News/Resources
January 18, 2024
Technology for Small Insurers: Frequently Asked Questions
Small insurer technology is a burgeoning space. New developments happen almost daily. To help keep track of what’s what, we’ve captured a set of frequently asked questions that we hear from small insurers on a regular basis. We’ll...
January 11, 2024
Small Insurers: Here’s How to Upgrade Your Tech in 2024
The start of a new year might feel like an arbitrary time for small insurers to modernize their technology stacks, but let’s be honest – setting a timeline is the hardest yet most important step. Why bother modernizing?...
November 17, 2023
Here’s What’s Going to Happen to Small Insurers That Continue to View Their Technology as an Expense
For years (decades?), small insurers have viewed their technology as an expense. Their portals? Expense. Their internal systems? Expense. Their billing system? Expense. Their claim management system? Expense. You get the idea. In a “people first” industry, these...
November 2, 2023
Updating your Core Policy Suite without an IT Team
Many small insurers hesitate to upgrade their core policy suite due to the perceived need for a dedicated IT team. This misconception can hinder growth and efficiency. However, the reality is that modernizing your insurance business can be...
October 2, 2023
Insurtech is Leveling the Playing Field for Small Insurers
Big insurance companies can build anything they want. They’ve got the internal resources, the budgets, the technical expertise. It’s enough to make a small insurance company shrug its shoulders in resignation. How can we compete with that? Two...
September 21, 2023
What is Insurtech?
Ever heard of fintech? Well, imagine the same revolution but in the insurance industry, and voila, you have insurtech. Intriguing, right? But what exactly does this term mean? The Birth of Insurtech The term insurtech refers to the...
August 22, 2023
Modernizing Your Insurance Tech Stack: 5 Myths Demystified
Let’s walk through each concern and uncover the underlying truth. Myth 1: It’s Going to Cost a Boatload This is the number one objection small insurers have to modernizing their tech stack. Coupled with the “our technology is...
August 11, 2023
The benefits of using a self-insured group for worker’s compensation
Many companies secure workers’ comp insurance through third-party providers. Self-insured groups are another option that gives employers more control over claims and costs associated with on-the-job employee injuries. What are Self-Insured Groups? A self-insured group, or SIG, is...
June 24, 2023
Afraid of the Lift and Shift? Try Upgrading Your Portals in Just a Few Weeks
As a small insurance provider, you know how important your portals are and what they achieve. Better customer experiences, improved risk prediction accuracy, reduced operating costs, the ability to compete upriver against bigger providers, customer loyalty, real-time insights,...