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US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

Insurance Journal

property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses, premium growth is helping the overall …

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Report: Policyholders See Climate as a ‘Primary Concern’

Triple-I: Business Insurance

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.

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Is your Agency Climate-Ready for 2025? The Role of insurtech on Risk Management

InsuredMine

Insurtech: The Game-Changer Insurtech, a fusion of “insurance” and “technology,” refers to the innovative use of technology to improve the efficiency and effectiveness of the insurance industry.

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From Risk to Retention: Transforming Insurance with Predictive Churn Analytics

InsuredMine

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. Understanding Predictive Churn Analytics Predictive churn analytics is revolutionizing the insurance sector by enabling companies to shift their focus from traditional risk assessment to proactive customer retention strategies.

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2025 Insurance Trends, Risks, and Opportunities for Agents and Brokers

American Agents Alliance

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.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

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.

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How to Leverage Data Analytics to Mitigate E&O Risk

American Agents Alliance

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.

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