While current flight and maintenance crew talent shortages are impacting aviation operations, the industry is still one of the most heavily regulated. Partnering with an insurer that understands the sector’s strengths and weaknesses can add tremendous value when managing risk.
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.
Cyber and E&O coverages have been combined for years. Merging these coverages has yielded benefits for insurers and clients alike, but their distinct underwriting and claims management processes have also presented challenges. Here’s how the market has adapted.
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.
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.
Determining capital adequacy is influenced by an organization’s unique exposures, business goals and comfort level with risk. An experienced actuary understands the value of balance.
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.
Utilization review can be daunting for all parties involved. But with synchronized systems in place, clinical care for injured workers can flow like the notes of a well-orchestrated symphony.
Physician-dispensed topicals are costly and there’s no evidence that they are more effective than what is available through the more traditional distribution network of the retail pharmacy network. Why aren’t more states taking action?
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.
Paradigm’s Post-Acute Care Network offers expert coordination, data-driven facility selection and superior communication for injured workers as they transition from hospital to home.
Automated payment systems can free up time for insurance professionals, making them a perfect tool for everything from improving efficiency to managing the talent crisis.