underwriting News

The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles

Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had reached his annual capacity level. That was an underwriting model commonly used in the Lloyd’s and London markets. Underwriters sat …

Four Reasons to Explore Underwriting Automation

This post is part of a series sponsored by CoreLogic. If you’re reading this blog, then you are likely interested in learning more about how you can make your company’s property underwriting process more efficient. Although there are many misconceptions …

Generali Chief Underwriting Officer Sees His Job as Part Science, Part Art

Bill Skapof, chief underwriting officer and head of global corporate and commercial in North America for Generali, considers underwriting as much art as it is science. Skapof has more than 30 years of global insurance experience developing product, distribution and …

Underwriting Questions in the Sharing Economy

Here at Insurance Journal’s Academy of Insurance, the idea of the sharing economy has been a front burner item lately. This week’s webinar is the third (and last) this year on the subject and the second in three weeks. You …

Survey: Agents Value Carrier Underwriting More Highly Now Than 5 Years Ago

A comparison of independent agent opinions five years ago to today shows how far the agency channel has come while also illustrating that certain fundamentals remain important throughout cycles and market disruption. Nearly 2,000 independent agents weighed in for the …

The Right Property Data Helps Better Serve Consumers

This post is part of a series sponsored by CoreLogic. Why doesn’t the carrier already have property data on this home? Is this quote accurate or will I have to go back to the homeowner with a revision? Every agent …

7 Simple Underwriting Questions Nobody Asks

First, let’s be clear – this is only a SMALL sampling of simple questions agents and underwriters fail to ask! There are dozens of simple, common sense questions that are often skipped – why remains a mystery. Second, this article …

Agent, Cyber-Educate Yourself — and Your Clients

A recent report showing that cyber insurance premiums will grow globally from $2 billion annually to more than $20 billion over the next 10 years reinforces what most in the insurance industry already know: cyber risks are a big deal …

Sullivan Brokers Wholesale Insurance Solutions Announces Bridget Livingston Joins Firm as Broker in Healthcare Practice Group

Los Angeles, CA, March 2, 2015- Sullivan Brokers Wholesale Insurance Solutions is pleased to announce that effective February 17, 2015, Bridget Livingston has joined the firm as a Broker in the Healthcare Practice Group. In addition to her solid Healthcare …

North Dakota Fines Blue Cross $60K for Claims, Underwriting Violations

North Dakota’s insurance department has levied a $60,000 fine against the state’s largest health insurer for violating state law. Noridian Mutual Insurance Co. does business as Blue Cross Blue Shield of North Dakota. Insurance Commissioner Adam Hamm says a state …