How To Assess Your Organization’s Automation Readiness
Determining whether automation makes sense for your insurance organization requires assessment across multiple areas—your people, your business process, and your technology systems. It is critical to understand each area while considering implementing automation.
6 Trends Impacting Retail Insurance Agencies & Brokers
Between economic and talent challenges, increasing compliance obligations, and more, 2023 is set to be another interesting year for the insurance industry. Let’s explore the top trends affecting the space today and examine the impact they’ll have on retailers.
ReSource Pro Hires Thad DeBerry as Partner, Consulting
ReSource Pro, a provider of services for the property-casualty insurance industry, has named Thad DeBerry as a partner in its consulting team.
Frank Pennachio on Self-funded Health Plans
Frank Pennachio, Practice Leader, Growth Solutions, wrote for BenefitsPRO about the misconceptions and risks of self-insurance.
Opportunities Abound for Agents in E&S Market
The excess and surplus lines insurance market has long been a source of solutions for companies with emerging and difficult-to-place risks. The steady growth in E&S premium volume over the past two decades have made non-admitted business attractive for agencies and brokerage firms.
Surplus Lines Filing overview
ReSource Pro Compliance has the best-in-class tools and end-to-end support to meet brokers’ compliance needs.
Insurance Licensing overview
ReSource Pro’s licensing and compliance solutions proactively address your immediate and ongoing needs; our concierge service means that ReSource Pro’s experts handle every step of the process.
Corporate Compliance overview
ReSource Pro’s corporate compliance solutions provide expert guidance and support for each step of the registration and compliance process – which varies by state and business structure – coordinating with multiple regulators as needed.
Commercial Insurers are Approaching Strategic Initiatives Differently
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When analyzing the research from two lenses—trends in small commercial and mid/large commercial— we uncovered several major themes that define how commercial lines insurers are approaching strategic initiatives today.
AI and the Insurance Industry: Concerns and Best Practices
It’s easy to get caught up in the hype and promise of new technologies. But as insurance professionals, we must remember that AI is one tool of many at our disposal. We need to combine our understanding of its benefits with a healthy respect for the potential for damage if it is misused.