Brokers – It’s Time To Get Specialized
As a business owner, would you rather work with an insurance brokers who knows exactly what they’re doing, or an insurance broker who has quite a good idea about what they’re doing but wouldn’t call themselves an expert? Last week you were reading Global Semiconductor Chip Crunch Causing Headaches For Insurers. This week we’re bringing you: […]
Global Semiconductor Chip Crunch Causing Headaches For Insurers
Challenge after challenge is chipping away at the global semiconductor industry. Last week you were reading The Cost-Of-Living Crisis – What Impact Will It Have On Insurance? This week we’re bringing you: Cyber insurance is having its “seatbelt moment” IT WASN’T that long ago that cyberattacks were viewed by many as a distant threat best suited […]
The Cost-Of-Living Crisis – What Impact Will It Have On Insurance?
There are many factors driving inflation worldwide, including the COVID-19 pandemic, recent shocks to the global supply chain, soaring production costs, and Russia’s invasion of Ukraine, among other things. And as things stand, the global economy isn’t likely to make a quick U-turn in the coming months. Last week you were reading What To Expect […]
What To Expect From Commercial Property Insurance In 2022
Commercial property rates have seen double-digit increases for two straight years and Gary Wells, managing partner at The Liberty Company Insurance Brokers, does not foresee a notable drop any time soon. Last week you were reading What Goes Hand In Hand For Insurers? This week we’re bringing you: Lloyd’s announces partnership for new investment platform Lloyd’s […]
What Goes Hand In Hand For Insurers?
Data analytics in the property and casualty (P&C) insurance sector has become essential for creating products and solutions that can respond to the growing frequency and severity of natural catastrophe (CAT) events in North America. Last week you were reading How Can Organizations Reduce Their Cyber Insurance Premiums? This week we’re bringing you: Aviation Re/insurers […]
How Can Organizations Reduce Their Cyber Insurance Premiums?
Enterprise security company Panaseer has weighed in on how ransomware has impacted the cyber insurance market — and what organizations can do to reduce their premiums. Last week you were reading Insurance Tech Adoption – What To Consider Before Taking The Leap. This week we’re bringing you: Nationwide Expands Use of Leak Sensors for Homeowners Nationwide […]
Liberty Mutual Completes $1 Billion Acquisition
Liberty Mutual Insurance has announced that it has completed the acquisition of State Auto Group, a super-regional property-casualty insurance company based in Columbus, Ohio. Last week you were reading Agency Salary Survey: Why Money Isn’t Everything to Agency Hires. This week we’re bringing you: Alaska: Providing insurance in The Last Frontier* The Alaskan market […]
Agency Salary Survey: Why Money Isn’t Everything to Agency Hires | Top 4 Insights
Salaries and total compensation rose in 2021 for all levels of empoloyees reporting in the Insurance Journal Agency Salary Survey. Last week you were reading How Car, Home Inflation Is Driving Up Loss Costs for Insurers? This week we’re bringing you: First responder PTSD comp bills continue to trend* Four states in the first week […]
Usage Based Insurance – Zooming Towards A New Concept
The pandemic has triggered a notable uptick in usage based insurance (UBI), and the auto segment has been working towards developing the best digital solutions to keep money in clients’ pockets. Last week you were reading Does Wholesale Distribution Increase Costs For Insureds? This week we’re bringing you: Insurers Could Get Lower Rates on Liquidity […]
A View From The Top Of A ‘Healthy But Evolving’ Reinsurance Market
The global reinsurance market was described as “healthy but evolving” in Guy Carpenter’s January 01, 2022, renewals briefing. Last week you were reading Does Wholesale Distribution Increase Costs For Insureds? This week we’re bringing you: 10 Emerging Risks to Watch Reinsurance Market* Insurance Journal examined industries experiencing changes and a few challenges due to the […]