The future of P&C Insurance
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Expertise In Action - Big data: Thinking big - Post Online

Expertise In Action - Big data: Thinking big - Post Online | The future of P&C Insurance | Scoop.it
Expertise In Action - Big data: Thinking big
Post Online
The commercial world has developed an obsession with data, and the general insurance industry is no exception.
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Social media policy 'an absolute must'

Social media policy 'an absolute must' | The future of P&C Insurance | Scoop.it
US Airways isn't the only company reviewing its social media policies after an employee inadvertently (#socialmedia Social media policy 'an absolute must' http://t.co/tewLrydibh #RealTonyRocha)...
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The ROI Of Social Media [Infographic] | Social Media Today

The ROI Of Social Media [Infographic] | Social Media Today | The future of P&C Insurance | Scoop.it
 “What’s my return on investment?”This is a question we know all too well at Firebelly. We like to compare it to the ROI of a your mother because it’s almost impossible to put a value on everything she has done for you throughout your life.
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Addressing Risk in Core System Replacement

Addressing Risk in Core System Replacement | The future of P&C Insurance | Scoop.it
Risk and Insurance Online is produced by the leading
independent magazine for RISK executives offering targeted news,
columns and features, RISK search functions and more.
Lee Fogle's insight:

Good article on the risk of systems replacement and the causes of runaway projects.

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How the Internet of Things Changes Everything

How the Internet of Things Changes Everything | The future of P&C Insurance | Scoop.it

With more and more objects becoming smart and connected, the business worlds of manufacturing and software are experiencing an epic collision.


Via Tony Fish, Fred Thiel
Lee Fogle's insight:

Cars and homes become a part of the Internet of things, thus changing the methods of insuring these itmes and their occupants forever.

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Fred Thiel's curator insight, May 7, 2013 10:55 AM

Great discussion of the transformation traditional businesses will go through as more and more things become smart

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Predictive Smartphone Assistant Gives You a Heads-Up ...

Predictive Smartphone Assistant Gives You a Heads-Up ... | The future of P&C Insurance | Scoop.it
Mountains of data: Sherpa looks at your e-mail, calendar, and location to figure out when and where to present you with useful information. Google Now, an.

Via Fred Thiel
Lee Fogle's insight:

Highly applicable to the financial services sector.

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Fred Thiel's curator insight, March 26, 2013 3:03 PM

Google Now meets it match

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Revealed: Centuries Old Social Media Secret from the Vatican | Social Media Today

Revealed: Centuries Old Social Media Secret from the Vatican | Social Media Today | The future of P&C Insurance | Scoop.it
The white smoke gets out as word of success, but it's not the whole story. It's the hook. the next question everyone wants answered is "Who is the new Pope?" so they go looking for more information.
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Mary Meeker releases stunning data on the state of the Internet

Mary Meeker releases stunning data on the state of the Internet | The future of P&C Insurance | Scoop.it
Mary Meeker's huge, well-researched slideshows are a treasure trove of data on the state of the Internet. Here's her latest, with highlights called out by VentureBeat.

Via Fred Thiel
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'Context Marketing' --no question, it will definitely impact how insurance is sold(IMNSHO)

'Context Marketing' --no question, it will definitely impact how insurance is sold(IMNSHO) | The future of P&C Insurance | Scoop.it

Several years ago (in internet years, anyway) it became clear to some marketers that one of the best ways to capture market share was through creating amazing content. Whether through blog posts, ebooks, social media, cartoons, videos, whatever -- helpful, educational, and interesting content was the name of the marketing game.

Today, I think it's fair to say that not just some, but most marketers are on board with this whole "content-is-important-for-marketing" thing. Our 2012 State of Inbound Marketing Report, for example, showed that the average budget spent on company blogs and social media increased from 9% in 2009, to 21% in 2012. Furthermore, over 81% of marketers in the survey named their company blog as "useful" or better to their business. And LinkedIn, YouTube, Facebook, and Twitter were considered "useful" or better by over 60%. Cool, so it seems like a good chunk of us are on board and rocking it with content. So ...

... What next? For a while now, the industry has been leading up to the next phase of marketing that is finally here in full swing -- context marketing. Whether you know what that means or not (no worries, we're about to tell you), I think you'll find that it's something you've either dabbled in, or wanted to dabble in, for some time. But now, there's actually plenty of technology available to do more than just dabble in it! So this post is going to introduce you to the concept of context marketing, and show you just how powerful it can be if you incorporate it into your marketing strategy.

