MGAs
Insurer
Broker
Podcast: How to Bring Innovation to Insurance Industry?
Market Minds has recorded a very fun and captivating podcast with Insly’s CEO and founder Risto Rossar and project manager Mart Parve, introducing Insly as a cloud based CRM and policy administration business for insurance industry. Conversation is centered how to bring innovation to insurance industry. How right now the industry wastes energy and which […]
Solve the online insurance distribution puzzle with CloudSales
Insly insurance software family has a new member CloudSales – an e-commerce solution for online insurance distribution and servicing of insurance products that can be launched quickly and efficiently. It’s not quite unlike an “e-shop” software, just for insurance products instead of physical ones. With CloudSales, we intend to help our clients take advantage of […]
6 Questions with InsurTech Influencer Rick Huckstep
InsurTech is a hot topic among the wider insurance community these days and with a great many fresh ideas circulating the space in social media we think it’s only decent that these ideas get shared. As with every subject, InsurTech has cultivated its own thought leaders and starting with today, we are launching a series of short […]
Will insurance brokers survive in the long run?
During my time in London I have met hundreds of insurance brokers, investors and innovators in FinTech, and the surrounding, wider insurance industry. The question that I have been obliged to answer most is: “Is Insly building and selling technology to a dying industry?” The domination of direct online sales and aggregators in UK retail insurance […]
What will change in insurance industry in 2017?
The insurance industry – traditionally cautious, heavily regulated, and accustomed to incremental change—confronts a radical shift in the age of automation. With the rise of digitization and machine learning, insurance activities are becoming more automatable and the need to attract and retain employees with digital expertise is becoming more critical. Workforce position-by-position changes McKinsey Global […]
3 Technology Trends for the Insurance Industry in 2017
Insurance agents and brokers are experiencing a major shift in what their customers and clients have come to expect. By 2017, “digital natives” will dominate the workplace, which has huge implications for agents and brokers looking to engage with customers and grow their businesses. As the millennial generation matures and enters into its peak buying power, digital […]
7 Things to Consider when Implementing IT for MGA or Insurance Brokers
In today’s world, IT systems play a very important role in the success and sustainability of Managing General Agent (MGA) business. To outline the importance of that, consider the following quotes: “We estimate technology could reduce the combined ratio by as much as 21%” ~ Morgan Stanley and the Boston Consulting Group “During the past […]
How business insurance is changing in 2017?
With the introduction of the internet, businesses of all kinds have been shifting their focus to the digital world. From news to fitness to analytics and dictionaries, we can get virtually everything we need with the push of a few buttons. How business insurance is changing in 2017? Unfortunately, not every business-type has found a way […]
Why is Lloyd’s losing out on Insurance Technology Innovation?
While the founder of Lloyd’s might be amazed by how far Lloyd’s of London has come in a little over 300 years, the insurance market is no longer the pioneer of the industry that it once was. It is now lagging behind in this age of constant insurance technology innovation. In the 1600s, Edward Lloyd made […]
What is Insly?
Since it’s inception in 1999, Salesforce.com has arguably been the poster child for Software as a Service (“SaaS”) and synonymous with the massive growth of cloud computing. Over the past decade, new players have followed suite and entered the SaaS market to provide alternative business solutions to enterprises of all shapes and sizes. And their […]
