“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.”
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.
“Relationships are certainly important, but how well you serve your customer and help them solve their problems is how your level of success is defined.”
“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.”
“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.”
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.
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.”