Some feedback on the reinsurance sector from Gallagher. Generally, the situation is looking good; Reinsurers have experienced near record returns in 2023, with many achieving a return on equity (ROE) exceeding 20%. The first quarter […]
IE COMMENT; The potential for AI, or rather automated data processing software, to streamline, triage and settle claims much faster than humans is huge. But that progress comes with downsides. It may be the case […]
The latest research project from Gallagher Re could yield more insights into storm development, preditable track and potential asset damage; Recognizing the changing landscape of tropical cyclone risk, Gallagher Re has partnered with Colorado State […]
The word from Gallagher Bassett, as colleagues tackle the Three Peaks Challenge; Swapping their desktop for mountaintops, a 30-person team from claims and risk management provider Gallagher Bassett recently completed the gruelling Yorkshire 3 Peaks […]
Key appintment anounced by Gallagher Bassett; Leading global provider of risk and claims management services, Gallagher Bassett, has appointed industry leader, Manan Sagar, as the Chief Executive Officer of its United Kingdom (GB UK) operations. […]
Latest acquisition in the US market for Gallagher; Arthur J. Gallagher & Co. has announced the acquisition of Washington, Iowa-based Horak Insurance, Inc. Terms of the transaction were not disclosed. Horak Insurance is a retail property/casualty […]
Some insights from Gallagher Bassett UK; The Financial Conduct Authority (FCA) introduced a significant regulatory change in the UK insurance industry on 31st July 2023. The new Consumer Duty Principle 12, replacing ‘Principle for Businesses 6’, […]
The insurance industry continues to grapple with a shortage of skilled professionals, with demand for talent outpacing new entrants to the industry. A recent Aviva Risk Insights Report found this is the second biggest risk […]
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