CNO Financial sees shift in earnings amid market volatility in Q125
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Strong operating gains offset investment losses and derivative valuation impacts
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Strong operating gains offset investment losses and derivative valuation impacts
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[ad_1] Speaking to IB, he said that most industry leaders agree that the future of insurance networks will be shaped by strategic growth, technological advancements, and increased collaboration. Specifically, Strakhov pointed to discounted vendor services, specialized support in accounting, legal, financing and consulting, as well as partnerships with MGAs and wholesalers that allow agents to…
[ad_1] Vince Gaffigan, executive vice president and director of risk consulting at Lockton, addressed the increased complexity faced by risk managers today. According to Gaffigan, interconnected global systems in finance, technology, supply chains, and energy, combined with geopolitical shifts and market volatility, have significantly increased the speed at which risks develop. [ad_2] Source link
[ad_1] Committee chair Sen. Josh Hawley said many consumers feel abandoned when they need their insurers most. He cited repeated inspections, inconsistent estimates, and claim denials. “They delay, and they deny, and they offer excuses,” Hawley said, describing reports of insurers sending multiple adjusters with varying assessments. [ad_2] Source link
[ad_1] Healthcare expansion, rebrand for CRC Last month, the wholesale specialist also announced the hiring of Matt Zelenc as senior vice president within CRC Specialty’s ExecPro and Healthcare Practice Groups. In this role, he oversees a team specializing in management and professional lines of coverage, including healthcare services, private company management liability, and cyber liability….
[ad_1] Cyber capacity expansion Capacity in the cyber insurance market has also expanded, making it easier to secure $5 million and $10 million limits for primary and excess coverage, RPS reports. While certain industries, such as public entities, education, and healthcare, still face capacity challenges, the ability to source higher limits has improved. RPS attributes…
[ad_1] Move builds on efforts to meet rising digital risk needs [ad_2] Source link