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.
Wind, solar and geothermal energy solutions are rising in popularity among insureds. Initiatives in this green transformation have environmental underwriting support from the experts at Philadelphia Insurance Companies.
Finding and retaining insurance talent need not be an arduous task for those already in the industry; there are several tactics today’s seasoned human resource professionals can implement to bring in the right talent and show them just how great an insurance career can be.
Working with multiple partners and handling sensitive financial data exposes payers to significant cyber risk. Adopting a secure, centralized platform helps to manage this risk while enhancing efficiency.
Owners Professional and Protective Insurance, or OPPI, coverage provides an additional layer of professional liability for project owners, keeping their assets covered and their buildings secure.
As carrier interest in The Lone Star State grows, understanding the current P&C challenges and getting better geographical exposure management and risk classification are paramount for success.
Agents and brokers are key players for public entities aiming to navigate changes during election season. Having the right carrier partner in place makes the job of the agent or broker that much more effective.
Operating a business comes with its share of challenges, but having an insurance partner that strives to understand and align with your operations can make all the difference.
With a new year around the corner, Risk Strategies takes a deeper look at the trends, insights and opportunities available for the insurers and their clients.
Digitization that aligns technology and data across the workers’ compensation industry can revolutionize the way stakeholders collaborate, improving patient care and driving better claims outcomes.
Carriers that have the depth of experience and the vision to create and maintain stable portfolios will be better partners to buyers and distributors of insurance in the long run.
This past spring brought several updates to the renewable energy tax credit guidance from the Inflation Reduction Act, prompting those in the space to review their options for tax liability insurance.