Critical Information for P/C Carrier Executives
| Today's Headlines | March 31, 2021 |
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Even the most experienced insurance companies could not have prepared for COVID-19, leaving portfolios riddled with uncertainty for an indeterminate time. According to a report by Wakely, the pandemic could cost insurers up to $547 billion from 2020 through 2021. Perhaps no line of business has felt the impact quite like workers compensation, with estimates... read more | | |
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| Advertisement | | | | Leverage the Power of Aerial Imagery | | See how P&C carriers are using high-res aerial imagery and A.I. insights (both pre and post cat) to make more confident decisions in underwriting, risk, and claims workflows. | | |
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For many organizations, it's been a year of operating remotely. As employees and managers have worked to overcome the challenges that come with remote work, some are now facing a challenge they didn't expect: how to onboard employees remotely. The more common challenges with traditional onboarding, such as lack of understanding of role, time management,... read more | | |
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Every moment of every day, retail operations are under scrutiny. Executives and management teams for grocery stores, gas stations, big box home goods, home repair and department stores are obsessed with merchandising. Product placement is always in flux. Endcaps are changed for a season or...read more |
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Technology companies' satisfaction with D&O coverage has dropped sharply so far 2021, as pricing soared and insurers narrowed their terms and conditions, Marsh found in a new study. read more | | |
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Natural and man-made catastrophes cost the insurance industry $89 billion in 2020 – the fifth costliest year since 1970, according to a report from Swiss Re's sigma. read more | | |
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SPONSORED BY: Chisel AI How does commercial lines underwriting need to evolve and what emerging technologies are carriers focusing on to accelerate their underwriting transformation? Executives from CNA, Strategy Meets Action, Vouch Insurance, Zurich North America, and others provide a progress report on the digital evolution of underwriting.... read more |
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The owners and charterers of ships unable to sail through the the Suez Canal for nearly a week face at least $24 million in expenses they will be unable to recoup as their insurance policies do not cover them, industry sources say. read more | | |
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U.S. Supreme Court justices on Monday struggled in a case involving Goldman Sachs Group Inc. over how judges should determine when shareholders can collectively sue publicly traded companies for fraudulent statements that keep their stock prices artificially high. read more | | |
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Guy Carpenter & Co., reinsurance specialist and a unit of Marsh McLennan, announced the launch of its Capital Advisory Group in Asia Pacific, with the appointments of Michael Owen and Hussain Ahmad to lead this new operation. read more | | |
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On your path to leadership, you likely developed a reputation as a problem-solver. That ability doubtless helped you get promoted—and you probably still enjoy helping your team members solve problems. But don't be so fast to jump in and take over, a recent Leading With Trust blog post warns. You may be cheating your team... read more | | |
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| New consumer trends reveal the path carriers can follow to thrive in this ... read more | |
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| Consumers don't take into account the fees that insurance companies have to pay ... read more | |
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| Sprinklers prevent costly property damage. Mitigate risk, educate customers, ... read more | |
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| Name and address are all you would need when an applicant comes to you for ... read more | |
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| Many of us made big changes to the way we work this year. Whether your team is ... read more | |
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