This brief takes a closer look at the life insurance coverage, acquisition channels, and knowledge of American consumers, with a particular focus on LMI consumers.
To show how disability insurance can augment financial resilience, this brief examines short- and long-term disability insurance coverage, acquisition channels, and knowledge of American consumers, with a focus on LMI consumers.
In this article, Theresa Schmall addresses the opportunity for insurance providers to embrace innovative technology that benefits both businesses and customers alike. Read the article >>
Explore three major insurtech advances that could help more Americans weather financial shocks successfully, as well as potential pitfalls for insurers working to align business incentives with customer needs.
In this article, Sarah Parker discusses insights gained from the Financial Health Network’s research looking at the insurance needs of low- to moderate income Americans. She provides three main takeaways for the insurance industry about how to stay relevant in today’s changing landscape. Read the article >>
This infographic shows how low-to-middle income households prepare for and handle financial shocks.
By Sarah Parker, Director and Insurance Working Group Lead, Financial Health Network Navigating the hype cycle of the insurtech boom can be a challenge for any financial services veteran. To help us sort it out, I sat down with Wayne Allen, the COO of Insurance Thought Leadership. As an attorney, Wayne has advised entrepreneurs and…
This paper examines the connections, similarities, and differences between consumer financial health and the financial health of small businesses.
By Thea Garon, Financial Health Network As the healthcare debate rages on in America, it’s not often that we stop to consider the successes of our nation’s healthcare system. But as financial service providers respond to the disruptive force of technology and the changing nature of consumer demands, they would be wise to consider how…
In the United States, there are approximately 198 million insured vehicles on the road today. Among those, approximately 53 million vehicles are insured by low- to moderate-income (LMI) — often known as underserved — consumers.
The Financial Health Network and Core Innovation Capital present this 6th annual market analysis to illustrate the size of the opportunity to address the needs of financially underserved consumers and identify significant trends driving marketplace evolution and growth.
Over the last year, more than 100 million American households experienced a financial shock. This year the Financial Solutions Lab’s second $3 million challenge was seeking solutions that could help Americans to weather such shocks.