This has been an exciting month for a couple of reasons – firstly, I joined the LOGiQ3 team as our Inside Sales Specialist and have spent this week getting to know the great group of people here. Second, there have been some exciting things going on in the insurance industry which will broaden the value offering clients have access to and also drive a more customer-centric industry. Check out a few of the major announcements that have been made below:
Think about the last vacation you went on. How did you prepare? Did you get insight from a travel agent, ask your friend for tips or spend hours online to build the perfect itinerary? Regardless of your method, you likely did some kind of research. And rightly so. You want to make sure your time and money are spent wisely so you get the most out of your well-deserved vacay. Making the effort to research before investing (time or money) into something can definitely pay off – especially in your career. Whether you are just starting out, managing a team or leading a company – research should play a key role in shaping decisions for yourself and the organization you are part of.
Over the past 10 years, we’ve seen how research can play a fundamental role to success in the life and re/insurance industry. If research isn’t your forte, we’re breaking down 3 ways to leverage research in the insurance world.
*Disclaimer: This is a modified version of the article that appeared in EIF's brochure: Change Agents in the New World of Insurance*
I recently attended the European Insurance Forum which brought together industry leaders to discuss the resources needed to deal with the future landscape of insurance and risk. Today, thanks to technology, the insurance industry is changing rapidly with no signs of slowing down. In order to thrive in the new world of insurance, companies are and will be continuing to invest in strategies for effective adoption of new trends and technologies.
This is no easy task for an industry that has been accustomed to tradition, as opposed to innovation, for so many years. So how do you navigate through today’s insurance world that is at the tipping point of massive change? Our goal is to make the journey simple for you.
Toronto, ON, August 29, 2014 – Expert provider of life insurance and reinsurance consulting, outsourcing and training services, LOGiQ3, officially announces the name and brand of its subsidiary corporation: APEXA Corp., the solution for higher standardization, connectivity and confidence in contracting and compliance for the Canadian life insurance industry.
The APEXA initiative is an industry-led solution that has partnered with several bodies including Canada’s largest life insurance carriers and brokerage managing general agencies, independent advisors and companies as well as the nation’s provincial regulators. Working closely with the Canadian life insurance community in order to deploy its industry standard solution, APEXA will provide secure communication channels, verified life insurance advisor data and standardization for compliance and screening.
Appreciated the opportunity to attend the International Claims Association Annual Meeting in Orlando, FL a week or so ago and to present on a panel on “Reinsurance 101 – Claims Audits”. Getting to visit face-to-face with colleagues is always a good opportunity to learn what’s currently relevant and to exchange views.