Critical Information for P/C Carrier Executives
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| | | Happy Holidays from IAA | | Wishing you a Happy Holiday and a joyful New Year. Best Wishes from your friends at IAA. | | | | IAA, Inc. | |
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Today's Headlines | December 8, 2021 |
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Consistency and stability. These insurance industry cornerstones support our capacity to understand and price risks. They provide the financial strength that allows our industry to weather all kinds of financial, economic and natural disasters—and even a pandemic. They also fuel the traditional leadership and management styles that have prevailed for decades. In 2020, we quickly... read more | | |
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| Advertisement | | | | Strength in Unity | | Improving how the insurance industry protects and restores properties. | | | | CoreLogic | Next Gear |
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For nearly 150 years, managing general agencies have been an important sales and distribution arm of the U.S. insurance industry, initially offering a way for an early insurance company to enter emerging Western states without having to invest in developing a local office. As the carrier's fronting mechanism, the MGAs were authorized to underwrite, issue... read more | | |
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Strategy must reflect a deep understanding of your markets, where those markets are likely to move in the future, and how taking steps to sustain your competitive advantages today will be essential for profitable growth tomorrow. Perhaps your strategy leads you to target new market ...read more |
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Buckle, an InsurTech with a full-stack insurance-as-a-service platform for the gig economy, has inked a managing general agency (MGA) agreement with Amwins Specialty Auto, a non-standard auto insurance specialist. read more | | |
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The property/casualty insurance industry is falling behind financial services and utilities providers when it comes to the digital customer experience, according to the J.D. Power 2021 U.S. Claims Digital Experience Study. Throughout 2021, just 40 percent of claimants interacted with an estimator via digital channels and only 47 percent made a claim via a website,... read more | | |
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A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it is seeing an uptick in ransomware attacks, it said in a report issued Monday. read more | | |
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Rohingya refugees from Myanmar are suing Meta Platforms Inc, formerly known as Facebook, for $150 billion over allegations that the social media company did not take action against anti-Rohingya hate speech that contributed to violence. read more | | |
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AXA XL hired two new senior underwriters for its Excess & Surplus casualty insurance arm. Berkshire Hathaway Specialty Insurance (BHSI) promoted one of its executives to be Head of Life Sciences in North America. read more | | |
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The new infrastructure bill will allow teens to make interstate trips. A software update over the summer gave many Tesla drivers the ability to play video games while the vehicle is in motion. *** The new infrastructure law signed by President Joe Biden will let some drivers as young as 18 make interstate trips in... read more | | |
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| Simplicity and efficiency for commercial auto. Two key business drivers for ... read more | |
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| Effective distribution is essential to carrier success, especially as the ... read more | |
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| This paper will review the current model of incident response for ransomware ... read more | |
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| Data should point the way, not get in the way. Making the most of abundant ... read more | |
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| Accelerate competitiveness with a digital ecosystem. Revolutionize your ... read more | |
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