3 Things – Risk Concerns, Carrier Innovation & Webinars – 5/28/2021

Hi All!  This week in insurance we are following risk concerns, carrier innovation & webinars of interest.  Here are the three things we learned this week:


2021 Top Risk Concerns

The top risk concerns for insurers for 2021, highlighted by the Allianz Financial Services Risk Trends report, are highlighted by cyber, pandemic business interruption and climate change.  Many of these concerns are expected but the industry is certainly going to be watching cyber regulation and the upcoming tropical storms season that is predicted to be active.


Carriers and Innovation

AM Best has been rating carriers on their innovation strategy and progress for over 1 year now.  They released a report about the progress made so far.  It is clear that carriers are focusing on innovation but the progress made varies and there is still much that lay ahead to create what they need for the future of the industry.


For Your Memorial Day Viewing .. 

We viewed an interesting webinar this week that we thought would be good to pass along.  A good discussion on consumer finance trends in insurance.  Just in case you need some insurance content to entertain while on your long weekend.

We hope everyone enjoys time off with family & friends celebrating Memorial Day Weekend.  Thank you for following us, we appreciate your feedback and continued support.  Stay productive, stay safe and stay in touch!