Global catastrophe losses hit $417 billion in 2024, with climate change driving unprecedented weather events and insurance claims, according to Gallagher Re’s latest report.
Insurance industry poised for growth as 79% expect revenue increases and half plan workforce expansion in the coming 12 months, according to report by Jacobson Group and Aon.
The insurance carrier executives featured in these pages began their climb to the top years ago. Now, we can watch in appreciation as they move the industry forward.
Small business owners need to focus on running their businesses. Nationwide’s George Williams plans to assist them with their risk management and insurance needs.
Despite what some may view as market maturation, Mary Boyd and her colleagues at Hiscox think there is plenty of insurance business opportunity in the U.S.
From leadership commitment to whole-person care, these award-winning organizations are reshaping industry standards for injury prevention and workforce care.
“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 find it a little surprising to see as much competition as we do in the public space, knowing that there’s the old inventory of claims and there’s a new inventory continuing to build. It’s a little bit of a surprise to me to see the market as competitive as it is.”