Risk Management, Compliance

Environmental, Social and Governance (ESG) Considerations for Directors and Officers

May 14, 2023

Environmental, Social and Governance (ESG) Considerations
Increased scrutiny from investors on companies’ Environmental, Social, and Governance (ESG) credentials, such as board diversity and environmental impacts, presents greater potential Directors’ and Officers’ (D&O) liability exposure. Investors, employees and consumers increasingly expect companies to be actively addressing ESG considerations in their structures and operations. Those failing to address these issues may open themselves up to ESG-related litigation.

Spotlight

Midwestern Insurance Alliance

Formed in 1960, Midwestern Insurance Alliance operates as a managing general agency providing workers' compensation coverage. Unlike insurance agencies or brokers that sell insurance coverage, managing general agencies, such as Midwestern Insurance Alliance, are authorized by insurers to bind risks. Midwestern Insurance Alliance performs underwriting, claims management and loss control in-house. Midwestern Insurance Alliance provides workers' compensation and specializes in several industry niches. Transportation, wood products and recycling are key business targets however a wide variety workers comp class codes can be written in several states. See midwesterninsurance.com for state specific program information. Midwestern has a strong management team, proven expertise in underwriting and claims handling, and a customer-focused culture.

OTHER WHITEPAPERS
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Buy vs build - Improving speed to market in the insurance industry

whitePaper | May 24, 2022

The technological needs of some organizations reflect the urgency of establishing strategic priorities and developing agile solutions that meet customer demands quickly and effectively. One of these strategic solutions will be the adoption of SaaS core systems models.

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What does ESG mean for Underwriting and Insurance?

whitePaper | June 22, 2022

For many people, ESG brings to mind environmental issues like climate change and resource scarcity. These form an important element of ESG, but the term means much more. It also covers social and governance issues.

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The role of wearables in private medical insurance

whitePaper | March 9, 2020

Ever since the rollout of electronic devices capable of measuring and recording various types of health data, private medical insurers have been carefully eyeing the potential usage of these devices. This paper discusses the implementation and practical uses of wearable technology in the private medical insurance market.

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How to Become an Insurance Innovator with Liferay DXP

whitePaper | June 15, 2023

In 2018, a PWC industry report1 indicated that 44% of those surveyed did not believe existing insurers would survive in their current form. The industry is moving into an era called “Digital Insurance 2.0”2 and many insurers are struggling to keep up with its accelerating pace. The shift was born to support new technologies, processes and a market of predominantly Gen Z and Millennial customers. Digital Insurance 2.0 is centered on becoming more customer-centric across operations, people, technologies and processes.

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The future of motor risk: Driver today, passenger next

whitePaper | September 26, 2022

There are several developments that continue to impact the automotive industry to a significant extent. Among these factors are the push by governments towards vehicles powered by new energies, the COVID-19 pandemic with its subsequent economic fallout – such as chip and raw material shortages – war, socio-demographic changes, and technological advancements.

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Unlock the potential of embedded insurance

whitePaper | December 5, 2022

The convenience of embedded insurance is making it one of the most desirable forms of insurance distribution for all parties involved. On the demand side, consumers’ appetite for convenience — and their willingness to conduct transactions online — are both higher than ever. The technologies involved in embedding insurance coverage into other products and services have been perfected. As a result, insurers are uniquely positioned to benefit from the rise of embedded insurance.

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Spotlight

Midwestern Insurance Alliance

Formed in 1960, Midwestern Insurance Alliance operates as a managing general agency providing workers' compensation coverage. Unlike insurance agencies or brokers that sell insurance coverage, managing general agencies, such as Midwestern Insurance Alliance, are authorized by insurers to bind risks. Midwestern Insurance Alliance performs underwriting, claims management and loss control in-house. Midwestern Insurance Alliance provides workers' compensation and specializes in several industry niches. Transportation, wood products and recycling are key business targets however a wide variety workers comp class codes can be written in several states. See midwesterninsurance.com for state specific program information. Midwestern has a strong management team, proven expertise in underwriting and claims handling, and a customer-focused culture.

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