Search
Search

M&A Keeps the Non-admitted Market Growing

Mergers and acquisitions have reached record heights for brokers in recent years. At the same time, rate increases and tightening in the admitted insurance market are causing more business to flow into excess and surplus (E&S) lines.

Personal Lines Insurers’ Post-Pandemic Transformational Tech Plans

‘
The COVID-19 pandemic was a catalyst for technological change across the insurance industry, especially within personal lines. Although it may not be accurate to classify our current era as post-pandemic, insurers have adjusted their plans to match the needs of society today.

Resident State Change: Compliance Tips

One of the great things about a career in our industry is the ability to pursue it anywhere, especially these days with more companies adopting remote-working strategies. Simply notify state regulators of a new home or business address within the mandated time frame. If a move takes a licensee across state lines, however, the process becomes more complicated.

A Roadmap to Growth for Workers’ Comp Carrier

To achieve long-term growth, a carrier sought to expand into new lines of business and diversify geographically with new products & channels. Throughout this journey, the client needed to maintain a strong balance sheet while delivering a superior customer experience.

The Metaverse: Closer Than You Think or Further Than You Can Imagine?

‘
There are arguments both for and against the near-term emergence and impact of the Metaverse. It is fun to think about how it may dramatically alter human existence in the future, but first, it is important to define what is even meant by the term—and there is no universal agreement on the concept.

ReSource Pro provides strategic guidance to startup MGU

Turning MGU Vision into Execution in the U.S. Wholesale Market Launching a managing general underwriter (MGU) in the U.S. wholesale market requires far more than underwriting expertise. Success depends on a clearly defined vision, a scalable operating model, disciplined governance, and a technology roadmap aligned to long-term growth. Without these foundations, even well-capitalized MGUs can […]

Organic Growth and M&A: Finding a New Balance

Most insurance businesses grow through a mixture of organic growth and acquisitions or mergers. Each approach has its advantages and challenges. Finding the right balance between these strategies is critical to optimizing growth and maintaining regulatory compliance, especially these days.

Is Your Insurance Agency Ready for Automation?

Automation is a powerful tool for insurance agencies. But do you have a full view of the cost, steps, and time required to develop, customize, and manage bots? Here’s what you need to consider to make the most of this technology