Articles by Allen Laman

Female Gig Workers Face 32% Average Pay Gap

Female gig workers in the U.S. make less than males, wear more hats, and are more worried about their futures, according to Legal & General Group research. A study sponsored by the group found that across all categories of respondents …

Opportunity to Bring Value in High-Net-Worth Space

Expertise and relationship-building are especially important when securing insurance coverage for high-net-worth individuals. In the dynamic high-net-worth (HNW) homeowners insurance space, independent agents and brokers can stand out with their advice and guidance. High-value home insurance is designed for high-net-worth …

Livestock Operations Grow as Demand Rises; Nationwide’s Cumings Sees Direct-to-Consumer Models Adding Additional Liability Risk

Specialization is critical in the cattle business and increased consumer demand for protein is driving new trends, including niche farms that offer direct-to-consumer strategies. In today’s evolving and growing livestock landscape, deep knowledge of market conditions and specialization is key …

Young Voices Reflect on Industry Talent Crisis

It’s no mystery: The insurance industry is experiencing a monumental shift. In June 2021, the U.S. Chamber of Commerce issued a report citing U.S. Bureau of Labor Statistics numbers forecasting that over the next 15 years, 50% of the current …

Tech Trends Unpacked at Insurtech Summit

A new event recently brought insurtech experts together to explore trends and share tips. On Jan. 20, industry groundbreakers, forward-thinking agents and other digital thought leaders in the independent agency space gathered in Savannah, Ga., for the first Big “I” …

Warming Trend Continues in 2022 and Expensive Weather Events Pack Punch

According to data presented during a joint NASA and NOAA webinar earlier this month, 2022 was among the warmest years recorded since the late 19th century – continuing a trend that has shown gradual global temperature warming in recent decades. …

To Compete for IT Talent, Industry Must Embrace the Cloud

To compete for top IT talent, the insurance sector will need to evolve. Jay Rabinowitz, vice president of financial services and insurance at Workday, predicts that IT and data scientists at insurance companies will be recruited away by tech firms …

FloodFlash Eyes Parametric Splash in U.S.

Parametric flood insurance is still in its infancy in the United States, but one index-based insurer is preparing to make a splash in five states in early 2023. FloodFlash is set to begin offering parametric coverage for commercial businesses in …

Hazard Assessments Lag at Restaurant Companies: Marsh

Formal hazard assessments at restaurants are key in reducing worker injuries and insurance claims. In recent years, however, a sizeable number of companies have not conducted the required inspections, according to a recent survey. In the Marsh survey, 49% of …

Hazard Assessments Lag at Restaurant Companies: Marsh

Formal hazard assessments at restaurants are key in reducing worker injuries and insurance claims. In recent years, however, a sizeable number of companies have not conducted the required inspections. According to a Marsh survey, 49% of companies haven’t conducted a …