Business

What Is the Price of Delaying Core System Modernization?
Technology & Trends What Is the Price of Delaying Core System Modernization?

The timeline for a company to lose its competitive edge has compressed significantly, with modern market shifts potentially causing a total decline in as little as one to five years. In the insurance sector, this acceleration is driven by the widening gap between agile digital native carriers and

Commercial Insurance Market Eases as Property Rates Cool
Insurance Commercial Insurance Market Eases as Property Rates Cool

Organizations that invest in long-term risk management strategies are seeing the greatest benefits as the insurance industry shifts back toward a competitive buyer's market. After years of relentless rate hikes and restricted capacity, the commercial landscape has finally reached a point of

Memorial Hermann Exits Commercial Insurance Market
Insurance Memorial Hermann Exits Commercial Insurance Market

A transition period spanning through the end of 2027 will see the gradual termination of all administrative services for self-insured employers within the Memorial Hermann network. This significant shift represents a strategic departure from a model that many large hospital systems once viewed as

Will Breaking Up Health Insurance Giants Lower Drug Costs?
Insurance Will Breaking Up Health Insurance Giants Lower Drug Costs?

Market analysts are closely watching how the potential divestment of mail-order pharmacies by major insurers might shift the landscape of drug distribution for patients with chronic conditions. For several years, the consolidation of health plans, pharmacy benefit managers (PBMs), and specialty

How Can Broadcasters Manage Rising Insurance Costs?
Insurance How Can Broadcasters Manage Rising Insurance Costs?

Implementing strict written contracts with outside vendors allows stations to transfer liability for on-site accidents to the contractors' insurance carriers. This maneuver is essential for any broadcasting operation seeking to insulate itself from the ballooning costs associated with modern media

How Did Eric Singer Modernize Liberty Bank’s Risk Strategy?
Insurance How Did Eric Singer Modernize Liberty Bank’s Risk Strategy?

In the rapidly shifting financial landscape of the mid-2020s, institutions often find themselves trapped between legacy operational models and the aggressive demands of a digital-first economy. The bank's previous insurance program suffered from inconsistent service levels and rising costs that

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