In an increasingly competitive and demanding landscape, mutual and mid-market carriers are facing a variety of disruptive trends, market challenges, and complex claimant needs and demands that require them to transform their business strategies. The pressure to achieve market differentiation is growing, and it’s now more important than ever to keep a finger on the pulse with advancements in technology while also balancing cost objectives and capital constraints. Our experienced, dedicated Carrier Practice team at GB is one of the industry leaders in partnered claims solutions for carriers and is well versed in the mutual and mid-market landscape. This team is on hand to provide the deep technical expertise and specialized knowledge required to help you stay abreast of a rapidly changing market, enhance your brand, and improve financial outcomes with our cutting-edge technology, transformation, and talent solutions. Our partners can act with confidence, knowing they can leverage our support and expertise to:
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Gallagher Bassett’s specialist carrier team shares its advice to meet and exceed the challenges and expectations of an evolving insurance industry. Explore five challenges and how to meet them head on.
Discover our tailored approach to meet the priorities of mutual and mid-market carriers.
We understand that carriers are under pressure to grow profitably, continuously develop products, expand in markets, delight customers, and keep pace with technology.
In times of uncertainty, insurance carriers can remain resilient and continue to grow…
According to a recent survey*, roughly 30% of run-off deals are motivated by disposing of non-core business; over 15% of relate to trends in social inflation and managing…
Within a dynamic insurance marketplace, the ability to continuously develop products, expand in markets, delight customers and keep pace…
A mutual carrier was leveraging various TPAs to handle claims outside of its core footprint in an effort to hasten profitable growth. The carrier was able to compete on a national scale by leveraging GB’s footprint, expertise, and technology. They streamlined oversight by using fewer TPAs and GBs RMIS to easily see and monitor results while being confident GB was delivering an excellent customer experience.
Read how collaborating as partners, claims volume handled by GB for this mutual carrier client increased from hundreds in a few states in one LOB to a national presence in both Workers’ Compensation and Commercial Automobile Liability. This partnership facilitated growth of a differentiated product in a competitive landscape.
MGAs and PAs struggle to attract and retain talent due to industry-specific demands, competitive pressures, and evolving expectations, compounded by a shortage of the specialty expertise needed to expand their portfolios.
As we enter the second half of 2025, many of the challenges carriers experienced throughout the first half of the year are set to persist. Social inflation is high among those challenges, with its influence on the industry continuing to rise and the impact on insurance losses set to intensify without effective intervention from carriers.
As anticipation builds for the 2025 RISE Leadership Summit, we caught up with Amy Cooper, Founder of RISE and VP — Carrier Practice Sales, to hear about this year’s must-see events and reflect on some of 2024’s highlights.
The rapid growth of generative AI in the insurance industry is undeniable. According to Gallagher Bassett’s (GB’s) recent report, The Carrier Perspective: 2025 Claims Insights, 63% of North American carriers use generative AI as part of claims resolution, which is a 24-percentage-point increase from 2024.
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