This post is an essential introduction to starting your own insurance broker business. We will focus on the regulations you will need to meet to trade as an insurance broker, while providing some tips on how to build your offering to...
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Employee Wellbeing Initiatives – How To Improve Wellbeing at Work
Investing in an employee wellbeing initiative will be as good for your business as it is for your employees. The World Economic Forum found that businesses that make a significant investment in employee wellbeing have seen up to 115%...
How to Create a Digital Transformation Strategy in Insurance
We have previously discussed the potential of digital transformation in insurance, through exploring the possibilities of artificial intelligence and embedded insurance solutions. In this post we will outline some practical steps you can...
AI in Insurance – Current and Future User Cases
There has been a lot of talk in recent years about the potential for AI to transform the insurance industry. In this post we’ll discuss how AI is currently revolutionising the world of insurance, while also looking to the potential new...
Customer Retention Strategies in Insurance
A recent survey found that some 84% of customers shop around for insurance at the point of renewal. And of this 84%, only 53% end up staying with their existing providers. In this post we’ll explore some customer retention strategies for...
Benefits of Embedded Insurance for Customers
Embedded insurance is taking the insurance world by storm, and for good reason: It brings a wealth of benefits to both businesses and customers. We’ve previously explored the business case for embedded insurance. In this post, we’ll...
Types of Embedded Insurance and How to Implement Them
In this post we’ll explore various different types of embedded insurance, with some examples to help you consider how you might implement them. What is Embedded Insurance? Embedded insurance means letting customers buy insurance cover as...
How To Write a Business Case For Employee Benefits
If you’re reading this, then you know that employee benefits are as good for your business as they are for your employees. But if the rest of your business isn’t onboard yet, then it might help to write a business case for employee...
Personal Accident vs. Employer’s Liability Insurance
What’s the difference between Personal Accident insurance and Employer’s Liability insurance? Both provide cover against injury and death. But beyond this, there are some important differences between the two. In this post we’ll explain...
Why Introduce Leisure Travel Schemes as an Employee Benefit
Businesses can offer travel insurance as an employee benefit. Usually, this insurance will cover the risks associated with travelling for businesses purposes, which can provide essential security if your employees regularly travel as part...
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