Insights

Insights

How to Balance Technology with Human Touch for Complex Claims Management

In the ever-evolving insurance industry, the management of complex claims requires a delicate balance between technology and human input. While automation and digital tools have streamlined processes, human connection, and oversight remain indispensable. Joe Berrios, Managing Director – Carrier Practice, delves into advice for striking the right balance between technical and human interaction when managing complex claims.

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Insights

GB Expert Perspective: Greg Perruzzi on Overcoming Construction Challenges for MGAs & PAs

With increasing claims complexity, rapid technological advancement, and an ever-changing industry environment, MGAs and PAs focused on the construction industry face a number of risk management challenges. Greg Perruzzi, SVP — Construction Vertical Practice, examines four key areas where deploying end-to-end risk management strategies can mitigate exposure and reduce total cost of risk.

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Insights

The Three Digital Game-Changers Revolutionizing the Carrier Industry

In the fast-paced world of general insurance, standing out from the competition is crucial. Analytics innovation and streamlined processes hold the key to operational performance improvement, empowering carriers to achieve remarkable results. Join Joe Powell, SVP – Analytics, as he dives into the transformative impact of analytics innovation in the general insurance space. Joe unveils three game-changers revolutionizing the way carriers operate, unlock unparalleled efficiency, and deliver superior outcomes.

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Insights

Addressing Legacy Liabilities and Improving Operational Outcomes

In today’s challenging economic landscape, carriers are prioritizing operational and commercial efficiencies. This has prompted the insurance sector to focus on solutions for legacy claims and underperforming lines of business. Here, Jon Stambaugh discusses the opportunities for carriers to address legacy liabilities and improve operational outcomes.

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Insights

The Top Three Best Practice Areas for Carriers and Captives

In today’s industry, keeping pace with changing customer expectations and an ever-evolving industry can be challenging. Fortunately, this month’s Western Region Captive Insurance Conference provided an opportunity to collect expert insights that can empower carriers and captives to secure sustainable success. Following the conference, we are sharing what we hope is a lasting guide to the claims management best practices not to forget and the invaluable questions and answers shared to help insurance providers stay at the forefront of their field. Here, we also dive into some of the questions posed to the expert panel during the discussion.

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Insights

Recapping the RISE Leadership Summit & Awards Gala

RISE (Rising Insurance Star Executives) held its second annual Leadership Summit & Awards Gala on May 23–24, 2023, in Fort Lauderdale, Florida. Industry veterans representing several disciplines within the insurance industry gathered to share their expertise and make connections with the upcoming professionals who attended.

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trucking industry change
Insights

How Telematics Are Supporting Claims Outcomes

In the dynamic transportation industry, carriers face increasing pressures from supply chain challenges and regulations, which makes effective risk management crucial. Telematics has emerged as a vital tool, optimizing claims results, navigating complexities, and enhancing customer satisfaction. Join Doug Betkowski, SVP — Transportation Practice Leader, and Amy O’Brien, VP — Carrier Practice Sales, alongside Mark Gallagher, VP of National Transportation at Risk Placement Services, as they discuss leveraging telematics for improved claims outcomes.

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Insights

How To Gain a Competitive Edge in Today’s Market

The insurance industry has long been regarded as a stable and reliable sector, but it is not immune to the challenges of today’s fast-changing business landscape. Mutual and mid-market carriers are facing a confluence of factors that are impacting their bottom lines, including rising business costs, complex claimant needs, and the mounting impacts of inflation. As a result, many mutuals and mid-markets may be feeling stuck and struggling to get ahead. However, for those seeking to move forward, leaning on a strategic partner could be the answer to unlocking the tools and expertise needed to address these challenges.

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Insights

GB’s Key Takeaways from the TMPAA Mid-Year Meeting

The Target Markets Program Administrators Association (TMPAA) Mid-Year Meeting took place on May 1–3, and our Gallagher Bassett Carrier Practice team took full advantage of the ample networking and educational panels while discussing opportunities to collaborate and prosper in the program business space.

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Insights

Expert Insights: Top Insights and Takeaways from RIMS 2023

In the evolving world of risk, embracing connection, discussion, and insight is the gateway to preparing for what lies ahead and setting a foundation for future success. The array of thought leadership sessions, educational seminars, DE&I discussions, and state-of-the-art solutions at RIMS has certainly empowered risk professionals to bring innovation to the heart of their operations. Our team at Gallagher Bassett (GB) shares the top insights we will be taking back to our desks.

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Insights

How to Maximize Your RIMS Experience

With the largest industry event of the year upon us, GB’s Carrier Practice team shares their tips to maximize your RIMS experience. They reveal the topics to focus on and how to structure your days at the conference to gain the most valuable insights.

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Insights

Expert Insights Ahead of the Insurance Industry’s Biggest Event of the Year With Pam Ferrandino and Joe Zinga 

After several years of industry turbulence in the post-pandemic landscape, the annual RIMS conference is back. Pam Ferrandino, VP – National Marketing Engagement, and Joe Zinga, SVP – Risk Management Sales, explore the defining opportunities for this year, what insights can be gained from RIMS, and how strategic partnerships can take your outcomes to the next level in 2023.

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