Thought Leadership

 
 
 
 

Insights on emerging trends, current events, career development, and more

Risk & Insurance

Risk & Insurance® covers the people, stories and risks that embody the essential functions of risk management and commercial insurance. We strive to identify emerging risks and mitigation strategies, while covering the fascinating people who drive the industry forward.

Unlocking the full potential of Predict & Prevent strategies takes teamwork.

2 hours ago

The post 10 Ways Cyber Risks Threaten Businesses appeared first on Risk & Insurance.

23 hours ago

Pictured above, left to right: Jim DeVoe-Talluto, Christine Brown, Sandy Bigglestone, Brittany Nevins, Dan L. Petterson Talent shortages and the disruption they cause are risks any aware business leader fears.

1 day ago

Demand for captive insurance in Mexico has risen exponentially over the past 12 months, as the country’s businesses face a hard market in some lines.

1 day ago

As the first and largest captive domicile in the U.S., the captive insurance industry in Vermont is far more developed than what you would find in any other jurisdiction.   

1 day ago

When it comes to receiving a higher education degree, many people’s immediate thought turns to its lofty price tag.  

1 day ago

From its inception in 1923, the National Council on Compensation Insurance (NCCI) has provided a wealth of data and information on the workers’ comp space.

1 day ago

Mental health is not a topic to shy away from; it’s a discussion that is necessary to be had.

1 day ago

Attracting and retaining top workforce talent is crucial for employers who face many risks when workers leave including a loss of productivity, burnout among those picking up the workload, and the increased potential for accidents.

3 days ago

Talk to veterans in the risk management field — the leaders, that is — and you have a good chance of hearing about the dangers of silos.

3 days ago

Insurance Thought Leadership

Insurance Thought Leadership is a global network of thought leaders and decision makers transforming the insurance and risk management marketplace through knowledge sharing, big ideas, innovative technology, and real-life applications.

Specialty markets have fallen behind the pack on innovation, and many markets are threatened. But they don't have to be.

1 day ago

Key insights into the relationship between inflation and insurance replacement costs as basis for P&C / Non-Life capital allocation line performance, and solvency

2 days ago

Five key practices for a patient-centered approach are most effective in mitigating potential chronic pain issues in workers’ compensation.

2 days ago

The industry kids itself about having gone paperless. In fact, we still use the same processes we used in the 17th century. It's time for a change.

2 days ago

More employers are shifting toward custom health plan solutions to reduce costs while improving benefits for employees.

3 days ago

Agencies, brokers and carriers spend an inordinate amount of time and money on back-end processes that detract from core objectives.

4 days ago

A report projects that within five years the world will surpass the temperature threshold that we hoped to stay within for the next 25 years.

4 days ago

Insurers' traditional methods--enforcing limits on coverage and capacity, raising premiums and seeking reinsurance--are no longer adequate.

1 week ago

In our quarterly interview with Michel Leonard, the chief economist at the Insurance Information Institute, he explains what's driving inflation. 

1 week ago

The insurance and wider markets have created the perfect conditions for parametric insurance to grow.

1 week ago

CLM

The CLM is dedicated to meeting the professional development needs of the claims and litigation management profession. CLM Magazine delivers news and thought-leadership content.

CLM’s newest educational event offering, Spotlight, launches in June with a focus on addressing trending transportation issues.

2 days ago

CLM's Western Florida chapter hosted a welcome back event after three long years

3 days ago

Tips for young professionals who are facing their first mediations

4 days ago

Exposing functional neurology in mild traumatic brain injury cases

5 days ago

Takeaways from CLM's recent Tech Talk webinar, "Five Things to Consider for Building a Smart AI Claims Team"

1 week ago

News and verdicts that affect you from across the country

1 week ago

How to navigate a primary insurer’s duty of good faith

1 week ago

How workers’ comp is helping to break the cycle of abuse

1 week ago

Pursuing cyber liability subrogation claims against third-party service providers

2 weeks ago

As you consider your place and role at CLM, look for opportunities to contribute and get involved

2 weeks ago

2023
IIS logo

In History-Making Moment, Dr. Chang-Jae Shin Of Kyobo Life Joins Father In Insurance Hall Of Fame

New York, New York – March 21, 2023: The International Insurance Society (IIS) has named Chang-Jae Shin, MD, the trailblazing chairman and CEO of the Korea-based Kyobo Life Insurance Company, the 2023 Insurance Hall of Fame Laureate. Dr. Shin is the first legacy inductee in the 66-year history of the award. His father Yong Ho Shin, the founder of Kyobo Life, is the 1996 Laureate. Dr. Shin will be formally honored at the Global Insurance Forum gala on Nov. 6, 2023. The gala, along with the Global Insurance Forum, will be held at the Hilton Singapore Orchard. The Forum runs from Nov. 5-7. 

