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.
Since the end of 2022, long-tail claims have been revving up. But the right reinsurer with the right people on board can help make a difference for any ceding company.
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.
The ongoing trends of social inflation and litigation funding continue to drive nuclear verdicts in casualty claims that go to court, increasing pressure on insureds and carriers alike.
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.
Sompo International’s President and CEO, Commercial P&C Insurance, Canada, Rohan Dixon, talks to Risk & Insurance about his hopes and ambitions for growing a specialty insurance business in the world’s ninth-largest economy and seventh largest by premium on a Commercial P&C basis.
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.