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Specialist Risk Group Acquires UK Claims Specialist One Claim Ltd.

Insurance Journal

Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced the acquisition of One Claim Ltd. Based in Essex, England, One Claim provides broker partners and their clients with claims management support from initial notification through to settlement. The One …

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Building Successful Insurance Referral Partnerships: A Guide for Brokers

Protect Commercial Insurance

Introduction Navigating the world of insurance can sometimes feel like traversing a labyrinth. For brokers, establishing solid insurance referral partnerships can be the golden key to success. Each partner brings their own clientele, allowing brokers to tap into unexplored markets.

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Insurance Claims-Handling Best Practices: Ensuring Smooth Claims Processing for Your Clients

Word & Brown

For HealthCare.gov consumers, in 2021, less than two-tenths of one percent of in-network claim denials were appealed. For those that were, insurers upheld the denial in 59% of cases. If that happens, there are some claims handling best practices you should consider.

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Blog Post: Stop! In the Name of Compliance: Ain’t No Mountain High Enough to Escape Enforcement Actions

LexisNexis

Disciplinary Process for Insurance Representatives Explore the disciplinary processes insurance regulatory authorities use to discipline insurance representatives. This practice note includes agent/broker reporting compliance procedures and the requirements for annual compliance certifications.

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Reflecting on the first 25 Years of LMI Group

Prof. Allan Manning

October 2007LMI develop and introduce 20% Catastrophe uplift of Business Pack policies with insurers and brokers with a great social conscious. May 2009: LMI first introduce 80% co-insurance into the Australian ISR policy with the support of brokers and insurers with a great social conscious.

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Healthcare Cyber Attacks: What You and Your Clients Should Know

ProWriters

In February 2024, Change Healthcare, whose technology powers the processing of some 15 billion medical bills and insurance claims a year, suffered a ransomware attack. The year 2023 set two records: the most reported healthcare data breaches (725) and the most breached records (more than 133 million).

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The Rising Cost of Litigation — Social Inflation and E&O Risk

American Agents Alliance

One of the most challenging and unpredictable issues facing the insurance industry lately is social inflation. This trend describes the phenomenon of unexpected rising insurance claim costs because of societal trends and views toward litigation. Educate policyholders about challenging hard market conditions.

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