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MGA New Paradigm Aims to Bridge the Natural Catastrophe Protection Gap
Evan Glassman saw a gap in the property insurance market—literally. Glassman, working as a retail producer in south Florida for most of his career, realized that the insurance industry's products ...
Reinsurance Experience in Africa, Asia Sets MGA Tempo Apart
Tom Bailey, executive director of Tempo Underwriting, has a theory about what it takes to build a business based on the reinsurance MGA model. "For a reinsurance MGA to be successful and to have a ...
Finding Niches: Reinsurance MGAs Carving Out Special Market Slices
Reinsurance managing general agents are a rare breed as opposed to their more prevalent insurance-focused counterparts. The successful reinsurance MGAs have a niche, a focus. What they have in common ...
Social Inflation and the Risk of D&O-GL Clash
Social inflation is the primary explanation offered for the need to increase general liability and excess casualty premiums in the last two years. With social inflation, injured parties are more ...
From ‘Blue Sky’ Thinking to Groundbreaking Risk Initiatives
Sometimes we get in our own way. We think our ideas are crazy and rationalize them away because we see too many hurdles to overcome. Before we know it, we've tossed aside an idea that could have made ...
The Insurance Jobs ‘Revolution’
Early in 2020, I wrote a series of articles about insurance carriers that got top ratings on an online job site. To do my research, I had to sign up to provide information about my job. Ever since, I ...
Stories+Words+Machines: A Nerd’s Formula for Building an InsurTech
There probably aren't too many people who think about insurance claims scenarios when they go out to buy ice cream. Chris Cheatham, the CEO of InsurTech Risk Genius, is one of them, according to a ...
AI Insurance: Who Is Insuring the Algorithms?
There are some algorithms in life that, even with the very best marketing, don't really matter too much. For example, if Netflix's recommendation algorithm points me toward the first episode of a ...