What Blockchain Means for Your Insurance

Changing customer expectations and behaviors are forcing a shift to a multi-channel world, which is challenging insurers to provide channel options and choice across the entire value chain. Within this rapidly shifting business landscape, insurers must rethink their distribution strategy and execution, because improving distribution is critical to growth. Agents and advisors remain critical to the way insurers engage customers and sell their products and services, but how they do this needs to look much different than it did five years ago, or even one year ago. Insurers must set up multi-channel distribution options to enhance customer interactions on the cus­tomer’s terms … not the insurer’s. As a result, distribution channel strategies, including how to support the traditional agent/broker channel, are a focus for transformation in the age of Digital Insurance 2.0, and are foundational to an insurer’s ability to realize their growth and innovation strategies.

Risk engineering is a combination of multiple engineering disciplines incorporating both theoretical and practical methods for its main purpose of ‘’Loss Prevention’’. Risk engineers mainly work with insurance companies to reach all types of businesses globally where they provide solutions to help manage loss control, mitigate risk and improve safety. There are number of tasks which the risk engineer will have responsibility over

"You can get excited about the future. The past won’t mind.” - Hillary DePiano It’s the most wonderful time of the year filled with intense planning sessions, brainstorming, strategizing and logical thinking. Logic was guiding the InsuredMine leadership team through our recent 2022 planning conversations, but we were getting stuck in historical data, decision making frameworks, modeling for the future, and we needed to shake things up. We were losing our sense of magic when Raution, (CEO, InsuredMine), stopped us all mid-thought and reminded us to dream big, believe in a great vision for our areas of business because we need to carry the magic of that belief with us to achieve something extraordinary in 2022. It worked! We have some big things coming this year, and we want to help you plan well and dream big for the new year too. Want to sprinkle some magic on your agency planning for 2022 and surprise your team and customers with something big? Press play and see what all the hubbub is about.

Claims for damage to property or persons often arise in connection with ongoing or completed construction projects. For many of these claims parties maintain insurance that may potentially provide a source for coverage and recovery for those claims. This topic will address excess insurance policies, builders' risk insurance, and errors and omissions (aka professional liability) policies for design professionals and typical exemptions. In a world that is constantly changing, this topic will address some of the latest developments in how federal and some state courts are interpreting insurance contracts. This content has been prepared by attorneys with more than 35 combined years of experience in construction litigation and will help you understand the basics of insurance policies available on construction projects, the types of claims that may be covered, and common problems in identifying and making claims under those policies.