Articles by Andrea Wells

Andrea Wells is vice president of content for Wells Media Group Inc., overseeing coverage for its multiple print and digital platforms. She is a veteran insurance journalist with more than 20 years’ experience covering the property/casualty industry. She has won several awards from the American Society of Business Publication Editors (ASBPE), including awards for original research for her work on Insurance Journal’s annual salary survey of retail insurance agencies and its annual survey of young insurance agents. She can be reached at: awells@wellsmedia.com.

Best Agency to Work For – Overall: Rogers & Gray Insurance

People, culture, strong leadership, respect, profitability, growth and community involvement are a few of the reasons why South Dennis, Mass.-based Rogers & Gray Insurance took this year’s Overall Best Agency to Work For award. More than half of Rogers & …

Time Is Right to Review Agency E&O Limits

Fewer independent agencies are facing increased premiums for their agency errors and omissions (E&O) coverage and some experts say that is one reason they should consider upping coverage limits at their next renewal. Insurance Journal’s exclusive 2015 Agency E&O Survey …

Flipped Upside Down

A rise in on-demand car services and the adoption of autonomous vehicles will be contributing factors to a huge reduction in the size of the auto insurance market, according to a report by the consulting firm KPMG. In its report, …

Consumer Risks & Worries

Joe Public has joined U.S. business owners in worrying about cyber risk more and more. Cyber-related concerns grew by more than 20 percentage points among consumers from last year, moving from the fifth-ranked to the third-ranked concern overall, in the …

The Price of Price Optimization

The use of price optimization in insurance pricing is drawing increased attention and could be the next big industry battle. Or it could not be. Consumer groups and a growing contingent of states are labeling the practice as unfairly discriminatory …

What’s Driving Surplus Lines Insurance Growth?

Times are good for surplus lines professionals. The surplus lines industry reached new heights in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion – the highest point in history, reports A.M. Best’s “2014 Special Report U.S. Surplus …

Embrace Diversity

Willis Great Britain CEO Nicolas Aubert issued a call to the re/insurance industry to embrace diversity. Challenging the status-quo, he said the industry needs to employ a truly meritocratic approach to hiring. Aubert was speaking at the start of the …

Best Agency to Work For – Overall

SOUTH DENNIS, MASSACHUSETTS Rogers & Gray Insurance Best Agency to Work For – Overall ‘Feeling of Family’ at Rogers & Gray People, culture, strong leadership, respect, profitability, growth and community involvement are a few of the reasons why Rogers & …

How Big Is Cyber Risk?

Cyber risk is costing the global economy $445 billion annually, $108 billion of which comes from the U.S., according to a new report. The report from insurer Allianz Global Corporate & Specialty also predicts cyber insurance premiums will grow globally …

Repeating Mistakes

Lloyd’s international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new poll of Lloyd’s reinsurance specialists. The survey conducted by the Lloyd’s Market …