4 strategic ways to achieve a 12 – 15% expense ratio | Insurance Blog
Navigating the competitive P&C personal lines market The global P&C personal lines market, which historically saw premium growth at 3%, has risen sharply to more than 15% in the last two years. Despite this premium growth, the expense ratio for most insurers remains in the high-cost range of 20 – 30%. The need for operational […]
Prepare now for 2025 Open Enrollment
Open Enrollment for 2025 Marketplace health insurance starts on November 1! Take a few minutes today to get ready to streamline the enrollment process for a smoother experience. Image Prepare now to save time later Use this checklist (PDF, 163 KB) to collect documents and information you may need before starting your application on November […]
The Allstate Corporation announces availability of fourth quarter 2024 results
NORTHBROOK, Ill., Feb. 5, 2025 – The Allstate Corporation (NYSE: ALL) has filed a Form 8-K reporting its financial results for the quarter ended Dec. 31, 2024. You can find the Form 8-K, including the earnings release and investor supplement, on the company’s page at sec.gov. These materials are also now available at www.allstateinvestors.com, including […]
Are you ready for Open Enrollment?
Open Enrollment for 2025 Marketplace coverage starts November 1. Open Enrollment is right around the corner. Make sure you’re ready. Image Did you: Gather basic information (PDF, 163 KB)? You can fill out your application faster if you’re ready with information like birthdates and Social Security Numbers (SSNs). Check to see if you might save […]
Allstate Announces January 2025 Catastrophe Losses and Policies in Force
NORTHBROOK, Ill., February 20, 2025 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of January of $1.08 billion or $849 million, after-tax. Catastrophe losses included three events with approximately $1.07 billion related to the California wildfires. The California wildfire event estimate includes reinsurance reinstatement premiums, an estimated California FAIR Plan assessment and is net of estimated […]
5 areas of algorithmic underwriting advantage | Insurance Blog
Use of algorithmic underwriting is increasing across the insurance industry. With enhanced decision-making and improved risk assessments, an algorithmic approach to underwriting can optimize operations for insurers and experience for their customers. In this post we delve into the evolution and advantages of algorithmic underwriting and share our insights on building and scaling an algorithmic […]
Preview 2025 plans & prices now!
Jump start Open Enrollment for 2025 coverage by previewing plans with personalized price estimates based on your estimated income and household size. Image Preview personalized 2025 plans & prices Take a sneak peek at 2025 plans and price estimates now to get ahead for Open Enrollment starting November 1. You’ll answer a few quick questions about […]
Beyond premiums: What really drives customer loyalty? | Insurance Blog
Personal lines insurance is very price-sensitive. As discussed previously, maintaining a 20+% expense ratio is not feasible for insurers. Beyond pricing, what truly fosters customer loyalty, and how can insurers compete to increase their market share? In this blog, I explore strategies for enhancing customer loyalty and retention, provide forecasts on the evolving risk landscape […]
Tech hardware risk management guide
When it comes to tech hardware risk management, the more the better. As a tech hardware company, you’re not just in the business of creating innovative products. You’re also in the business of managing complex risks across your supply chain, manufacturing processes, and product lifecycle. Whether you’re producing consumer electronics, industrial equipment, or specialized components, […]
Enroll in 2025 Marketplace health insurance: Apply today!
Published on November 1, 2024 Don’t delay — enroll today! Open Enrollment for 2025 health insurance is here. Enroll in a new plan or change your coverage for the year ahead. Notice: Enroll by December 15, so your coverage can start January 1. Open Enrollment ends on January 15, 2025. Apply and enroll at HealthCare.gov […]