Life

How Can Brokerage as a Service Rebuild Insurance Trust?
Technology & Trends How Can Brokerage as a Service Rebuild Insurance Trust?

In an era where consumer trust in the insurance industry is at an all-time low, a groundbreaking approach known as Brokerage as a Service (BraaS) emerges as a potential game-changer to address this critical challenge and restore confidence. Distrust, fueled by opaque pricing, convoluted policy

Are Fractional Life Insurance Policies Now Securities?
Risk Management Are Fractional Life Insurance Policies Now Securities?

In a groundbreaking shift that has reverberated through the financial and insurance industries, a federal appeals court ruling has redefined the landscape for fractional life insurance policies, classifying them as securities under federal law. This decision, emerging from the Ninth Circuit Court

GIB Balances Costs and Benefits in Public Insurance Update
Insurance GIB Balances Costs and Benefits in Public Insurance Update

In a landscape where public sector insurance programs face mounting pressures from rising healthcare costs and evolving employee needs, the Group Insurance Board (GIB) has taken decisive steps to address these challenges head-on. During a recent meeting, the Board delved into the intricacies of the

Are Your Home Insurance Claims at Risk Without Smoke Alarms?
Insurance Are Your Home Insurance Claims at Risk Without Smoke Alarms?

Unveiling a Hidden Threat in Home Safety Picture a devastating fire tearing through a home, leaving behind not just charred remains but also a shocking financial blow: an insurance claim denied due to a missing or malfunctioning smoke alarm. This scenario is far from hypothetical, as millions in

Rising Costs Drive Families to Affordable Term Insurance
Insurance Rising Costs Drive Families to Affordable Term Insurance

In the heart of New York’s Finger Lakes region, families are grappling with an economic reality that’s becoming increasingly difficult to navigate as the cost of living continues to climb at an alarming rate, forcing many to seek affordable solutions like term life insurance. Inflation has

How dfcu Bank is Revolutionizing Insurance in Uganda?
Regulatory & Compliance How dfcu Bank is Revolutionizing Insurance in Uganda?

In a nation where insurance penetration lingers at a disheartening rate of less than 1% of GDP, as reported by the Insurance Regulatory Authority (IRA), the urgency for accessible risk protection has never been more evident. Uganda faces mounting challenges from economic uncertainties,

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