Uncategorized
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Agency Exchanges: Big Brother for Small Agent
Richard Kerr is bullish on exchanges for small agencies. That’s understandable given that he is founder and CEO of Dallas, Texas-based insurance exchange MarketScout. In this interview from the recent Western Insurance Agents Association’s Insurance Industry Roundtable, Kerr discusses how exchanges have evolved and why he thinks they are the wave of the future [...]
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Harleysville Turns A Corner
Six years ago, things didn’t look too rosy for Pennsylvania’s Harleysville Insurance. It was coming out of the worst-performing year in its history, and the super-regional sized carrier was in big need of a change. That’s when new CEO Michael Browne stepped in and oversaw one of the more impressive turnaround’s in recent insurance corporate [...]
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States, Insurers Grapple with Subsidized Property Insurance Markets
The exposure of various states’ residual markets for property insurance has grown from $55 billion to nearly $700 billion in the last two decades. Dr. Robert Hartwig, president and economist of the Insurance Information Institute, discusses how this has become a serious problem, particularly in Florida, for both public officials and private industry.
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New Technology, New Relationships
Milo Bolender, Senior VP of Frontier Adjusters, remembers a time when independent insurance adjusters and carrier claims representatives had personal relationships based on friendships and frequent collaborations. In this interview with Claims Journal, Bolender discusses how he feels the relationship between carrier claims reps and independent adjusters has changed.
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Interviews from 360 Lloyd’s 360 Live Debate
Key speakers shared their personal viewpoints after the Lloyd’s 360 Live Debate entitled ‘Global Business: Under Attack?’.
Interviewees answer questions including the following:How is terrorism risk changing?
What lessons can we expect to learn from past experience?
How can business protect itself against terrorism risk? -
Highlights of the Lloyd’s 360 Live Debate
Over 200 delegates attended the Lloyd’s 360 Live Debate entitled ‘Global Business: Under Attack?’ on 15 May 2007. The debate was chaired by BBC World Affairs Editor, John Simpson, and some of the world’s leading experts on terrorism and political violence, explored the key issues and the impact on global business.
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Sharks a Risk?
A guy is underwater in an anti-shark cage, and a shark starts to attack. The cage does its job by keeping the shark away, but then the man’s boat starts up and drives away.
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Funny Thai Insurance Ad
A series of extremely unlikely events occur.
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Geico Caveman Commercials- Classic!
An amalgamation of Geico Caveman Commercials (Geico commercial)
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New Prisoner
A prisoner reports an escape route to a guard because the cold draft was bothering him.
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Hilarious Dutch Insurance Ad
A man receiving acupuncture must escape a burning building, but he is covered in needles.
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What is the Speed Limit?
A woman driving a car continues to deccelerate as the “speed limit” decreases.
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Human Snowball
A man starts rolling down a steep hill creating a snowball effect
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Ketchup In Face
A woman rear-ends a man who slams his face into his lunch.
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Ameriquest Humorous
A man sets up a “perfect” dinner for his girlfriend
Featured
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Norwood on Workers’ Comp
John, principal of Norwood & Associates, has been an lobbyist for insurance and financial services sectors across several decades. Norwood offered a focused looking at the all-important workers’ compensation issue, and he gave his thoughts on health insurance exchanges. In fact, Norwood forecast that 2012 will rank as an important one when it comes to [...]
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Lobbyist Norwood Analyzes Consumer Watchdog Legislation
John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood spoke to the Insurance Journal about legislation and regulation, including a proposal by a consumer advocacy group that would establish prior approval for healthcare insurance and would make major changes to auto insurance and homeowners insurance in [...]
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At-Home Insurance Careers for Disabled Veterans
For insurance agents Gary Trippe and Jim Pender, the idea for DVIC, or Disabled Veterans Insurance Careers, which aims to guide disabled veterans into careers in insurance, evolved in part from their own personal experiences with disabled family members. In this interview with Insurance Journal’s Andy Simpson, the two share their dream of an organization [...]
Popular
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Entrepreneurial Technologists
This year the Entrepreneurial Insurance Alliance (EIA), sponsored by MarketScout, named Vertafore and Risk Metrics, as winners of it 2011 Entrepreneurial Award in technology. Vertafore’s WorkSmart and Risk Metrics’ Insurance 360 technology products received recognition from the EIA as being some of the industry’s most innovative concepts in technology. Each year, the EIA receives hundreds [...]
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How Insurance Distribution Is Changing
Retail and wholesale brokers face the challenge —and opportunity— of redefining their relationships and value proposition in today’s changing insurance distribution world, according to Glenn Hargrove, president, MarketScout Wholesale, Dallas, Tex. In this interview from the recent Western Insurance Agents Association’s Insurance Industry Roundtable in California, Hargrove outlines the value proposition of agents and brokers [...]
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Interesting Times in Medical Liability
The medical liability market continues to perform well even as the nation struggles to implement health care reform. Robert Allen, senior vice presidents at Torus Insurance, says many health care institutions are implementing new strategies to be successful in today’s health care reform world. In this interview with Insurance Journal’s Andrea Ortega-Wells from the annual [...]
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Pat Ryan Asks, ‘Are You Happy?’
Patrick Ryan is an innovator who sees opportunity. And it was opportunity that drove him to launch Ryan Specialty Group in early 2010. Success lies in hiring “good people,” Ryan says. In this interview from the annual National Association of Surplus Lines Offices (NAPSLO) annual convention in San Diego, Ryan says his newest venture gave [...]
Random
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Calif.’s Poizner: From Consumer to Regulator
California Insurance Commissioner Steve Poizner spent years running high-tech companies in Silicon Valley, and as a businessman and consumer of insurance he began to understand the value of insurance and independent agents. Although he is an elected official that’s rumored to be a good choice as a gubernatorial candidate in 2010, Poizner admits he’s not [...]
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Ireland and Insurance
Sarah Goddard, CEO of the Dublin International Insurance and Management Association (DIMA), has become one of the most well-known and influential people in Ireland’s insurance industry. Insurance Journal was fortunate enough to pin her down for a few moments at the European Insurance Forum Conference, to hear her views on the current financial crisis and [...]
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Specialty California Workers’ Comp Carrier PacificComp Seeks About 100 Independent Agents
PacificComp Insurance, formerly Employers Direct Insurance Co., has relaunched its business by partnering exclusively with independent agents and brokers, instead of writing workers’ compensation insurance direct. In this exclusive interview, PacificComp President and CEO James Little details why there’s a need for a specialty carrier in California, and shares his predictions for California’s workers’ compensation [...]
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Sustainability for the Insurance Industry
The Sustainability Advantage and The Next Sustainability Wave
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