To say the agency technology space is robust is an understatement. Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but also their customer base,” says …
Whether technology is driving a “one size fits all” underwriting approach or carriers are narrowing their strike zone, this year’s independent agency survey from Channel Harvest reveals agents continue to ding companies for lack of flexibility. The latest Channel Harvest …
Private U.S. property/casualty insurers reported a $4.7 billion net underwriting gain in nine-months 2018, a sharp turnaround from a $21.0 billion net underwriting loss a year earlier. The results were helped by a rare decline in overall losses and loss …
Liberty Mutual has introduced a new distribution model for the U.S. in an effort to improve broker access to the insurer’s full suite of commercial and specialty insurance products. Shaun Kelly, president Global Risk Solutions Distribution, said in a statement …
Independent agents and brokers are focusing on growing the average size of their commercial lines accounts, according to “Agent Voices 2018,” a report based on a survey conducted earlier this year and cosponsored by Channel Harvest Research and Insurance Journal. …
While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer expanded protection. A new survey by insurance broker Ames & Gough finds some insurers are …
Underwriting is not dying. It is just being automated into digital algorithms versus analog human beings. Technology’s effect on life insurance underwriting is easiest to show by example. It is also further advanced in many ways. For example, what if …
The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report. Commercial auto has been a sore spot in the property/casualty for several years. Commercial auto insurers have tried to …
The Hartford has announced that Stephanie Bush, who has led small commercial since July 2014, will expand her responsibilities to include oversight for personal lines. She replaces Ray Sprague, who is retiring after a 30-year career with The Hartford. Bush …
Insurance Journal’s Charity Issue will highlight some of the many charitable tales in insurance. Share your firm’s story on how you support the community. Enter your photos and a brief description of the event here. Deadline for inclusion is December …
