February 24
Digital Transformation in P&C Insurance
Current Benchmark and Future Roadmap
The latest Aite Group report finds that improving the customer experience is the top digital transformation objective for P&C insurance firms
Insurance Companies and the Federal Home Loan Bank of New York: A Sensible Proposal
Legislation has been introduced in the New York State Assembly (Bill 8040) that will significantly increase funding opportunities for insurance company members of the Federal Home Loan Bank of New York (“FHLBNY”). Under the proposed bill, which is already law in 19 states, provisions of the insurance insolvency law will be amended to clarify the […]
The Necessary Boldness of the Entrepreneur
From time to time, you hear a speech or a presentation or read a letter that is worth repeating or reprinting. What follows is one such presentation. Recently on these pages, we presented remarks made by Steve Menzies, Chairman of Applied Underwriters, upon his receipt of Man of the Year of the State of Israel […]
“Risk Thinking” in an Unstable World
Businesses are being asked to measure their financial risk of climate-related change. But no one seems to know how In October 2018, Ron Dembo was driving through an area of burned forest in Northern California.The CEO and founder of Toronto-based Riskthinking.ai, Dembo had been invited to give a keynote speech at the conference of the […]
Big ‘I’ Member Reappointed to Federal Advisory Committee on Insurance
The Independent Insurance Agents & Brokers of America (the Big “I”) congratulates Quincy L. Branch, president and CEO of Branch Benefits Consultants in Las Vegas, who has now been officially reappointed to the Federal Advisory Committee on Insurance (FACI). FACI is a committee composed of various state government officials, insurance professionals and consumer advocates that […]
PIANY Applauds Gov. Murphy
The Professional Insurance Agents of New Jersey applauded Gov. Phil Murphy for signing A-1924/S-2930. The new law, which has been a legislative priority for PIANJ, requires the commissioner of the Department of Banking and Insurance to waive the initial insurance producer licensing fee for any New Jersey resident veteran who has received an honorable discharge […]
S&P Market Intelligence releases its annual 2020 Insurance M&A Outlook Analysis
S & P projects a relatively stable level of aggregate deal volume for insurance carrier transactions involving buyers or targets in the US and/or Bermuda. The second-strongest fourth quarter in the last 13 years provides momentum for 2020, but the outlook does not assume a repeat of the $6.3bn New York Life/Cigna group protection transaction […]
SterlingRisk Names Alternative Market Leader
SterlingRisk Insurance, one of the nation’s top independently owned insurance brokerages, has hired Kaitlin Friedman as Alternative Market Leader. A Licensed Property & Casualty Insurance Broker, Friedman also provides wholesale support to the SterlingRisk Programs Department. “It’s a pleasure to welcome Kaitlin to SterlingRisk,” remarked SterlingRisk CEO David Sterling. “She is a solutions-driven commercial lines […]
Largest insurance convention in Connecticut features a brand new format
Professional Insurance Agents of Connecticut’s Annual Convention, the largest industry networking and education event in the state of Connecticut, will be held at Foxwoods Resort Casino Mashantucket, March 5-6. “The PIACT Annual Convention is the must-attend event of the year for all industry professionals throughout the region,” said PIACT President Mark Connelly, CIC. “The convention […]
