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Companies with exposure to the sinking of the Deepwater Horizon oil rig in the Gulf of Mexico are insured for losses totaling about $1.4 billion, according to initial reports from the companies involved in the incident.
The pairing of service and technology hasn't changed since that time nor, I suspect, will it ever change. What has changed is the level of technology and the intensity of customer demand and expectations.
Each year, Claims Magazine awards an academic scholarship to a student at the Katie School of Insurance and Financial Services at Illinois State University.
Whether a loss is large or small, specialty items may often be the culprit behind snags, delays, and points of contention.
By simply managing to the numbers, claim managers and supervisors risk losing a vital sensitivity to the complex interplay between people and processes that only comes through using more qualitative instruments.
Being as prepared as possible is the best way to improve one's chances of being on the safe side of a reduction in force or getting a needed job offer if a layoff becomes an unexpected reality.
Several years ago, a study was funded by a collision repair group and several industry suppliers. They sought to identify and quantify repairers' perspectives on one of the most hotly debated claim programs of our time: DRP.
Golden Bear Insurance Company has implemented WebWriter Enterprise from Insurance Systems, Inc., to handle complete insurance processing for all of the carrier's personal lines business.
With a number of recent regulatory changes impacting the area of automobile claims, insurers should take stock of the requirements to help ensure they continue to remain compliant.
Given mentoring and the proper resources, college recruits excel.
From Vortex Weather Insurance
Hurricane-related financial risks can leave businesses vulnerable due to gaps found in traditional insurance policies. Parametric hurricane insurance provides a proactive solution for your clients to recover from hurricane-related financial losses quickly. Learn how this innovative coverage model offers transparent payouts based on measurable storm conditions--helping your clients bridge critical financial gaps when they need it most.
Download ResourceFrom Vortex Weather Insurance
Traditional insurance leaves gaps. Parametric policies offer a solution with fast, data-driven payouts for weather events. This white paper answers the top 5 questions brokers have, helping you differentiate your agency and grow your book.
Download ResourceFrom Voltaire
Discover how one mid-sized P&C carrier was able to quickly and accurately draft claims letters using AI to boost efficiency and savings while reducing compliance risk.
Download ResourceFrom Vortex Weather Insurance
When adverse weather hits, traditional insurance policies often leave clients vulnerable. Discover how parametric weather insurance offers an innovative, data-driven solution that complements traditional policies--ensuring your clients are protected no matter the risk. This white paper explains how to differentiate your services, fill coverage gaps, and tap into new markets that will help you expand your book of business.
Download ResourceFrom RPS | Risk Placement Services
The Executive Lines insurance market is evolving with new trends in competition, capacity, and underwriting becoming more prominent. To stay ahead in this dynamic market, you must understand these key trends and their implications. This analysis will equip you with the insights you need to secure optimal coverage for your clients in 2025 and beyond.
Download ResourceFrom Voltaire
Inefficient P&C claim letters hide significant costs. Discover how the application of AI for claims letters can transform this liability into a strategic asset, automating accurate letter generation for 200%+ ROI and operational efficiency.
Download ResourceFrom AgentSync
This guide explores the biggest pitfalls in Distribution Channel Management and practical steps you can take to reduce risk, streamline operations, and better support your agency relationships.
Download ResourceFrom AgentSync
Looking to cut appointment costs without risking compliance? Learn how Just-in-Time (JIT) appointments can help carriers save thousands while staying aligned with state regulations.
Download ResourceFrom Laserfiche
Insurers face mounting pressure from outdated systems, data silos, and rising customer expectations. Discover how a connected, digital-first approach can improve policyholder experiences, streamline operations, and help meet compliance mandates. This guide offers actionable strategies to modernize value-chain operations and drive business growth.
