Naperville, IL – December 14, 2017 – A new video released by Digital Insurance explains why program business is an attractive opportunity in a soft property and casualty market and how carriers can capitalize.
The video, titled P&C Carriers: Are You Prepared for Program Success? complements two other pieces recently released by Digital Insurance – the infographic Seizing the Program Opportunity and the white paper 3 Reasons to Avoid the Program Business.
“We see no sign that program growth is slowing,” said Kevin Mason, Executive Vice President at Instec, sponsor of the new video. “Carriers see it as a profit opportunity in an otherwise commoditized market. The key is for carriers to adjust their culture, operating model, and technology to take advantage.”
“Are You Prepared for Program Success” highlights the unique demands the program market places on technology, and the system attributes required to compete effectively. The video is available now on the Digital Insurance website.
Instec’s unique approach to systems for the insurance industry enables P&C carriers, MGAs and MGUs to launch programs and specialty offerings from start to first quote in as little as four weeks. With built-in bureau content and reusable business rules, Instec systems provide a platform for innovation with reduced risk. In addition, cloud-based deployment and subscription-based pricing enable insurers to test new programs at a low cost of entry and scale up affordably as the business grows. To learn more, visit www.instec-corp.com.
Vice President of Marketing