“The unknowns of legal system abuse are a significant stressor for businesses. No one wants to find their name on a billboard or news cover, putting themselves, their employees or their investors in that position.”
Property’s biggest risk factors can directly impact the price of equipment repairs. Risk management and loss prevention start when insureds make the connection with valuations and work with the right partner to mitigate their potential impact.
As more health care networks acquire individual physician practices, the workers’ compensation industry must address the medical management costs and patient outcomes associated with this trend.
In sports, the effort to get the injured worker back in the game as fast as possible is secondary to the cost of doing so. So why is workers’ comp still making cost control the primary driver?
Michele Haas of One Call discusses her vision for the company’s financial strategy, fostering a culture of innovation and accountability, and leveraging her extensive experience in health care to improve outcomes for injured workers.
“One of the biggest challenges we face in the energy transformation is increasing our expertise in the new technologies that come with it … Learning about the risks and specificities of these new technologies is crucial for both the industry and its insurers.”
“We’ve seen a growing openness to the possibility of shipping via rail, moving away from the traditional focus on trucking. This shift can be attributed to several factors, including the rail industry’s environmental friendliness and its potential for cost savings.”
“As brokers, we uniquely see both sides of the aisle in the transaction. Transparency and timeliness are two words that stand out to me that could be improved on in helping our clients make educated buying decisions.”
“Every business that uses a computer or has employees needs cyber insurance. While most examples in the media and those shared by our broker partners involve Fortune 500 companies, our data shows that 90% of the cyberattacks we see are against businesses with under $50 million in revenue.”
The founder and CEO of vQuip shares how this specialty insurance company is targeting outdoor experience rental equipment, like jet skis or snowmobiles, and what it means for them to be an “insurance chameleon.”
“I think most insurance companies have learned it’s not quite as simple as putting up a line and nothing ever breaks. But it’s an incredible opportunity, and it’s going be a growing part of insurance companies’ books.”
Gallagher broker Kelly Eisenbies shares her insurance career journey so far and what it takes to get higher education institutions the best coverage for their student athletes.
Markel executive Wendy Houser talks about how her experience in the military taught her the vital importance of teamwork. She believes the ranks of the military could provide the insurance industry with an invaluable pool of talent.
Ronda McCarthy, Lisa M. Figueroa and Latha Brubaker share their experiences and insights into the field of occupational and environmental medicine, discussing the challenges and rewards of their work, and the importance of leadership in the field.
“We’re launching new programs, such as a construction program specific to wraps and a new energy practice. If you’re a producer at Jencap and want to grow your book, you can do it more quickly here than in a company where your competition sits next to you, or in a smaller shop that lacks the tools we have.”
Captain Rahul Khanna, global head of marine risk consulting, Allianz Commercial, sat down with Risk & Insurance® to talk about current market trends impacting the marine industry.
CFC’s chief underwriting officer shares emerging opportunities in specialty lines, future pricing trends, and the six fundamental elements that make up cyber risk prevention and underwriting.
WTW’s Jaclyn Perryman appreciates what makes the agricultural, food and beverage sectors unique — including their challenges — and shares her advice for how to help clients succeed.