Selected articles for topic: aggregator insurance model
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More than Half of Insurers Consider Setting Up Aggregator ...
More than Half of Insurers Consider Setting Up Aggregator Sites to Sell Their Own and Other Insurers' Products, Accenture Study Finds
Aggregators dominate in the UK private automobile insurance market but face market-penetration challenges in the US
NEW YORK and LONDON; Feb. 2, 2016 -�More than half of the 400 insurers surveyed globally in a recent Accenture (NYSE: ACN) study are...
The rise of UK aggregators suggests change for US insurers ...
By Michael Costonis o Posted on April 21st, 2011
The rise of UK aggregators suggests change for US insurers
In the United Kingdom, the aggregator model of insurance distribution has exploded. In 2009, more than half of private automobile insurance sales were purchased online, and 36 percent of home insurance sales were purchased online.
Property Casualty 360 recently published an article of...
What's the right Insurance Aggregator architecture ...
There are two possible approaches to architecting an insurance aggregator website . The first approach (web service model) connects the aggregator website to the insurer's system by a series of API calls. The second approach (all-in-one model) handles everything under one website.
In both models, once you have defined the insurance product(s) you wish to offer (e.g. Private Car / Van, Home /...
Comparison websites shake up the motor insurance market - PwC
Comparison websites shake up the motor insurance market
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The importance of insurance aggregators will continue to increase significantly. A PwC study has shown how these providers will change the German market. From July to September 2013 motor insurers were asked to assess the aggregator market. The majority of the German motor insurance market, about 55% of the market...
Date: 2017-04-03 06:45:49
Insurers rush to tie-up with web aggregators | Business ...
Insurers rush to tie-up with web aggregators
With Irda finalising the guidelines, insurers see huge growth in this space
March 14, 2014 Last Updated at 09:16 IST
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Life insurers to have standard form for policyholders: IRDA Medical claims on kidney failure up...
The Rising Importance of Aggregators in Insurance | Celent
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The Rising Importance of Aggregators in Insurance
by� Juan Mazzini , � Luis Chipana , November 26, 2014
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Distribution in insurance has gotten more sophisticated over the years. On top of traditional players, a great number of nontraditional channels have...
Date: 2017-04-03 06:37:28
Making digital strategy a reality in insurance | McKinsey ...
Digital transformation is challenging in insurance, where change must happen without interrupting the flow of daily business. Here's how savvy leaders are taking on the challenge.
The nature of competition in property and casualty (P&C) insurance is shifting as new entrants, changing consumer behaviors, and technological innovations threaten to disrupt established business models. Though the...
Rise of the motor aggregators | The Actuary, the official ...
Rise of the motor aggregators
The UK motor insurance market is now in a situation similar to the airline industry where competition is making profitability elusive. The situation is unlikely to improve until some consolidation occurs or someone comes up with a new business model.
Figure 1 plots the Herfindahl Index (HI), a common measure of the competitive structure of an industry, for the UK...
Agency Models: What Defines Today’s ... - Insurance Journal
These models allow groups of agencies to mass business with insurance carriers to give the agency access to markets and avoid minimum premium thresholds for their individual business.
One problem with clusters, Burand said, is that many lack management. Hundreds exist today shoving business through the program without control.
One cluster group that's experienced success in recent years is...