Tag: news for insurance brokers

IBISWorld insurance agents news from the UK

Nordstrom
Insurance Agent jobs

Report outlines the latest in the industry for the United Kingdom. IBISWorld, has released a report with the latest insurance agents news and have identified an updated list of factors that are affecting employees within that sector of the industry in the U.K. It showed that the continued economic struggle since 2008-2009 is the heart of the current macroeconomic influence. Tim Stephen, an industry analyst from IBISWorld, explained that “there has been a resulting decrease in the need for workers’ compensation insurance, as it is determined by total employment.” He…

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Insurance brokers benefit from recovering economy and rising prices

Julie Campbell

The economic recovery and the increases in prices have helped to boost the largest publicly traded insurance brokers as a whole throughout 2011 when compared to the year before. According to the director at Stifel, Nicolaus & Co. Inc., Meyer Shields, these two factors were very helpful to the collective fortune of these insurance brokers. He stated that “It’s not the strongest recovery we’ve ever seen. It’s not the strongest rate cycle we’ve ever seen. But it’s helping.” The industry has discovered that as there is not as much income…

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Insurers shave their heads to raise awareness of childhood cancer

This week in Las Vegas, Nevada, eight insurance executives from some of the largest insurance groups in the country had their heads shaved. Though the insurance industry is the target of rampaging criticisms, this was not an event where insurers were punished for their business practices. The event was organized by the AmWINS Group, a large insurance group based in California, in order to raise awareness for research concerning children with cancer. The event was part of the St. Baldrick’s Foundation’s fundraising efforts on the matter. Shaving the heads of…

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Forecasts for the 2012 life insurance marketplace

Nordstrom

Now that 2011 is coming to a close, life insurers are looking ahead to the new year to try to find out what they can expect from their near future. Though this process is a very cloudy one, as it is impossible to make precise forecasts about the way this market segment will perform, it is still important to try to get an image of what the future may hold. Among the more common predictions are the following: • A larger number of consumers will be starting to think about…

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CSC announces the creation of the Insurance Cybersecurity Advisory Council

The Computer Sciences Corporation (CSC) has announced that it has created an Insurance Cybersecurity Advisory Council to assist in the creation of technology strategies and best practices for property and casualty insurers, life insurance companies, and annuity providers, so that they can more effectively control their risk of cyber attacks. This new Council is made up of IT and business executives from a wide range of different insurance companies and will work with the CSC in the promotion of awareness of the issue, and to help to educate the industry…

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