The MyNewMarkets.com Exchange is an insurance “market fair” where agents and brokers who need markets are brought together with the MGAs, wholesalers and carriers who provide them. The intent of the Exchange is to help insurance agents obtain new markets for their customers at the event itself. Participating sponsors staff “trading desks” consisting of a table, chairs and high-speed internet access and will be on hand to answer questions and accept applications right there on the exchange floor.
John Norwood, principal of Norwood & Associates, has a career in political work dating back to the early 1980s, and he’s one of the state’s best known lobbyists in the insurance and financial services sectors. Norwood talked about workers’ compensation, and other legislation and regulation matters that the insurance industry will face in 2012, including [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Lord Peter Levene talked to the IJ on his balcony at the Hotel de Paris. His reign as Lloyd’s Chairman has been pivotal in reestablishing its insurance industry preeminence. He pushed through changes that transformed Lloyd’s: contract certainty, electronic claims processing, establishing a franchise board that assures underwriting discipline, annual accounting and geographical expansion.
The risk for error is great and so is the demand for appropriate coverage. Swiss Re’s Robin Sterneck continues to see a demand for agency errors and omissions coverage, as well as an interest in more flexible deductible offerings. In this interview with Insurance Journal’s Andrea Wells at a recent PLUS conference, Sterneck says Swiss [...]
Business Intelligence (BI) of today probably isn’t a concept that is fully understood in the insurance business, nor its potential appreciated–especially as its power is unleashed and combined with the advantages of the “Cloud,” the data-rich social networks, and mobile technology. More than pulling data from a spreadsheet, BI today is about leveraging data [...]
May 13, 2008 at 1:00 pm