Deal activity dropped roughly 20% in 2024, interest rates remain stubbornly elevated, and capital—while still available has grown far more selective. Today, brokerages looking to expand, consolidate, or simply stay competitive are being asked a harder question: What kind of business are you really building? For most firms, the answer points toward one of three …
The story of climate-aware underwriting surpasses flood zones due to the lack of technology, while also acknowledging the importance of discernment. This is reflected in both legacy system reform and third-party litigation funding. Let’s take a closer look. 1. Should Bordereaux Finally Be Retired? Excel, Blueprint Two, and the Limits of Legacy Comfort.? The market …
Whether your goal is to stay insured without draining your wallet, manage a family, or protect yourself as a freelancer, this guide will help you navigate the maze of health insurance types to discover what’s best for you. Step 1: Start With What You Really Need Before diving into plan types, ask yourself: Do I …
The stakes are high. Supporting clients who lag on their climate commitments exposes insurers to regulatory fines, stranded assets, and reputational damage. Conversely, backing businesses that embrace the green transition offers not only environmental impact but tangible financial upside. After another record-breaking year for climate-related damages in 2024, insurers are realizing the same truth actuaries …
That intersection has a name: inclusive insurance. And it’s not a feel-good CSR side quest. It’s fast becoming a business imperative. Inclusive insurance is about designing coverage for the people the system has historically skimmed past low-income households, migrants, women, minorities, gig workers, and others whose lives don’t fit neatly into traditional underwriting boxes. Not …
However, you may be posing a more sensible query if you have ever looked at a 30-page policy paperwork and wondered what half of the phrases mean: Will AI genuinely make insurance easier and more affordable, or just a lot more ambiguous? The solution? A bit of each. Let us dissect it. The Good News: …
Climate change, however, is not just another variable in a risk model. It is a force that rewrites the model entirely. Today, underwriting carbon-intensive businesses without scrutiny doesn’t just expose insurers to higher claims it opens the door to regulatory penalties, stranded assets, volatile valuations, and reputational fallout that lingers far longer than a storm …
What’s left, when everything looks the same? Experience. Customer experience is no longer a supporting act or a branding flourish. It’s the battleground for loyalty. And many insurers, despite investing heavily in digital tools and personalization, are still losing ground. According to Accenture’s Empowered Consumer 2024 research, 74% of consumers have abandoned purchases because the …
It’s the quiet safety net most of us hope we never have to tug on, but are grateful to have when life starts shaking like a loose doorknob. But here’s the truth no one likes to talk about: Insurance can’t fix everything. It was never designed to. So let’s break down what insurance really does, …
Maybe you’re just hopping over to Toronto for a family wedding or spending a slow, dreamy week in a little Airbnb in Lisbon. So the question creeps in: If your trip is “normal,” do you really need travel insurance? Honestly? Yes. But probably not for the reasons you think. Let’s unpack it gently, logically, and …