We constantly hear stories of insurers and brokers having to ramp up their digital efforts in order to meet rising demand amid the COVID-19 pandemic. Now, a new report has shone a spotlight on just how important these efforts are. The World InsurTech Report 2020, published today by Capgemini and […]
The risk profile of an organisation is a landscape sensitive to any and every evolving external factor. There are, however, very few situations in recent years which have managed to rewrite the risk profile of businesses so profoundly as the COVID-19 pandemic. The ‘COVID Risk Review’ a global survey recently […]
The hotel industry has been one of the hardest hit by COVID-19 shutdowns and travel restrictions. According to the American Hotel & Lodging Association (AHLA), nearly six out of 10 open hotel rooms were empty across the country as of July 08, thousands of hotels have been shuttered, and, overall, hotels have […]
The U.S. experienced a record surge in health insurance losses this year as millions of Americans lost their job during the coronavirus pandemic. Between February and May, a spike in unemployment caused 5.4 million people to lose health insurance coverage, according to data from Families USA. That increase is nearly […]
A federal lawsuit has been filed against an Atlanta, GA-based company over the sale of illegal health insurance and the company’s misrepresentation of its part in a Christian healthcare sharing ministry. The lawsuit, filed in the US District Court in Atlanta on June 05 by three women plaintiffs, accuses Aliera […]
AS MILLIONS OF PEOPLE lose their jobs because of the coronavirus pandemic, they’re also losing their health insurance – at exactly the time when they may need the coverage to help pay for care if they end up getting sick. If you lose your health insurance when you lose your job – or […]
Securian Financial is boosting a Canadian business it acquired in 2017 by agreeing to purchase the whole life insurance policies sold in Canada by the Gerber Life Insurance Co. Securian’s subsidiary, Canadian Premier, will assume the Canadian Gerber Life policies but will no longer market the whole life policies meant […]
Life insurance companies are open for business, but the coronavirus pandemic has forced many of them to find workarounds and new solutions in order to maintain their sales and meet increased demand. Amid health concerns and the inability to get life insurance medical exams done, many life insurers have had […]
NORFOLK, Va. — For many people, travel insurance has been little more than a box that pops up on a booking site to offer some cheap peace of mind. But the coverage’s limitations have been brought into stark relief during the coronavirus pandemic, leaving would-be travelers frustrated over denied claims for […]
Apr. 15–Very few people will be smashing cakes into the faces of their loved ones this spring. COVID-19 has brought many couples’ wedding plans, and planned traditions, to a halt. While for some lovebugs, that’s an annoying inconvenience, for others, it poses a nearly life-or-death (or at least financial death) […]