Tag: Reinsurance
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Insurance Companies with a Probability to Fall in the Future
The insurance sector is not immune to challenges and risks that can lead to the downfall of certain companies. Several characteristics can signal potential trouble for insurance companies, indicating that they may be at risk of falling in the future. Read more
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A Real Insurance Underwriter
How an insurance underwriter can truly embody the essence of their profession and excel in their role. Read more
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Insurance, Technology and Hidden Effects
The integration of high technology in the insurance industry has brought about numerous benefits but has also led to some hidden effects that are not always immediately apparent. This comprehensive analysis will delve into the hidden effects of insurance companies heavily depending on high technology. Read more
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Risks of Having a senior manager who worked in an insurance company moved to another insurance company
When a Senior Manager (SM) moves from one insurance company to another, there is a significant risk of conflict of interest. The SM may have insider knowledge about the previous company’s strategies, clients, or proprietary information that could be misused for the benefit of the… Read more
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Different Faces of the Same Coin of Insurance and Reinsurance Brokers
In the insurance industry, a broker acts as an intermediary between an insurance buyer and insurance companies, helping the buyer find the right insurance policy that meets their needs. A reinsurance broker, on the other hand, acts as an intermediary between insurance companies and reinsurers,… Read more
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Embedded Insurance
Embedded Insurance: refers to insurance coverage that is integrated into the purchase of a product or service, providing consumers with seamless protection without the need for separate transactions. Read more
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Predictive analytics in relation to an insurance company
Insurance predictive analytics is the process of utilizing data, statistical algorithms, and machine learning techniques to predict future events or outcomes in the insurance industry. Read more
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Decennial Liability Insurance: Policy Wordings French vs. German
French Decennial Liability Insurance: In France, decennial liability insurance, known as “assurance décennale,” Read more
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The Intersection Between Underwriting and Sales in an Insurance Company
In the context of an insurance company, the intersection between underwriting and sales is a critical aspect of the business. Underwriting and sales are two distinct functions within an insurance company, but they are closely interconnected and play a vital role in the success of… Read more
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Challenges Facing the Insurance Industry in the Near Future
The insurance industry is facing a myriad of challenges that are likely to impact its operations in the near future. Read more