ECM Theft Is Skyrocketing—Here’s How to Stay Ahead
This post is part of a series sponsored by IAT Insurance Group. Late at night in the Fall of last year, thieves stole 13 ECM units from a fleet of commercial trucks in Chicago. While cameras recorded the theft, nobody checked the feed during the hour-long crime. As a result, the thieves got away with […]
The guide to generative AI for insurance | Insurance Blog
Insurers that focused on modernizing technology and improving their data, analytics and artificial intelligence (AI) capabilities are now able to incorporate generative AI (gen AI) as a natural next step on their reinvention journey. Gen AI is changing everything. It is being used throughout the value chain to improve customer interactions, streamline operations and support […]
Get legal malpractice insurance – a how-to guide
For lawyers and attorneys, legal malpractice insurance is an absolute must-have policy. That’s because malpractice claims are an unfortunate reality for most lawyers — in fact, the ABA estimates that four out of five lawyers face at least one malpractice lawsuit at some point in their careers. Not only does this insurance protect lawyers from […]
Your Guide to Successfully Adopting an All-In-One Agency Management System
This post is part of a series sponsored by EZLynx. Are you juggling multiple systems to manage client data, policies, and communications? Maybe your business is stuck with outdated legacy systems or you’re relying on a mix of spreadsheets, emails, and paper files. For independent agents, making the leap from a disjointed collection of tools […]
5 reflections on the insurance industry in 2024 | Insurance Blog
As 2024 draws to a close, it’s a good time to reflect on what the insurance industry achieved, what surprised us and how longer-term trends progressed. From an industry results perspective, 2024 was a strong year. Buoyed by rate increases and continued (but diminishing) interest rates, carriers saw global insurance premiums grow by 4.6% in […]
Manage costs with cheap business insurance for law firms
Everyone likes to save money whenever and wherever possible. Just because insurance is crucial for your law firm, it doesn’t mean it has to become a financial burden — in fact, finding cheap business insurance is possible, even for lawyers. Like any other business expense, insurance costs can add up over time and may even […]
Pathway to a Surety Career
This post is part of a series sponsored by IAT Insurance Group. Are you looking for a dynamic and rewarding career in the financial industry? Surety might be the Answer. In episode 12 of What’s Brewing, we explore the world of surety underwriting with two of IAT’s Associate Underwriters, Brianna Arevalo and Ryan Pappas. Tune […]
Insurance News: 2024 in review | Insurance Blog
As 2024 draws to a close, we are delighted to gather for the Insurance News Analysis year-end edition. 2024 set yet another heat record. And we are looking at a fifth consecutive year of more than $100 billion of insured losses from catastrophic events linked to climate change. We discuss how insurers are adjusting to this fundamental […]
Manage IaaS risks: New IaaS risk management guide
Cloud computing has transformed the IT industry, and Infrastructure-as-a-Service (IaaS) is at the heart of it all. IaaS provides businesses with improved computing power and cloud storage, making it easier and less expensive for those businesses to scale their operations without the need to manage physical servers. But with this growth comes a unique set […]
Your Underwriter Says You Need a CPA-Prepared Statement. What Now? Part III
This post is part of a series sponsored by Old Republic Surety. Construction accounting is complex. Getting guidance on the expected time and capital investment, as well as a clear understanding of the role of a CPA in preparing compiled, reviewed or audited statements is imperative. In Part 3 of this three-part blog, Kelly Kimmel, […]