Risk & Insurance

Why Middle-Market Companies Need a Carrier with Industry Expertise

Deep knowledge of an industry allows underwriters to recognize exposures across multiple lines and build coverage accordingly, resulting in seamless solutions. The post

Posted: Dec 18, 2023

In Conversation: Sedgwick’s Max Koonce on Innovation in Claims Handling

New technologies are changing the way adjusters approach claims handling. The post In Conversation: Sedgwick’s Max...

Posted: Dec 18, 2023

6 Questions for Gio Smyth on WTW’s ICT Focus

Risk & Insurance sat down with Giovanni Smyth to learn more about how Insurance Consulting & Technology helps its partners become more efficient and find new ways to deliver value to customers throughout the insurance life cycle...

Posted: Dec 15, 2023

7 Current and Evolving Drug Trends in Workers’ Comp Medical Management

The decline in opioid prescribing is reshaping pharmacy costs in workers’ comp, allowing a more diverse range of concerns to come to the fore. The post

Posted: Dec 14, 2023

Allianz Points Out Key Risk Trends for Directors and Officers in 2024

Ongoing inflation, refinancing and insolvency pressures, and geopolitical and ESG issues are some of the headwinds D&Os need to be prepared for. The post

Posted: Dec 13, 2023

10 Key Cyber Risks to Watch Out For in 2024

Looking at cyber risks, this Resilience expert shares insight on what 2024 may bring. The post 10 Key Cyber Risks to Watch Ou...

Posted: Dec 13, 2023

10 Key Cyber Risks to Watch Out for in 2024

Looking at cyber risks, this Resilience expert shares insight on what 2024 may bring. The post 10 Key Cyber Risks to Watch Ou...

Posted: Dec 13, 2023

Legal Roundup: Ohio Reaches PFAS Settlement, Panera Faces Wrongful Death Suit and More

Three chemical giants have settled an Ohio PFAS lawsuit for $110 million, hinting at the scope of the industry’s legal challenges. The post

Posted: Dec 13, 2023

Three Best Practices to Set Capital Targets That Work for Your Company

Determining capital adequacy is influenced by an organization’s unique exposures, business goals and comfort level with risk. An experienced actuary understands the value of balance. The post

Posted: Dec 13, 2023

Severe Thunderstorms Cause Record $60B Insured Losses in 2023

Insured losses from severe thunderstorms hit a record $60 billion in 2023, contributing to the fourth consecutive year of losses exceeding $100 billion, according to Swiss Re Institute. The post

Posted: Dec 12, 2023

Severe Thunderstorms Cause Record $60 Billion Insured Losses in 2023

Insured losses from severe thunderstorms hit a record $60 billion in 2023, contributing to the fourth consecutive year of losses exceeding $100 billion, according to Swiss Re Institute. The post

Posted: Dec 12, 2023

2022 Workers’ Compensation Benchmarking Study

A Decade of Data: Latest annual report reveals the trajectory of how claims management has (or has not) progressed over the past decade—ultimately delivering a 10-year industry report card. The post

Posted: Dec 12, 2023

A True Insurtech Story : How Arch’s Accident and Health Business Unit Is Using Technology to Streaml...

Arch Insurance is leveraging its experience in the technology-focused travel insurance industry to digitize its growing accident and health business. The post

Posted: Dec 12, 2023

3 Workforce Dynamics Heightening Risks for Today’s Staffing Agencies

Staffing agencies face growing challenges as trends in crime, employment practice liability and auto accidents make risk management ever more complex. The post

Posted: Dec 11, 2023

The Insurance Communicators: A Conversation with United Educators’ Tish King

“With a career in insurance, you can help people recover from some of the worst situations imaginable. Your focus can be on helping others.” The post

Posted: Dec 11, 2023

These Are the 10 Most Pressing Challenges for Workers’ Comp, According to 500 Industry Stakeholders

From talent shortages to increasingly complex claims, these are the most pressing challenges for the workers’ comp industry, according to a recent Risk & Insurance survey of its stakeholders. The post

Posted: Dec 11, 2023

Severe Thunderstorms Drive Record Insured Losses in 2023

Swiss Re Institute, a leading global reinsurer, has estimated that insured losses from natural catastrophes will exceed USD 100 billion in 2023, marking the fourth consecutive year to cross this threshold. The primary contributor to this staggerin...

Posted: Dec 08, 2023

Financing Renewable Energy Risk Is Challenging. Can Carriers Deliver Consistent Pricing and Terms fo...

Amid a challenging property insurance market, the renewable energy space is showing a growing appetite for capacity and resilience solutions. The post

Posted: Dec 08, 2023

Legal Roundup: PepsiCo Faulted for Plastic River Trash, Toyota on the Hook for Lending Abuse, and Mo...

A look at the latest legal filings and their potential impact on the insurance industry. The post

Posted: Dec 07, 2023

Extreme Heat and Skilled Labor Shortages Are Just Some of the Risks Construction Faces

Climate change is warping many domestic and global industries. Construction may prove to be one of the hardest hit. The post

Posted: Dec 06, 2023

From Rising Social Inflation to Storm-Battered Capacity, the P&C Market in 2024 Could Be Déjà Vu All...

Economic uncertainty, rising claim costs and an increase in weather-driven losses aren’t exactly the market trends that we’d have selected to take with us into the coming year, had we been given the option. However, it looks like these are the con...

Posted: Dec 04, 2023

Inaugural Innovation Summit Steers Climate Resilience from Ideation to Action

To foster better collaboration and transparency, the Catastrophe Resiliency Council proposes an Open Industry Exposure Database for climate risk research. The post

Posted: Dec 02, 2023

In Conversation: Enlyte’s Legal and Regulatory Experts on Top Trends to Watch in 2024

From shifts in drug costs to state-based workers’ comp system restructuring efforts, these are the trends workers’ comp professionals need to make sure they’re paying attention to.  The post

Posted: Dec 01, 2023

Rising Star James Needham Talks M&As in the Energy Space, How the Geopolitical Environment Impacts B...

James Needham of Aon shares what it’s like to broker in the traditional energy sector, how renewable energy can work in tandem with traditional energy and what 2024 holds for the space. The post

Posted: Dec 01, 2023

Rising Star Dain Dockter Shares Trends the Trucking and Transportation Industry Should Watch in 2024

Brokering in trucking takes real "salt of the earth" people to understand the complexities and the challenges this industry faces. HUB International's Dain Dockter strives to be just that. The post

Posted: Dec 01, 2023