One challenge which is being highlighted is the impact of COVID-19. The pandemic has significantly impacted the global insurance industry and premium collection. Auto insurance as a category suffered a major setback due to a drop in automobile sales and restrictions on movement. Renewals and fresh policies across most insurance segments experienced a slew of cancellations or postponements due to lower incomes among policyholders. The economic slowdown and muted cashflows also impacted demand from corporate sectors, especially small- and medium-scale businesses. Some insurance segments have therefore had to significantly reduce premium rates due to the crisis. By identifying such challenges, BizVibe is helping users analyze which suppliers are right for their business, while allowing them to efficiently monitor the risk of doing business.
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Key Insights Provided for Insurance Carriers
In addition to analysis on how key challenges are expected to impact businesses, BizVibe company profiles contain numerous high-quality insights to help users discover, track, compare, and evaluate suppliers or sales prospects. These insights include:
- Relevance and influence of industry trends and challenges, segmented by region
- Press releases and news coverage referencing key trends and challenges
- Risk of doing business score, segmented by operational, financial, compliance, and country risk
- Top company competitors at the global, regional, and national levels
- Names of top company decision makers, including job titles and social profiles
- Company financials such as annual revenue, profitability ratios, and management effectiveness
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Insurance Product and Service Categories
BizVibe's platform provides access to over 10 million buyer and supplier company profiles. Businesses from more than 200 countries are categorized into 40,000+ product and service categories, each providing detailed insights tailored to the needs of procurement and sales teams globally. The insurance carriers industry group features 28,000+ company profiles categorized into 10+ product and service categories, enabling clients to identify and connect with potential new business partners across diverse market segments.
Product and service categories for the insurance carriers industry include:
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BizVibe for Buyers and Sellers
BizVibe is a modern B2B platform dedicated to connecting buyers and sellers from around the world. Powered by the latest best-in-class solutions, BizVibe is designed to help companies generate leads, shortlist suppliers, request proposals, and identify global companies. Evaluate companies side-by-side to compare key metrics and initiate productive partnerships.
Buyers use BizVibe to discover suppliers from among more than 5 million companies using advanced search filters and comparison tools. Features for buyers include:
- Shortlist potential suppliers
- Track and compare companies
- Set up custom news alerts
- Quickly create and customize RFIs
Explore BizVibe's buyer services: https://www.bizvibe.com/buyers
Sellers can take advantage of BizVibe's smart sales intelligence tools to discover, evaluate, and communicate with prospects across 300+ categories. Features for sellers include:
- Identify and qualify sales prospects
- Receive customized prospect recommendations
- Analyze and evaluate potential buyers
- Integrate CRMs for efficient data transfer
Discover BizVibe's seller tools: https://www.bizvibe.com/sellers
About BizVibe
BizVibe has been conceptualized and built by a team based out of Toronto, Bangalore, and London. We are a branch of Infiniti Research and have dedicated units in all three locations. BizVibe helps buyers find the most relevant suppliers from around the world and helps sellers target prospects who need their products and/or services. For more information, please visit www.bizvibe.com and start for free today.
Contact
BizVibe
Jesse Maida
Email: [email protected]
+1 855-897-5880
Website: https://www.bizvibe.com/
SOURCE BizVibe
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