Insurance Industry News | Insurance Relief

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The Premium Chat is Insurance Relief's blog covering trends and tips for successfully managing issues in the workplace, such as: retention, employee engagement, and interviewing.

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Are Google and Amazon a Threat to the Insurance Industry?

Posted in Insurance Industry News

A recent survey has revealed another red flag for the insurance industry – one-fifth of the people surveyed said they would consider switching their home insurance to Google or Amazon...
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How California Wildfires Are Impacting Property Insurance and Underwriting

Posted in Insurance Industry News

The flurry of wildfires in California has led to legislation designed to handle underinsurance issues. The law requires that companies offering residential property insurance give a replacement cost estimate every...
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Data Privacy: How It Could Negatively Impact Underwriting

Posted in Insurance Industry News

The European Union has recently enacted sweeping guidelines covering data privacy and protection, regulations that are likely to make underwriting more difficult for insurance carriers doing business in Europe. Data...
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How Should You Prepare for Autonomous Cars?

Posted in Insurance Industry News

Many insurance companies recognize the challenges that self-driving cars pose to the insurance industry, but most have made only tentative efforts to address the many issues this new technology raises...
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Mid- to Large-Size Agencies Showing Strong Growth in 2018

Posted in Insurance Industry News

The outlook for mid- to large-sized insurance agencies looks encouraging and is expected to continue in 2018. Effect of Tax Cuts Some of the growth is attributable to the Tax...
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The Impact of Alternative Insurance Markets

Posted in Insurance Industry News

Right now the insurance industry is overcapitalized, and the main reason for this is the many alternative players that have entered the market, driving up the supply of insurers. Oversupply...
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Introduction to Blockchain for Insurance Companies

Posted in Insurance Industry News

Blockchain is getting a lot of attention these days. It is a revolutionary technology that, unfortunately, has been associated with some slightly sketchy applications, such as cryptocurrencies. But blockchain is...
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Professional Organizations in the Insurance Industry

Posted in Insurance Industry News

Like any profession, insurance has many different trade and professional organizations, many representing a facet of the business. Here is a listing of a few of these organizations and their...
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How Artificial Intelligence Could Help Your Organization

Posted in Insurance Industry News

Compared to other industries, insurance has been slow to adopt digital technologies in the workplace. It is still more of a paper-based operation. But digitization can increase the efficiency of...
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Insurance Career Spotlight: Insurance Sales Executive

Posted in Insurance Industry News

As you may surmise from the name, the main job of an insurance sales executive is selling. Here is an overview of some of the other key responsibilities: Build Relationships...
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