Insurance Rating Variables: What They Are and Why They Matter

July 24, 2019

It sounds simple: an insurance premium is how much it costs to provide insurance coverage. But figuring out what that cost should be is actually quite complicated — so complicated that insurance companies employ entire actuarial departments to do just that. A lot goes into how actuaries determine the cost of risk, and rating variables are a crucial component in that process.

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Global Insurance Brokers Private Limited

Global Insurance Brokers Pvt Ltd. (GLOBAL) is India's premier insurance & reinsurance brokerage, and risk managing & consulting company. Over the past 60 years we have delivered a variety of insurance correlated services to large corporate giants and communities including charting and loss assessment or adjusting solutions, claims management, risk management, risk guidance and more.

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An insurance agent’s ultimate LinkedIn guide

Infographic | December 10, 2019

Insurance agent, is your LinkedIn profile complete? According to them, only half of users have a completely finished profile. Those who DO have a complete profile are 40 times more likely to receive opportunities through LinkedIn. That’s why we’re passing along this insurance agent’s ultimate LinkedIn guide. It’s a checklist in the form of an infographic, easy to follow and use, to get you up to speed.

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How to get life insurance if underweight

Infographic | February 11, 2020

Weight is an important factor when it comes to getting your life insurance application approved. In fact, it could be just as challenging to obtain life insurance if underweight, as if you weigh a few extra pounds. We wanted to take the time and touch on this topic. In this guide, we would outline some of the reasons, steps, and tools to help you get the best available option.

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Interesting cyberattacks of 2019 that all reinsures Should Know About

Infographic | January 23, 2020

With the number of cyber-attacks on the rise, it’s natural to think that this increase of cyber-attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based provider of predictive cyber risk modeling solutions. “The truth of the matter is, cyber attacks are very often a modified version of an old attack. Whether it’s the same attack vector, same tools or the same vulnerability with a new exploitation, similar types of attacks, methods and techniques are likely to reappear in the near future and re/insurers should be prepared and on the lookout for how they can affect their portfolios,” added Golan.

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10 Disruptive Trends That Are Impacting The Insurance Industry

Infographic | February 3, 2020

10 Disruptive Trends That Are Impacting The Insurance Industry: As we move into a new decade, several risk trends are starting to emerge that could potentially disrupt the insurance industry.

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Life insurance: Who should get it?

Infographic | December 15, 2019

64% of people say they haven't bought life insurance because it's too expensive, yet they overestimate its true cost by more than double. The sooner you buy life insurance, the less it may cost over time. Having life insurance may make sense for these individuals.

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Insurance Companies to Improve their Customer Experience

Infographic | June 30, 2022

Customer experience is the single most crucial factor determining loyalty 85% of insurers are using CX initiatives throughout the customer journey & 90% have a c-suite position dedicated to the consumer experience

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Spotlight

Global Insurance Brokers Private Limited

Global Insurance Brokers Pvt Ltd. (GLOBAL) is India's premier insurance & reinsurance brokerage, and risk managing & consulting company. Over the past 60 years we have delivered a variety of insurance correlated services to large corporate giants and communities including charting and loss assessment or adjusting solutions, claims management, risk management, risk guidance and more.

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