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Every insurance organization works hard to manage risk, improve profitability, and drive growth. Premium leakage is a challenge that quietly undermines all three goals.
by
Resource Pro Editorial Team
The insurance industry’s capacity to provide coverage for climate and cyber risks is increasingly the subject of public and regulatory attention. What receives less scrutiny is the structural reason the industry struggles to price and scale these exposures: fundamental gaps in the data needed to model them, combined with organizational boundaries that prevent the kind
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Resource Pro Editorial Team
As insurers and state regulators tally losses from Hurricane Ian, climate experts advise bracing for more intense storms as “traditional” weather patterns shift. To handle claims arising from such CAT
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Resource Pro Editorial Team
Checking policies for accuracy and completeness is commonly perceived as an administrative task, with many agencies using policy checking as a training ground for junior and early-career associates. Unfortunately, this
by
Brenda Grow
' 2022 is presenting new challenges that are forcing insurers to shift their channel focus—while initiatives remain aggressive, insurers are scaling back and being more cautious as major transformation continues
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Mark Breading
Certificates of insurance are more complex than they appear. Agencies may not realize just how much time, effort, and risk responding to those requests and issuing certificates can entail, making
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Brenda Grow
In order to place a risk with a surplus lines carrier, the retail/producing agent involved must complete a diligent effort search. There are a few exceptions to this requirement. The
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Resource Pro Editorial Team
When businesses think of automation, many envision straight-through processes that occur quickly and without any human intervention, or as a solution that is easy to implement and simple to maintain.
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Justin Reisinger
Insurers have reexamined their strategies amid new demands as underwriting departments experience waves of changes. Now, new research shows the results of insurers’ efforts in transforming their underwriting businesses, and
Businesses registering with the Secretary of State’s Office or seeking to add a “DBA” name to their insurance license and/or Certificate of Authority often express surprise when we mention newspaper
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Resource Pro Editorial Team
Find out how our Insurance Experience Center helped one insurance broker overcome the challenges of servicing small commercial accounts while maintaining operating margins.
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Resource Pro Editorial Team
Today's MGAs and MGUs look vastly different than they did ten years ago. The insurtech boom brought new tech capabilities to the space, including digital and analytics platforms, that have
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Heather Turner
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