Commercial Lines

Allianz SE named board member Oliver Baete to succeed Michael Diekmann as chief executive officer as Europes biggest insurer grapples with upheaval at Pacific Investment Management Co.

Fraud is roughly an $80 billion a year enterprise depending on which figures you use, and it's an issue insurers take seriously. I met some fraud investigators at the recent International Association of Special Investigation Units (IASIU) Seminar and Expo on Insurance Fraud and I have a message for fraudsters...

Consumers mobile reliance drives how and when they transact business with independent agents. But today more than ever, agents and brokers can turn to their carriers and vendors for empowering tech solutions.

There is clear evidence that a robust commercial salvage program can improve the overall claims process, but it requires a strategic shift in thinking when it comes to this often ignored area. The benefits of a more systematic approach to salvage include: increasing transparencies for claims and streamlining the overall...

Becoming analytics-enabled is perhaps one of the most important evolutionary steps forward an organization can make. The rewards of data-driven decision-making can be a powerful boost to the bottom line. For insurance companies, this may include using underwriting predictive models to increase profitability through more granular pricing, driving a six...

Shopping malls, once synonymous with American suburban sprawl and rampant consumerism, have been on the decline for years.