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How Telematics Is Transforming Insurance October 22, 2019

Technology is transforming every aspect of our lives, and insurance is no exception. Insurance carriers are tapping into automotive telematics to guide insurance premiums.

What is telematics? This is a form of communications technology that can be used for monitoring a vehicle to determine driving behaviors. Using a combination of GPS, Bluetooth, and mobile devices, insurance companies can review customers’ driving habits and reward safe behaviors with reduced premiums.

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Second $5,000 Touchdown Throw Winner in Owen-Withee October 16, 2019

Forward Bank sponsored a $5,000 Touchdown Throw on October 11th at the Owen-Withee Blackhawks football game and saw it’s second winner!

The lucky participant, Ryan Gutsch, was selected at random from the crowd to attempt a 15 yard throw into a 32-gallon barrel sitting on the goal line for a chance to win $2,500 for himself and $2,500 for the school’s athletic program. It was a cold Friday night, but the crowd erupted with cheers when Ryan’s throw sailed effortlessly into the barrel. Ryan is the second winner of the $5,000 Touchdown Throw since it replaced the field goal kick in 2018. Congratulations to Ryan and the Owen-Withee athletic program!

Forward Insurance

Technology Insurance vs. Cyber Security Coverage October 14, 2019

In today’s business world, most companies are dependent on technology for some or all of their company’s operations. While this makes many new processes and services possible, it also leaves businesses vulnerable to a new realm of risk. Cyber crimes, computer crashes, and software malfunctions are just a few of the technological risks that modern companies now face. Since technological incidents can cost a business anything from a few minutes of inconvenience to millions of dollars, it’s essential for companies to have appropriate insurance coverage.