Pivot Investment Partners的动态

Are your drivers hesitant about adopting new camera technology? Here’s why they shouldn’t be. ?? We discussed the real-life impact of camera systems on drivers’ careers and safety. Here’s what you’ll learn: ? Career Protection: Cameras provide clear evidence during incidents, protecting drivers from false claims and ensuring their side of the story is heard. ? Life-Saving Technology: Enhanced visibility and real-time monitoring help prevent accidents, ensuring everyone gets home safely. ? Driver Confidence: Knowing they’re protected by cameras, drivers can focus more on the road and less on potential liabilities. Click through to read our comprehensive blog post for more information. ?? Read the Full Blog Here: https://lnkd.in/eQa8_N_D ?? #FleetManagement #DriverSafety #TruckingIndustry #HeavyEquipment #ConvoyTechnologies #Insurance #FMCSA #Safetyscores

?? Exciting News at GloveBox! ?? We're thrilled to announce the launch of our new self-service portal, empowering agencies to allow their insureds to take control of their insurance experience with the click of a button! That’s right, no more waiting on hold to hear your lovely agency's hold music or playing phone tag with your customer service rep (we know insureds will miss that). Now, from the comfort of your insureds own home, or while multitasking at another mind-numbingly long team meeting, they can: > Update their policy details (Get a new car? Or maybe a new goldfish?) > File claims (We hope it's for the car and not the goldfish) > Access all of their insurance documents (Because who doesn’t love a good bedtime read?) We're putting the 'sure' back in 'insured' by making everything as easy as, well, losing a pen on your desk. So, why wait? Dive into our new self-service portal today and give your insureds the freedom of handling their insurance needs in their pajamas! #innovation #customerexperience #insurance #selfservice #finally ?? Feel free to connect for more revolutionary updates (and occasional jokes)!

ICYMI! This is a significant and unique advancement in Crash Detection from Sfara. It will enable and promote adoption of true, real-time eFNOL, Claims Triage, Accident Management and Emergency Response by auto insurers and others. Erik Goldman Alan Demers, CPCU, AIC Rocco Tricarico #crashdetection #futureofinsurance #autoinsurance #claims #triage #UBI #telematics #FNOL #eFNOL #accidentmanagement #emergencyresponse

AI-backed cameras, fire detection systems, and enhanced navigation are helping shipowners dramatically improve vessel safety and reduce risks. But despite these tangible benefits, Richard Max Adler, Chief Commercial Officer at Atlantic Insurance & Reinsurance Brokers, points out that underwriting practices have not kept pace with advances in data collection and safety technology. He urges marine insurers, especially P&I Clubs, to collaborate with tech companies driving this change and develop more sophisticated underwriting models. Osher Perry, CEO & Founder of ShipIn Systems, echoes this sentiment, noting that industries like automotive are already offering premium reductions based on data. He adds, “We have no doubt this needs to take place in the industry and we believe it’s coming,” emphasizing that the ability to use data to understand risk better is essential for the future of marine insurance. Read full article on TradeWinds: https://lnkd.in/dhFyyb3M

State Farm has applied for a patent on a system to notify policyholders when their vehicle is in a high-risk area, like a garage with recent thefts. The system uses location data to assess risk and send alerts. Policyholders acting on these alerts could earn rewards, like premium discounts. This innovation aims to improve vehicle safety by providing timely risk notifications. #Innovation #VehicleSafety #InsuranceTech https://lnkd.in/getwcfF4

Sasha Gainullin, CEO of battleface's subsidiary Robin Assist, reflects on the company's inaugural year and its trajectory moving forward. His leadership tenure, juxtaposed with his role at battleface, has been seamless due to the cohesive #team dynamics and shared #industry expertise. Robin Assist, designed with a modular feature-based approach akin to battleface, focuses on enhancing #tech capabilities, #assistance, and #claims services. Amidst industry challenges like #climatechange impacts, evolving customer expectations, and rising #fraud rates, Robin Assist navigates by streamlining claim processes, expanding payment options, and bolstering fraud detection measures. Read the interview here: https://lnkd.in/eT5MnaAs

"In the face of adversity, innovation leads the way." This sentiment rings true in the compelling story of Brian from RoysBoys, a seasoned veteran of the Papa Johns?family for 20+ years.? Confronted with the challenges of insurance renewals, Brian found a silver lining in Drivosity. In his testimonial, he illuminates how this strategic partnership not only resolved their insurance dilemmas but also propelled Papa John’s stores to new heights of safety and operational efficiency. Ready to turn challenges into victories like Brian did? Reach out to us today to learn more about how Drivosity can make a difference in your operations. #PapaJohns #InsuranceRenewals #OperationalExcellence #LastMileDelivery #Telematics

Great write up on the use of life settlement calculators. My opinion after 23 years in the settlement space is that they are garbage and set false expectations. A client does not know his/her mortality and half the time doesn’t know premiums going forward.But again just my opinion. Calculators can give you a general sense of a “potential” offer range at best…

To Calculate, Or Not To Calculate - That Is The Question Sometimes, advisors will call to discuss a client's life insurance policy that is no longer wanted or needed, and during the conversation they ask "how much can my client receive by selling his/her policy?" Good question. The short (and accurate) answer is that it is not possible to know exactly what the number is until a client's policy is properly marketed by a life settlements broker. That being said, there are "calculators" on-line that claim to estimate life settlement value. But, should you use them? My advice - proceed with caution. Here's why: many calculators are simply not accurate and are lead generators. They only take a minute or two to complete, and portend to give the life settlement value, when in reality, they want the contact information of clients for follow up. The majority of calculators do not take into consideration the premiums that it will take to keep a client's policy in force into the future. They also do not take into account the specific life expectancy of a client. At best, these calculators are averages of what an entity pays for policies of a certain size, given various generic health statuses. There is a lot of room for interpretation, and in most cases, can set a client up for disappointment if marketing a policy produces lower offers. For example, a current client found a calculator on-line, inputting the information for his $400,000 term policy. Fortunately, he and I spoke beforehand, so I set expectations properly. But, he couldn't help it, he had to try (I get it). The results came back with a $200,000 value. I had to tell him that was not going to happen, and reiterated our past conversation as to why. Fast forward - the policy was fully marketed in the life settlement marketplace, and the result - $15,000. This is the fair market price for the policy. He is still happy, because this is a term policy that is ending, so he will receive something from a policy that he was going to walk away from with nothing. All is well. But, this example shows why there is no calculator on our website. All that being said, calculators can have their place. If you have a client that just wants to see if "it may be worth it" to them to market the policy, a calculator can give some ranges. As long as the client knows that the calculator results are not necessarily indicative of what they will receive, all is well. If you are curious, or if you have a client who is curious, click on the calculator link below. Feel free to peruse. But, please be careful so as to not set client expectations unrealistically. If you have a client who no longer wants, no longer needs or can no longer afford their life insurance policy, contact me. I am happy to discuss your client's policy any time to see if a life settlement can be an appropriate option. We're here to help. https://lnkd.in/eCh8D5Mg

Githesh Ramamurthy, Chairman & CEO, CCC Intelligent Solutions, says we need to start with the ground truth behind an injury that results from a car accident. What are the physics involved, and what injuries could have arisen from that. CCC can now impute this from accident photos from the damage to the cars to understand how to take care of people that may have been hurt. This can help identify potentially fraudulent claims, or act faster to help people when you know a material injury may have occurred. Watch the clip at https://lnkd.in/esuXBthf and catch the full episode at https://lnkd.in/d9jgYVw4 #insurtech #insurance #futureofinsurance #innovation