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Keiretsu No More: What Japan’s Insurance Market Reforms Mean for U.S. Insurers
Long regarded as one of the world's most stable insurance markets, Japan's non-life sector is now experiencing major disruption. Deregulation aimed at unwinding keiretsu-style cross-shareholding ...
Carriers Embracing DIY Home Inspections More and More, Firms Say
The future of home inspections is here and it's in the hands of … the homeowner. Literally, according to leaders of two firms that have developed DIY systems now being used by prospective insureds ...
The Future of Insurance Underwriting: Carriers Empowering Agents
The future of underwriting will be built on closer relationships between carriers and insurance agents, with carriers working hand-in-hand with agencies to maximize profits from their books of ...
Wildfire Experience Inspires New Contents Claims InsurTech
When Michael Balarezo emerged from the basement office of his Boulder, Colo., home in December 2021, smoke plumes from the nearby Marshall Fire were visible from his driveway. Balarezo, his wife and ...
P/C Market Challenges Fuel Surplus Lines Opportunities: AM Best
The U.S. surplus lines market notched double-digit year-over-year (YoY) premium growth from 2018-2023, as wholesale brokers tapped this market with greater frequency to explore coverage solutions for ...
‘Can’t Cut to Greatness’: Wilson Lays Out Simple Strategy for Markel E&S
"You can't cut yourself to greatness." Simon Wilson, chief executive officer of Markel Insurance, made the simple statement at a Markel Group Brunch meeting for investors in Omaha on May 4 to convey ...
Rethinking the Carrier-Agent Relationship in a Digital-First World
As is the case across many other industries, insurance is currently undergoing a huge period of change, driven by both evolving customer expectations and rapid technological advancements. Part of ...
How Embedded Insurance Supports Real Livelihoods in the On-Demand Economy
Embedded insurance is everywhere. From booking a flight or concert tickets to opening a bank account, insurance is now being offered to consumers at the point of need. It makes access quicker, ...