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.
Rising health care costs challenge employers to adopt innovative strategies for managing expenses and supporting employee well-being, according to a Gallagher report.
Emerging economic, regulatory, and cultural trends pose complex risks for private company directors and officers in the post-pandemic landscape, according to Munich Re.
Employers face challenges meeting the diverse needs of a multigenerational workforce, especially as Gen Z overtakes baby boomers by 2024, The Hartford reports.
“Cyber is a huge topic in our industry and the world these days. Even Warren Buffett recently mentioned it as one of his ongoing fears in managing his businesses, especially his insurance business.”
“Companies must ensure they provide reasonable accommodation if using AI in recruiting. They should avoid screening out potentially good candidates based on the questions asked. It’s crucial to examine who defines what a good applicant is and ensure that definition is unbiased.”
Employers say that safety technologies, from wearable devices to computer vision, are transforming the workplace and delivering promising results, according to an NCCI report
Generative AI has enabled people to create images and content faster than ever before. Employers must remain vigilant should an employee choose to create nefarious and harassing content of their coworkers.
Joann Balous of Travelers discusses the evolving role of CFOs in the insurance industry, their increasing involvement in risk management decisions, and the impact of macroeconomic factors on their strategies.
Businesses should know that when an employee participates in online behavior that leads to other employees feeling harassed or bullied, there is an insurance policy to manage such claims and provide resources to mitigate ongoing exposures.
Thirty years ago, single mother Jeanette Ward needed a job. Enter Texas Mutual, where today she fills the role of CEO. Ward reflects on her career in insurance and how to pave a path forward to welcome new recruits to the industry.
COVID was not the only thing that disrupted business travel. Geopolitical instability, climate risks and a new class of bleisure travelers are making corporate travel more complicated.