Brand Management & Sales
U.S. P/C Small Business Insurance Market Ripe for Consolidation: Conning
If heavy competition breeds consolidation, then property/casualty small business insurance is ripe for it in the coming years. Here's why: Both large and small insurers devote lots of attention to ...
Industry Disrupters Will Cut Distribution, Dispute Resolution Costs, P/C Execs Say
Property/casualty insurance industry executives peering out into the future aren't singularly focused on capital providers as potential industry disrupters in the years ahead. Brian Duperreault, ...
Progressive CEO Renwick Laments Drop in New Agency Auto Applications
While Progressive Corp. generally performed well in Q3, Glenn Renwick, chairman, president and CEO of the Ohio property/casualty insurance giant, was starkly unhappy with the 14 percent drop in new ...
Litigation Trifecta Keeps Insurers Busy
Suits related to violations of the Telephone Consumer Protection Act (TCPA), cyber breaches and concussions remain at the top as far as litigation trends go, according to industry experts. And while ...
$100B Mega-Loss Could Soften Market Further: Willis
In a market report predicting that property insurance rates will decline further while casualty rates are sliding down too, broker Willis suggests that a mega-loss event won't turn the market, but ...
Average Claims Experience Not Enough to Retain Customers: Accenture
Although a large majority (86 percent) of home and auto insurance customers who have submitted a claim in the past two years are satisfied with how it was handled, 41 percent of those who have ...
Counterpoint: Spending on Ads Never Beats Spending on Insurance Agents
A recent research report published by Cliff Gallant and Matthew Rohrmann of Nomura Equity Research concludes that spending on advertising beats spending on insurance agents. Once again Wall Street ...
Willis Group, Miller Confirm Deal Talks on London Wholesale Biz
Willis Group Holdings and Miller Insurance Services LLP announced that they have entered into exclusive talks to combine London wholesale businesses to trade under the Miller brand. The resulting ...