In his own words, Chris Hampshire “fell” into insurance initially, but it didn’t take him long to discover all the ways our industry helps keep the world moving.

Home to nearly one-third of the world’s population, several of the fastest growing economies and multiple countries with rapidly expanding populations, the Asia-Pacific region continues to present varying challenges for insurance carriers, managing general agents, captives, commercial organisations, and government entities across the region.

Treating claimants ‘right’ means many different things to modern carriers and the pressure of meeting ethical, moral, and regulatory demands can make this a complex issue to wade through.

The Supreme Court of the United Kingdom recently ruled in favor of policyholders required to close as a result of government lockdowns, with costly and wide-reaching ramifications likely for the carrier industry.

File resolution is on everyone’s wish list – and prioritizing case closures delivers dividends for all involved that far exceed finishing the year with a clean desk:

Employers and carriers alike are preparing for an onslaught of lawsuits and claims relating to failures to meet health and safety obligations for employees who contract COVID-19 in the workplace, or over the course of carrying out their duties.

While there have been many major events across the decades, there has never been a year like 2020 – with a major bushfire season, storm events and now a global pandemic.

As surge events and matters of business interruption are increasing, let’s examine how the Asia Pacific region responds to these events and learn how a similar approach can be best applied no matter where you are.

RISE is a group with a vision to build a platform where young insurance professionals are recognized for their accomplishments in the industry, can learn about new industry technologies and practices, and are encouraged to engage with industry mentors and peers. Their stated purpose is to educate the younger generations on the benefits of joining the insurance industry and to help bridge the talent gap by creating a space for young professionals to network, learn, and grow.

But what kind of data should be analyzed to help you expand your organizational risk program awareness?

Mike Hessling, Gallagher Bassett’s CEO was recently profiled in Insurance Business Magazine and discusses lessons learned from the pandemic and focusing on superior outcomes.

Jon Stambaugh, Gallagher Bassett’s SVP of Carrier Practice, recently spoke with Insider Engage to discuss growth rate of MGAs in the insurance industry.