The most popular articles and news offered by Carrier Management.

Commercial Auto: An Old Dog Up to New Tricks

For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the last 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot ...

InsurTech CoverWallet Unveils Platform for Agents

CoverWallet, a technology company that has been on a mission to "reinvent insurance for small business" customers, is now offering its platform for insurance agencies, the company revealed today. ...

Who’s Next? The Value of MGAs vs. Carriers

With Next Insurance making a decision convert from a digital managing general agency for small and medium-sized businesses to a licensed insurance carrier in May, there isn't much to report from the ...

Solving Our Talent Shortage

It is a commonly held belief that there is a talent shortage in our industry. The best and brightest recruits, it is often said, pursue careers in more exciting professions like investment banking, ...

USAA Tops List Ranking Insurers’ Reputations

USAA Insurance has the highest and best overall reputation among insurers, according to a new report from the Reputation Institute. The insurer landed in the top spot based on criteria including ...

Building the Right Tech Culture

Technology, at the end of the day, is created by humans for humans. For that reason, one of a technology leader's top priorities should be to assemble the right team and create the right culture. If ...

Chubb’s Chief Culture Officer Leads by Example

Holding the position of chief culture officer is no easy task. It takes flexibility, empathy and an inherent ability to listen—to both what is said and unsaid. With a background in retail banking, ...

Nationwide Plans to Slash More Than 1,000 Jobs

Nationwide intends to eliminate the jobs of about 1,100 employees across the country _ around 3.6 percent of its workforce. The insurance and financial services company says about 80 workers in Des ...

Chloe and Insurance: A Love Affair

When Chloe steps out the door of her apartment on her way to work in the morning, her vehicle automatically unlocks its doors while the navigation system maps out the best route based on the latest ...

So You Wanna Be an Innovator in a Big Company

Here's what I've learned. 1. Ban the "I" word. Most innovation in insurance companies comes where customers (or distributors) encounter the company. This is one reason that 89 percent of insurance ...

Executives On The Move at Hamilton Insurance Group and Everest Insurance

Hamilton Insurance Group appointed a new executive who will be focused on strategy and corporate development. Everest Insurance hired a vice president focused on marketing and distribution.

Is the Reinsurance Cycle Dead or Just Dormant?

Many reinsurance executives have been left scratching their heads in surprise after last year's natural catastrophes, which cost a whopping $100 billion but ended up having very little impact on ...

Executives On The Move at Hamilton Re and TigerRisk

Hamilton Re promoted a veteran executive to handle its casualty & specialty operations. broker TigerRisk Partners LLC hired an outside executive to lead one of its key divisions.

Executives On The Move at AIG and Swiss Re

American International Group appointed a veteran of MetLife Japan to lead its Asia Pacific General Insurance arm. Swiss Re Corporate Solutions promoted an executive to be head of Excess & Surplus ...