During the tough property markets of recent years, the use of parametric insurance products grew. Its use appears to have some staying power, regardless of market cycles.
Trucking is a bustling industry, where the movement of goods is constant and motor carriers are responsible for delivering freight efficiently and on time.
Volatility and uncertainty in any environment can create challenges but they can also create opportunities. Those who are willing to adapt and are motivated to succeed can flourish.
A combination of a choppy economy with increased claims frequency and severity could lead to rate increases in the Management & Professional Liability market.
We are elated that we will be returning to New Orleans in 2024 for the 55th URMIA Annual Conference! It is where the past, present, and future of higher education risk management will converge from September 28 to October 2, 2024.
Specialized underwriting and claims expertise set carriers apart, but competition for top talent is fierce. To attract and retain the best candidates for the job, insurers need to create a culture that makes their staff feel supported, fulfilled and empowered to keep growing.
While current crew talent shortages are impacting aviation operations, the industry is still one of the most heavily regulated. Partnering with an insurer that understands can add tremendous value when managing risk.
Over 90% of musculoskeletal (MSK) injuries can be treated without surgery — especially now that we have sophisticated biomarker data to inform the severity and recovery of MSK injuries.
Some workplace stress pushes employees to grow and learn. However, if the stress is excessive, it can significantly affect employees’ health, and this impacts your workers’ comp program and costs.
Artificial intelligence can help physicians reduce their administrative workload and manage the strain caused by talent shortages, but these new technologies are not without risk.
The cyber insurance market may reach close to $100 billion by 2030. An increasing reliance on technology and a growing industry of cybercriminals are the driving factors.
Even in a shifting D&O market, looking for these four traits during renewal will help ensure a carrier’s reliability, experience and expertise in management liability risk.
The art of delegating responsibilities to others is a skill every manager and supervisor should have in their repertoire—especially when it comes to managing risk.