Benjamin Tailor

Benjamin Tailor

Digital Insurance Consultant Benjamin Tailor has extensive experience in the Financial Services industry and is considered authority in Insurtech. He is particularly interested in the potential of AI to enhance claims processing and offers an overview of insurance innovation. His content is packed with insights and tips that provide his audience with key perspectives needed to stay ahead of market trends.
Is Prudential's New Strategy and Leadership a Path to Higher Growth?
Market Analysis Is Prudential's New Strategy and Leadership a Path to Higher Growth?

Prudential Financial Inc., a prominent US-based insurance and investment firm, recently completed a substantial reinsurance transaction with Wilton Re, covering approximately $11 billion of reserves connected to a portion of its guaranteed universal life block. This significant move is a vital part

December 19, 2024
US Insurers Forecast Robust Growth by 2025 Driven by Rate Increases
Risk Management US Insurers Forecast Robust Growth by 2025 Driven by Rate Increases

The latest capital poll conducted by Aon, a global insurance and reinsurance broking group, unveils significant expectations and insights into the projected growth of US insurers by 2025. An overwhelming majority of US insurers are optimistic about their growth prospects, with most expecting to

December 19, 2024
Efficiency and Margin Management Key for European and UK Insurers in 2025
Insurance Efficiency and Margin Management Key for European and UK Insurers in 2025

The year 2025 promises to be an intriguing period for European and UK property and casualty (P&C) insurers as they navigate an increasingly efficiency-focused market. In recent developments, primary insurers have outperformed reinsurers in terms of share price for the year 2024, largely due to

December 19, 2024
How Will Renegade Insurance's Franchise Model Revolutionize the Industry?
Insurance How Will Renegade Insurance's Franchise Model Revolutionize the Industry?

In an era where traditional business models are continually challenged, Renegade Insurance has introduced an innovative agency franchise model that is set to redefine the insurance franchising sector. This groundbreaking model targets insurance professionals and entrepreneurs, aiming to equip them

December 17, 2024
Can WTW and Bain Capital Transform the Reinsurance Market Together?
Insurance Can WTW and Bain Capital Transform the Reinsurance Market Together?

In a significant move that has the potential to reshape the reinsurance market, Willis Towers Watson (WTW) is making a strong comeback into treaty reinsurance broking through a strategic joint venture with Bain Capital. Leveraging its historical expertise, extensive global network, and cutting-edge

December 17, 2024
How Does Social Inflation Impact Insurance Claims Costs?
Risk Management How Does Social Inflation Impact Insurance Claims Costs?

Social inflation is a term that has gained significant attention in the insurance industry due to its profound impact on claims costs. It refers to the rising expenses of insurance claims driven by societal trends and shifts, rather than purely economic factors. This article explores the

December 16, 2024
Horace Mann Expands to New Jersey With Plymouth Rock Partnership
Market Analysis Horace Mann Expands to New Jersey With Plymouth Rock Partnership

The recent announcement from Horace Mann Educators Corporation introduces a new chapter of strategic growth as the company extends its financial and insurance services to the state of New Jersey, marking a significant milestone in its mission to serve the educational community. With prior

December 16, 2024
Will Fort Myers Beach Recover Without FEMA's Flood Insurance Discounts?
Insurance Will Fort Myers Beach Recover Without FEMA's Flood Insurance Discounts?

The Fort Myers Beach community in southwest Florida is grappling with a significant decision by FEMA that could impact its recovery from Hurricane Ian in 2022. FEMA has announced that this area will lose its flood insurance discounts due to improper rebuilding practices in designated flood zones.

December 13, 2024
Inszone Insurance Services Acquires Specialized Texas Insurance Agency
Insurance Inszone Insurance Services Acquires Specialized Texas Insurance Agency

Inszone Insurance Services has made a significant move in the insurance industry with its recent acquisition of Commercial Insurance of Texas Agency Services, a specialized insurance agency based in Texas. This strategic acquisition is poised to enhance Inszone's presence in the Texas market

December 11, 2024
How Will Inszone's Acquisition of Texas Agency Impact Regional Market?
Insurance How Will Inszone's Acquisition of Texas Agency Impact Regional Market?

In what could be a significant game-changer for the Texas insurance market, Inszone Insurance Services recently acquired Commercial Insurance of Texas Agency Services, an agency established in 2019. This acquisition marks an expanding presence for Inszone in the Lone Star State and furthers its

December 11, 2024
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