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Why your business needs a mobile website TODAY! [INFOGRAPH] | The Social Media Hat

Why your business needs a mobile website TODAY! [INFOGRAPH] | The Social Media Hat | The future of P&C Insurance | Scoop.it
Google is now giving preference to mobile-optimized websites in search results. Having a mobile website is going to increase your customer engagement, website traffic and sales. Not having a mobile website is going to help your competition.

Via TechinBiz
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New York Governor Imposes Rules to Speed Up Sandy Insurance Claims | PropertyCasualty360

New York Governor Imposes Rules to Speed Up Sandy Insurance Claims | PropertyCasualty360 | The future of P&C Insurance | Scoop.it
New York Governor Andrew Cuomo on Thursday imposed emergency regulations on insurers to speed the processing of claims from hundreds of thousands of state residents whose properties were damaged or destroyed when Superstorm Sandy struck a month ago.
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Secrets to Success for Social Media in Business in 2013

Secrets to Success for Social Media in Business in 2013 | The future of P&C Insurance | Scoop.it
What are the two or three critical success factors we should be focused on to move forward as a social business in 2013? Great question.
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Adverse Selection Warning Signs, a Valen White Paper

Adverse Selection Warning Signs, a Valen White Paper | The future of P&C Insurance | Scoop.it

Excellent white papers on the results of Predictive modeling in insurance.

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Data mining being used to set insurance rates, critics cry foul - Today.com

Data mining being used to set insurance rates, critics cry foul - Today.com | The future of P&C Insurance | Scoop.it
Data mining being used to set insurance rates, critics cry foul Today.com Robert Hunter, CFA's director of insurance, says price optimization is a data mining tool that lets insurance companies figure out which groups of customers are more likely...
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The Virgin Story: How to Create an Irresistible Brand Using Social

The Virgin Story: How to Create an Irresistible Brand Using Social | The future of P&C Insurance | Scoop.it
The Virgin Group is a brand that is impossible to ignore.
Lee Fogle's insight:

Hootsuite is a great tool for tracking social sentiment for your brand. Only a small handful of Insurers are currently employing these type tools for Brand-powering.

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iPartners Earns “Leading Vendor” Status for Fifth Time in Celent's Insurance ... - Fort Mills Times

iPartners Earns “Leading Vendor” Status for Fifth Time in Celent's Insurance ...
Lee Fogle's insight:

Great company. Well deserved recognition.

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Customer Data Protection : An important topic for Business today.

Customer Data Protection : An important topic for Business today. | The future of P&C Insurance | Scoop.it
With more of an emphasis on Businesses to store customer data for verious reasons
there is an increase responsibiliy on Business to properly secure this data correctly
and avoid a Data Breach which

Via TechinBiz
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CEOs optimistic about IT innovation and investment, says Gartner

CEOs optimistic about IT innovation and investment, says Gartner | The future of P&C Insurance | Scoop.it
A survey of CEOs and senior executives from Gartner finds the business climate right for IT investment to drive business development (CEOs optimistic about IT innovation and investment, says Gartner http://t.co/1We6Oo7KmS...

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Real Time Understanding

Real Time Understanding | The future of P&C Insurance | Scoop.it
With the power of social media, public sentiment can effect your business in real time. Malcolm De Leo shares some tips on how to adapt to this new reality by harnessing fast and accurate listening data.
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Lee Fogle's comment, March 14, 2013 10:41 AM
Insurance companies in consumer lines take heed.
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Mobile Internet Devices Set To Outnumber Humans At The End Of 2013, Cheap ... - SourceWire (press release)

Atlanta Black Star
Mobile Internet Devices Set To Outnumber Humans At The End Of 2013, Cheap ...

Via TechinBiz
Lee Fogle's insight:

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Report: Insurers Must Improve e-Service Functionality

Report: Insurers Must Improve e-Service Functionality | The future of P&C Insurance | Scoop.it
Gartner cautions that social, mobile, cloud and information are driving new and different business scenarios that insurers ignore at their own peril.
Lee Fogle's insight:

Spot on. Too many carriers are just nodding and giving lip service to these type warnings but doing nothing about it. Agile players enabled so by leveraged technology will eat these carriers' lunch and pop the bag.  

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Malaysia-Finance Blogspot: Important Trends & Facts For The Mobile Internet Age

Malaysia-Finance Blogspot: Important Trends & Facts For The Mobile Internet Age | The future of P&C Insurance | Scoop.it

Note especially the trend toward asset light. What effect will that hae on the written premium of P&C insurance gloabally? Or is is possible for our global culture to even consider asset-light?

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Social/Local/Mobile's real promise: More data

The nexus of social, local and mobile – the so-called SoLoMo revolution – represents a great opportunity for companies to connect with their customers and potential customers.
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