McKensey

AUGUST 22, 2024

Insurance companies are at an inflection point with their generative AI use cases. Three McKinsey partners discuss the value of combining generative AI with other technologies.

Insurance 145

Insurance Technology 145

McKensey

JULY 1, 2024

How insurance chief risk officers balance today’s complex demands.

Insurance 135

Insurance 135

Spiceworks

APRIL 6, 2023

The post How Are Insurtechs Driving the Biggest Insurance Industry Changes? Check out how insurtechs are bridging the pixelated gap for the industry. appeared first on Spiceworks.

Insurance 167

Insurance 167

McKensey

APRIL 4, 2024

Will mobility insurance see a meteoric transformation? Technology disruptions are reshaping mobility solutions.

Insurance 130

Insurance Technology Automotive 130

McKensey

JANUARY 8, 2024

Fundamental shifts in the insurance industry are accelerating changes in the distribution landscape. How can insurers position themselves for the next wave of growth?

Insurance 132

Insurance 132

McKensey

JUNE 26, 2024

The relationship between insurers and private-capital firms has strengthened in recent years as distinctive investment management has become critical to executing the “virtuous flywheel” strategy.

Insurance 124

Insurance 124

Insperity

NOVEMBER 26, 2024

Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred.

Insurance 177

Insurance Flexibility Flexibility Legal 177

McKensey

MAY 3, 2024

The former CEO of American Equity Investment Life reflects on his career path, Brookfield’s acquisition of AEL, and his predictions for the insurance industry.

Insurance 131

Insurance 131

McKensey

FEBRUARY 16, 2024

As insurance executives plan for the new year, what’s top of mind? What areas are ripe for innovation? McKinsey Senior Partners Jörg Mußhoff and Fritz Nauck discuss these and other topics.

Insurance 129

Insurance Leadership Planning 129

Insperity

APRIL 29, 2021

per hour, per employee, for health-insurance costs, according to Sept. In 2021, employer expenses for health insurance are expected to rise by 3.9 In 2021, employer expenses for health insurance are expected to rise by 3.9 However, a major driver of increasing health-insurance costs is plan usage and claims history.

Insurance 321

Insurance Customer Service Controlling Planning 321

McKensey

OCTOBER 14, 2024

Private investment in insurance is rising as deal volumes and value for the global private equity industry contract. For the bet to pay off, we suggest three ways of generating operational value.

Insurance 108

Insurance 108

Wellable

JANUARY 24, 2022

To reduce the spread of COVID-19, mitigate future variants, and quickly and effectively treat those infected by the virus, the White House is shifting gears to boost testing in the United States. To do this, the administration is increasing access to tests by removing financial barriers and increasing test availability.

Insurance 246

Insurance 246

McKensey

NOVEMBER 12, 2024

Today’s rapidly developing risk landscape demands a new, more nimble approach for insurance companies to assess and respond to risks, a function inherently in their DNA.

Insurance 118

Insurance 118

McKensey

SEPTEMBER 22, 2023

Latin America’s insurance market is booming—both in premium growth and complexity. The opportunities available to global, regional, and local insurers are immense.

Insurance 118

Insurance Reporting 118

Office Snapshots

OCTOBER 24, 2024

Welcome to the headquarters for Wings Insurance and the new vocational mechanical school, FlyWise Aviation, at Flying Cloud airport in Eden Prairie, MN. Wings Insurance provides quality aviation insurance for individuals and company’s around the world. They know aviation and they know aviation insurance.

Insurance 98

Insurance 98

McKensey

NOVEMBER 18, 2024

The personal property and casualty insurance industry grew in 2023, fueled by rate increases in developed markets. The opportunity now is to expand coverage to new markets and sectors.

Insurance 110

Insurance Reporting 110

McKensey

NOVEMBER 4, 2024

In the face of challenges, Australian insurers can look to global peers for inspiration in raising their own productivity.

Insurance 110

Insurance 110

McKensey

NOVEMBER 18, 2024

There are bright spots for growth in global life, retirement, and health insurance. But to combat stagnant demand, the industry needs to find new sources of growth beyond its core products.

Insurance 121

Insurance Reporting 121

McKensey

NOVEMBER 18, 2024

Commercial property and casualty insurers need to be deliberate about where and how they compete. Profitable growth is increasingly hard to find.

Insurance 110

Insurance Reporting 110

Success

AUGUST 16, 2024

With the recent global tech outage causing multiple days of flight cancellations and thousands of stranded passengers, the discussion around travel insurance has become even more relevant. Travel insurance is one of those things you don’t need until you really need it, so many people choose to travel without it.

Insurance 98

Insurance Purchasing Transportation Planning 98

Spiceworks

JULY 29, 2024

Insurers have estimated that the overall cost of CrowdStrike's recent outage, caused by a faulty Falcon update, is billions of dollars. The post CrowdStrike Outage to Cost Billions, Insurance Estimates Reveal appeared first on Spiceworks Inc. Learn more about the development and its implications for the cybersecurity sector.

