In 2017, a record number of 8% of all publicly listed companies were subject to a lawsuit against directors and officers, well above the historical annual average of approximately 3%. Last year began with a total of 785 pending cases in the federal court system, a 12% increase over 2016 case inventory. The recorded pending case count in the federal system alone poses potential investor losses of $900 billion, as reported by the National Economic Research Associates (NERA) 2017 Review.
D&O Professional Lines More
06.20.2018
Insurance companies and high net worth homeowners are sharing responsibility for prevention and mitigation of property losses. The trend – insuring a “loss proof” home – points to a change in thinking from post-loss compensation to pre-loss prevention. Insurance companies are encouraging owners of high value homes to reduce potential exposure to avoid losses in exchange for policy premium discounts and credits.
06.06.2018
Ironshore’s Managing General Underwriting Agency (“MGU”) business model was developed at a time when commercial clients faced significant counterparty risk in the aftermath of the 2008 financial crisis. During the period of uncertainty within the insurance sector, management saw the opportunity to create a vehicle for efficient delivery of reliable capacity through a syndicated partnership platform. Ironshore’s MGU model was a deliberate strategy to offer benefits afforded by large insurance carriers aligned with the nimbleness of a Managing General Agency (MGA).
05.17.2018
Telehealth is a burgeoning industry in markets worldwide. The global telemedicine industry is expected to reach $35 billion by 2020. Medical industry statistics project that telemedicine consultations will surge to 160 million cases by 2020, a 700 percent increase since 2015.
04.12.2018
Latin America is a dynamic market offering the insurance industry opportunities to forge new paths for greater penetration within selected sectors. Insurance industry in-roads with Latin American countries will need to focus on product development, geographic diversification and strategic partnerships.
Click below and fill out the form to receive newsletters about products, Ironshore events and more.