Online insurance buying News

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 …

On-Demand Insurance Agency Trōv Expands Into U.S., Launches in Arizona

Trōv, a global on-demand insurance agency, has expanded into the United States, starting with insurance for single items in the state of Arizona. Munich Re’s Digital Partners provides underwriting capital through its global strategic alliance with Trov. The company’s Arizona …

XL Catlin Enhances Aviation Insurance Online Platform

XL Catlin has enhanced its online P&B aviation insurance platform, VB Bind Speed, with added, instant servicing options for brokers. According to Eric Donofrio, North America regional manager of XL Catlin’s aviation insurance business, the enhancements, give brokers instant online …

Online Property Management Service Cozy Takes On Renters Insurance Market

The renters insurance market has been a hard nut to crack for the industry, but an insurance carrier and online rental service platform hope their partnership may be the secret to breaking through. Cozy, an online property management site for …

Auto Insurance Customers Disappointed in Their Insurers’ Websites: J.D. Power

While overall customers are more satisfied with their experience shopping online for auto insurance, they are less thrilled with the websites of individual insurance companies, with only slightly more half saying they “definitely will” return to the site for their …

Expert: Targeting High-Risk Shoppers with Mobile Makes Sense

High-risk shoppers maybe one of the best segments for insurance agencies and carriers to target with online and mobile quoting and services. New data from online agency CoverHound shows high-risk shoppers are 93 percent more likely to conduct research for …