The cyber insurance industry is still in its formative stages and is continuously evolving within the broader insurance sector, according to Darryn Ratliff, making it a career path ripe with opportunity.
Labor and interest rate issues have been top risk concerns for the construction sector in recent years. Construction supply chain risk management is also a key focus.
To succeed in insurance, says Public Sector Power Broker Samar Patni of Marsh, focus should be on building strong relationships and trust with clients.
Soft tissue injuries in the workplace are common but often misunderstood and underestimated. They can encompass a broad range of conditions typically affecting the muscles, tendons, ligaments, and nerves, and often result from repetitive motion, overexertion, or sudden trauma. These injuries can be prevalent in industries that require physical labor.
An employer-focused independent medical examination (IME) program can significantly reduce claim costs, accelerate resolution times and improve outcomes for workers’ comp.
Yan Veytsman of Marsh says young brokers looking to carve a place in the industry should focus on these three things: attention to detail, adaptability and taking initiative.
Effective risk management requires anticipating threats before they materialize. A recent report highlights climate change, cyber threats, and AI as key concerns shaping global risk landscapes and preparedness strategies for the future.
For Deepak Adappa, insurance and brokering is still a relationship business regardless of how much technology is brought into our daily lives. That’s how he gets the job done for his clients.
Despite today’s biggest cyber challenges, MMA’s Marc Schein believes experienced brokers are well equipped to navigate the complexities of the market to secure the necessary coverage for their clients.
Marsh’s Erin O’Shaughnessy shares her purview on the ins and outs of insurance brokering, from today’s biggest challenges to what’s driving innovation for the future.