Agent digital experiences are moving to the forefront of property/casualty insurance carrier technology strategies, according to a recent survey report published by Celent. Just having a web portal isn’t going to cut it anymore, with 94% of 35 North American …
Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently before an audience of insurtech entrepreneurs, Chubb CEO Evan Greenberg was having none of that. “It’s just hype,” Greenberg said …
By L.S. Howard Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face the construction industry — but will drive new opportunities, according to a report published by Marsh and …
One of Oak & Associates’ key clients in Oregon, Blake Schellenberg of RPIS wrote a newsletter to their clients outlining all of the rate increases they were seeing by line of business. RPIS’ management sent it to all of their …
Amazon.com Inc. has been accused of violating Colorado state law by failing to pay warehouse workers for time spent undergoing COVID-19 screenings before clocking in at work. Jennifer Vincenzetti, who worked at two Amazon warehouses in Colorado Springs, filed a …
Remote work is now an accepted practice for both agencies and insurers whether by necessity due to the pandemic or a growing workforce preference for working at home. Even considering the advantages of remote work such as flexible work schedules, …
Merger and acquisition activity increased in the first half of 2021 in most insurance sectors but not in the property/casualty sector. According to Deloitte’s Midyear Insurance M&A Outlook, the number of M&A deals is up 18% year-to-date and aggregate deal …
To paraphrase Sir Walter Scott, “Oh what a tangled web we weave when we try to figure out coverage under multiple insurance policies.” This month, I’d like to feature a real-life coverage scenario involving both personal and commercial lines policies …
Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an insurance agent or broker …
Whether in work or play, it’s good to have a guide. Kapnick Insurance Group in Adrian, Michigan, has that covered with its Kapnick Compass, principles that define “who we are, our common language, and how we treat each other,” said …
