Roughly 1,000 life insurance companies sell life insurance in the U.S., but many are members of groups of companies and so aren’t really competitors with each other. Having separate companies ena
Category: Insurance Company
How Do Insurance Companies Make Money?
Insurance companies make money by betting on risk – the risk that you won’t die before your time and make the insurer pay out, or the risk your house won’t burn down or your SUV w
How Do Insurance Companies Make Money? Business Model Explained
Insurance companies base their business models around assuming and diversifying risk. The essential insurance model involves pooling risk from individual payers and redistributing it across a large
Consequences of lying to your car insurance company
When you apply for car insurance you’re asked a few questions before you can get a quote. The insurance company wants to know where you live, what car you drive and all about your driving history
8 things to look for in an insurance company when you’re planning to retire at 50
Planning to retire at 50? A trusted insurance company can help you secure your future with health protection or investments that help grow your money. Choosing an insurance company in the Philippin
Digital transformation in the insurance sector: opportunities and challenges
The pandemic has changed the way insurers operate. Several processes such as sales, service, and others have been moved across to digital channels. In part, this context of transformation is motiva
The Best Life Insurance Providers in the Philippines 2021
When it comes to life insurance in the Philippines, many Filipinos view it as a liability instead of a source of funds in case of an unforeseen accident or sudden death. However, this belief is cha
How Do Insurance Companies Make Money? Business Model Explained
Insurance companies base their business models around assuming and diversifying risk. The essential insurance model involves pooling risk from individual payers and redistributing it across a large