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Exploring E&O and MPL | Insurance Business America
In the latest edition of Insurance Business TV, join Daniel Mogelnicki, of Westfield Specialty, as he examines the state of the E&O and MPL market. In this interview he delves into the specific opportunities in MPL classes, and offers tips for brokers operating in the space. Source link
In the eye of the storm: How insurers can manage SCS risk
Carriers should continually adjust their strategies across underwriting, pricing, and claims to stay ahead Source link
The Standard finalizes Allstate voluntary benefits acquisition
The acquisition adds approximately $2 billion in enterprise value to The Standard’s group benefits division to expand its footprint in the voluntary benefits space, complementing its offerings in disability, life, dental, vision, and paid leave services. Source link
Insurance moves at LexisNexis, NFP, Intact Insurance and others
Bessire, former CTO and chief data officer at Coterie Insurance, will enhance MGT’s AI-driven risk assessment and pricing capabilities. Johnson, with a track record in scaling agency networks, will lead business development efforts to expand MGT’s presence nationwide. Source link
Why M&A is booming in specialty insurance
Farrah Ata (pictured), a property and casualty insurance broker for Willis Towers Watson’s M&A practice, has had a front-row seat to these shifts. From automated manufacturing to cyber benchmarking tools, her work reveals how insurers are building tailored verticals for risk lines that didn’t exist ten years ago – and using that infrastructure to accelerate…
What is Commercial Umbrella Insurance?
With the rising costs of lawsuits, medical expenses, and settlements, your standard commercial liability coverage limits may fall short if you need it. That’s where commercial umbrella insurance plays a critical role, providing added protection when you need it most. Read the article below as Thomas McMillan, commercial underwriting specialist at Central Insurance, delves into…