Cuddly Tails's Blog (6)

The Importance Of Aligning Business and IT Workflow





The rise in popularity of open-concept workspaces, integrated dashboards, and intuitive software points to one thing: collaboration is the key to success in the modern competitive landscape.



Traditionally, when you think of the business side of your company and the IT side, there is a very clear dichotomy. The teams that drive business for your company… Continue

Added by Cuddly Tails on May 24, 2022 at 1:17am — No Comments

Is it important for Insurance Carriers and Agents to have Mobile Apps?







Consumers are increasingly moving away from their computer screens and spending more time on their mobile phones. Mobile phone usage today has penetrated almost every demographic. An average user spends about 86 percent of their total time online on their mobile apps. For an insurance company, this means developing a mobile platform is not simply a… Continue

Added by Cuddly Tails on May 24, 2022 at 12:30am — No Comments

Get Ready For Change: Auto Manufacturers Entering Insurance





Tesla Inc. has changed the auto industry forever. The company has shredded the rule book by their clean sheet approach (building from scratch). Becoming the most valuable carmaker on Wall Street makes for a different kind of approach to the old-school manufacturing know-how. Tesla did not invent the electric car but they made a paradigm shift by embracing… Continue

Added by Cuddly Tails on May 23, 2022 at 8:37am — No Comments

Has the Pandemic Hastened the Shift to Usage-Based Insurance Model?





Just a little over a year ago, it would be safe to assume that most people spent a significant part of their day behind the wheel. The average person would have to travel each day to get to work, drop their kids at school, do a quick grocery run or even go on a weekend getaway. With the onset of the COVID-19 pandemic, much of this activity has come to a complete… Continue

Added by Cuddly Tails on May 23, 2022 at 8:15am — No Comments

Are We Moving to a Blockchain-Powered Insurance Industry?





What is blockchain and why is there so much buzz around it? It may seem quite complicated, but the core value of blockchain is very simple - It builds trust between parties sharing information. It is the technology first used behind bitcoin that deploys a decentralized public ledger for record-keeping. Access to information is through a cryptographic signature… Continue

Added by Cuddly Tails on May 23, 2022 at 7:24am — No Comments

How Technology Helps With Standard ISO/AAIS Forms and Custom Forms

There is a reason, as all insurers know, why standardized insurance policy forms are necessary. The foremost being that every state has its legal requirements about insurance policies. Further, premium rates are based on actuarial studies of insurable risks and they also incorporate previous court rulings. Instead of 400 Insurers, each having their analysis systems it is much more dependable leaving it to specialty organizations. This is why standard insurance policy forms are drawn up by… Continue

Added by Cuddly Tails on May 23, 2022 at 6:14am — No Comments

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