Insurers suffered sizable Contingent Business Interruption (CBI) losses last year, as catastrophes such as the Japan earthquake and Thai flooding wreaked havoc on supply chains worldwide. CBI losses, in fact, likely accounted for a substantial portion of the massive cat claims in 2011.
With abundant capacity available and reinsurers tempered approach to catastrophe modeling, reinsurance renewals are stable despite 2011s monster losses.
With abundant capacity available and reinsurers tempered approach to catastrophe modeling, reinsurance renewals are stable despite 2011s monster losses.
A decade ago, insurers and agencies jumped on the green bandwagon, certain that the sustainable trend would grow. But slow growth in a stagnant economy keeps them waiting for delivery on the promise.
A decade ago, insurers and agencies jumped on the green bandwagon, certain that the sustainable trend would grow. But slow growth in a stagnant economy keeps them waiting for delivery on the promise.
Insight from the nations first chief information officer on how to cost-efficiently innovate by turning to cloud computing; an update on a new agency/carrier system-connectivity processes that will eliminate the need for insurer-specific passwords; and ideas on how to utilize various social media sites effectively as part of your marketing...
Insight from the nations first chief information officer on how to cost-efficiently innovate by turning to cloud computing; an update on a new agency/carrier system-connectivity processes that will eliminate the need for insurer-specific passwords; and ideas on how to utilize various social media sites effectively as part of your marketing...
While many midsize businesses are now enjoying the same advantages Fortune 1000 companies have found in maintaining captive domiciles, a captive is not an appropriate self-insurance tool for every company.