When standard lines insurers pull out of states or risk, it often creates a gap in the insurance market. This is where the E&S market plays a crucial role.
As businesses face increasing ‘polycrisis’ threats, traditional risk management approaches need an update for today’s interconnected challenges, per a RIMS executive report.
Product recalls surge across key industries in 2024, with over 580 million units affected through September alone, Sedgwick’s quarterly analysis reveals.
Surge in telemedicine creates liability risks as providers grapple with coverage gaps and cybersecurity threats, reveals a survey of brokers by QBE North America.
Commercial auto insurers continue to face mounting losses and challenges, despite years of rate increases and underwriting initiatives, AM Best reports.
Flood adaptation measures are gaining focus among governments and insurers as research finds the benefit of investing in adaption outweighs cost of rebuilding after a disaster, reports Swiss Re.
Whether it’s the project finance side or insurance broking itself, crafting solutions that strike a balance for all stakeholders brings broker Todd Burack joy in his job every day.
Insurtech funding increases in Q3 2024, driven by life/health deals, AI-centered investments and a focus on core operations, according to Gallagher Re.