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Home Search results for "Insurance for Business"
Digital Transformation

Digital Transformation in the insurance industry

By Terra | Blog Posts | 3 comments | 19 July, 2021 |

Digital transformation, digitalization, digital maturity; these are all labels for the change from manual, cumbersome and time-consuming processes to digital, automated and efficient operation. It is based around the use of digital components, such as cloud services, Software as a Services, Infrastructure as a service, platform as a service, artificial intelligence and machine learning replacingRead more

Customer Satisfaction is a major factor in today's insurance industry

Customer Satisfaction in Claim Management

By Terra | Blog Posts | 3 comments | 23 June, 2021 |

A concept that has been gaining traction in the last 3 years is Customer Satisfaction when talking about websites, software and procedures across the board that involve a client performing an action in a platform. Customers want a product that is easy to use. If a product or product integration is not streamlined enough, customers will not be satisfied with theRead more

Cyber Attack on DC's Police department

Insurance lessons from the cyber attack at DC’s police department

By Terra | Industry News | 0 comment | 15 June, 2021 |

At the end of May, Washington DC’s police department experienced a ransomware attack that ended up with confidential documents on the Dark Web. The Babuk group adjudicated the attack and threaten to publish police department’s data, including HR.   According to Edition CNN News , the attackers posted a ransom note claiming they had stolen more than 250 GB of data and threateningRead more

Blanket contractual Liability

What is Blanket Contractual Liability?

By Terra | Blog Posts | 0 comment | 14 June, 2021 |

Blanket Contractual Liability insurance is a type of liability insurance that covers all contracts where the insured is assuming liability.   It is typically used when businesses work with third parties. According to the International Risk Management Institute (IRMI), Blanket Contractual Liability Insurance is “coverage applying to all liability assumed by the insured in contracts, whether reported to the insurer or not. “For example, if an insuredRead more

Commercial-Liability-Insurance

How to get the most out of your Commercial General Liability Coverage

By Terra | Blog Posts | 0 comment | 28 January, 2021 |

What is Commercial General Liability?  What happens when someone is shopping at the supermarket and a display of soda cans collapses on them?.   In a case like this, commercial general liability provides coverage to the grocery store for bodily injury, personal injury, and property damage.  1. Does commercial general liability cover everything surrounding my business? Although it is considered “comprehensive,” not all risksRead more

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  • Solutions
    • Claims Management
    • Policy Administration
    • Claims Benchmark
    • Connect Marketplace
    • Compliance Management
  • Who We Serve
    • Third-Party Administrators
    • Carriers
    • SIFs and SIGs
    • Captives
    • Managing General Agents
    • Medical Services Providers
  • Blog
  • Request A Demo
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