Rating, Underwriting Commercial Crime Insurance for Businesses

Rating, Underwriting Commercial Crime Insurance for Businesses It’s estimated that the annual cost of employee theft and fraud to American businesses is more than $400 billion. In fact, the Department of Justice (DOJ) estimates that more than one-third of [...]

Insurance Survey Reveals More Insurers Using Predictive Modeling

Insurance Survey Reveals More Insurers Using Predictive Modeling Global professional services company Towers Watson recently released its fifth annual survey on insurer use of predictive modeling. The survey found that although most insurance carriers still don’t have a comprehensive [...]

Why MGAs Need a Custom Commercial Lines Rating Solution

Why MGAs Need a Custom Commercial Lines Rating Solution When it comes to commercial lines insurance rating systems, a retail agency’s rating system doesn’t work for Managing General Agencies (MGAs) and the specialty niches they serve. They need a [...]