Critical illness insurance

AF Group Named "Automation Champion of the Year" Award Recipient at Excellence in Insurance, Sponsored by Insurity

Retrieved on: 
Tuesday, November 28, 2023

Insurity , a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that AF Group was named "Automation Champion of the Year" at Excellence in Insurance.

Key Points: 
  • Insurity , a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that AF Group was named "Automation Champion of the Year" at Excellence in Insurance.
  • It recognized the outstanding performances of P&C organizations in categories including exceptional policyholder service, digital transformation, and innovative excellence in data and analytics.
  • AF Group is a nationally recognized holding company whose affiliated insurance companies are premier providers of specialty insurance solutions offered through independent agents nationwide.
  • "AF Group is grateful to be named the Automation Champion of the Year by Insurity," said Samuel Hosey, Director, Innovation at AF Group.

Amerisure Mutual Insurance Company Champions Innovation with Investment in Next-Generation Technology through Insurity’s Sure Premium Audit and Payroll Validator Solutions

Retrieved on: 
Thursday, November 2, 2023

Sure Premium Audit enables Amerisure to automate its premium audit processes with payroll validation and online data collection portals for policyholders and agents.

Key Points: 
  • Sure Premium Audit enables Amerisure to automate its premium audit processes with payroll validation and online data collection portals for policyholders and agents.
  • “We’ve seen a transformative shift in how we manage our audit processes with integrating the Payroll Validator tool,” said John Coffaro, Premium Audit Manager at Amerisure.
  • Seeing the tangible results from Sure Premium Audit and Payroll Validator reinforces the value of our long-standing relationship.”
    The investment in such technology reflects Amerisure’s forward-thinking approach and commitment to excellence.
  • For more information about how Sure Premium Audit and Payroll Validator can benefit your organization, please reach out to [email protected] .

Washington National Releases New Critical Illness Insurance Product

Retrieved on: 
Monday, October 23, 2023

CARMEL, Ind., Oct. 23, 2023 /PRNewswire/ -- Washington National Insurance Company, a national provider of supplemental health and life insurance products for middle-income Americans, today announced the introduction of its new Critical Illness Insurance product. Available for individual and worksite sales, Critical Illness Insurance offers financial protection in the form of lump-sum cash benefits and helps ensure financial security for policyholders and their families when they are faced with an unexpected critical illness such as cancer, heart attack and/or stroke.

Key Points: 
  • Provides Financial Protection to Those Faced With an Unexpected Critical Illness Such as Cancer, Heart Attack or Stroke
    CARMEL, Ind., Oct. 23, 2023 /PRNewswire/ -- Washington National Insurance Company, a national provider of supplemental health and life insurance products for middle-income Americans, today announced the introduction of its new Critical Illness Insurance product .
  • Washington National's Critical Illness Insurance also offers policyholders the flexibility to use their cash benefits without restrictions, including out-of-pocket expenses, deductibles, coinsurance, living expenses, and everyday bills.
  • "Policyholders and their families need supplemental health benefits, like Critical Illness Insurance, to give their family extra financial protection.
  • To learn more about Washington National Critical Illness Insurance and company's full suite of voluntary benefits, which include insurance products covering accident, cancer, heart and stroke, life and hospital, please visit WashingtonNational.com .

Unum provides extra coverage for pregnancy complications, added cancer benefits and life-threatening illnesses

Retrieved on: 
Monday, July 17, 2023

Unum's critical illness insurance, which provides benefits upon diagnosis of a serious illness or medical event, is adding more financial protection for policyholders and their families.

Key Points: 
  • Unum's critical illness insurance, which provides benefits upon diagnosis of a serious illness or medical event, is adding more financial protection for policyholders and their families.
  • "Providing coverage that includes enhanced protection for critical illnesses is an investment in the well-being and security for employees, said Tom Dupuis, VP of Products.
  • According to the American Cancer Society, there were 1.9 million new cancer cases diagnosed in the U.S. in 2022.
  • Unum has introduced a new cancer benefit that provides ongoing support and coverage.

Insurity to Provide Sure Claims Payments as a Standalone Offering, Allowing Insurers to Go Live with the Cloud-Based Solution in Just 4 Weeks

Retrieved on: 
Wednesday, May 17, 2023

Sure Claims Payments, powered by Dream Payments and connected to J.P. Morgan Payments, enables P&C insurance organizations to pay claims in as little as 30 seconds with integrated digital payment options.

Key Points: 
  • Sure Claims Payments, powered by Dream Payments and connected to J.P. Morgan Payments, enables P&C insurance organizations to pay claims in as little as 30 seconds with integrated digital payment options.
  • Previously, Sure Claims Payments was only available to insurance organizations through integrations with Insurity's cloud-based claims solutions and APIs for non-Insurity claims systems.
  • Sure Claims Payments now comes with the new Express Launch capability enabling insurance organizations to launch digital payments in as little as four weeks.
  • "Sure Claims Payments is already accelerating the claims payments process, providing insurance organizations with the ability to issue digital payments in their claimant's chosen method while scaling to meet high claims volumes," said Sylvester Mathis, Chief Insurance Officer at Insurity.

