Features
3 Ways to Speed Up Claims and Boost Customer Satisfaction
Insurers face three key challenges: They operate in an already crowded marketplace, they have to meet the ever-increasing expectations of consumers, and they face incursions by disruptive tech ...
Agents, Brokers and the Future of Insurance Distribution
A funny thing is happening on the way to the future. As the behaviors, attitudes and expectations of consumers and carriers have been changing, independent agents are evolving to better serve both. ...
Pushing and Pulling Lloyd’s Into the 21st Century
Twenty-five years ago, the Lloyd's of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars of asbestos and pollution liabilities. Many of the best brains in ...
Change Isn’t New for Lloyd’s
Well before the "Future at Lloyd's" project, the market began pursuing modernization, Chairman Bruce Carnegie-Brown noted. For example, the market has been pushing to digitize the way risks are ...
Liability Long Tail Could Get Longer
One of the most challenging things about liability insurance is that claims on this year's policy might be made well into the future. If exposure to a chemical, product or business activity this year ...Risks and Non-Risks
It's a daunting task to comb through scientific and medical literature to identify emerging potential risks that could ultimately drive up liability insurance claims while separating out the risk ...
Parametric Insurance Takes Off
Now that property and casualty insurance coverage terms for business disruption losses are gradually tightening, a singular insurance product used primarily to protect businesses against ...
Happy National Insurance Awareness Day
Has it really been a year since we last celebrated National Insurance Awareness Day? To properly celebrate the holiday, I have included a few words of appreciation about my favorite industry. Thanks ...