Property-casualty insurers should stress test their operations and consider ways to counter potential inflation impacts on both sides of their balance sheets.
Personalized packages that support all aspects of an employee's physical and mental health are essential and now feasible with modern digital technology.
There is no going back. Insurers must optimize operations for remote teams and supporting partners serving an increasingly diversified, and shifting, client base.
But Russia’s invasion of Ukraine; the move to decarbonization; crew and port congestion challenges and other issues mean there is no room for complacency,
The past several years have demonstrated that the insurance industry really needs to understand the social inflation landscape so we can begin to address it.
The majority of workplace injuries are slips, trips or falls, but there are many unexpected injuries, such as getting hit by lightning or falling overboard.
At this point, we believe that the hard U.S. E&S market will not end any time soon; however, some companies will struggle with prior year reserving issues.