This is the second in a two-part series. Read part one here. Will generative AI take my job? PricewaterhouseCoopers admits that “No one yet knows the long-term impact of AI on overall employment.” Just a few years ago—prior to the advent of generative AI—the same company acknowledged that established forms of artificial intelligence aren’t boosting… Read More
Insurtech
Insurance and generative AI: The future, love it or hate it–part 1
This is the first in a two-part series. The discovery of certain weaknesses inherent in generative AI has been a cause for amusement, even relief, among some. Since its public debut in autumn 2022, ChatGPT and its analogs have been the subject of a great deal of hype, hope and fear. But not everybody is… Read More
How Protector Plans launched their Executive Liability plan and saw immediate success
Protector Plans, a group of Arrowhead Programs companies, recently rolled out their Protector Plans Executive Liability (PPEL) program. This project is bolstered by an experienced team of underwriters, product specialists and claims professionals—all with the backing of an A- (XV) rated carrier. The PPEL plan has been designed for private and not-for-profit companies via a… Read More
Insurtech is at an inflection point
This article by Tom Kussurelis, SVP and chief operating officer of Arrowhead Programs, was published Sept. 11 in Insurance Thought Leadership. Insurtech investment has fallen from its highs in 2021. CB Insights says global Insurtech funding in 2022 actually dropped below $1 billion for the first time since 2018. Boston Consulting Group reported that funding in… Read More
How our Strategic API team is broadening our market reach
“Our venture into APIs and third-party distribution platforms started in 2020. Using an API, we wanted to allow agents to submit business in a more streamlined fashion, which will increase our submissions and bound policies,” explains Tiffany Poletti, Core Commercial’s COO. “Whether you call them aggregators, comparative raters or third-party distributors, they create a greater… Read More
Turning crisis into opportunity: Insurance claims technology
This article was written by ACM President Dhara Patel and appeared in the Sept. – Oct. 2021 issue of Claims Magazine. ACM was formerly part of Arrowhead Programs and Services. There’s a saying, “Never let a good crisis go to waste.” In our line of work, it sometimes takes an emergency to trigger innovation. The pandemic… Read More
How ACM’s Insurtech tools help streamline the claims process
American Claims Management (ACM), formerly one of Arrowhead Programs’ services companies, is a nationwide third-party claims administrator specializing in both commercial and personal lines. Continually innovating to streamline the claims process, ACM has added numerous Insurtech tools to solve claims more accurately and timely. Industry-leading claims platform ACM’s claims platform is a pure browser-based system… Read More
Transforming into a digital-first company
by Jimmy Saldana, Arrowhead Programs’ Director of Strategic Innovation, as published in CB Insights Insurance is not an industry that was built to be digital-first. Legacy systems and burdensome regulations present challenges that do not allow us to move as fast as other industries moving towards becoming digital-first companies. In today’s world, customers expect a… Read More
How innovative technology has paved the way for MGA growth
How Arrowhead Programs’ innovative technology focus has boosted their companies’ growth Arrowhead Programs and parent company Brown & Brown pride themselves on the innovative technology built within its four walls as well as brought in from the Insurtech world. These innovations, in the form of new platforms, tools and more have already begun to increase… Read More
How Quick Quote’s innovative technology helped streamline the quoting process
Quick Quote takes the “work” out of workers’ comp Although it’s a vital coverage for every business, workers’ compensation is complicated and often difficult to quote and write. Arrowhead, part of Arrowhead Programs, launched an online system that radically streamlined the process several years ago. Called Quick Quote, the platform was upgraded last fall to… Read More