To the 77 percent of independent insurance agencies that don’t have a social media presence, creating a profile and trying to form “friendships” via a computer can be daunting. Once an agency gets online, however, tools such as blogs, Facebook, …
A new survey suggests insurers looking into the use of social media for promotion and customer interaction would be smart to target young adults, men and high-income earners. These groups are the most likely to already use social media for …
OneBeacon Professional Insurance (OBPI) has a new technology errors and omissions (E&O) product targeted to technology firms, including application service providers, software developers, technology consulting firms, and companies involved in systems integration and maintenance. “As technology organizations continue to evolve, …
The Internet was built on freedom of expression. Society wants someone held accountable when that freedom is abused. And major Internet companies like Google and Facebook are finding themselves caught between those ideals. Although Google, Facebook and their rivals have …
Insurance Commissioner Wayne Goodwin has launched a mobile version of the North Carolina Department of Insurance’s Web site, www.ncdoi.com, to provide a mobile-friendly way for consumers to link with the state insurance department. The mobile site is an abbreviated version …
With more than 40 states now enforcing privacy and security breach notification laws, underwriters are working hard to scoop up the business this niche creates, while also tweaking their policy forms to provide the broadest and most comprehensive coverage. Over …
“A new wave of hacker attacks is breaching corporate and outsourced information systems with one information security firm recently detailing coordinated hacker attacks on 2,400 companies and government agencies during the past 18 months,” says a bulletin from Lockton’s London …
The UK’s Lloyds Banking Group is selling its 70 per cent stake in online insurer esure, to a management buyout vehicle to be called esure Group Holdings Ltd. The esure Group is led by the company’s chairman Peter Wood. It …
Aon Benfield announced the launch of its proprietary facultative broking platform. The web portal, FAConnectSM, “brings the broker marketplace to clients’ computer desktops, allowing them to quote and bind their unique facultative risks in less than five minutes through a …
The London Market Group (LMG) aims to continue the progress made in 2009 to modernize the London market’s procedures in an effort to maintain London’s competitiveness in the global insurance market. LMG Chairman Barnabas Hurst-Bannister laid out the marketing organization’s …
