bydadmin, Author at Silvervine Software

bydadmin

Author Archives: bydadmin

Silvervine Successfully Completes SOC 1, Type 2 Audit

The comprehensive audit ensures top-level data security features covering compliance, governance and risk. Silvervine Software announced today that it has completed a SOC 1 (Statement on Standards for Attestation Engagements No. 18 (“SSAE 18”)) Type 2 examination. The audit was performed by 360 Advanced, Inc., a full-service IT assurance, compliance and security firm that specializes […]

Emerging Models in P&C Insurance: IaaS and On-demand

We live in an instant, mobile and on-demand world. Consumers and businesses expect to buy everything they need online, in a matter of minutes. We’ve already seen these trends disrupt many other industries and the insurance industry is not immune. It’s time for insurers to move beyond online quotes to online everything. With this […]

Telematics in 2021: Have We Reached the Tipping Point?

Consumers may be ready to embrace telematics – even if insurance professionals don’t realize it yet. Here’s why 2021 may see a surge in the use of telematics. Business Owners Are Interested in Telematics Insurance agents are missing out on opportunities if they don’t talk to their commercial auto clients about telematics. That’s a takeaway […]

Planning for 2021 Tech: Four Key Considerations

Are you ready for 2021? 2020 has brought unprecedented challenges and rapid transformations. Consumer expectations have changed, and insurers need the right technology if they want to maintain a competitive edge. As you prepare the new year, take some time to assess your readiness in the following areas #1 Your Policyholder Mobile App Pew Research […]

SILVERVINE INSURANCE SOFTWARE LAUNCHES POLICYHOLDER MOBILE APP

Silvervine Mobile positively enhances the way insurers and policyholders exchange information and conduct business. Silvervine Software is proud to introduce Silvervine Mobile, a smartphone-based telematics and digital customer engagement solution powered by Xemplar Insights, a leading provider of digital transformation tools. Built to instantly enable self-service channels for policyholders and provide granular driver behavior data […]

SILVERVINE INSURANCE SOFTWARE LAUNCHES EVERGREEN

Silvervine has announced the release of Evergreen, an ageless insurance policy administration system, built for the future. Evergreen combines advanced technologies and domain-driven design, outfitting insurers with a core system that evolves with the times – ever proven, ever reliable and ever efficient. The result? A platform that provides stability, efficiency, convenience and customizability – […]

Three Direct-to-Consumer Insurance Sales Trends You Can’t Afford to Ignore

The direct-to-consumer (D2C) model has gained steam in recent years, and it shows no sign of slowing down. Consumers comparison shop for everything online – from cars to smartphones. New data reveals that they have the same shopping expectations for insurance. Trend #1: The D2C Model Earns the Most Market Share for Past Two Years […]

Will P&C Insurers Be on The Hook for Business Interruption?

p&c-insurers-on-the-hook-for-business-interruption

The P&C insurance industry might not be as immune to COVID-19 as previously assumed. Although many P&C policies exclude losses caused by communicable diseases, insurers may still end up on hook for coronavirus-related business interruption. Business Interruption Like Never Seen Before Right now, an unprecedented number of businesses are dealing with business interruption due to […]

How Auto Insurers Can Win Gen Z Drivers

A new generation is stepping into the driver’s seat. Here’s what auto insurance can do to earn their business. Getting to Know Gen Z According to Pew Research Center, the cutoff year for Millennials is 1996. Anyone born between 1997 and about 2012 belongs to Generation Z. In 2020, the oldest Gen Z members are […]

Don’t Get Bitten by EKANS, the Newest Ransomware Risk

Is there a snake in your computer system? Snake ransomware has emerged as a new threat, and industrial control systems could be at risk. The malware is also called EKANS, the backwards spelling of snake – but whichever term people use, it’s got a venomous bite. Here’s how this new cyberattack could threaten your operations. […]