Download ResourceFrom Laserfiche
Rising customer expectations, more restrictive regulations, and increased competition are pushing insurers to modernize information management to boost productivity and efficiency. Discover how Intelligent Information Management (IIM) transforms insurance operations--addressing key challenges and delivering measurable ROI by streamlining processes, reducing costs, and enhancing customer experiences.
Download ResourceFrom Vortex Weather Insurance
Rain-related business disruptions can be costly for your clients. Parametric hourly rain insurance offers a proactive approach to mitigate financial losses from weather conditions. This data-driven solution delivers fast, automated payouts when rainfall thresholds are met, ensuring your clients are protected when they need it most.
Download ResourceFrom Vortex Weather Insurance
Hurricane-related financial risks can leave businesses vulnerable due to gaps found in traditional insurance policies. Parametric hurricane insurance provides a proactive solution for your clients to recover from hurricane-related financial losses quickly. Learn how this innovative coverage model offers transparent payouts based on measurable storm conditions--helping your clients bridge critical financial gaps when they need it most.
Download ResourceFrom Vortex Weather Insurance
Traditional insurance leaves gaps. Parametric policies offer a solution with fast, data-driven payouts for weather events. This white paper answers the top 5 questions brokers have, helping you differentiate your agency and grow your book.
Download ResourceFrom Voltaire
Discover how one mid-sized P&C carrier was able to quickly and accurately draft claims letters using AI to boost efficiency and savings while reducing compliance risk.
Download ResourceFrom Vortex Weather Insurance
When adverse weather hits, traditional insurance policies often leave clients vulnerable. Discover how parametric weather insurance offers an innovative, data-driven solution that complements traditional policies--ensuring your clients are protected no matter the risk. This white paper explains how to differentiate your services, fill coverage gaps, and tap into new markets that will help you expand your book of business.
Download ResourceFrom RPS | Risk Placement Services
The Executive Lines insurance market is evolving with new trends in competition, capacity, and underwriting becoming more prominent. To stay ahead in this dynamic market, you must understand these key trends and their implications. This analysis will equip you with the insights you need to secure optimal coverage for your clients in 2025 and beyond.
Download ResourceFrom Voltaire
Inefficient P&C claim letters hide significant costs. Discover how the application of AI for claims letters can transform this liability into a strategic asset, automating accurate letter generation for 200%+ ROI and operational efficiency.
Download ResourceFrom AgentSync
This guide explores the biggest pitfalls in Distribution Channel Management and practical steps you can take to reduce risk, streamline operations, and better support your agency relationships.
Download ResourceFrom AgentSync
Looking to cut appointment costs without risking compliance? Learn how Just-in-Time (JIT) appointments can help carriers save thousands while staying aligned with state regulations.
Download ResourceFrom Laserfiche
Insurers face mounting pressure from outdated systems, data silos, and rising customer expectations. Discover how a connected, digital-first approach can improve policyholder experiences, streamline operations, and help meet compliance mandates. This guide offers actionable strategies to modernize value-chain operations and drive business growth.
Download ResourceFrom Laserfiche
Rising customer expectations, more restrictive regulations, and increased competition are pushing insurers to modernize information management to boost productivity and efficiency. Discover how Intelligent Information Management (IIM) transforms insurance operations--addressing key challenges and delivering measurable ROI by streamlining processes, reducing costs, and enhancing customer experiences.
Download ResourceFrom Vortex Weather Insurance
Rain-related business disruptions can be costly for your clients. Parametric hourly rain insurance offers a proactive approach to mitigate financial losses from weather conditions. This data-driven solution delivers fast, automated payouts when rainfall thresholds are met, ensuring your clients are protected when they need it most.
Download ResourceFrom Vortex Weather Insurance
Hurricane-related financial risks can leave businesses vulnerable due to gaps found in traditional insurance policies. Parametric hurricane insurance provides a proactive solution for your clients to recover from hurricane-related financial losses quickly. Learn how this innovative coverage model offers transparent payouts based on measurable storm conditions--helping your clients bridge critical financial gaps when they need it most.
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