Web Exchange
Lloyd’s on 2010 Results, Japan, What’s Ahead
Luke Savage, director of Finance, Risk Management and Operations for Lloyd’s of London, speaks with IJ’s Charles Boyle about Lloyd’s financial results for 2010, that reflected the year’s natural catastrophes. Savage says it is too early to tell whether the recent catastrophes might spark an increase in reinsurance rates.
Cyber Insurance for the Uninsurable
When the University of California sought cyber liability insurance, it found no one wanted to write the coverage. Chief Risk Officer Grace Crickette shares how her two years of persistence paid off in finding a Lloyd’s syndicate that reverse underwrote the coverage, paying claims only as long they meet certain standards.
Got Ya!
Special Report: Top 10 Innovative P/C Insurance Products
InsuranceJournal.com’s April Fool’s Day story on innovative insurance products generated lots of buzz and caught more than a few people off guard, at least at the beginning. It also spawned more than one new coverage.
Bill wrote to inform us:
Scott also shared:
Shutdown
Effect of Federal Government Shutdown on Insurance Industry
The most commented upon story in the past few weeks was one on what effect a shutdown of the federal government might have on the property/casualty industry.
The nation dodged a bullet and the shutdown never happened. But the story might be worth bookmarking for future reference. There are more budget battles ahead.
Sales IQ Blog
From Your Sales IQ Blog by David Connolly:
People are all wired differently based upon parenting, education and life experiences. Our perception is unique. How we think and react to ideas, input and stimulus is unique. We all, however, are very much the same, and share a great deal in common. This blog entry explores 6 universal truths about people and how they affect the sales process. No. 1: People generally like people like themselves.
Read More: www.insurancejournal.com/blogs/
Note: When we transferred data from our old Web site to our new one, Connolly’s previous blog entries got left behind by mistake. Insurance Journal regrets the error and inconvenience.