With locations in small towns throughout Northwest Ohio and Southern Michigan, Tiffin, Ohio-based UIS Insurance & Investments serves its clients with a small town sensibility and big city capabilities, and that combination suits its employees just fine. Responding to Insurance …
In over 30 years of assisting agents and others in resolving insurance claims, some issues just keep coming up over, and over, again. One such dilemma involves “matching” issues, especially in homeowners insurance claims where hail or windstorm cause damage …
Let’s talk about producer accountability. The number one thing producers need to be held accountable for is their activity. But naturally, accountability is a tough situation. It’s those sweaty palms, lump in your throat, and difficult conversations no one ever …
Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded in the previous quarter, according to the Global Insurance Market Index released by insurance broker Marsh. While this is the …
The home page of Otterstedt Insurance Agency’s website says, “It’s about people, not policies.” After more than 100 years in business, the agency seems to know that living up to this motto starts with its own people. “I have worked …
Risky Riding “When taken together, these data suggest that the dangers of equestrian activities have been severely under-appreciated. … When controlled for hours of activity, horseback riding resulted in a higher proportion of hospital admission than other higher risk activities …
Insurers make money by assuming the business risks of their customers for a fee. They make a profit only if the estimated aggregate cost of the risk for all their customers is less than the aggregate fees for assuming the …
In an era of increased business risk, the owners, CEOs and founders of small-medium enterprises (SME) and technology startups are falling short in both evaluating these risks and showing the right acumen for risk management. According to a report released …
National Riskonnect, ICIX Integrated risk management software firm Riskonnect has acquired ICIX, a California-based value chain governance company that helps businesses manage their environmental, social and governance performance. The acquisition accelerates Riskonnect’s growth by expanding its integrated risk management product …
During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published by Allianz Global Corporate & Specialty (AGCS). Further, the report noted, business interruption and restoration costs are the main causes …
