Articles by Andrea Wells

Tech to Detect Fraud

Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use of technology and data analytics. According to consulting firm KPMG, North American companies are not capitalizing on the use of …

Construction Market Keeps Building: Brokers’ Outlook on Current & Future Opportunities

Amid ups and downs, the construction market has seen steady growth over the past four years, and now construction insurance specialists believe the market is set to finally start to heat up. The intense competition has carriers maintaining a market …

Safety: Ridesharing Drivers vs. Average Drivers

Ridesharing drivers are safer drivers than the average American behind the wheel, according to research by Boston-based Aite Group. The researchers, using driving analytics data, conclude that average consumers are safer catching an Uber or a Lyft or entrusting their …

Popular Program Market: New Programs Might Get a Chance

The program insurance segment has been an attractive area for property/casualty carriers in recent years and interest doesn’t appear to be faltering. While carriers have been eager to snatch-up mature and profitable programs for years, interest is gaining among program …

Chipotle Serves Up Lessons for Restaurant Brokers and Their Insureds

The Centers for Disease Control and Prevention (CDC) estimates that one-in-six Americans gets sick every year from contaminated food or beverages. Those in the restaurant industry cannot ignore the risks. The recent chain of events that roiled Chipotle Mexican Grill …

Furry Friends

Members of your family – specifically those with fur and a bark – are costing the industry mega dollars. Dog bites (and other dog-related injuries) now account for more than one-third of all homeowners liability claim dollars paid out. In …

Report: Healthy but Challenging Workers’ Compensation Market

The workers’ compensation market is healthy and robust. It’s both competitive and profitable. That’s good news for business owners, the insurance industry and injured workers. Beneath the positive news, however, is a layer of anxiety over how long the market …

10 Things Young Insurance Agents Like, and Don’t Like, About Their Jobs

Overall, young agents are happy with their career choice. They enjoy the freedom and challenges that come with being independent agents. But they are not thrilled with every aspect of their career choice. Who is? The April 4  issue of …

One-Size Doesn’t Fit All in Today’s Evolving Homeowners Market

The homeowners insurance line, not often thought of as a bastion of change, is actually quietly evolving beyond the traditional “one-size-fits-all” business. Some of the puzzle pieces that make up homeowners insurance are changing shape and new pieces that address …

NFL and Brain Injury

More than 40 percent of retired National Football League (NFL) players in a recent study had signs of traumatic brain injury, according to medical researchers from Florida. The findings were based on sensitive MRI scans – called diffusion tensor imaging …