Posts Categorized: Insurance News

Technology’s influence on the relationship between customers and Insurance Companies

Posted by & filed under Company News, Insurance News.

What does Technology have to do with personal relationships as a mutual insurer? A recent Insurance Journal article highlighted 10 items that regulators critiqued insurers on during a market conduct survey; of the 10 items that regulators surveyed, 8 of them can be solved by using solid technology options, such as Priority Data’s  PDSpectrum or […]

Priority Data Recognized In All Six INN VIP Award Categories

Posted by & filed under Company News, Insurance News.

Priority Data is proud to be one of only 12 companies to receive votes in all six of Insurance Networking News’ Vanguards in Insurance Practice Awards.  Over 173 companies received votes from insurance companies in six different categories. These votes come directly from clients of each vendor, which makes these votes even more meaningful. “We […]

Priority Data to provide Full Insurance Processing System: NFMRA signs contract with Priority Data for PDSPECTRUM

Posted by & filed under Company News, Insurance News, Partnerships, Press Releases.

Priority Data, an Omaha, NE based software and outsourcing firm, is in the final stages of development of a full insurance policy processing and management system (PDSpectrum) to serve primarily Mutual Insurance Companies and Managing General Agencies.  Nebraska Farmers Mutual Reinsurance Association (NFMRA), a Wahoo, NE based company, has signed a contract with Priority Data […]

Insurance Industry Turnover

Posted by & filed under Insurance News.

A recent study highlighted in this Insurance Journal article says that 25% for insurance agency owners or principals plan to retire or otherwise sell their agencies in the next five years.  This is significant turnover in a key role in the industry.  There are certainly other roles in the industry that will experience significant turnover as well […]