Achieving Digital Transformation in Insurance

Workers’ compensation Medicare set-asides (WCMSAs) continue to present challenges for insurers. High WCMSA allocation amounts can complicate claim settlement and even prevent claim closure altogether. However, you often have more power than you think when it comes to reducing allocation costs. Time to take back control with effective WCMSA cost-mitigation strategies. This session will put you back in the driver’s seat to reduce WCMSA costs and get claims settled.

Many landlords are forced to bear the solvency risk of their tenants' lease promises to repair damage or to indemnify the landlords for liabilities to third parties arising out of the tenants' operations and activities in the demised premises. These exposures are often much larger than security deposits held. Tenant liability insurance is a program designed for landlords to protect the landlords' own insurance limits, deductibles, and assets in the event of loss or damage to the designed premises or liability for losses suffered by third parties as the result of the tenants' actions.

Insurance prices have changed, but your budget likely hasn’t. Should you raise your retention? Can you go forward with lower limits? Watch this on-demand webinar to learn how you can use data and analytics as essential decision support when evaluating limits, retentions, and more for D&O and Property coverages.

Insurance companies face revenues erosion due to cyber threats. The advent of digitization has led to an increased demand for companies to protect themselves from data leaks since hackers and network failures pose greater risks to confidential data and operations. HUB Security is thrilled to host a panel of experts to discuss the key issues and solutions at our online event, "Cyber and Insurance: Threats & Solutions" on July 14th at 12 pm (EST). The panel will consist of Cyber and Insurance experts from leading companies (Scor, Gallagher, Tokio Marine HCC, Virtual I, SecurityScorecard). Discussions will focus on the present cyber threats and the ways they affect the economics of cyber insurance, as well as on key questions such as: What are the benefits of risk management insurance? Why is it so difficult to qualify for insurance? What are the challenges of filing a claim? Why are insurance premiums so high and what can be done about it? What are the future trends in cyber insurance?