Category Archives: Insurance and Risk Management

Seasonal climate forecast for Europe

A thermometer in a window, showing a temperature of -25°C

At this time of year, in the midst of contract renewals, property insurers are keeping an eye on the long-range forecasts for the rest of the winter in Europe. We’ve all seen the headlines in the tabloids about the next … Continue reading →

5 cyber insurance trends to watch for in 2018

man with id lanyard in server room looking at a tablet

What will cyber insurance buyers face in the coming year? Here’s a snapshot of the top five trends buyers can expect, based on findings from our 2018 Marketplace Realities Report: Cyber risk. 1. Total annual cyber premiums will continue to … Continue reading →

Should insurers settle a directors’ obligation to repay defense costs after criminal conviction?

gavel and open book

With the threat and reality of high profile white-collar criminal proceedings being brought against directors of very large companies in the U.K., it’s worth highlighting one extension of cover under directors and officers (D&O) liability policies that may not receive … Continue reading →

4 key takeaways from the 2017 ACORD Innovation Finals

InsurTech

For the last three years, ACORD has sought to accelerate digital transformation in insurance through its innovation challenge, a competition that highlights tech-driven solutions from some of the best and brightest in the business. Boston played host to this year’s … Continue reading →

Assessing the aftermath: Lessons learned from Hurricane Irma

hurricane irma risk mitigation

Soon after hurricane Irma struck, Willis Re sent a team to survey the property damage in southwest Florida. After four days, and 900 miles, the team completed its assessment, which can be found here. Among the key lessons learned was … Continue reading →

Post-hurricane confusion in the energy insurance markets: 3 reasons why a market turn is too early to call

post-hurricane

Energy insurers were in a bullish mood as delegates gathered at the critical Baden-Baden reinsurance meeting last week. Their frame of mind didn’t come as a surprise, given all the media speculation on how insurance markets will respond in the … Continue reading →

How to make your employees even smarter (when it comes to benefits decisions)

rob_harkins_employee benefits_consulting

Melissa Halverson, Benefits & HRIS Manager for WAXIE Sanitary Supply shares how her company modernized their benefit delivery with Rob Harkins of Willis Towers Watson at the 9th Annual Employer Health Care and Benefits Congress. In my experience interacting with … Continue reading →

Longevity blind spot threatens to stymie structured settlement annuity portfolio deals

Sellers and potential buyers of structured settlement annuity (SSA) portfolios could find themselves handicapped by outdated and inaccurate mortality projections. Trading activity in SSA portfolios has been on the increase in recent years, stimulated by buyers interested in longevity risk … Continue reading →

The 2017 hurricane season: Will it transform the energy insurance markets?

orange caution cones blocking off a roadway with fallen utility poles

In the aftermath of hurricanes Harvey and Irma, the thoughts of our colleagues in the energy sector and insurance market are quite rightly directed towards the human tragedy that’s unfolding as new details of the death and destruction wrought by … Continue reading →

Driving forward with claims advocacy

If I had to do it over again, when buying a car, instead of just looking at the list of features and negotiating the MSRP with the salesperson, I would have also asked to speak to the service department. Why? … Continue reading →