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Kidnap, Ransom and Extortion insurance coverage is much more than the name implies. The coverage has become broad—one shaped by competition and a growing need as we become a more globalized, high-tech society within many areas of political or economic strife.
Insurance providers need to have no fear of failure when developing new products to adjust to and cover emerging risks associated with the fast-paced evolution and trends among worldwide businesses.
When people think of the work done at insurance companies, they probably picture actuaries and underwriters sitting at desks and crunching numbers. But at some insurers, research labs, staffed by highly trained scientists and engineers, play a vital if rarely seen role in discovering ways to reduce losses caused by...
As the head of the risk-management department at NYU, one of the country’s largest private institutions of higher learning, Michael Liebowitz faces an incredible array of risks every day—many of which never crop up in Corporate America.
Emerging markets such as Brazil, China and India present great opportunity for insurers looking to expand their top-line growth, if not profitable growth.
After enduring a catastrophe-filled 2011, small and regional carriers emerge wiser and committed as ever to the personal-service edge they enjoy over their larger competitors.
Those who manage and underwrite risks for manufacturers are facing familiar risks with some challenging new twists.
As the baby boomer generation of insurance producers face their golden years, a few have turned their back on activities of leisure and embarked on a different course where they aim to make a difference.
How are Classic & Collectible Car policies different from Standard Auto plans? Three key characteristics make this line of insurance unique.
As the economy shows signs of improvement in the aftermath of the Great Recession of 2007-2009, insurance executives say high-net-worth clients are beginning to spend again—and it remains an underserved market that independent agents should be taking advantage of.
In a unique and ambitious effort to encourage top young talent to consider a career in insurance—and with the company—State Farm recently hosted its second-annual College Marketing & Sales Competition program, which attracted 16 students from eight universities across the country who vied for thousands of dollars in cash prizes.
An increase in cyber risks provides more opportunities for insurers to create new products and educate policyholders.
Avoid liability in connection with your year-end celebration.