Features
2024 report: Agency professionals provide insights on the hard market, technology & talent
Vertafore, the leader in modern insurance technology, recently released its 2024 insurance workforce survey report: "The insurance agency workforce: Talent, tech, and the hard market." Based on ...
Judgment Day
In May 2022, a judge at the U.S. District Court in Texas ruled that IBM had breached a 2015 licensing agreement signed with a competitor, BMC Software Inc., awarding BMC more than $1.6 billion in ...Verisk Releases New White Paper on Commercial Auto Profitability
Does the hard road to profitability in commercial auto insurance have to lead to endless detours? Social inflation and riskier driving can wreak havoc on results: Industrywide combined ratios have ...
Insurance Middle Managers Speak Out
Often forgotten and overlooked when business is humming, the middle manager is typically the first to go when companies, including P/C insurers, decide to downsize. In a related article, "Middle ...
Middle Manager Is the Middle Child
The middle child breaks up fights, mediates disputes, and smooths the differences between older and younger siblings. They carry the weight of family responsibilities and often don't get the ...
Transactional vs. Transformational Leaders
Most insurance organizations are run by left-brain, rational, transactional leaders. Many are actuaries, underwriters, lawyers and former business line leaders. And that can be a good insurance ...Intelligent Insurance Risk Management Can Enhance Profits
"How did we get to this point?" It's a question that we read and hear all the time, and certainly, most of us have asked it at some time in the last three years. How did it come to the point where ...
Change Management Best Practices for P/C Insurers
In the property/casualty insurance industry, AI's ability to analyze vast datasets to evaluate risk is a game-changer. It enables insurers to price policies more accurately, reduce quote turnaround ...