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“It is time to stop minding our “P’s” and “Q’s” when it comes to Risk Management and start managing risk,” says Gareth Beaver, CEO of Centriq Insurance.
Healthy competition is the corner stone of our society and economy. It ensures service providers are up-to-date, efficient and productive, thus enabling them to provide the best possible product for the consumer.
Underwriting Management Agencies (UMAs) play a key role in the industry. Some of the cornerstones of a successful UMA include the choice of insurance partner with the alignment of goals and interests, a technology platform and the identified market.
According to a Swiss RE sigma study, claims for natural catastrophes and man-made disasters in 2013 came to $45 billion, which is significantly “down” from $81 billion in 2012.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?