Insurance 100

Insurance Learning Security 100

Success

MAY 11, 2024

Navigating the world of health insurance is complicated enough within the United States. When preparing to move abroad as a digital nomad, typical private medical coverage doesn’t necessarily work while you’re outside of your home country—while travel insurance might not be designed for longer trips or anything other than emergency care.

Insurance 105

Insurance Networking Catering Customer Service 105

Success

SEPTEMBER 6, 2024

As a freelancer or independent contractor, you may think your business is too small to need insurance. Client contracts sometimes even require you to have freelance business insurance. The bottom line: More than half of those surveyed said their biggest barrier to getting coverage was understanding what insurance their business needed.

Insurance 98

Insurance Purchasing Computer Small Business 98

McKensey

NOVEMBER 13, 2024

A significant share of India’s people and assets remain uninsured, presenting both challenges and opportunities for the country’s insurance industry.

Insurance 101

Insurance 101

Work Life

JULY 30, 2024

was accused in a lawsuit filed on Tuesday of mismanaging its employee health insurance plan and forcing tens of thousands of U.S. Wells Fargo & Co. employees to overpay for prescription drugs.

Insurance 98

Insurance Banking Government Legal 98

Insperity

SEPTEMBER 17, 2020

It’s best to collect the employee’s report about their injury as soon as possible after the incident and to pass it along to your insurance carrier promptly. That pace allows the insurance adjuster and the employee to have their follow-up discussions while the facts are still fresh.

Insurance 277

Insurance Legal Computer Reporting 277

McKensey

DECEMBER 3, 2024

To realize gen AI’s full value, insurance leaders must know how it works and what problems it can—and cannot—solve. Likewise, data and context are vital to innovating solutions for changing demands.

Insurance 91

Insurance Problem-Solving Planning 91

Insperity

SEPTEMBER 14, 2021

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. Is the plan fully insured, or self-funded?

Insurance 228

Insurance Payroll Planning Small Business 228

Insperity

JANUARY 24, 2023

Having virtual care options can also be help reduce employees’ stress about their own health-insurance costs. It’s possible that these benefits are already available through your company’s health insurance plan or employee assistance program (EAP) – if so, you should promote these benefits and their pros to your employees!

Insurance 264

Insurance Networking Finance Controlling 264

Wellable

NOVEMBER 27, 2023

Explore its rise, insurance strategies, and solutions for employers to support weight management. Ozempic: From diabetes treatment to a weight loss 'wonder drug'. The post Are Ozempic & Other Weight-Loss ‘Wonder Drugs’ The Ultimate Weight Loss Solutions, Or Just Hype? appeared first on Wellable.

Insurance 264

Insurance 264

McKensey

AUGUST 15, 2024

While AI and generative AI may enable a new age of productivity, redesigning end-to-end processes and using traditional optimization methods can lay the foundation for transformation.

Insurance 131

Insurance 131

Insperity

MARCH 25, 2021

Being an employer comes with many HR-related costs beyond the cash compensation you pay to your employees, such as: Payroll taxes (FICA, FUTA, Social Security, Medicare) Worker’s compensation insurance coverage Statutory insurance and paid leave programs (e.g., Administrative fees.

Payroll 243

Payroll Insurance Software Security 243

Insperity

JANUARY 4, 2024

An example of this is a client company discovering that they’ve been continuing to pay for medical insurance for a terminated employee. Some compromise may be necessary When you choose your own insurance offering through a broker, you can select from a vast number of available insurance carriers and plan designs.

Payroll 249

Payroll Insurance Consulting Customer Service 249

Work Life

MARCH 13, 2025

The technology, insurance, telecommunications, professional services, and media and entertainment industries are among the biggest adopters of long-term remote and hybrid arrangements. In part, some of these regional differences are due to where remote-friendly industries like technology and insurance are concentrated.

Insurance 98

Insurance Government Technology Software 98

Insperity

FEBRUARY 20, 2020

These things have become so commonplace that employees expect them, such as: Health insurance Dental insurance Paid vacation and sick days 401(k) retirement plan Disability insurance Life insurance Workers’ compensation Unemployment insurance.

Insurance 259

Insurance Advertising Flexibility Flexibility 259

Work Life

NOVEMBER 26, 2024

Then, over the summer, she got a notice in the mail from the center’s liability insurance company that it was dropping the center’s policy. Even though the center’s licensing and accreditation were never at stake, the insurer said it would no longer cover the program.

Insurance 75

Insurance Mailing Purchasing Reporting 75

Insperity

JULY 7, 2022

This includes: Retirement account (401(k)) Health insurance (along with dental and vision insurance) Paid time off (PTO) Life insurance Disability insurance. Of course, the standard suite of benefits will always be important in attracting and retaining employees.

Insurance 279

Insurance Flexibility Flexibility Construction 279