The silver generation is the working professionals over 50, often having a high disposable income. These individuals are usually still a part of the workforce or have independent sources of income. As these individuals get closer to complete retirement, it is important that they concentrate on selecting the best insurance policies, which can enable them… Read more »
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Who are Porch Pirates and how can you stay safe from them
In America, porch pirates stole goods valued at over $8 million in 2023. In the previous three months, 17% of Americans on average had a package stolen. Porch piracy is a new kind of issue that affects all online shoppers who are used to getting their packages delivered to their homes. Those who steal packages… Read more »
How Should “Solopreneurs” Look At Insurance?
There are 33.2 million small businesses in America, totaling over 99% of all businesses registered in the country. Amongst these, there are over 25 million companies that have only one employee. Solopreneurs are making an impact on the economy. These owner-operators manage all aspects of their operations alone, right from sales to service. The small… Read more »
Should The World Of Insurance Care About AI?
Everyone has heard about artificial intelligence by now, and we in the insurance sector haven’t been spared. To respond to the question above, insurance professionals and those who need insurance must be aware of artificial intelligence (AI) and how it may affect the services they provide or receive. How can AI be associated with insurance?… Read more »
A look at customer experience in insurance – trends, challenges, and opportunities for improvement
Whether it is a business or an individual, laborious and exhausting insurance processes can make experiences extremely terrible and bitter. However, today’s empowered consumer is looking for a better customer experience, even in this complex world. Both individuals and small business owners are calling for a different kind of insurance experience. They want convenience and… Read more »
5 Ways for a small business to reduce how much they spend on insurance
There are all kinds of small businesses. For instance, the monthly expenses for some small business insurance can be as low as $14 to $124. Clearly, not all of them need the same degree of protection or insurance coverage. Since many small businesses are unfamiliar with insurance jargon, they grow accustomed to purchasing cookie-cutter insurance… Read more »
5 Changes in the world of cars, driving, and auto insurance for 2024
The world of automobiles, driving, and auto insurance is fascinating at the best of times. It’s also more than a little confusing for a variety of reasons, including variations in premium costs and government regulations. Here are the five changes this space will see in 2024. Adoption of Electric vehicles While consumer demand is rising,… Read more »
Some musings about insurance in 2024
The insurance landscape in the US is changing because of new demands from consumers. From technological advancements to sustainable practices, US citizens are looking for plans that resonate with their priorities. Expenditures are increasing across categories, and innovative options are growing too. For example, from 2011 to 2020, the average expenditure for auto insurance increased… Read more »
Top 5 Things Likely To Occupy The Minds Of Small Business Owners In 2024
Small businesses make up about 99% of all businesses and contribute to about 40% of the American GDP. Clearly, the country supports small business owners. As they do, these businesses make profits and that, in turn, helps in boosting the economy. Given the stakes, small business owners will have to ensure that they prioritize some… Read more »
Four 2024 Trends Commercial Building Owners Should Know About!
According to a 2020 survey by U.S. Energy Information Administration, the number of commercial buildings increased by 6% in the last 8 years. In 2022, 115 billion US dollars were spent on commercial real estate construction, representing a significant rebound from the drop during the pandemic. Commercial buildings remained appealing for a variety of reasons…. Read more »