Distinguished

JULY 8, 2024

A: There are several important considerations including: Specialty coverage that caters to the hotel industry risks and exposures. Underwriters with hospitality industry knowledge and expertise. Our underwriters will look at the security the hotel has in place. Q: Will Distinguished write exterior door hotel locations?

Insurance Broker 52

Insurance Broker Broker Broker-Agent Insurer 52

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market.

Property Insurance 52

Property Insurance Commercial Property Liability Insured 52

Bankers Insurance

JULY 22, 2024

The Westfield Insurance Foundation, an independent private foundation endowed by Westfield, awards the donations to support their top agents’ local communities. said Ed Largent, Westfield president, CEO, board chair and Westfield Insurance Foundation chairman. “As Today, more than 175 years later, as a leading U.S.-based

Broker-Agent 64

Broker-Agent Insurer Insured Insurance 64

Word & Brown

NOVEMBER 14, 2024

Let’s face it – staying on top of insurance industry changes is no easy task. Whether you’re just starting out or you’re a seasoned pro, having the right insurance training programs and educational resources can make all the difference. Training can be accessed online or in person.

License 52

License Broker Insurer Insured 52

Scott Insurance

JANUARY 28, 2022

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. Underwriting is extensive and involves separate applications/questionnaires and an extensive review of historical claims.

General Liability 52

General Liability Deductible Liability Property Damage 52

InsuredMine

MAY 2, 2024

Or what if your home insurance could send you alerts about potential risks and offer customized coverage options? These kinds of innovative services are becoming a reality thanks to insurtech, the use of technology to revolutionize the insurance industry. You might be thinking, “APIs?

Insurer 52

Insurer Insured Insurance Insurance Industry 52

Majesco

MAY 23, 2024

Insurance company profit margin results right now are like trying to keep water in a leaking bucket. Can insurers fill the bucket with the right premiums as fast as claims pour out potential profits? It’s about rethinking underwriting and claims as well as rethinking risk resilience. This is a reaction, not a long-term solution.

Risk 40

Risk Underwriting Underwriter Insurer 40

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. The Importance of Customer Retention The importance of customer retention in the insurance industry cannot be overstated. Insurers leverage a wide range of data points to build accurate prediction models.

Risk 52

Risk Policyholder Insurer Insured 52

Protect Commercial Insurance

DECEMBER 6, 2024

This era gave rise to specialised insurance products, covering factories, railways, and an expanding workforce. By the 20th century, the insurance industry began to reflect broader societal shifts. This transparency builds trust between insurers and policyholders, as all parties have access to the same information.

Commercial Insurance 52

Commercial Insurance Commercial Insurer Insured 52

Majesco

JUNE 13, 2024

The world and the economy have handed insurers a tough equation. Can actuaries, underwriters, and business leaders get back on top and win the combined ratio game? For several years, the insurance industry has been focused (and rightly so) on the customer experience. The issue becomes much larger when we look at trends.

Risk 40

Risk Underwriting Underwriter Insurer 40

American Agents Alliance

DECEMBER 14, 2024

Ways Agents Can Succeed During Shifting Insurance Market Conditions Agents can keep up with changing market demands by focusing on these steps: Understand the changing insurance market conditions and landscape. Soft markets often mean more competition as insurers lower premiums or broaden coverage to attract customers.

Broker-Agent 40

Broker-Agent Agents Broker Insurer 40

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Opaque, ill-defined language empowers predatory “ billboard attorneys ” to define these terms themselves, contributing to pervasive policyholder distrust, said Jeff Sauls, Farmers Insurance head of legislative affairs. Fixing “an economy-wide problem,” she explained, requires an “economy-wide coalition.”

Out-Of-Pocket 64

Out-Of-Pocket Broker-Agent Premium Claim 64

American Agents Alliance

DECEMBER 8, 2024

2025 will bring new ideas, innovations, and changes to an ever-evolving insurance industry. Driven by rapid advancements in technology, shifting risks, and increasing policyholder expectations, the industry will likely have different products and services by the time 2025 draws to a close.

Broker-Agent 40

Broker-Agent Broker Agents Risk 40

Scott Insurance

APRIL 21, 2020

Material Change in Risk Manufacturers & Distributors should prepare for the possibility of increased underwriting scrutiny. Materially modifying production and assembly lines to provide desperately needed PPE products could change risk considerations and impact an organization’s insurability.

Risk 40

Risk Liability Underwriting Underwriter 40

Majesco

JULY 25, 2024

i] This has generated a whole new business model that will rapidly separate Leaders from Followers, as Majesco pointed out in its Core Systems report , Realignment in Insurance: Legacy Core Impact. That’s the fascinating part about the application of GenAI and AI/ML within insurance. But that is a fallacy. Mind the gap!

Insured 40

Insured Insurer Insurance Underwriting 40

Majesco

MARCH 14, 2024

The insurance industry has its own set of trends, but in our case, it is important to distinguish between technology trends (such as cloud vs. on-premise) and pain point trends (such as increased risks and a growing number of retirements). They have created different models to support underwriting decisions, etc.

Insurer 40

Insurer Insured Insurance Building 40

Jackson & Jackson

MAY 22, 2024

With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. This can help investors attract quality tenants and build trust in the property’s management, which can contribute to the property’s long-term success.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurer 52

Redbird Agents

NOVEMBER 15, 2024

Filling senior-level roles in the insurance industry requires more than just sourcing resumes—it demands precision, industry knowledge, and a focus on long-term success. For example, if the role is in underwriting, highlight the necessary actuarial knowledge and familiarity with reinsurance.

Insurer 130

Insurer Insured Insurance Casualty Insurance 130

Agency Revolution

AUGUST 21, 2024

Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector. Prior to joining Agency Revolution, Dan spent 20 years at Nationwide where he served in management roles for commercial underwriting, loss control, sales automation and technology, and business architecture.

Broker-Agent 105

Broker-Agent Insurance Carrier Insurance Agent Insurance Agents 105

Agency Revolution

AUGUST 21, 2024

Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector. Prior to joining Agency Revolution, Dan spent 20 years at Nationwide where he served in management roles for commercial underwriting, loss control, sales automation and technology, and business architecture.

Broker-Agent 52

Broker-Agent Insurance Carrier Insurance Agent Insurance Agents 52