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| | | | | | | Avoiding Intellectual Capital Loss | | | | In an increasingly fluid labor environment, maintaining institutional knowledge is essential. Watch our webinar on ways to mitigate this potential risk. | | | | | | | | Verisk Analytics | | |
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| Today's Headlines | August 2, 2022 |
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Mergers and acquisitions (M&As) put a strain on any organization—with employees often reporting feelings ranging from ambivalence to outright fear. In the middle of such complex changes, it is all too easy for diversity and inclusion (D&I) to slip down the priority list. A common reaction among business leaders is that post-merger D&I activity needs... read more | | |
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Global commercial insurance prices increased 9 percent in the second quarter of 2022 (down from an 11 percent increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, according to the Global Insurance Market Index released by insurance broker Marsh. Average price hikes across most regions moderated due to slower... read more | | |
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Late Tuesday afternoon a client calls his insurance agent to submit a claim: a golf ball has gone through his window. The insurance agent knows that the client lives near a golf course and submits the claim to the carrier. However, details of the claim ... read more | | |
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Lemonade has sold Metromile's Enterprise Business Solutions (EBS) to digital insurance platform EIS. EBS was Metromile's SaaS claims automation and fraud detection platform that it licensed to large insurance carriers. The all-cash transaction was completed following the close of Lemonade's acquisition of Metromile last week. Terms of the deal were not disclosed. Keefe, Bruyette &... read more | | |
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Three hostile foreign actors breached the federal courts document management system via "an incredibly significant and sophisticated" cyber attack more than 18 months ago, the chairman of the House Judiciary Committee said on Thursday. Representative Jerrold Nadler, a New York Democrat, said that his committee learned in March of "the startling breadth and scope of... read more | | |
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SPONSORED BY: Talkdesk The insurance industry is at an inflection point caused by rising customer expectations coupled with tremendous pressure on growth and profitability. Financial Services Experience Cloud™ for Insurance is the only contact center solution built to unify the insurance customer journey and improve satisfaction, while empowering employees with automation and actionable insights.... read more | 
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Science and technology non-profit First Street Foundation and Compass Inc. announced a partnership to integrate Risk Factor, a provider of property specific, climate risk intelligence, into Compass listings. Risk Factor aims to improve the agent and client experience by enhancing the understanding of property climate risk for homes across the U.S. Compass, a residential real... read more | | |
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Second-quarter earnings at The Hartford fell to $437 million — about 51 percent less than the same period a year ago. The Hartford said it booked a $485 before-tax change from net realized gains to net realized losses during Q2. The insurer's personal lines business took a fall in recording net income of $6 million... read more | | |
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Eight in 10 U.S. workers say that how employers support their employees' mental health will be an important consideration when they seek future job opportunities, according to a recent survey from the American Psychological Association. APA's 2022 Work and Well-being Survey was conducted online by The Harris Poll among more than 2,000 working adults between... read more | | |
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| | For many carriers, providing an exceptional digital experience for agents is a ... read more | |
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| | With all the technology available today, "going digital" might sound easy. But ... read more | |
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| | AI underwriting is here: Are you ready? What do you think of when you think of ... read more | |
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| | When every employee has a software robot to help with mundane tasks, it frees ... read more | |
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| | It's likely that 65% of commercial trucks on your books are undervalued. ... read more | |
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