IIS logo

With Pandemic Concerns Fading, Insurance Executives Cite Geopolitical And Economic Issues In Annual IIS Survey

The 2023 Global Priorities Survey conducted by the International Insurance Society (IIS) indicates executives are moving on from pandemic recovery and directing focus to geopolitical and economic issues.

Griffith Foundation

The Institutes Griffith Foundation Welcomes New Advisory Council Members, Charles Chamness and Jillian Froment

The Institutes Griffith Foundation is pleased to announce the two newest members of the Advisory Council, Charles M. Chamness and Jillian Froment, J.D. Both Chamness and Froment will help to advance Griffith’s mission to provide non-advocative, non-partisan education to public policy members.   

RiskStream Collaborative logo

Cincinnati Insurance, Nationwide and Securian Financial Receive The Institutes RiskStream Collaborative 2022 Collaborator Award

The Cincinnati Insurance Companies, Nationwide, and Securian Financial are the recipients of The Institutes RiskStream Collaborative™ 2022 Collaborator award. The three recipients supported RiskStream’s Life & Annuities sector’s project on educational verification for product sales.

The Institutes Agent & Broker Group

Beyond Insurance Partners with The Institutes Agent & Broker Group on a Customized Learning Path Tool

Beyond Insurance collaborates with The Institutes Agent & Broker Group to create a unique, guided learning path tool for Beyond Insurance Global Network (BIGN) members that facilitates continued education, training, and development. The partnership provides the BIGN leaders and all levels of agency staff members with an effective, customized learning survey designed to improve recruitment, enhance the professional development experience, and improve talent retention.

CPCU Society logo

CPCU Society Leadership Council Announces 2023 Officers and Members

The Institutes CPCU Society has announced its new Leadership Council officers and members for 2023. Among them are the 2023 President and Chair, Brett Clausen, CPCU, CIC, FMLI, LSSMBB, MSIM, succeeding Christopher J. Hampshire, CPCU, CIC, ARM, on Jan. 1, 2023. 

2022
CPCU Society logo

CPCU Society Offers Free Membership to College Students and Awards $125,000 in Scholarships

The Institutes CPCU® Society expands support for students by offering complimentary membership to all full-time undergraduates regardless of major or risk management affiliation and is pleased to announce the fall 2022 NextGen Scholarship recipients.

The Institutes Agent & Broker Group

HUB International Limited Selects The Institutes Agent & Broker Group As Education Partner

HUB International Limited has selected The Institutes Agent & Broker Group as its primary partner for continuing education, development, and learning resources. This strategic partnership provides HUB International employees with full access to unsurpassed knowledge and continuing education opportunities available from The Institutes and their affiliate CEU to advance employees’ skillsets and stay ahead of the evolving risk landscape.

The Institutes Agent & Broker Group

Hunter Fausnacht Promoted to President of the The Institutes Agent & Broker Group

Hunter Fausnacht has been promoted to President of The Institutes Agent & Broker Group. Fauschnact, formerly Vice President of the Agent & Broker Group, has been integral in the formation and success of this business unit designed to support the educational needs of the agent and broker market.

The Institutes Enterprise Logo: Educate Elevate Connect

The Institutes’ Board of Trustees Appoints
New Members

The Institutes have appointed five new members to its Board of Trustees, including J. Powell Brown, MBA, CPCU, Carl Hess, FSA, CERA; John J. Marchioni,  CPCU; and Leonid Rasin, MA, FCAS and Thomas M. Troy, CPCU, The new members terms were effective as of June 15.

Insurance Research Council Logo

Majority of U.S. Agrees Attorney Ads Increase Number of Lawsuits, IRC Survey Finds

Most Americans believe attorney advertising increases the number of liability claims and lawsuits and more than half link these ads to higher insurance costs. Awareness of litigation financing has also increased, but many Americans remain unsure what to think of the practice, according to a new survey by the Insurance Research Council (IRC), a division of The Institutes. 

