Critical Information for P/C Carrier Executives
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| | | | | | | Small Commercial, No Questions Asked | | | | The road to profitability in small commercial begins with effective underwriting guidelines, and it's paved with automation and integration of high-quality data. | | | | | | | | Verisk | | |
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| Today's Headlines | December 4, 2020 |
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| When I wrote about emerging issues facing the property/casualty insurance industry for Carrier Management early in 2020 I stated, "Insurers and reinsurers face numerous emerging issues arising from: the rapid pace of scientific, technological and medical advances; new products; changing social mores; court decisions abrogating various insurance policy defenses; as well as new and amended... read more |
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| Arguably, the greatest asset I own after 30 years in the insurance industry is my network. My network was built over decades of engagements. To be clear, all of those engagements were face to face. I didn't build any of those relationships via Zoom. More specifically, I built that network while at myriad local, regional,... read more |
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| For more than 50 years, insurers have used technology to automate the systematic procedures and processes of the business. The focus has been on streamlining operations and managing large volumes of transactions—with goals of cutting processing costs and improving turnaround times and customer service. Many improvements in automation are still needed; both cost control and... read more |
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| Most middle market business owners are more interested in vehicle telematics insurance products then their agents realize, a dynamic that reveals a significant opportunity to sell the technology more aggressively, Nationwide found in a new survey. read more |
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| The Travelers Companies has agreed to acquire InsuraMatch, a national digital independent insurance agency, from the Plymouth Rock Group of Companies. read more |
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| A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday. read more |
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| AXA Group's chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He says one of the greatest and most under-appreciated threats to human health, economic vitality and the climate is the rapid reduction of the planet's biodiversity. read more |
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| A record-setting Atlantic hurricane season that saw the highest number of named storms officially came to a close Monday. read more |
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| "Managing agent licensing is a business-critical function for insurers and ...
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| Progressive, Esurance and Lemonade have successfully adopted data-centric ...
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| AM Best expects that the Directors and Officers (D&O) segment will soon ...
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| Now On Demand: Carriers, do you wish you could read your agents' minds? This ...
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