Client Expectations & E&O Claims Written on February 23, 2010, by admin.
For many professions, not meeting client expectations is not just bad service, it can translate to a lawsuit and trigger professional liability insurance. Insurance agents are no different. An article in American Agent & Broker talks about client dissatisfaction and insurance agents E&O claims (see here). The author suggests instituting a process with agents and [...]
Overconfidence Written on February 9, 2010, by admin.
Overconfidence by experts resulting in disastrous decisions was the theme of a recent presentation by Malcolm Gladwell, and it has obvious implications for the insurance industry. He pointed to the crisis in the financial industry, Wall Street in particular, as the prime example of overconfident experts getting it wrong, and talked a bit about the [...]
Small Insurers Are Strong Competitors Written on February 2, 2010, by admin.
A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies (see here & here). Key points: Over the long term, small PC insurers [...]
Small Insurers Are Strong Competitors Written on February 2, 2010, by admin.
A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies (see here & here). Key points: Over the long term, small PC insurers [...]
Small Insurers Are Strong Competitors Written on February 2, 2010, by admin.
A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies (see here & here). Key points: Over the long term, small PC insurers [...]
Small Insurers Are Strong Competitors Written on February 2, 2010, by admin.
A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies (see here & here). Key points: Over the long term, small PC insurers [...]
Small Insurers Are Strong Competitors Written on February 2, 2010, by admin.
A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies (see here & here). Key points: Over the long term, small PC insurers [...]
Small Insurers Are Strong Competitors Written on February 2, 2010, by admin.
A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies (see here & here). Key points: Over the long term, small PC insurers [...]
Small Insurers Are Strong Competitors Written on February 2, 2010, by admin.
A recent study confirms that small PC insurers can compete successfully against larger competitors. The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies (see here & here). Key points: Over the long term, small PC insurers [...]
The Elusive Market Turn Written on January 13, 2010, by admin.
As we start the new year, the elusive market turn is on the minds of all insurance professionals. The 2009 combination of a tough economy and an intensely competitive insurance market was not kind to most insurance organizations, and 2010 is not showing any signs of change. So when will a change come? One underwriter [...]