direct insurance sales News

Direct Sales of Small Business Insurance Poised to Grow to $12B by 2025: Novarica

Over the past decade, selling small commercial insurance directly online to customers has gone from an outlandish idea to a reality. In a new report, research and advisory firm Novarica projects significant growth in the market as insurtechs and major …

Universal P&C’s Direct-to-Consumer Homeowners Site Now Selling in 10 States

Universal Direct, a direct-to-consumer online platform for Universal Property & Casualty Insurance Co. homeowners insurance, is now available in Florida, Hawaii and North Carolina. With these additions, the direct business model is now available in 10 states, including Delaware, Georgia, …

Berkshire Unit Prepares to Sell Insurance Direct to Business via Internet

Berkshire Hathaway Inc. won the top financial-strength rating from A.M. Best Co. for a unit that plans to sell insurance directly to businesses over the Internet, paving the way for Chairman Warren Buffett to expand his company’s insurance operations. Berkshire …

Oktoberfest Insurance App Highlights German Digital Trend

For some, being prepared for Oktoberfest means downloading an app that points you to the nearest restroom or helps you decipher Bavarian dialect. A novelty at this year’s event is an online casualty insurance with 50,000 euros ($63,500) in accident …

MAPFRE Details Future Plans – U.S. Expansion, Increased Operating Revenue

Spanish insurance group MAPFRE’s Chairman and CEO, Antonio Huertas, referred to the strategic objectives for the next three years, as he announced the highlights at its Annual General Meeting. The group forecast operating revenues by 2016 at €30 million [$41 …