Berkshire Hathaway is shuttering its online distribution business in India two years after it began offering non-life products as a corporate agent of one of Indias major insurance providers.
The face of the Kidnap & Ransom insurance market is changing as exposures become more broadly distributed across all business lines, sizes and insureds.
While wildfires raged this year in California, Colorado and Arizona, high-net-worth insurers were there too, providing fire deterrent services to the mansions and sprawling estates of their private-client insureds.
More commercial insurers are using microinsurance to gain a foothold in the worlds emerging markets. What role can agents play in targeting tomorrows insurance customerswhether abroad or domestically?
The majority of todays travelers say they have no interest in purchasing Travel insurance and few say they have a good understanding of the coverage it offers.