Digital Insurance News

Pros and Cons of the Rise of Online Insurance Platforms: Geneva Association

Online platforms can foster insurance market transparency and reduce both transaction costs and information asymmetries, factors typically associated with increased competition and societal welfare. However, online insurance platforms also give rise to challenges concerning consumer protection and competition that should …

Lending Tree to Buy Online Insurance Service QuoteWizard for $370M

Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces. Since its founding in 2006, QuoteWizard has helped nearly 40 million consumers shop for auto, home and health insurance …

1-in-5 Consumers Say They’d Use Amazon or Google for Home Insurance

One-in-five consumers say they would use Amazon or Google for their home insurance, a J.D. Power survey released today shows. And most of those who took the survey (80 percent) already have insurance with a large national carrier. Both Google …

Deutsche Bank Forms Bancassurance Partnership with Digital Broker Friendsurance

Deutsche Bank and digital insurance broker Friendsurance have formed a partnership designed to make it simpler and more transparent and convenient for clients to arrange for their insurance needs. To drive this, Deutsche Bank said it will integrate Friendsurance’s digital …

Robo-Insurance Agents? Bring ‘Em On, Phygitally, Say Consumers

Seven in 10 consumers around the world would welcome robo-advisory services – computer-generated advice and services that are independent of a human advisor – for their banking, insurance and retirement planning, according to a report by consultants at Accenture. Close …

Chicago-Based Linden Group Joins Digital Benefit Advisors

Linden Group Health Services has joined Digital Benefit Advisors (DBA), a division of Digital Insurance. Digital acquired the Chicago firm, which specializes in group benefits solutions for small to mid-sized companies, and will open a second DBA office in Chicago, …

Digital Insurance Acquires Fallick in Northern California

Employee benefits agency Digital Insurance has acquired Fallick Insurance Services of Mountain View, Calif. Fallick joins the Los Altos/Silicon Valley office of Digital Benefit Advisors, a division of Digital Insurance. Digital is a wholly owned subsidiary of Fidelity National Financial.

Digital Insurance Buys Group Brokerage Insurance Agency in Massachusetts

Atlanta-based benefits broker Digital Insurance has acquired Group Brokerage Insurance Agency of Cambridge, Mass. The nearly 30-year-old Massachusetts-based benefits firm will now operate under the banner of Digital Benefit Advisors (DBA), a division of Digital Insurance. It will be Digital …

Digital Insurance Buys North Carolina Benefit Broker BSD

Atlanta-based benefits broker Digital Insurance has acquired Benefit Services & Design (BSD) of Raleigh, North Carolina. The 30-year-old BSD has been merged with the Raleigh office of Digital Benefit Advisors (DBA), a division of Digital Insurance. BSD Principals Taylor Uzzell …

Digital Insurance Acquires Tennessee’s Capital Benefits Group

Atlanta-based employee benefits agency Digital Insurance has acquired Tennessee’s Capital Benefits Group. It marks Digital’s first office in Tennessee. Terms were not disclosed. Capital Benefits Group, which has 800 clients and 16 staff members, has become part of Digital Benefit …