PRWEB)
November 16, 2020

FMG Suite, a SaaS company specializing in marketing software and services for financial advisors and insurance agents, today announced the appointment of Nina Smith to its Board of Directors.

Smith joins the board with more than 25 years of experience bringing client satisfaction and operational excellence to the technology sector. She is currently Executive Vice President and General Manager of Mitchell International’s Casualty Solutions––a role she has held since 2009. Prior to that, Smith spent more than two decades in marketing and management leadership roles at Sage Software and Xerox Corporation. Smith is a graduate of the University of Redlands.

“We are honored to have Nina joining us as a member of our Board,” said Board Member Jim Lindner. “She is a highly accomplished and widely respected technology and software services sector leader experienced in product development and marketing. Nina will provide valuable perspectives on FMG Suite’s business strategy, and we look forward to her contributions.”

“Nina’s extensive marketing and leadership experience will help us drive more customer-centric innovation for an industry in transition. We look forward to her guidance as we deliver marketing solutions for service professionals,” said Scott White.

Learn more about Nina Smith.

About FMG Suite

FMG Suite powers an all-in-one marketing platform that helps financial advisors and insurance agents attract new leads, stay connected with clients and grow their businesses. Rated first in market share and customer satisfaction in the 2019 and 2020 T3 Software Survey Report, FMG Suite helps its customers develop comprehensive marketing strategies and automate their most effective marketing tactics. FMG Suite is headquartered in San Diego, CA with satellite offices across the United States.

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