Pet Insurance in the US

May 22, 2018

Despite accounting for only a marginal portion of the broader Property, Casualty and Direct Insurance industry (IBISWorld report 52412), rapidly increasing consumer awareness and acceptance of industry offerings has benefited the Pet Insurance industry substantially during the current five-year period. According to the latest available data from the Department of Clinical Veterinary Science and the Pet Food Institute, 30.0% of pets in Sweden and 23.0% of pets in the United Kingdom are covered by pet insurance policies.

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Eastern Insurance Group LLC

Eastern Insurance is one of the largest independent insurance agencies headquartered in Massachusetts. We have a dedicated team of professionals who can find the right coverage to suit your needs. No matter what size your business is, Eastern Insurance Group LLC can design an insurance solution to fit your needs.

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World insurance: inflation risks front and centre

whitePaper | June 29, 2022

The world economy is undergoing paradigm shifts that will have profound long-term policy implications. Global economic growth is set to slow sharply and inflation rates are at multi-decade highs. The latter result from a confluence of factors, including the high levels of fiscal stimulus pumped into the economy at the height of the COVID-19 crisis, disruptions to global supply chains and soaring energy and commodity prices due to the war in Ukraine. We believe several major economies face inflationary recessions in the coming 12–18 months.

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The art of successfully migrating complex legacy systems to modern life insurance platforms

whitePaper | August 31, 2022

To seize new market opportunities and achieve compliance, life insurers need to successfully migrate complex legacy systems to modern life insurance platforms. This content highlights six strategies for effective, efficient and successful legacy data migration projects.

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Multi-occupancy buildings insurance - broker remuneration

whitePaper | April 25, 2023

Read the findings of the FCA’s multi-occupancy buildings insurance broker remuneration review, its conclusions and next steps. One of the findings in the broker market was evidence of some high commission rates and poor practices which were not consistent with driving fair value to the customer.

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Removing inefficiency in commercial insurance

whitePaper | June 21, 2022

The challenges facing the insurance industry are piling up. 2020 saw a record number of catastrophic events that each caused at least $1 billion in damages, while the economic contraction caused by the pandemic response affected insurance particularly severely.

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5 Reasons why insurers should modernise their claim payment process

whitePaper | July 5, 2022

Modern UK insurance providers are focused on accommodating the changing expectations of their customers1 : improving customer service; streamlining claim payment processes; reducing manual disbursement methods, and increasing the speed of claim payment delivery. A digital payout solution can help transform all five of these areas to meet – and exceed the new demands.

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How Bond Insurance Delivers Value for Investors: In The Pandemic And Beyond

whitePaper | July 31, 2022

The Covid-19 pandemic spurred new demand for insured municipal bonds, and the strong interest appears poised to continue as investors team with states and local governments to help execute the largest wave of U.S. infrastructure investment in a generation. Amidst the uncertainty surrounding municipal fiscal stability and an increase in taxable debt issuance immediately following the outbreak, wrapped bonds offered investors stable ratings, increased liquidity and less volatility. Since then, the market has faced more prolonged volatility brought on by questions about the outlook for inflation, economic growth, and other factors like climate change. Insurance remains a valuable tool for investors and issuers to maintain reliable, affordable capital markets access and peace of mind.

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Spotlight

Eastern Insurance Group LLC

Eastern Insurance is one of the largest independent insurance agencies headquartered in Massachusetts. We have a dedicated team of professionals who can find the right coverage to suit your needs. No matter what size your business is, Eastern Insurance Group LLC can design an insurance solution to fit your needs.

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