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In a recent article published by The Insurance Lead, “Closing the protection gap: how Faura tackles insurance’s $350 billion natural disaster problem,” the publication highlights Faura’s attempt to reframe how catastrophe risk is assessed and priced. Insights from The Insurance Lead’s coverage of Faura and the $350B natural-disaster insurance gap Instead of relying solely on
By
Resource Pro Editorial Team
In a recent article published by The Insurance Lead, “Insurance innovation moves at a glacial pace. Mile Auto’s Fred Blumer thinks that’s about to change.” Author David Kaplan explores Blumer’s perspective on why the industry struggles to move forward and what might open the door to meaningful progress.
By
Resource Pro Editorial Team
Between economic and talent challenges, increasing compliance obligations, and more, 2023 is set to be another interesting year for the insurance industry. Let’s explore the top trends affecting the space
bySusan Touissant
The excess and surplus lines insurance market has long been a source of solutions for companies with emerging and difficult-to-place risks. The steady growth in E&S premium volume over the
byResource Pro Editorial Team
' When analyzing the research from two lenses—trends in small commercial and mid/large commercial— we uncovered several major themes that define how commercial lines insurers are approaching strategic initiatives today.
byMark Breading
It’s easy to get caught up in the hype and promise of new technologies. But as insurance professionals, we must remember that AI is one tool of many at our
byResource Pro Editorial Team
Macroeconomic conditions are challenging for insurance companies in general, but they offer some opportunities for surplus lines companies. With inflation at a 40-year high, insurance rates are likely to remain
byResource Pro Editorial Team
Most insurance professionals understand that failing to meet their compliance obligations can result in censure by regulation authorities. Often, however, they underestimate the real harm such penalties can do
byResource Pro Editorial Team
Mergers and acquisitions have reached record heights for brokers in recent years. At the same time, rate increases and tightening in the admitted insurance market are causing more business to
byResource Pro Editorial Team
' The COVID-19 pandemic was a catalyst for technological change across the insurance industry, especially within personal lines. Although it may not be accurate to classify our current era as
byHeather Turner
One of the great things about a career in our industry is the ability to pursue it anywhere, especially these days with more companies adopting remote-working strategies. Simply notify state
byResource Pro Editorial Team
To achieve long-term growth, a carrier sought to expand into new lines of business and diversify geographically with new products & channels. Throughout this journey, the client needed to maintain
byResource Pro Editorial Team
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