Month: September 2024

Global Hybrid and EV Insurance Set to Surge The insurance industry is poised for significant growth in hybrid and electric vehicle (EV) insurance, driven by increasing consumer demand and regulatory changes. According to a new report from Insurance Business Magazine, the market for these specialized types of insurance policies is expected to surge dramatically in […]

Life Insurance: A Catalyst for Growth in Insurance Brokerage] The insurance brokerage market is currently experiencing a period of robust growth fueled by various macroeconomic factors. This surge in revenue, profitability, and shareholder value is not only a result of favorable economic conditions but also due to the increasing demand for specialized life insurance products […]

Insurance Prospecting Strategies: Building Your Book of Business with Life Insurance Industry experts have provided some of the most effective strategies for insurance prospecting, focusing particularly on the benefits and wide-ranging applicability of life insurance. Whether you’re looking to protect your business, plan for retirement, or secure financial stability for marriage or divorce, understanding these […]

CatX Welcomes New Reinsurance Executive CatX, a leading player in the reinsurance market, has recently announced the appointment of a new executive to spearhead origination. With a robust background in client executive roles, production, and extensive risk expertise in both traditional and alternative risk transfers, the new hire is expected to drive significant growth for […]

MAS Increases Oversight on Reinsurance Contracts The Monetary Authority of Singapore (MAS) has announced an increase in audit and oversight measures on reinsurance contracts. This move follows concerns expressed by the International Association of Insurance Supervisors (IAIS) regarding the adequacy and transparency of reinsurance activities. Implications for Life Insurance This enhanced scrutiny is expected to […]

Emerging Markets Income and Insurance: A Vital Combination The Western Asset Emerging Markets Income Fund and John Hancock have made headlines recently not only for their financial contributions but also for their expansive offerings in life insurance services. This news highlights the critical role life insurance plays in a well-rounded financial strategy. Life Insurance Services: […]

Aramark Workers at Citizens Bank Park and Lincoln Financial Field Hold Strike Vote Amid Health Insurance Concerns Philadelphia, PA – In a decisive move towards improving their work conditions, Aramark employees at Citizens Bank Park and Lincoln Financial Field have voted to strike. The workers, many of whom are employed year-round and work over 40 […]

Deliver Value and Peace of Mind Through Digital Transformation In today’s fast-paced world, consumers demand efficiency and simplicity in their insurance processes. Innovations in life insurance, especially through digital transformation, are increasingly meeting these demands. Life insurance not only offers financial security but also peace of mind across various aspects of life, from business and […]