Insurance Industry

How Combined Environmental and Professional Liability Coverage is Reshaping Construction Insurance

As construction projects grow more complex and contractual requirements intensify, contractors are seeking efficient ways to meet their coverage obligations without sacrificing protection

Beyond Policy Placement: The Evolution of the Modern Insurance Broker

The Real Impact of AI in P&C Claims

Building the AI-Augmented Claims Workforce
and

Building the Next Generation of Captive Insurance Professionals

Recently in Insurance Industry

U.S. Property/Casualty Industry Records $21.2B Underwriting Loss in 2023

Despite a 9.9% growth in net earned premiums, the US property/casualty industry reported a $21.2 billion underwriting loss in 2023, according to a report by AM Best.

Matthew Massaro Appointed Head of Sales and Underwriting for The Hartford’s Northeast Division

The latest hiring announcement in the insurance industry today.

Hiscox Names Leigh Hellrung as Chief Operating Officer in the U.S.

The latest hiring announcement in the industry today.

George Williams to Lead Small Market Commercial Lines at Nationwide

The latest hiring announcement in the industry today.

Transactional Risk Insurance Remains Robust Amid M&A Downtrend

Despite a dip in M&A activity in 2023, transactional risk insurance thrived, with tech leading the pack in deal value, reveals a Marsh report.

Trey Ingram Hired as CEO of CompSource Mutual Insurance Company

The latest hiring announcement in the workers’ compensation space today.

Insurance Industry Increasingly Adopting AI Technologies, Study Shows

Conning survey reveals a surge in AI adoption within the insurance industry, with large language models leading the tools being explored for sales, underwriting, and claims processing.

Emily Fink Named as Chief Marketing Officer at Sedgwick

The latest hiring announcement in the insurance and risk management industry today.

Matt Jenkins Tapped as New Chief Operating Officer for One Call

The latest hiring announcement in the insurance and risk management industry today.

U.S. P&C Insurance Sector Records Worst Underwriting Loss in Decade

Severe weather losses, reinsurance costs and persistent inflation drive U.S. P&C insurer results in 2023

Insurance Premium Increases Slow Despite Market Challenges, CIAB Survey Says

Despite a slowdown in premium increases, The Council’s Q4 2023 survey reveals rising commercial property premiums and customer dissatisfaction, prompting brokers to prioritize enhancing customer experience.

7 Questions for Sompo International’s Shannon Totten

Learn about making the move to the Bermuda market and why leaders must be dynamic and intentional with Shannon Totten, CPCU.

Master Your Craft: Unveiling the Essential Insurance Designations for Career Advancement

Industry experts know learning continues well into their careers. Designations offer specialized knowledge.

The Broker’s Edge: Exploring AI and Machine Learning Tools for High-Volume, Low-Premium Accounts

Artificial intelligence can help brokers manage the high-volume, low-premium accounts commonly associated with small and middle market businesses.

The Human Firewall: How Employees Can Find Empowerment in the Fight Against Cybercrime

Bad actors continue to be just that — bad — but with the right prevention and mitigation strategies, insureds can put up a stout fight against cyber intrusions.

A Titanic Talent: Newfront’s Amanda Rentfrow

Without excellent risk mitigation and risk transfer, few would be able to view artifacts from one of the most dramatic maritime calamities of all time.

14 People on the Move

The latest hiring announcements, appointments and promotions in the commercial insurance industry today.

Opinion | After 18 Years, Power Brokers’ Accomplishments Are As Impressive As Ever

Editor-in-chief Dan Reynolds explains why even after 18 years, judging Risk & Insurance’s annual Power Broker competition continues to inspire.

Applying Last Year’s Risk Lessons in the Year Ahead

Looking back at what we learned over the past year only reinforces our goals for the year ahead.

Three Benefits and Three Challenges of Implementing AI in Claims Management

Many claim handlers are already using AI in their processes to some extent, but realizing its full potential could be hampered by a lack of tech talent and access to adequate data.