The Business of Insurance
What's happening in insurance today? From market changes and M&A activity to new coverages, the insurance industry is ever-evolving. To stay up-to-date on the business, these articles, which are updated regularly, will help insurance professionals maintain a competitive edge.
September 25, 2020
Captive insurance uptake rises amidst ongoing 2020 pandemic threatsMarsh formed a record 76 new captive insurance companies between January and July this year.
September 22, 2020
Opportunities abound for agents to enhance personal lines servicesA Nationwide study shows that consumers have evolving needs that require the support and expertise of insurance agents.
September 17, 2020
Insurance job growth continues six months into the pandemicDespite more job opportunities entering the insurance market, the overall industry unemployment continues to rise.
September 15, 2020
Mid-market clients struggle to understand insurance needs, coverageThese clients have a lot to consider when shopping for insurance and typically face more challenges in the process than small-business owners.
September 15, 2020
E&S insurance midyear premiums reflect market uncertaintySurplus lines growth continued during the early days of the global pandemic, but the number of filings shrunk in several states.
September 14, 2020
Insurers need talent to meet catastrophe, COVID-19 demandsLawsuits and natural disasters have brought in a new crop of general counsel in the insurance industry during the pandemic.
September 14, 2020
AM Best highlights 2020's surplus lines market opportunitiesTo borrow words from one surplus lines thought leader: 'There are many possibilities before us in a dynamic and challenging market.'
September 09, 2020
P&C insurers' performance declines in first-half 2020 amidst pandemicWhile overall losses remain manageable for most insurers, losses from natural catastrophes and civil unrest outpaced coronavirus claims.
September 03, 2020
Agents could do more to service clients' needs, study findsFurthermore, nearly half of the insurance agents in the survey said providing the level of service customers demand is a challenge.
September 03, 2020
P&C investment portfolios post-pandemic: Where to go nextHow should insurance companies manage investment risk in 2021 and beyond? It requires a focus on fundamentals with added patience & caution.