If you’re keeping tabs on the insurance industry then you’ve likely seen, heard, or read about the “insurance talent gap.” Insurance is dealing with a rapidly aging and retiring workforce, while simultaneously being unable to lure the next generation of talent. Is this real? An industry that’s been around for thousands of years and recently […]
Chris Clark conducts interviews with leading corporate directors and subject matter experts for Stuart Levine & Associates, a global consulting and leadership development company. The Planet Governance™ interview series features the views of corporate directors and chief executives on critical issues from ESG and cyber-resiliency to succession planning and board composition. I was lucky enough […]
by Rory Yates Since its earliest days, insurers have built their businesses around products designed to help people, businesses, and societies do more by reducing the burden of risk. Today an insurer can still win by offering good products. Tomorrow, however, insurers will only win by offering insurance experiences. Holistic experiences that include assistance, prevention […]
Scores of workers are quitting and governments are scrambling to adapt By Liz Farmer The summer of 2021 brought on the Great Resignation with scores of Americans quitting their jobs—including in local government. Driven by COVID-fatigue, a desire for better pay, and employee retirements, more people have left state and local government in the last […]
by Joseph Petrelli Let’s define three terms. According to Investopedia, commoditization is defined as the process by which goods that have economic value and are distinguishable in terms of unique attributes or brand end up becoming simple commodities in the eyes of the market or consumers. When products and services are commoditized, the lower the […]
by Howard S. Kronberg, Esq. We close out the year with an update on two recent New York insurance related court decisions that might have significant impact. One that affects you directly: a special relationship/proximate cause insurance agent E&O decision. The other indirectly, but important to your insureds, and thus to you: the interplay of […]
Independent insurance agencies have long struggled with the adoption and implementation of technology in today’s digital world. Far from recognizing tech as an I.T. function of backroom servers and computer systems, a successful tech strategy is the sign of a future-focused agency. But, what does a digital strategy look like for independent insurance agencies? How […]
By Mary McCutcheon and Shanti Eagle Two phrases combined in a single exclusion — “alleging, arising out of, based upon or attributable to any violation of any law…” and “as respects… unfair trade practices” could inspire carriers to make trouble for policyholders seeking coverage for consumer protection claims. Fortunately, a recent federal decision recognizes that […]
By Nico van Zyl and Paul Edwards Hannover Re Understandably, there has been a focus in medicine and among governments on dealing with the devastating impact of the pandemic. However, there is less comment about the psychological effects of social isolation, the tsunami of grief as people cope with losses – all dovetailing with financial […]
by Sarah Smith Instagram has become the major revenue generator for the B2C business. People are checking the Instagram pages of brands to gain knowledge before making a purchase. Thus, the way you present yourself on Instagram will play a significant role in building your brand image. So, optimizing your Instagram business page according to […]
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