Articles by Andrea Wells

How to Deliver Restaurants from Risks of Take-Out Boom

With a growing number of apps and on-demand services, millennials in particular are increasingly ordering take-out food from their favorite restaurants. As more restaurants expand services into delivery, risk managers must be mindful about vehicle exposures and aggressively manage not …

Insurance Brokers Sharing in the Sharing Economy

As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million consumers and $57.6 billion in spending …

Reducing Fire Risk Doesn’t Cost More

Properties built in wildfire-prone areas could be built to better withstand fire risk without increasing the cost of construction. That’s according to a new study released last month that found negligible cost differences between a typical home and a home …

How Wholesale Brokers Are Winning Over the Next Generation

“Cool. Sexy. Rewarding. Fascinating. Flexible. Better than ESPN.” That’s not some googley-eyed entrepreneurial hotshots talking about the latest insurtech. That’s young brokers talking about the wholesale insurance business. While college students rarely start out expecting to enter wholesale, proactive and …

Holiday Party Canceled

The economy is booming but that isn’t spurring a rise in holiday parties this year. This may be the result of the #MeToo movement, which has highlighted sexual harassment and assault in the workplace, according to a survey released by …

Top 10 Market Conduct Actions

Untimely claims handling and failure to provide required compliant claims, underwriting, and policyholder service disclosures are the U.S. insurance industry’s top compliance shortcomings. That’s according to a review by Wolters Kluwer of U.S. insurers’ market conduct actions published by state …

#MeToo One Year Later

It’s been one year since news broke about Harvey Weinstein, sparking the #MeToo movement. Since that time, one-third of executives have altered their actions to avoid behaviors that could be perceived as sexual harassment, according to new data from the …

How New Business Is Creating a New Wholesaler-Retailer Relationship

An influx of new business is presenting surplus lines wholesalers and their retail partners with new opportunities to work together even as other forces are changing how they work together. The surplus lines insurance market continues to grow, not because …

Start With Good Intentions

Employee-focused. Employee-owned. And family. Those are the qualities employees value most at Orland Park, Ill.-based The Horton Group — winner of Insurance Journal’s Best Agencies to Work For Overall 2018 Award. “Horton cares about work-life balance. They give so much …

Harassment in the Workplace

More than one-third (35 percent) of employees in the U.S. feel they’ve experienced workplace harassment, and half of them believe it was due to their gender. That’s according to a study released by specialty insurer Hiscox, which also found that …