Though the volume of premiums has fallen off compared to previous years, specialty and E&S coverages are still in hot demand.

From thoughtful education programs to on-site health clinics and everything in between, employers are working to support the health of their people in every way possible.

From leadership commitment to whole-person care, these award-winning organizations are reshaping industry standards for injury prevention and workforce care.

“We have from one to 50 different insurers utilizing the data we gather. We want our clients, the insureds, to walk into their market meetings every year armed with this data to present to the markets.”

“My dad was in the oil and gas business for most of his career. What I liked about what my dad’s way of working was that he was there for us. He could build his own schedule.”

To ensure strong governance practices, it’s essential to comply with ESG regulations, uphold ethical business standards, and maintain transparent reporting.

“Before founding Five Sigma, I witnessed firsthand the inefficiencies and archaic systems in the commercial insurance industry while working as a CFO for an energy company in the UK. Upon returning to Israel, I teamed up with deep tech experts to identify real-world problems that could be solved by leveraging data effectively.”

We must remember to approach challenges with empathy and compassion. It’s easy to get caught up in the whirlwind of events and forget the real impact on individuals and communities.

“Nonprofits are society’s last line of defense; they help when no one else can. Insurers know this and see the additional risks these organizations face — especially filling low-wage jobs with qualified personnel, which has always been a struggle.”

Carriers see room for growth in political risk and credit lines whose rates have remained relatively stable.

“A cyber event doesn’t hit the entire world at once; it starts in one spot and slowly spreads, much like a virus. However, it can be fought, just like your body fights a virus.”

We asked the Gallagher client executive about the challenges currently facing her education-sector clients — and the brokering philosophy she uses to help overcome them.

Many business owners assume that BI is covered under their business owner’s policy or commercial property policy. They are not always aware of what may or may not trigger coverage, or that it may be an optional coverage that needs to be customized.

Monica Manske of PMA Companies shares her expert insights on the critical role of data in managing workplace safety risks, the importance of a comprehensive onboarding process, and the unique challenges faced by new employees in the context of workplace safety.

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.

“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.”

Pharmacy benefit managers (PBMs) play a crucial role beyond price negotiations, focusing on clinical management, network strategies, and service. Effective PBMs manage costs, enhance care, and ensure transparency and security, addressing unique workers’ comp needs.

“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.”

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.

“The insurance industry has become black and white, which distances it from the reality that consumers face. Algorithms control premiums and appetites have become too hardened.”