Insurance takes on a new cover

Online channels have demonstrated exponential growth over the last few years, especially after the pandemic topicsInsurance Ever since InsurTechs set a digital footprint in the insurance industry, technology has greatly equalized barriers and accelerated the crucial metric of penetration. Traditionally, insurance has been perceived to run on a feet-on-street kind of model. But the advent … Read more

‘We believe his ex-wife put her up to this’: My stepdaughter asked me why I am the beneficiary of her father’s life insurance instead of her

Dear Quentin, One of my husband’s children told me she was shocked when her dad told her I was the primary beneficiary of his life insurance. The next day I received two texts from my stepdaughter stating that she could not understand why her father did not include his three kids on his life insurance. … Read more

Insurance policy delays Kenwood man’s life-saving transplant

A Kenwood man’s search for a life-saving lung transplant is complicated by figuring out how to pay for it. Last winter, 55-year-old Mark Plummer was healthy. He was employed as a delivery driver and said he’d never even had surgery or a broken bone. In February 2021, he started experiencing shortness of breath. By May, … Read more

Health insurance take 20-46 days to settle patients’ claims: report

Photo: iStock Settlement of expense reimbursement claims under health insurance policies on an average takes about 20 to 46 days from the date of intimation to the insurer, said a study conducted by insurtech platform SecureNow. The company said the industry data tabulated by it also shows that patients are quite prompt in informing the … Read more

Q&A: Colorado Division of Insurance Commissioner Michael Conway | Business

Just days after the most destructive wildfire in Colorado’s history, Colorado Division of Insurance Commissioner Michael Conway called a virtual town hall for the hundreds of victims who lost their homes in Boulder County. The Marshall fire burned more than 6,000 acres between Louisville and Superior on Dec. 30, destroying almost 1,100 homes and businesses … Read more

Q&A: Colorado Division of Insurance Commissioner Michael Conway | News

Just days after the most destructive wildfire in Colorado’s history, Colorado Division of Insurance Commissioner Michael Conway called a virtual town hall for the hundreds of victims who lost their homes in Boulder County. The Marshall fire burned more than 6,000 acres between Louisville and Superior on Dec. 30, destroying almost 1,100 homes and businesses … Read more

Roamly Launches Global Travel Insurance Product

Roamly is equipped to integrate its new Travel Insurance product into existing travel marketplace insurance offerings. Tweet this Through a first-of-its-kind partnership with International Medical Group (IMG), a leading travel insurance and assistance services company and fully owned subsidiary of SiriusPoint Ltd., a global insurance and reinsurance company, Roamly is now equipped to integrate its … Read more

How Do Car Insurance Deductibles Work?

If you’ve had any experience buying insurance or filing a claim, then you’ve probably heard the term “deductible” but may not fully understand what it is or how it works. In a nutshell: A deductible is an out-of-pocket payment you must make before your insurance coverage takes over. The deductible you choose directly impacts your … Read more