Japan Health Insurance Market (2022-2027) by Plan Type, Duration, Application, Coverage, Type, Age Group, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 1, 2022

Japan's Health Insurance Market is segmented based on Plan Type, Duration, Application, Coverage, Type, and Age Group.

Key Points: 
  • Japan's Health Insurance Market is segmented based on Plan Type, Duration, Application, Coverage, Type, and Age Group.
  • Plan Type, the market is classified into Medical Insurance, Critical Illness Insurance, Family Floater Health Insurance, and Others.
  • Coverage, the market is classified into Preferred Provider Organizations, Point of Services, Health Maintenance Organization, and Exclusive Provider Organisation.
  • The report presents a detailed Ansoff matrix analysis for Japan's Health Insurance Market.

India Health Insurance Market Report 2022-2027: Increased Cost of Healthcare & Private Organisations Providing Employer-Sponsored Health Insurance Plans Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 5, 2022

India's Health Insurance Market is segmented based on Plan Type, Duration, Application, Coverage, Type, and Age Group.

Key Points: 
  • India's Health Insurance Market is segmented based on Plan Type, Duration, Application, Coverage, Type, and Age Group.
  • Plan Type, the market is classified into Medical Insurance, Critical Illness Insurance, Family Floater Health Insurance, and Others.
  • Coverage, the market is classified into Preferred Provider Organizations, Point of Services, Health Maintenance Organization, and Exclusive Provider Organisation.
  • The report presents a detailed Ansoff matrix analysis for India's Health Insurance Market.

UK Health Insurance Market Value to Reach $245.7 Billion in 2028 from $151.8 Billion in 2022 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 28, 2022

The UK's Health Insurance Market is estimated to be USD 151.8 Bn in 2022 and is expected to reach USD 245.7 Bn by 2027, growing at a CAGR of 10.11%.

Key Points: 
  • The UK's Health Insurance Market is estimated to be USD 151.8 Bn in 2022 and is expected to reach USD 245.7 Bn by 2027, growing at a CAGR of 10.11%.
  • A complete analysis of the market, including the parent industry
    The UK's Health Insurance Market is segmented based on Plan Type, Duration, Application, Coverage, Type, and Age Group.
  • Plan Type, the market is classified into Medical Insurance, Critical Illness Insurance, Family Floater Health Insurance, and Others.
  • The report presents a detailed Ansoff matrix analysis for the UK's Health Insurance Market.

Global Insurance Providers Market Report 2022: Pay-as-you-Drive (PAYD) and Pay-how-you-Drive (PHYD) Services are Growing Rapidly in Europe, Asia and America - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 24, 2022

Eastern Europe was the smallest region in the global insurance providers market.

Key Points: 
  • Eastern Europe was the smallest region in the global insurance providers market.
  • Key financial deals which have shaped the market in recent years are identified
    The insurance providers market section of the report gives context.
  • It compares the insurance providers market with other segments of the insurance (providers, brokers and re-insurers) market by size and growth, historic and forecast.
  • It analyses GDP proportion, expenditure per capita, insurance providers indicators comparison
    By Type: Life Insurance Providers; Property And Casualty Insurance Providers; Health And Medical Insurance Providers
    Subsegments Covered: Term Life Insurance; Whole Life Insurance; Variable Life Insurance; Equity Indexed Life Insurance; Accidental Death Insurance; Other Life Insurance; Automobile Insurance Carriers; Malpractice/Indemnity Insurance Carriers; Fidelity Insurance Carriers; Mortgage Guaranty Insurance Carriers; Homeowners Insurance Carriers; Surety Insurance Carriers; Liability Insurance Carriers; Hospitalization Insurance; Hospital Daily Cash Benefit Insurance; Critical Illness Insurance; Domiciliary Insurance; Others - Health & Medical Insurance Providers
    Time series: Five years historic and ten years forecast.

Survey: 3 in 4 Employees Consider Voluntary Benefits as a Deciding Factor for Whether They Work for and Stay with an Employer

Retrieved on: 
Monday, September 20, 2021

The survey found that according to HR professionals, voluntary benefits improve retention and employee engagement and help attract new talent.

Key Points: 
  • The survey found that according to HR professionals, voluntary benefits improve retention and employee engagement and help attract new talent.
  • Employees increasingly recognize that voluntary benefits play a major factor in their decision to work for and/or stay with an employer.
  • Voluntary benefits are increasingly affecting employees decision to work for and/or stay with an employer.
  • Today, three in four employees (76%) said voluntary benefits would impact their employers ability to retain them compared to 68% in 2020.