Critical Information for P/C Carrier Executives
Carrier Management Critical Information for P/C Carrier Executives
 
 
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Today's Headlines December 8, 2021

Leaders Must Embrace Creativity in a Changing World

Consistency and stability. These insurance industry cornerstones support our capacity to understand and price risks. They provide the financial strength that allows our industry to weather all kinds of financial, economic and natural disasters—and even a pandemic. They also fuel the traditional leadership and management styles that have prevailed for decades. In 2020, we quickly... read more
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Strength in Unity
 
Improving how the insurance industry protects and restores properties.
 
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Not Your Grandpa's MGA: Competition Heats Up in Digital Insurance

For nearly 150 years, managing general agencies have been an important sales and distribution arm of the U.S. insurance industry, initially offering a way for an early insurance company to enter emerging Western states without having to invest in developing a local office. As the carrier's fronting mechanism, the MGAs were authorized to underwrite, issue... read more
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 Brand Spotlight 
Get a head start on your strategic planning for 2022 and beyond

Strategy must reflect a deep understanding of your markets, where those markets are likely to move in the future, and how taking steps to sustain your competitive advantages today will be essential for profitable growth tomorrow. Perhaps your strategy leads you to target new market ...read more
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InsurTech Buckle Inks MGA Agreement With Amwins Specialty Auto

Buckle, an InsurTech with a full-stack insurance-as-a-service platform for the gig economy, has inked a managing general agency (MGA) agreement with Amwins Specialty Auto, a non-standard auto insurance specialist. read more
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P/C Insurance Digital Claims Management Stalling: J.D. Power

The property/casualty insurance industry is falling behind financial services and utilities providers when it comes to the digital customer experience, according to the J.D. Power 2021 U.S. Claims Digital Experience Study. Throughout 2021, just 40 percent of claimants interacted with an estimator via digital channels and only 47 percent made a claim via a website,... read more
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As Ransomware Attacks Rise, U.S. Bank Regulator Urges Vigilance

A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it is seeing an uptick in ransomware attacks, it said in a report issued Monday. read more
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Facebook Faces $150M Class-Action Lawsuit From Rohingya Refugees Over Myanmar Violence

Rohingya refugees from Myanmar are suing Meta Platforms Inc, formerly known as Facebook, for $150 billion over allegations that the social media company did not take action against anti-Rohingya hate speech that contributed to violence. read more
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Executives On the Move at AXA XL and BHSI

AXA XL hired two new senior underwriters for its Excess & Surplus casualty insurance arm. Berkshire Hathaway Specialty Insurance (BHSI) promoted one of its executives to be Head of Life Sciences in North America. read more
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Risk Alerts: Dangers on the Roadway

The new infrastructure bill will allow teens to make interstate trips. A software update over the summer gave many Tesla drivers the ability to play video games while the vehicle is in motion. *** The new infrastructure law signed by President Joe Biden will let some drivers as young as 18 make interstate trips in... read more
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Research and Webinars

APIs: Game Changer for Commercial Auto

Simplicity and efficiency for commercial auto. Two key business drivers for ...
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3 Steps to Optimize Distribution Channels

Effective distribution is essential to carrier success, especially as the ...
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Reducing Cyber Insurance Claim Expenses

This paper will review the current model of incident response for ransomware ...
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How to Underwrite Precisely, Reliably, and Beyond the Customer’s Expectations

Data should point the way, not get in the way. Making the most of abundant ...
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Innovation-Driven Growth in Commercial Auto

Accelerate competitiveness with a digital ecosystem. Revolutionize your ...
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Media

A Top-Down View of Insurance Risk: Unlocking the Benefits of Geospatial Technology

InsurTech Newsletter


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