Commentary

The simple truth is there is no such thing as IT strategy in insurance, just the IT element of the business strategy.

The simple truth is there is no such thing as IT strategy in insurance, just the IT element of the business strategy.

There is a lot of anticipation surrounding the Government Accountability Office’s investigation of some states’ interpretation of the federal Liability Risk Retention Act. For months the GAO has been questioning risk retention group owners and managers, seeking comments on the treatment received from various states.

Fortunately for the insurance world, executives are hungry for this information and are convinced that getting a 360 degree view of their customer—both agents and policyholders—is worthwhile. They actively take this information and turn it into strategies for attracting new business, rejecting old business, and sorting through claims.

Condominiums are a difficult subject in insurance because of the intersection of the unit owner’s policy and the association’s policy. Where exactly do the two policies meet?

How close are you to your co-workers? Ryan Hanley details how to counsel clients, and offers advice for young agents.