July
Insurance Industry Is Poised To Withstand Market Uncertainty
At the 39th Annual S&P Global Ratings Insurance Conference, the message from panelists was clear: the insurance industry remains well capitalized to withstand potential adverse market or economic developments.
Enter AI
Congratuations to Verisk. Insurers now have a new weapon in the battle against claims fraud: image forensics. Verisk, the familiar global data analytics and technology provider, is expanding its anti-fraud claims solution with artificial intelligence that will enable insurers to identify potential fraud in claims photos with lightning speed and laser precision. Drawing on millions […]
Up in Smoke: More People Deem Cigarettes Dangerous, More Addictive Than Vaping, Opioids, Technology and Alcohol
Americans widely agreed that cigarettes are unsafe (84%) and addictive (87%), and yet a fifth (21%) report smoking every day! The vast majority of people believe alcohol, opioids, and vapes are addictive, and about two-thirds said alcohol and opioids are unsafe in a recent survey , while more than three- fourths said vaping is unsafe. […]
InvestSM Awards 5 Academic Scholarships
Financial and insurance literacy program is key to attracting young talent to the insurance industry. InvestSM, the insurance industry’s premier insurance education program, has awarded $30,000 in scholarships to five students pursuing insurance- related degrees. A nonprofit organization, Invest works in high school and college classrooms across the U.S. to educate, train and attract the […]
AAIS Taps Werner E. Kruck as President and CEO
Experienced insurance leader assumed the leadership role effective June 26. The Board of Directors of American Association of Insurance Services (AAIS) has announced the selection of Werner E. Kruck as President and Chief Executive Officer, effective June 26, 2023. Mr. Kruck has spent his entire career in leading roles within the insurance industry and has […]
HomeZada Adds AI Chat Assistant
HomeZada, the cloud-based platform that integrates all home renovation, maintenance, finances, inventory and management functions into a single platform accessible from any personal device, has added an AI chat assistant with specific benefits for Insurance carriers, brokerages, agencies and related companies. The new “Zada” AI Assistant adds a crucial AI overlay to the HomeZada all-in-one […]
Paul J. Krump and Bronislaw E. Masojada named to Brown & Brown, board of directors
Brown & Brown, Inc. (NYSE: BRO) announces the addition of Paul J. Krump and Bronislaw (Bronek) E. Masojada to Brown & Brown’s board of directors. H. Palmer Proctor, Jr., Brown & Brown’s lead independent director and chair of the Nominating/ Corporate Governance Committee of Brown & Brown’s board of directors, said, “Paul and Bronek are […]
UPDATE: Bryant Asset Protection Joins World Insurance Associates LLC
World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced that it acquired substantially all the insurance assets of Bryant Asset Protection, Inc. (“BAP”) of Slingerlands, NY on May 1, 2023. Terms of the transaction were not disclosed. BAP was founded in 1951 by Charles Bryant, and today the insurance agency provides a full […]
The 831(b) Institute Launches Advocating for Clarity from the IRS
Miami, Oklahoma – June 28, 2023 – On National Insurance Awareness Day, the 831(b) Institute is launching across the U.S. The 831(b) Institute was formed to bring the business community together and give them a voice around what true risk mitigation and insurance coverage means to small and medium-sized businesses. Insurance is an essential part […]
