As catastrophic events increase in both frequency and severity, insurance professionals must adapt their strategies to effectively manage emerging risks while maintaining strong client relationships.
As telematics technology continues to evolve, fleet managers face the challenge of implementing effective programs that enhance safety, reduce costs, and engage drivers. Creating a successful telematics strategy requires more than just installing devices—it demands a thoughtful approach to safety culture, technology selection, and data utilization.
Energy companies have complex risk profiles, with significant liability, workers’ comp and regulatory exposures. Claims are often far from straightforward, but utilizing AI to gather information can help to simplify and streamline the process.
GLP-1 agonist drugs are designed to treat type 2 diabetes, but their secondary weight loss effect is driving popularity. As patients turn to online options to combat drug shortages, prescribers must review the safety of these drugs and other liability risks.
The most recent annual review of drug utilization data from Optum revealed key trends that could shape workers’ comp care and policy developments in 2025 and beyond.
When it comes to managing today’s toughest risks, alternative risk solutions, or ARS, offer flexibility, control and adaptability in addition to what traditional lines bring to the risk management table.
Amid a shifting regulatory landscape and ongoing social trends, employers face more pressure than ever when it comes Employment Practices Liability (EPL) risks. Having the right insurer matters in developing a strong risk mitigation strategy.
Artificial intelligence can help to gather data and increase efficiency, but it comes with unique liability risks. Reaping the benefits while minimizing exposure will be an ongoing insurance challenge, according to experts at Munich Re Specialty.
Small to medium-sized contractors may not have obvious exposures to environmental risk, but the potential for pollution exists even in the smallest projects. A consultative insurer with deep technical expertise can help to identify, mitigate, and provide customized coverage for this often-overlooked risk.
As cyber exposures evolve along with advancing technology, businesses and their insurers will need to work closely together to strengthen security, fine-tune coverage, and stay ahead of emerging risks.
The benefits of a strong return-to-work program for employees and employers alike are clear, but many organizations struggle to accommodate injured workers. Bringing in dedicated, data-driven expertise in workers’ comp, safety, and RTW programs can make a difference.
Captives are required to meet a minimum capital standard, but this number is only the start to solvency and financial success for the company. Adequate capital enables growth, stability and opportunity to take on more risk in the future.
Operating a multinational business requires strong risk mitigation strategies and solid insurance partnerships, especially when it comes to managing property risk.