Managing clients’ risks and costs is ‘number one topic’ with brokers and corporate clients for solutions business.
Travelers discusses the legal insurance landscape for 2022 and beyond.
Diversity in the re/insurance industry won’t just happen. To overcome the challenges of unconscious bias, businesses may need to start holding people accountable for accelerating the rate of progress.
Rates doomed to fall behind the curve under weight of unprecedented 2022 price hikes
Leveraging technology to secure growth and better profitability, and attract better people, is close to top of the agenda for many MGAs. They hope it can help them with today’s major challenges, including an ever-growing regulatory burden.
Automated processes and collaborative working will usher in the future of faster value-added analysis in the delegated space, argue Paul Templar, CEO at VIPR, and Steve Farrell, global chief operating officer at Acrisure Re.
Despite challenges, this is a very positive time for MGAs, many of which have the opportunity to shine in the current conditions—especially those able to leverage technology, says Mike Keating of the MGAA.
The MGA market is riding the crest of a wave, with rates still hardening and capacity keen to enter the sector. But that only represents half the story, as our MGA survey, conducted in partnership with the Managing General Agents’ Association, revealed.
The relationship between MGAs and Lloyd’s has been through the ringer with Decile 10 and Brexit. But Charles Manchester, MGAA chair, says a “fondness” for Lloyd’s could mean a reunion in the longer term.
The focus on data security ignores the sensitive information shared in the millions of documents that make insurance possible. Is it time for a new approach to technology? Intelligent Insurer hears from TIW Group.