The following is one of four articles in a series about pioneers in the affinity insurance market who are looking to the future through the lens of the past. Learn how they got started and their vision for the future of the affinity insurance sector: About Pearl Companies Jack Pearl founded...
The fundamental principle of the insurance and financial services sector has long been protection from risk — and that still holds true. What has changed is risk itself, with new types of loss or damages emerging almost daily. Fortunately, new insurance models and products are entering the...
Historically, time to market for new insurance products has been slow. Operational silos, complicated infrastructures, and legacy processes all contribute to delays — and, as such, can be corrected internally to minimize friction points. However, what can’t be easily corrected is the overall ...
The affinity market has historically been a thriving sector of the insurance industry — an uncomplicated, easily understandable model consistently meeting customer needs. As time has gone on, however, it has evolved into a more transactional process. If it weren’t for new insurance models and...
Risk and Trust in the Affinity Insurance Market: Always Present, Always Changing You’ll find few constants in insurance. However, two themes will never wane: risk and trust. Risk is ever present, and people will always require protection from the unexpected, while trust is necessary to the...
Partnerships are nothing new. Companies have long turned to other businesses to increase brand awareness, gain access to new customers, and enter new markets. It’s simply a strategic means of expanding an organization’s reach. When one company partners with another, leveraging its brand and...
Most business leaders would say that working with remote teams comes with a slight learning curve. Without the convenience of proximity, you must find new solutions — outside of those daily face-to-face team huddles — to connect with employees and maintain productivity. If you’re wondering how...
2020 has been an unprecedented year. In addition to the challenges of operating amid a pandemic, planning and hosting a virtual conference made for an exciting past few months. Beyond regular sessions, PIMA’s virtual two-day conference also included a Technology Pavilion that highlighted tech...
The California Consumer Privacy Act, or CCPA , will take effect on January 1, 2020. The law gives consumers more control over their personal information and mandates how companies manage, use, and store customer data. The measure certainly has its merits, but its broad scope will...