In a dynamic move that underscores the evolving landscape of commercial insurance, two key players have joined forces to address a pressing gap in the market for brokers, highlighting their innovative approach. The collaboration between a prominent insurance brokerage and underwriting agency and a
In an era where consumer trust in the insurance industry is at an all-time low, a groundbreaking approach known as Brokerage as a Service (BraaS) emerges as a potential game-changer to address this critical challenge and restore confidence. Distrust, fueled by opaque pricing, convoluted policy
In an era where digital threats loom larger than ever, businesses grapple with the dual challenge of safeguarding their operations and managing spiraling financial risks associated with cyber incidents, which have evolved into sophisticated operations costing millions in damages. Cyber insurance,
In a landscape where public sector insurance programs face mounting pressures from rising healthcare costs and evolving employee needs, the Group Insurance Board (GIB) has taken decisive steps to address these challenges head-on. During a recent meeting, the Board delved into the intricacies of the
In a financial landscape often battered by economic cycles and unforeseen challenges, the property and casualty (P&C) insurance sector has demonstrated remarkable resilience in the second quarter, capturing the attention of investors and analysts alike with its ability to weather ongoing pressures.
In today’s fast-paced professional world, the risks faced by various occupations are shifting dramatically, necessitating a transformation in miscellaneous professional liability (MPL) insurance to keep pace with these changes. This type of coverage, which protects hundreds of professions from
