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Construction's $30 billion problem is a process and data failure

Construction’s $30 billion problem is a process and data failure

Premium leakage is not a new concept in insurance, but the scale of it in commercial lines, and construction in particular, represents a level of revenue erosion that most carriers and program managers have not fully internalized. An estimated $30 billion in annual premium leakage across the insurance industry constitutes what Mike Warner, VP of

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Resource Pro Editorial Team

Insurance data migration: The operational risk hiding inside every modernization plan

Insurance data migration: The operational risk hiding inside every modernization plan

Across insurance, modernization has evolved from a strategic initiative into an operational necessity. Carriers are replacing decades-old policy administration systems, MGAs are expanding into new products, and Retail Agencies are consolidating through acquisition. Despite their different goals, they all face the same challenge. Data migration typically receives far less attention than the technology decision itself,

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Gerry Leitão

A man is showing new technology that could be used for the company in the future.

Motivate Employees to use New Technology

To drive adoption of technology, you must understand what motivates the users and what kills buy-in, according to a posting on Property Casualty 360.
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Resource Pro Editorial Team

Big red warning sign indicating danger ahead.

Insurance Agents E&O Expands to Cover Cyber Failures

With ongoing advances in digital communications and mobile access to data records, insurance agents need to reconsider their liability coverage.
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Resource Pro Editorial Team

A group of professional millennials leaning up against the walk smiling and excited to work.

7 Things Millennial Workers Want

43% of employees in their 20s and 30s are planning to look for a new job this year! Find out what Millenial hires want out of their jobs.
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Resource Pro Editorial Team

Business man predicting future outcomes by drawing an increasing line on bar graphs.

A Look at Insurance 10 Years Out

The view a decade out holds some amazing opportunities for insurance agencies, according to a LOMA survey of industry leaders.
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Resource Pro Editorial Team

There are three men and women in which they are marketing team and is looking to have success.

The (Slight) Millennial Gender Gap

Millennials’ aspirations and attitudes toward skills and the desirability of employment in specific industry sectors vary based on gender. Here’s why.
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Resource Pro Editorial Team

A person is trying to invest on a company with the money he has, but is not sure if he should do it or not.

Sluggish Investment Returns Pressure

Underwriting and premium growth are natural go-to operations, but can they make up for what could be continuing anemia in the capital markets?
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Resource Pro Editorial Team

All the fishes are following the red fish as it is the leading fish and they are all heading toward a new destination to live in.

Millennials Reveal Attitudes on Leadership

Millennials, those born after 1982, want companies they join to focus on improving society, according to Deloitte’s 2015 Millennial Survey.
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Resource Pro Editorial Team

A group of business people celebrating their award by jumping and shouting they won.

IBA Magazine’s Hot 100 for 2015

CEO Dan Epstein is one of 10 leaders to be named to Insurance Business America magazine’s list of Hot 100 people in the insurance industry.
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Resource Pro Editorial Team

A business woman is using her technological tools to communicate with the clients.

Millennials Require a Digital Touch

If you want to hire, sell to, or in any way reach individuals born between the years of 1980 and 1996, you need to develop your digital presence.
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Resource Pro Editorial Team

The latest version of a drone flying in clear blue skies.

Drone Applications Buzz Feds

The Federal Aviation Administration has banned most commercial drone use, but insurers are hoping to receive exemptions.
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Resource Pro Editorial Team

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Construction's $30 billion problem is a process and data failure
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Premium leakage in construction insurance

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Resource Pro Editorial Team

Insurance data migration: The operational risk hiding inside every modernization plan
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Insurance data migration: The operational risk

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Gerry Leitão

The carrier’s playbook for multi-state adjuster licensing: A strategic guide to compliance & rapid deployment
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Claims adjuster licensing playbook

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Resource Pro Editorial Team

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