Posts in tag

insurance


By Ebere Nwoji According to a 2015 insurance survey by PWC, Nigeria is ranked 62nd in the world and has a total premium volume of $1.64 billion. Insurance premium penetration rates of 0.7 per cent of GDP. The report also revealed that only 1.5 per cent of Nigerian adults have insurance coverage, hence ranked 87th …

One area of change that Pereira has championed in his position as co-founder and director of Ingenium Insurance Solutions, which specialises in group people risk insurances, is technology and innovation. “As co-founder and director, we at Ingenium recognised the value group insurance can have on the lives of everyday Australians and their families. Be it …

Health insurance costs increased by around $1.2 million for the local Glynn County government in the last year, according to finance personnel. About $800,000 of the $1.2 million overage went to health care, and the remaining is related to prescriptions, interim Chief Financial Officer Tamara Munson explained to the county’s finance committee at a Tuesday …

New Jersey’s largest health insurance company is once again seeking state permission to overhaul its corporate structure and modernize its business practices. Doing so, it says, will allow it to make greater investments in new technology, seek additional partnership opportunities and explore other steps designed to reduce the cost of care. The renewed move by …

Rates reduced for second straight year; open enrollment for 2021 coverage ends Dec. 15 NEW CASTLE (Oct. 30, 2020) – Delawareans looking for health insurance will see a second straight year of reduced rates when they shop for 2021 coverage through the Health Insurance Marketplace. The marketplace’s eighth open enrollment period starts Sunday, Nov. 1, …

For the third year, there is a very short window – Nov. 1 to Dec. 15 – to sign up for health insurance through the federal marketplace; however, 2020 is challenged unlike any other with in-person assistance funding cut by more than 80 percent and advertising extremely limited. Additional efforts to undermine the marketplace – …

SHANGHAI, Oct. 15, 2020 /PRNewswire/ — On September 24, 111, Inc. (NASDAQ: YI) (“111”) and Shanghai Uniondrug Information Technology Co., Ltd (“Shanghai Uniondrug”) officially signed a strategic partnership agreement (the “Agreement”). The two companies will share resources and leverage each company’s expertise to build a multiple-layer partnership covering various fields. They will jointly promote commercial …

Innodata: What is the impact of technology on Insurance? Meg: In the age of Amazon, taking more than two days to do anything is unacceptable. This includes acquiring a new policy, placing a claim, or receiving a settlement check. Traditional Insurance institutions must leverage technology to operate at high speeds with personalized service. The entire …

DETROIT, Oct. 8, 2020 /PRNewswire/ — Nexsys Technologies, a FinTech company and subsidiary of Rocket Companies (NYSE: RKT) providing a suite of essential tech solutions for mortgage origination and closing, has begun working with Farmers Insurance® to digitize the verification of homeowners insurance using Clear HOI. The collaboration underscores the insurer’s commitment to help meet customers’ …