Technology isn’t what it used to be, and neither is insurance.
It is no secret that the world of insurance has changed dramatically over the past few years. The rise of technology has brought new policyholder expectations for document output. At MassPrinting, we have recognized this shift in environment and are at the forefront of providing digital solutions that assist carriers who are navigating unfamiliar waters.
This was the 3rd year MassPrinting attended the AAIS Annual Main Event as a supporting sponsor. The show was held this year at the Margaritaville Resort in sunny Hollywood, Florida! This event is AAIS’s annual member conference and it brings together a good mix of Property & Casualty insurance industry professionals for a couple days of learning, networking, and fun.
It’s a new year, and the new postage rates from the United States Postal Service will be going into effect on January 27, 2019. It is wise to review the changes now, as minor changes to rates can have a large impact on your total spend on policyholder communications. Carriers mailing flats weighing more than an ounce will see a significant savings with the new rates.
This year MassPrinting attended BriteCore’s 10th User Conference, BriteCon. We attend the conference annually as a technology partner and sponsor and have been there every year since 2015. It was very evident to me this year that the evolution of technology in the property and casualty industry is well underway, and what’s come to be known as the “BriteCore Community” is one great example of the shift taking place.
It is time to start thinking about your 2019 operating plan and the associated key initiatives. It is time for you and your team to start brainstorming and prioritizing the strategic initiatives that will scoop up the valuable resources (money, employee time, products/services, partners, etc) and hopefully provide the best ROI to the business and make you a better company ($$ saved; PH retention; process efficiencies; developing a competitive advantage).
If you are thinking about outsourcing your policy document print and mail operations, you should speak with us. We are passionate about our innovative solutions in this area and can help you understand the advantages of outsourcing this critical business process.
I attended the 2018 Pennsylvania Association of Mutual Insurance Companies (PAMIC) annual conference/meeting in Baltimore, MD from August 5-7. PAMIC is an organization representing Mutual Insurance Companies in the Mid-Atlantic states.
After exhibiting as a vendor at the 2018 IASA Conference in Nashville TN, one big takeaway for me was the alignment with the Nashville, TN, venue selection.
If you are thinking about outsourcing your policy document print and mail operations you should speak with us. We are passionate about our innovative solutions in this area and can help you understand the advantages of outsourcing this critical business process.
In a recent Coverager daily email, Clearcover CEO Kyle Nakatsuji was interviewed and asked his opinion on the most overused word in insurtech. His response was, “Disruption. The very term is competitor-focused, not customer-focused.”
He’s exactly right. We’ve actually been saying that for years. When we talk with insurance carriers, we never use the word disruption. That’s exactly what a carrier doesn’t want to hear. They don’t want anything to disrupt the policies their clients have in place.
Recent reports of a privacy breach by Aetna Insurance affecting 12,000 patients really sparked my interest. I’m sure a company such as this spends countless dollars securing technology infrastructure, has robust password rules, and implements firewalls to prevent hackers from stealing data. So, what could have gone wrong?
New United States Postal Service postage rates will be going into effect on January 21, 2018. It’s important to think about these changes now because they will have an impact on your policyholder communications budget this year. Planning for them now can help to minimize budget disruption later in the year.
What separates us from the rest? Check out our infographic to discover why MassPrinting is the right choice for outsourcing your print & mail.
The importance of effective policyholder communications should not be overlooked. Your communications with policyholders is where you’re most visible to them. The impression you set with those communications will set an expectation for all the services you provide to your policyholders.
Carriers should avoid the temptation of thinking that their internal data is all that matters and seek industry-wide data from the experts. A big benefit of working with external solution providers is the extensive insurance specific knowledge and critical data analytics they have beyond just a single carrier.
I recently saw an article on Digital Insurance that said insurance companies are struggling to manage analytics teams. The author said that over the past few years, many insurance companies have created centralized big data, data measurement, and data governance strategies and capabilities.