Insurance Journal

SEPTEMBER 8, 2024

In the fast-paced insurance industry, efficiency and accuracy are paramount. Real-time rating and quoting have emerged as game changers for underwriters, enabling them to provide quick and precise quotes that … This post is part of a series sponsored by Selectsys.

Underwriter 242

Underwriter Underwriting Insurance Industry Insurer 242

Insurance Journal

SEPTEMBER 4, 2024

In the fast-paced insurance industry, efficiency and accuracy are paramount. Real-time rating and quoting have emerged as game changers for underwriters, enabling them to provide quick and precise quotes that … This post is part of a series sponsored by Selectsys.

Underwriter 246

Underwriter Underwriting Insurance Industry Insurer 246

Insurance Journal

SEPTEMBER 24, 2024

In the ever-evolving insurance industry, data analysis has become a cornerstone of the underwriting process. By leveraging data, underwriters can make more informed decisions, assess risks more accurately, and improve … This post is part of a series sponsored by Selectsys.

Underwriter 130

Underwriter Underwriting Insurance Industry Risk 130

Insurance Journal

SEPTEMBER 23, 2024

The Florida Surplus Lines Association, which notes it provides a safety valve for Florida’s property insurance industry, named new officers for 2024-2025 at its recent annual convention in Tampa. President: Virginia Clancy, TAPCO Underwriters President-elect: Albert Geraci, Risk Placement Services …

Underwriter 263

Underwriter Underwriting Property Insurance Insurance Industry 263

Redbird Agents

SEPTEMBER 4, 2024

Attending insurance conferences is a strategic move for any professional in the insurance industry, whether you are an established agent or new to the field. For insurance professionals looking to advance their careers, attending conferences with a clear game plan is vital. Why Attend Insurance Conferences?

Agents 130

Agents Insurance Industry Insurer Insurance 130

Prof. Allan Manning

FEBRUARY 24, 2023

During that time we have assisted thousands of claimants with their claims, and introduced world leading online services that take the lessons learned from claims, and use them to assist brokers and underwriters be better at their job, and to move the emphasis from price to protection.

Insurance Industry 130

Insurance Industry Business Interruption Claim Insurer 130

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. The industry’s estimated net combined ratio of 99.4 The industry’s estimated net combined ratio of 99.4

Commercial 49

Commercial Underwriter Underwriting General Liability 49

Majesco

AUGUST 8, 2024

The business value of intelligent, AI-powered underwriting solutions, business processes and operating models is driving operational efficiencies, productivity, and profitability. As reflected in Majesco’s 2022 Strategic Priorities Research , 25-30% of insurers have implemented a digital underwriting workbench.

Underwriter 66

Underwriter Underwriting Insurer Insurance 66

Insurance Journal

JULY 15, 2024

Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a small underwriting loss in 2024 and achieve profitability in 2025, according to a report from the Insurance Information Institute (Triple-I) …

Premium 277

Premium Casualty Insurance Underwriter Underwriting 277

Insurance Journal

SEPTEMBER 11, 2024

Meister has more than 36 years of experience in the insurance industry, including underwriting leadership, program management and broker … Meister Joins Sertis as SVP, Distribution Partnerships Sertis, headquartered in Reno, Nevada, appointed Kurt Meister as senior vice president, distribution partnerships.

Underwriter 147

Underwriter Underwriting Broker Insurance Industry 147

Accenture: Cyber Insurance

NOVEMBER 30, 2021

As we wrap up 2021, it seems appropriate to revisit predictions we made for the insurance industry this year. I put forward my hypotheses last December in my post, 5 predictions for the insurance industry in 2021. Let’s see how those predictions held up. 1.

Insurance Industry 52

Insurance Industry Insurer Insurance Insured 52

Rough Notes

AUGUST 1, 2024

Using cognitive AI processes, CogniSure gives the insurance industry automated data structuring “[The AI platform can convert] 100-page loss runs into something that an underwriter or broker can make sense of within minutes without somebody manually keying.” —Sai

Underwriter 52

Underwriter Underwriting Insurance Industry Insurer 52

Brokers’ Service Marketing Group

JULY 27, 2023

In those instances where the case submitted isn’t as black and white as one would hope, a well thought out cover letter inclusive of case details will aid in the underwriting process. We worked with our underwriters at Lincoln Financial to provide some guidelines

Underwriter 52

Underwriter Underwriting Life Insurance Insurance Industry 52

Distinguished

JULY 8, 2024

Ready to boost your expertise in Hotel Primary Insurance? If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for Insurance Brokers,” don’t worry. Hear from industry experts as they discuss critical differences in Hotel Primary policies and key risks to consider.

Insurance Broker 52

Insurance Broker Broker Broker-Agent Inland Marine 52

Final Expense Brokerage

MAY 10, 2024

May 11, 2024 10:44:08 AM Contact Us Are you interested in becoming a life insurance agent? Discover the steps to kickstart your career in this rewarding industry. Life insurance agents play a crucial role in educating clients about the importance of life insurance and the various options available.

Life Insurance 100

Life Insurance Insurance Agent Insurance Agents Agents 100

Redbird Agents

AUGUST 28, 2023

Navigating the insurance landscape can be challenging for insurance agency owners. From understanding various acronyms and abbreviations like IMO, FMO, and MGA, to managing relationships with insurance carriers, there is a lot to consider. Frequently Asked Questions What is an IMO in insurance? Yes, I need an IMO!

