5 Contractor Coverage Concepts Every Agent Must Understand

Never before have we either known so much about our health or been able to talk so openly about our health. Historical taboos over mental health are being broken down with moves in the NHS, in the workplace, within families, and in insurance to ensure mental health is given equal treatment to physical health. We now more openly acknowledge the link between our mental, physical and financial wellbeing. Especially in light of the last six months, mental health has rightly been at the forefront of many discussions about the impact of COVID-19 on the wellbeing of the UK workforce.

The growth of online deliveries and driver shortages – combined with rising inflation and supply chain pressures – has intensified commercial auto risk across the United States. But insurers equipped with robust information on potential markets and individual risks can find opportunities for profitable growth.

The use of ETFs by insurance companies continues to increase at a consistent pace. In 2021, ETF use grew by 14%, fueled by $3.5 billion in Fixed Income flows, to reach $45 billion. Join our panel of experts as we review our 6th annual “ETFs in Insurance General Accounts” report, explore trading patterns and market dynamics, and discuss the use of ETFs in insurance portfolios, including: What does the increased acceptance of fixed income ETFs mean for the industry? How have the liquidity challenges in the fixed income market affected the use of ETFs? How are regulators adapting to the use of ETFs by insurance companies? What is the future of this Market?

Underwriting is at the heart of the insurance business. From evaluating individual risks and the exposures to an entire portfolio to assessing the risk, risk appetite, and ultimately profitability is increasingly crucial with rapidly changing risk factors from weather, climate, societal, technology, and more. The underwriting discipline is making major moves not just to automate the workflow but to change the way underwriting is done by providing access to more data sources to gain new risk analysis insights while creating significantly enhanced agent/broker and customer experiences.