Advanced Insurance Systems

Advanced Insurance Systems

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FINANCING INSURANCE PREMIUMS MAKES MONEY AND IMPROVES SERVICE

The history of financing insurance premiums dates back to the mid twentieth century when General Agents recognized it as a means to increase profits and customer service. Before long independent insurance premium finance companies came into being and soon thereafter clever independent agents recognized the financial opportunity could s

04/30/2022
Telematics in auto claims is inevitable 08/25/2016

The pace of adoption for telematics in usage-based insurance (UBI) is nearing a tipping point. Experts forecast 60M-100M global UBI policies by 2020, which conservatively represents a growth rate of 60-70 percent per year. IHS Automotive predicts that 86 percent of new vehicles sold next year will have connectivity to the Internet.

Telematics in auto claims is inevitable The use of telematics data in claims likely holds more value for your organization than the use of this data in underwriting. This assertion may not be capturing many headlines, but telematics integrated into the claims process represents a powerful propo

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