Alex Wright

about

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]

If Standard Carriers Are Tightening Terms and Conditions, What Does This Mean for the Wholesale and Specialty Markets?

Experts in the wholesale and specialty space share the challenges and opportunities they face during the current hard market and COVID-19’s impact.

5 Crucial Considerations When Forming a Captive

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?

Considering Buying Business Interruption Coverage? You Better Understand How COVID-19 Changed the Game Forever

Insureds can expect carriers to place even tighter restrictions on business interruption insurance going forward.

D&O Submissions Surging with Wholesale Brokers

Wholesale brokers are seeing a surge in D&O submissions thanks to the hard market and punishing price increases in the primary market.

Excess and Surplus Insurers Were Already Raising Prices. Then Came COVID-19

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.

Cell Captive Formations Are on the March in Vermont. Here’s Why

For companies that wish to avoid the start-up and carrying costs of a standalone captive, a cell captive might just be the answer.

Can Captives Take on Third Party Risk? You Bet Your Blockchain They Can

The adoption of blockchain technology into captive programs opens the door for expansion and growth. But plenty of risk still remains.

18% Spike in Professional Lines Pricing Leading the Global Insurance Premium Increase

With prices rising, experts advise insurance buyers to start the renewal process early, and to be prepared to differentiate their risk mitigation strategies.

These 3 Risks Provide the Blueprint for Innovation in Captives

Cannabis, cyber and workers’ compensation are among the areas where alternative risk transfer is needed.
2019 Risk All Star: Paul Berkemeier

Coca-Cola Is Leading the Way in Risk Management Thanks to Director Paul Berkemeier

Paul Berkemeier completely rebuilt the risk management program at Coca-Cola, with a focus on risk tolerance and a more efficient use of capital.

Here’s How Companies Are Using Captives to Offset Insurance Price Increases

With ‘traditional’ insurance pulling back in some lines, insureds are using captives to fill in the gaps.

VCIA 2019: Regulatory Sandboxes, Cyber Risk Impact and More at This Year’s Can’t-Miss Captive Event

Almost 100 companies will be showcasing their latest product and service developments to around 1,100 captive and risk managers, service providers and other industry professionals at the VCIA 2019 event.

Business Travelers Beware: Turo and Other Car Sharing Apps Pose Multiple Risks

The benefits of on-demand car rental are plentiful for both owners and renters. The challenge is addressing the new risks posed by the model.

Here’s How Vermont Regulators Faced Down an Onerous Federal Tax Law

Vermont regulators came up with a creative way to save crucial dollars based on ceded risk.

Captive With a Twist: Reinsuring Surety Bonds for Greater Risk Control

One client saved $1.5 million by using captives as a reinsurance layer. Numerous industries could use this application.

Everything You Should Know About Cargo Theft and How to Prevent It

Economic pressures are leading to thieves becoming more innovative, particularly in the theft of food and beverage cargos.

Thinking of Expanding Your Business Overseas? Your Cyber Security Compliance Just Got More Complicated

China’s new data protection regulation, in addition to laws enacted by the U.S. and EU, all have huge implications for any business with international exposure.

How Insurtech Is Becoming an Industry-Wide Solution to Some of the Toughest Risks

From construction to cargo to cyber, an array of Insurtech technology solutions is beginning to bring real improvement to risk management safety strategies.
Brokerage

Broker Consolidation Is Good News for Insureds. Well, Maybe.

With broker consolidation comes more depth. But there are still pros and cons to this M&A growth that insureds should know.
Liability Risk

What ‘Ban the Box’ Really Means for Employers

A majority of states bar employers from inquiring about convictions on job applications. But compliance without caution can have dire consequences.

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