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Risk digitization tops tech priorities for insurers in UK and North America – Cytora
Tech predicted to boost efficiency, growth, and talent retention Source link
3 Ways to Prevent Workplace Violence
November 26, 2024 How common is workplace violence? Each year, approximately 2 million people in the United States are victims of workplace violence. Workplace violence can be classified indifferent ways, but generally it is an act of violence or disruptive behavior that occurs at a work site. While some actions are outside of our control,…
US car thefts see largest drop in years
Despite an 18% decline, the District of Columbia had the highest vehicle theft rate in the country, with 842.4 thefts per 100,000 residents, more than three times the national average of 250.2 per 100,000. Other states with high theft rates included California at 463.2 per 100,000 residents, New Mexico at 458.2, Colorado at 430.0, and…
How a loan-saving strategy helped clients overcome debt-to-income challenges
By challenging inflated replacement cost valuations, Christopher Becerra has reduced insurance premiums – pushing deals over the finish line Source link
Regulatory uncertainty clouds environmental liability insurance market
“A decade ago, 10-year policies were common. Five years ago, five-year terms were easy to secure,” she said. “Now, many carriers limit policies to three years, or even just one year in some cases. This shift stems from growing uncertainty – insurers want the flexibility to reassess risks annually, accounting for changes in regulations, climate,…
WTW strengthens credit risk services with new deal
“This acquisition is part of our strategic effort to scale high-growth broking businesses and expand our capabilities across the insurance value chain,” said Scott Burnett, head of corporate mergers and acquisitions for WTW’s risk and broking division. “GCC brings strong market penetration, especially in the trade credit space, and will significantly enhance our scale and…