The purchaseer’s market is characterized by a soft market with stable premium rates, generous coverage terms, fierce competition among insurers, and ample risk appetite. A tough market (seller’ s market) is characterised by rising premiums, reduced coverage, increased flexibility for underwriters and reduced risk exposure. Firms are now observing a strengthening market after one of …
Left unaddressed, burnout can wreak havoc not just on your career, but also on your body, your relationships, and your immune system. The good news? There are practical ways to cope, heal, and even prevent burnout from consuming you. What Exactly Is Burnout? Early warning signs include: Loss of interest or motivation at work Irritability …
But here’s where the story gets interesting. Unlike past waves of tech enthusiasm whether it was knowledge management, IoT, or early analytics AI and automation appear to represent something different. For the first time in decades, underwriting executives see not just incremental gains, but transformational potential. Why This Moment Feels Different Having watched underwriting for …
For insurers, the key to success won’t just be adopting AI—it will be building a workforce that feels confident, capable, and inspired to use it. Companies that invest in people-first strategies for upskilling and attracting talent will not only keep pace but leap ahead. Here are three powerful ways insurers can prepare their workforce for …
This volatility is no longer just background noise for insurers; it is changing risk pools, distorting client demand, and driving up claims costs. The pressure is significant, as global GDP may decline by 0.3% to 3.9% and US inflation is predicted to increase by 0.8% to 2.8%. In the United States alone, households may have …
But here’s the thing: picking the right agency really does matter. Whether it’s your health, your home, or your business on the line, the agency you choose is the one that’s supposed to step in when life takes an unexpected turn. So how do you make sure you’re in good hands? Here are five down-to-earth …
Whether you’re an HR professional seeking innovative ways to support your staff or a business owner exploring new health insurance options, understanding how group health plans operate and its revolutionary benefits can be invaluable. Learn more here. How would you define a group health insurance plan? Group health insurance is a type of coverage that …
The right policy won’t just leave your loved ones a lump sum. It can offer them peace of mind, dignity, and the ability to maintain the life you helped build even in your absence. Here’s a thoughtful, no-fluff guide to help you navigate the process and find life insurance coverage that actually fits your life. …
Physical damage is not repaired by this coverage; that is the responsibility of your property insurance. Rather, it helps pay for essential costs during the time when your business is halted and replaces the lost revenue. Consider loan payments, rent, utilities, salary, and even short-term moving expenses. Business income insurance might assist you in surviving …
CRMs in the insurance industry do a lot more than just keep track of contacts. The right system serves as the nervous system of your agency, fostering partnerships, streamlining processes, keeping track of policy specifics down to the last detail, and ultimately enabling you to develop more quickly and with less resistance. InsuredMine has distinguished …