Month: June 2024

Life Insurance Agents Embrace AI for Enhanced Customer Service In the rapidly evolving world of insurance, adaptation, not fear, is the key to success, says industry veteran John Parker. As artificial intelligence (AI) technologies become more prevalent, insurance agents who leverage these tools are positioned to outpace those who don’t. This transformation extends across various […]

Revolutionize Your Insurance Approach at ITC Vegas 2024 The Insurance Technology Conference (ITC) Vegas 2024 is poised to be a groundbreaking event for industry professionals looking to modernize their approach to insurance. This year, ITC Vegas is set to tackle the rapidly expanding field of life insurance and its numerous benefits, offering unparalleled insights for […]

Euclid Establishes MGU for Mortgage Re/Insurance Market Euclid, a leading player in the insurance sector, has announced the establishment of a new Managing General Underwriter (MGU) focused on the mortgage re/insurance market. This strategic move aims to further bolster their competitive edge and offer enhanced services to their clients. Two Reinsurance Experts Named to Top […]

Oxbridge Re Reports Successful Returns on Tokenized Reinsurance Securities Oxbridge Re, a leading reinsurance company, has announced successful returns on its innovative tokenized reinsurance securities, with RWAs’ performance exceeding projections. This marks a significant achievement in the intersection of blockchain technology and the reinsurance industry. Life Insurance: A Pillar of Financial Security While the news […]

Kin Announces Completion of Reinsurance Program Kin Insurance, a prominent player in the insurance market, has successfully completed its reinsurance program, which will remain available until May 31, 2025, the company announced on June 12, 2024. This marks a significant milestone in Kin’s strategy to provide comprehensive coverage solutions for their clients. Securing Financial Stability […]

Insurers Sue AM Best Over Ratings Downgrade, Highlighting Importance of Life Insurance Two prominent insurers, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, are embroiled in a legal dispute with AM Best over a recent ratings downgrade. The case has brought to light several advantages of life insurance that policyholders should be aware of. […]

Revealed – Best Insurance Companies for 2024 In an extensive review of the insurance industry, leading companies have been unveiled for offering superior coverage and services in 2024. While motor and home insurance have historically dominated the headlines, life insurance has increasingly taken the spotlight, showcasing its benefits for a well-rounded financial security plan. Life […]

Exploring the Benefits of Life Insurance in Light of UC’s Disability Coverage The University of California, administered by Lincoln Financial Group, offers basic employer-paid disability insurance with a monthly benefit capped at $800. While this provides essential coverage, it highlights the broader need for comprehensive life insurance, which includes various aspects tailored to different life […]

Honoring the Life of Philip Restifo The Albany community mourns the loss of Philip Restifo, who passed away at the age of 101 in Rensselaer, NY. Born in 1923, Philip enjoyed a fulfilling life, marked by his dedicated career and contributions to the insurance industry. A Legacy in Insurance Philip spent a significant portion of […]

Personal Auto Insurance Profitability on the Right Track – Triple-I According to a recent report by the Insurance Information Institute (Triple-I), personal auto insurance profitability appears to be heading in a positive direction. This trend is noteworthy, especially for policyholders and insurers who have experienced fluctuations in premium rates and claim volumes. However, industry experts […]