The Institutes Enterprise Logo: Educate Elevate Connect

The Institutes’ Board of Trustees Appoints Risk Management and Insurance Leaders as New Chair and Vice Chair

The Institutes have appointed John Howard, chairman and chief executive officer (CEO) of Truist Insurance Holdings, Inc., and W. Robert Berkley Jr., president and CEO of W. R. Berkley Corporation, as chair and vice chair, respectively, of the organization’s Board of Trustees.

Black Insurance Industry Collective logo

New Industry Initiative Launches to Advance Racial Diversity and Equity Black Insurance Industry Collective to expand leadership development for Black professionals

The Black Insurance Industry Collective (BIIC), a newly-formed non-profit organization affiliated with The Institutes, today announced its launch. The BIIC is focused on accelerating the advancement of Black insurance professionals.

RiskStream Collaborative logo

RiskStream Collaborative® First Notice of Loss Product, Rapid X, Now Available

Guidewire (NYSE: GWRE) and The Institutes RiskStream Collaborative® announced that RiskStream’s new Ready for Guidewire validated accelerator for ClaimCenter is now available in the Guidewire Marketplace. Guidewire users can use RiskStream’s Rapid X blockchain application to exchange loss information with other insurers more quickly and accurately.

Insurance Information Institute logo

Triple-I and HBCU Impact® Partner to Recruit Black Talent Nationwide

The Insurance Information Institute (Triple-I) and the HBCU I.M.P.A.C.T. Initiative, Inc.® (IMPACT) announced a partnership and a career-building campaign aimed at recruiting students at historically Black colleges and universities (HBCUs) to the insurance industry.
 

CPCU Society logo

Society Launches Facilitated Study Groups for CPCU Students

Professionals working towards earning their CPCU designation can now have the added support of Facilitated Study Groups offered by the CPCU Society.

CLM logo

Vic Marmo Named 2022 CLM Lifetime Achievement Award Winner

Vic Marmo, ARM, CLMP, Assistant Vice President, Risk Management-Claims, Marriott Vacations Worldwide Corporation, announced as recipient of the 2022 CLM Lifetime Achievement Award.

2021
Insurance Information Institute logo

Triple-I Report Finds Insurers Are Managing Economic Volatility

U.S. insurers are seeing premium and investment income growth in 2021, favorable trends offset by increases in inflation and the combined ratio, according to a new report from the Insurance Information Institute (Triple-I).

Griffith Foundation

Griffith Foundation Presents Charles Chamness With 2021 Lifetime Achievement Award

Charles Chamness, retired president and chief executive officer of the National Association of Mutual Insurance Companies, was presented with The Institutes Griffith Insurance Education Foundation’s 2021 Lifetime Achievement Award during a ceremony at the NAMIC Annual Convention.

Catastrophe Resiliency Council logo

Catastrophe Resiliency Council (CRC) Announces New President

Christopher G. McDaniel, president of The Institutes RiskStream Collaborative, has been tapped to lead The Institutes' newest consortium, the Catastrophe Resiliency Council (CRC).

RiskStream Collaborative logo

The Institutes RiskStream Collaborative™ Announces 2021 Award Winners

The Institutes RiskStream Collaborative™ announced its 2021 Leadership, Collaborator, and Innovator awards, which were were presented to Auto Club Enterprises, CSAA Insurance Group, Nationwide, Securian Financial, and Liberty Mutual.

CLM logo

CLM Appoints Ronna Ruppelt as New Chief Executive Officer

The Claims and Litigation Management Alliance (CLM), which is affiliated with The Institutes Risk & Insurance Knowledge Group, is pleased to announce the appointment of Ronna Ruppelt as the new Chief Executive Officer.

2020
Insurance Information Institute logo

Insurance Information Institute and The Institutes Risk & Insurance Knowledge Group Finalize Affiliation

The Institutes Risk & Insurance Knowledge Group announced plans to finalize its affiliation with the Insurance Information Institute (Triple-I) on November 16, 2020. Triple-I is a long-standing, trusted source of unique, data-driven research and insights on insurance.

 

The Institutes Enterprise Logo: Educate Elevate Connect

Marita Zuraitis and John Howard Appointed Chair and Vice Chair of The Institutes Risk & Insurance Knowledge Group

The Institutes Risk & Insurance Knowledge Group has appointed Marita Zuraitis, chief executive officer of The Horace Mann Companies, and John Howard, chairman and CEO of Truist Insurance Holdings, Inc., as chair and vice chair, respectively, of the organization’s Board of Trustees.