If you are like many Americans, you probably have multiple policies for home, auto, medical and life insurance. And if you are lucky and working for a good employer, you might also have additional life insurance as well as disability insurance. But did you know that no matter how well covered you think you are, there are some gaps in coverage that can unexpectedly wreak havoc on your savings should the unthinkable strike? Here are the common gaps many Americans have in their insurance coverage.
It is next to impossible to find an industry that technology has not penetrated. Especially with the insurance industry, gone are the days of making appointments with the insurance agents, negotiating in person on the price, or making frequent trips to pay your premiums. With digitization, the click of a few buttons brings everything to your fingertips through downloading an app or logging in to a website. Transacting online has become the norm today for most people. The Insurance sector, in particular, has benefited from this dramatic shift to
InsuredMine is excited to announce the rolling out of their new mobile app to make it easier for the mobile enthusiasts. The app has been successfully tested in beta and will be made available for download through the app stores for android platforms beginning January 17, 2018.
The team is confident that this mobile app will transform the way insurance customers manage, purchase and organize their multiple policies on a single dashboard. While there are other primitive apps for insurance management available, the app from InsuredMine is
A place for everything and everything in its place!
Whether we are dealing with personal or professional belongings, organizing is not only about perfection; it is about efficiency, decluttering, improving quality, and most importantly, making the most of our valuable resources – time and money. At InsuredMine, the terms ‘organizing’ and ‘managing’ mean the same. With our relentless drive to constantly improve insurance management, we strive for progress and not just perfection. That is why we
It is said that extinction is the rule and survival is the exception!
But when it comes to the dinosaurs of the insurance industry, you can’t help but wonder about what it is that makes them so resistant to extinction, even though nothing about them has changed for about a century. Have they adapted so exceptionally well or did modern day economics fail to penetrate them through technology, process, or people? This also deepens the curiosity when you notice that the average age of top 45 insurance companies on the
Window to the Future
Our presence at InsureTech Connect 2017 at Las Vegas was every bit as exciting as the work we do at InsuredMine every day. With over 3800 attendees and countless networking opportunities, it was an ideal platform for us in many ways. It acted as a strategic think tank and helped enhance constructive dialogue and collaboration with other entrepreneurs. It also helped us rethink what we already know, and educated us on what we did not. This insight helps shape our outlook about
Let’s face it, life is an organized chaos. You don’t agree? Let me explain. Imagine yourself involved in a fender-bender. After the initial phase of shock and distress has passed, you calm down to start the routine of exchanging your insurance information only to realize you don’t have all your insurance and policy details handy. Now what?
Assuming you have insurance, (although according to Insurance Research Council, in 2012, 12.6 percent of motorists or about one in eight drivers were
To a common man, Disruptive Innovation may sound like an oxymoron. But currently, it is the hot topic with both technology and insurance start-ups. Disruptive Innovation is a process by which the age-old practices and methods of doing business are entirely revolutionized by the use of technology. It provides innovative ways of doing business by making services less expensive and more accessible.
Of all the industries that embrace Disruptive Innovation, Insurtech is at the forefront. Insurtech refers to technology innovations that are designed to maximize savings and efficiency from