Everyone is looking for places to “extend their runway.” We are all scrutinizing all of our expenses. We are all looking for places to accelerate our revenue recognition.
We’re all looking at difficult decisions around where to trim.
This is exactly the time you need to be paying more attention to your downstream risk, not less.
Like gap insurance for vehicles, surety bonds guarantee the performance of an individual or business under specific circumstances; they make up for where financial gaps might exist that could leave you vulnerable. So should you be considering them?
Data privacy concerns have been bubbling up under the surface for years now. With the House of Representatives having taken up legislation on the issue, privacy will be at the forefront of industry leaders’ minds moving into 2023. What could all this mean for the insurance sector? Let’s talk about that.
Social inflation affects our industry in big ways, but many of us don’t understand what it is or how it’s doing it. Here, we’ll break social inflation down, discuss it, and gain an understanding of what we can do as an industry to combat it.
When it comes to risk management, artificial intelligence (AI) is quickly becoming a game-changer. By automating repetitive tasks and analyzing data more efficiently, AI is helping insurance professionals and risk managers free up time to focus on more strategic initiatives.
It’s no surprise that inflation is getting its dirty little fingers into everything these days. Chip shortages, supply chain issues, OPEC…the list goes on and on. With a global economy comes global issues, and right now, it’s pretty painful. So how is inflation hitting workers’ comp, and more importantly, what are some things we can do to mitigate the rise in the costs of doing business?
