2022 has brought immense challenges to the insurance industry. Economic uncertainty, rising costs, and lengthy supply chain delays impacted every line of business in different ways. Acute talent shortages, adjusting to hybrid or fully remote work models, and attaining better diversity and inclusion (D&I) were some of the issues that […]
seo marketing bootcamp
What are insurance deductibles, and why does your insurance have them?
An essential part of an insurance contract, a deductible is the amount the policyholder agrees to pay out of pocket before the insurer shoulders the cost of coverage. One important thing to note, however, is that although it is common in the industry to hear “after paying for a deductible,” […]
Zurich charitable arm announces Urban Climate Resilience Program
“The need for adaptation has evolved to be both more urgent and more permanent than what any of us could have predicted,” said Gregory Renand, head of the Z Zurich Foundation. “Against this backdrop, we welcome the launch of the SharmEl-Sheikh Adaptation Agenda at COP27 and are pleased to bring […]
Four commercial auto risk trends to watch in 2023
Donald Williams, AVP global corporate and specialty at Aviva Canada, spoke to Insurance Business about several trends they’re watching in the commercial auto space: Inflation “We’ve seen inflation impact automobile insurance, both from the personal and commercial side, leading to higher physical damage or loss claims costs,” said Donald Williams […]