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Alex Wright is a UK-based business journalist, who previously was deputy business editor at The Royal Gazette in Bermuda. You can reach him at [email protected]
The pandemic has heightened financial inequality, climate change risk and the threat posed by ‘zombie’ companies.
M&A activity within commercial insurance soared in 2020. Here’s what’s driving the shifts.
Companies looking to find sufficient and affordable coverage in uncertain times are turning to E&S for solutions.
Anita Zaccaro went from working for famous musicians to brokering commercial insurance.
Social inflation caused by a rise in lawsuits brought against businesses and disproportionate nuclear jury verdicts have forced insurers to stump up multi-million dollar settlements.
Experts say D&O capacity will continue to be constrained for the foreseeable future. Rates can also be expected to continue their rise.
Vermont’s captive insurance industry has come a long way since 1981. Here’s how they state continues to garner success.
With the demand for employee benefits escalating, companies might want to look to captives as a way to control costs and increase efficiency.
Many workers are celebrating an extensive work-from-home option, but physical and mental injuries may go undetected.
The booming cannabis industry is still struggling to attract adequate coverage.
Experts in the wholesale and specialty space share the challenges and opportunities they face during the current hard market and COVID-19’s impact.
The benefits of owning or participating in a captive may be well reported, but what are the additional factors that firms need to consider when forming a captive?
Insureds can expect carriers to place even tighter restrictions on business interruption insurance going forward.
Wholesale brokers are seeing a surge in D&O submissions thanks to the hard market and punishing price increases in the primary market.
Already grappling with a shaky run due to several years of massive Nat CATs, the E&S market is facing even larger hurdles thanks to COVID-19.
For companies that wish to avoid the start-up and carrying costs of a standalone captive, a cell captive might just be the answer.
The adoption of blockchain technology into captive programs opens the door for expansion and growth. But plenty of risk still remains.
With prices rising, experts advise insurance buyers to start the renewal process early, and to be prepared to differentiate their risk mitigation strategies.
Cannabis, cyber and workers’ compensation are among the areas where alternative risk transfer is needed.
Paul Berkemeier completely rebuilt the risk management program at Coca-Cola, with a focus on risk tolerance and a more efficient use of capital.