Insurance Agency 130

Insurance Agency Insurance Carrier Insurance Agent Insurance Agents 130

Shield Insurance Agency

AUGUST 1, 2024

Shield Insurance Agency is Now Hiring a full-time Insurance Customer Service Rep and Account Manager for our main office in Hudsonville, Michigan. Shield Insurance Agency in Hudsonville, MI is now hiring! Protect Your Finances: The Truth About Small Insurance Claims Shield Insurance Agency is Now Hiring!

Insurance Agency 52

Insurance Agency Insurer Insurance Insured 52

Bankers Insurance

JULY 22, 2024

Westfield’s Legacy of Caring Program Partners with Westfield Insurance Agencies to Support Dozens of Nonprofits Across the Country Westfield partnered with Bankers Insurance to donate $9,500 to the American Red Cross as part of Westfield’s Legacy of Caring program.

Broker-Agent 52

Broker-Agent Insurer Insurance Insured 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 Premium 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.

Risk 40

Risk Underwriter Underwriting Insurer 40

InsuredMine

MAY 2, 2024

Can you imagine a world where your car could automatically adjust your insurance premium based on how safely you drive? Or what if your home insurance could send you alerts about potential risks and offer customized coverage options? In insurance, APIs can link up different systems, even old ones, making it easier to work together.

Insurer 52

Insurer Insurance Insured Insurance Industry 52

Majesco

JUNE 13, 2024

How did it come to the point where insurance doesn’t seem capable of taking the upper hand in the race between risk and profit? 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?

Risk 40

Risk Underwriter Underwriting Insurer 40

Jackson & Jackson

AUGUST 16, 2024

However, when it comes to homeowners’ insurance, the Golden State poses unique challenges for homeowners. In 2024, finding homeowners insurance in California has become increasingly difficult due to various factors. What is Homeowners Insurance?

Insurer 52

Insurer Insurance Insured Risk 52

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. In this context, understanding why customers might leave and taking preemptive steps to prevent churn has become a strategic imperative for insurance companies. However, the landscape has shifted dramatically.

Risk 52

Risk Policyholder Insurer Insurance 52

Agency Revolution

AUGUST 21, 2024

This strategic hire completes Agency Revolution’s leadership team and underscores its commitment to providing top-tier digital marketing solutions for independent insurance agents. Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector. and Canada.

Broker-Agent 105

Broker-Agent Insurance Carrier Casualty Insurance Insurance Agent 105

InsuredMine

MARCH 26, 2024

The insurance industry finds itself on the cusp of a transformative era, propelled by technological advancements that present both challenges and tremendous opportunities. Insurance companies recognize the imperative to invest in modern digital technologies to achieve their goals of cost reduction and revenue growth.

Insurer 52

Insurer Insurance Insured Insurance Industry 52

Majesco

JULY 25, 2024

Advanced analytics in insurance, when coupled with the right data, can identify new customers, drive operational improvements, or create better claims outcomes. From a business model standpoint and an operational perspective, insurers have a lot to be excited about. Gaps can be hazardous — in insurance, in business, and in information.

Insurer 40

Insurer Insurance Insured Underwriter 40

Agency Revolution

AUGUST 21, 2024

This strategic hire completes Agency Revolution’s leadership team and underscores its commitment to providing top-tier digital marketing solutions for independent insurance agents. Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector. and Canada.

Broker-Agent 52

Broker-Agent Insurance Carrier Casualty Insurance Insurance Agent 52

American Agents Alliance

JULY 5, 2024

And when it comes to the insurance industry, having data and using it well has become a differentiator. Improve underwriting accuracy using data. Predictive analytics can help improve the accuracy of risk assessments during underwriting. Data helps drive business decisions, define strategy, and develop ideas.

Risk 52

Risk Broker-Agent Agents Policyholder 52

Majesco

APRIL 25, 2024

Policy management flows smoothly from shortstop (underwriting) to second base (billing) to first base (customer service). The insurance infield turns grounders into outs, just as MLB infielders turn hits into double plays. For insurers, the grand slam is an exceptional customer experience with optimized operations.

Underwriter 40

Underwriter Underwriting Premium Claim 40

Jackson & Jackson

MAY 22, 2024

Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks.

Property Insurance 52

Property Insurance Commercial Property Commercial Broker-Agent 52

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). Technology and risk trends beg for a response from insurance executives.

Insurer 40

Insurer Insurance Insured Building 40

Triple-I: Business Insurance

JUNE 8, 2022

With this in mind, 73 percent of policyholders said they consider climate change one of their primary concerns, compared with 40 percent of insurers. “Insurers who prioritize focus on sustainability will be making smart long-term business decisions that will positively impact their future relevance and growth.

Policyholder 40

Policyholder Risk Underwriter Underwriting 40

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

Majesco

JUNE 27, 2024

InsurTech Insights 2024 demonstrated and highlighted what this industry can do when we bring together some of the brightest, forward-looking, and outside-the-box leaders, influencers, and thinkers for two days. In only their third year, with nearly 6,000 attendees, this was by far one of the most impactful industry conferences in years.

Insurance Industry 40

Insurance Industry Risk Underwriter Underwriting 40

Majesco

OCTOBER 10, 2024

Next week, many of us will meet and chat at ITC 2024, filled with the excitement of game-changing technologies and insurance startups. How can we create new business operating models and apply new technologies in ways that will simultaneously protect our insureds and protect our organizations?

Risk 40

Risk Auto Insurance Premium Underwriter 40

Scott Insurance

APRIL 21, 2020

Obtain certificates of insurance requiring sufficient insurance coverage limits and provisions. Material Change in Risk Manufacturers & Distributors should prepare for the possibility of increased underwriting scrutiny. Review contracts closely to ensure you are limiting liability and transferring risk when possible.

Risk 40

Risk Liability Underwriter Underwriting 40