Tag: insurance market

May 10, 2023

With the Florida legislative changes passed in December – prohibiting assignments of benefits and one-way attorney fees – there is now an opportunity to change the dynamic in Florida and create a more stable market. Historically, the main tools to […]

August 9, 2022

The turmoil in Florida’s homeowners insurance market is being caused primarily by the state’s outsized number of lawsuits and its commonplace fraud schemes, according to an Issues Brief published today by the Insurance Information Institute (Triple-I). “Floridians are seeing homeowners’ […]

March 3, 2022

The Travel Insurance Sourcing and Intelligence Report, provides key information about the market. For instance, the Travel Insurance Market will grow at a CAGR of 4.41% during 2022-2026. Key Players in the Travel Insurance Sourcing and Procurement Market Include: Allianz […]

November 8, 2019

Re/insurance market Lloyd’s announced its decision to merge the Council of Lloyd’s and the Franchise Board, effective from June 1, 2020, after receiving widespread support from across the market. The news follows five months of consultation across the Lloyd’s market, […]

February 4, 2019

As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million consumers and $57.6 billion in spending […]

August 15, 2016

Banks already involved in the sales of insurance continue to grow both organically and through acquisitions. “Banks are driving 5% to 10% of the annual acquisition activity, at least in terms of the announced deals every year,” says Jim Campbell, […]

August 3, 2016

Mutual insurance companies have gained back some of the global market share they lost due to demutualizations in recent years. Those gains are threatened, however, by new financial regulations, changes in corporate governance and new technology, Swiss Re said in […]