Following new rules means creating a new kind of IT department, one which deploys and manages platforms for quicker response and enables the bank to prove its fiscal fitness. Ernst & Young’s Donald Vangel and Dan Higgins recently discussed the scalpel and the hatchet that await.
Bank Technology News: How extensive is the new legislation for IT shops? Like what you see? Click here to sign up for Insurance Networking News weekly newsletter to get the latest on breaking industry news, carrier technology implementations and developing business and technology trends. Full Article…
Social media continues to be a topic of conversation among insurance executives even though studies have indicated the insurance industry has been slow to accept and adopt the technologies. Moreover, results from a June survey show that even among insurance producers who have adopted social media a majority does not believe it is helping them to generate leads.
With this in mind, Vijay Pullur, CEO and founder of SocialTwist, provided INN five tips to help insurers and producers use social media for promotions and marketing.
1. Open the dialogue. Successful social media campaigns involve identifying core constituents and engaging them. Full Article…
Despite much of the doom and gloom being reported about the insurance industry lately, what with AIG and its ongoing trails and tribulations regularly splashed across headlines everywhere, the industry can hold its head high today after a number of its businesses were named to Inc. magazine’s Fastest Growing Companies. Like what you see? Click here to sign up for Insurance Networking News weekly newsletter to get the latest on breaking industry news, carrier technology implementations and developing business and technology trends. Of the 5,000 companies that made the magazine’s annual list, 69 were directly tied to the insurance industry, be they insurers, agencies, brokerages, vendors or otherwise. Full Article…
Many people are not aware of the fact that there are actually three basic types of life insurance policies. They fall under the categories of Term Life, Whole Life and Universal Life insurance policies. When looking for life insurance, it helps to understand that there is more than one type of policy that can be purchased, and while all three provide settlements to beneficiaries upon the death of the insured, only term life has no actual cash value. Following is a very basic understanding of the three major types of life insurance policies.
Term Life: This is the type of policy that most Americans hold. Full Article…
U.S. disaster preparedness has improved little in the five years since the largest natural disaster in a century, a coalition of first responders and catastrophe experts says. Like what you see? Click here to sign up for Insurance Networking News weekly newsletter to get the latest on breaking industry news, carrier technology implementations and developing business and technology trends. Full Article…