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| | | What business do you want to win? | | As you set goals for the next three to five years, learn how economic and industry data can help uncover opportunities to fuel your strategic planning. | | | | Verisk | |
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Today's Headlines | June 23, 2022 |
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It's no secret that fraudulent claims are an ongoing issue within the insurance industry. The FBI estimates the total cost of insurance fraud (non-health insurance) to be $40 billion per year. For insurance carriers, investigating these claims can make a complex situation even more challenging. However, in the age of data, a vast amount of... read more | | |
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The hard market for cyber insurance, which is expected to continue for "some time," and a lack of capacity has made captive insurers an "attractive risk management option for corporations," said AM Best in a recent market report. As part of its look at the U.S. cyber market, AM Best said captives can customize policies... read more | | |
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Challenges like data silos, outdated processes, and lack of transparency both inside and outside your organization don't just plague the smaller of the insurance industry's agencies, carriers, and MGAs. Until recently, even the fifth largest broker in the U.S. used spreadsheets and manual processes ... read more | | |
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A powerful earthquake struck a rural, mountainous region of eastern Afghanistan early Wednesday, killing 1,000 people and injuring 1,500 more in one of the deadliest quakes in decades, the state-run news agency reported. Officials warned that the already grim toll may still rise. Information remained scarce on the magnitude 6.1 temblor near the Pakistani border,... read more | | |
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Omaha National Group has appointed Bryan Connolly as chief operating Officer. Connolly, who co-founded Omaha National in 2016, previously served as chief financial officer. Connolly has spent over two decades in the insurance industry. He began his career with Mutual of Omaha and later moved to a Berkshire Hathaway insurer, where he spent more than... read more | | |
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SPONSORED BY: Amazon Ads Max Life Insurance used Amazon DSP to reach custom audience segments based on life stage, lifestyle habits, and product purchases - 66% of the generated leads were found to be relevant. Amazon Ads can help design ad experiences that leverage billions of first-party insights... read more |
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The U.S. nuclear industry is generating less electricity as reactors retire, but now plant operators are hoping to nearly double their output over the next three decades, according to the industry's trade association. The massive scaling-up envisioned by the utilities hangs on the functionality of a new type of nuclear reactor that's far smaller than... read more | | |
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Expressions of gratitude in the workplace not only strengthen relationships between co-workers but can also improve stress responses to high-pressure tasks as well as impacting long-term health, according to a recent study from University of California San Diego's Rady School of Management. The study found that teammates who thanked each other before performing a high-stress... read more | | |
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| Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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| Utica First Insurance transformed agency engagement with innovative ... read more | |
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| According to the FBI, the insurance industry loses $40 billion per year to ... read more | |
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| As the world has turned digital, technological business solutions continue ... read more | |
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| A.I. Detects Fraudulent $13,000 Pizza Oven, Saves 30 Minutes per Claim. IAG ... read more | |
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