The, will likely spur the largest single loss in insurance industry history, said Evan Greenberg, chief executive officer of Chubb Ltd, during a call with analysts on Wednesday. Chubb, one of the world’s largest insurers, reported its first-quarter financial results …
Insurers that predominantly write personal lines of insurance do a better job in satisfying their small-business customers than insurers focused more on commercial lines, according to the newly released J.D. Power 2014 U.S. Small Business Commercial Insurance Study. The study, …
8 Hidden Claims Headaches for Commercial Insurers and How to Cure Them Grabbing the lion’s share of an insurer’s revenue, claims involves multiple stakeholders, including handlers, underwriters, brokers and lawyers — each with a different perspective, and each with a …
Commercial insurers are continuing to aggressively invest in technology across functional areas in order to survive in a highly competitive marketplace, according to a report released by Novarica. The report, Business and Technology Trends: Commercial Lines, includes data on the …