Blog

Optimizing Policy Renewal and Retention With the ever-evolving insurance landscape, it is crucial to focus not just on the initial sale of policies but also on the renewal and retention phases. These touchpoints are vitally important and can lead to long-term success for insurance companies. Selectsys BPO Services has emerged as a key player in […]

Philadelphia Youth Sports Collaborative to Host PYSC Summit: Sports, Mental Health, and the Value of Life Insurance Philadelphia Youth Sports Collaborative (PYSC) is gearing up to host a groundbreaking summit focused on youth sports and mental health at Lincoln Financial Field. The event promises to address the critical intersections between physical activity and mental well-being […]

Customization in Insurance: Striking the Right Balance while Reaping Life Insurance Benefits As the insurance industry continues to innovate, there’s a growing debate about whether customization is undermining efficiency. However, when it comes to life insurance, the spectrum of benefits it offers highlights how tailored solutions can be pivotal to meeting individual and business needs. […]

Everest Reinsurance Promotes Shirine Dajjani to Key Leadership Role In a significant development for the global insurance sector, Everest Reinsurance has announced the promotion of Shirine Dajjani to a pivotal leadership role where she will oversee the company’s global reinsurance operations. This advancement is poised to bring transformative changes not only to Everest Reinsurance but […]

Understanding Protection and Indemnity Insurance: A Key Marine Insurance Protection and Indemnity (P&I) insurance is a specialized form of marine insurance that offers coverage against various liabilities faced by ship owners and operators. This type of insurance is as integral to the shipping industry as life insurance is for everyday individuals and families, underlining the […]

Understanding the Role of an Independent Insurance Agent The allure of becoming an independent insurance agent has captivated many individuals seeking flexibility, autonomy, and lucrative potential in their careers. Independent agents represent various insurance companies, allowing them to offer clients a wide range of policies, including life insurance coverage, which can be tailored to meet […]

Charting a New Course in Insurance: Applied Systems’ Focus on AI and Integration In a groundbreaking development, Applied Systems is focusing on artificial intelligence (AI) and integration, ushering in a new era for the insurance industry. Leveraging cutting-edge technology, this innovator is poised to reshape the landscape of life insurance, enhancing accessibility and efficiency. Life […]

Reinsurance Braces for Impact After Hurricane Milton’s Massive Losses In the wake of Hurricane Milton, reinsurers are preparing for significant financial repercussions as detailed by Moody’s latest report. This historic event has not only sent shockwaves through the reinsurance industry but has also sparked renewed interest in life insurance and its comprehensive benefits. Understanding the […]

RGA and Tongyang Life Expand Coinsurance Contract to Bolster Capital Management In a strategic move to enhance their capital management capabilities, Reinsurance Group of America (RGA) and Tongyang Life Insurance have expanded their existing coinsurance contract. The extension brings an additional KRW 150 billion in coverage, aiming to fortify both companies’ financial stability. Strengthening Financial […]

Lloyd’s and UNCDF Launch Pacific Disaster Resilience Initiative In a landmark collaboration, global insurance giant Lloyd’s and the United Nations Capital Development Fund (UNCDF) have introduced the Pacific Disaster Resilience Program. This innovative financing model is designed to bolster recovery efforts and expand insurance coverage for Small Island Developing States (SIDS) in the Pacific region. […]