Halifax Home Insurance Uses Burglars to Learn About Theft Trends

A report released by Halifax Home Insurance in March 2011 used the attitudes and opinions of criminals about to be tried for burglary convictions to learn more about how homes are targeted for break-ins. What do burglars look for and what will put them off trying to break into your property?

Using the Criminal Mind to Deconstruct Burglary Habits

This report used a variety of techniques to try and establish how criminals target homes. Participants were, for example, shown photos of properties of varying values and were asked how interested they would be in breaking into each one. Read all post…

The Independents – Increasingly Vocal

Vancouver, April 28, 2011 – ‘Choice for risk managers’ is the rallying cry for a global coalition of independent brokers who will be hosting their third annual event at RIMS 2011 in Vancouver.   This year’s opening address will be by Carol Fox, RIMS Director of Strategic and Enterprise Risk Practice. She will give an address themed ‘harnessing ERM to tap risk appetite’ to the international audience of risk managers, brokers and carriers.   The Independents are part of the fabric of RIMS with several members having been invited to speak in the RIMS educational sessions. The wide-rang Read all post…

CEO Panel: Future Life Insurance Industry Growth Tied to the Middle Market

Las Vegas, April 13, 2011 — Yesterday, three senior life insurance executives shared their views on distribution, regulation, risk management and product innovation, and their impact on the future of the life insurance industry to the 550 attendees of the 2011 Life Insurance Conference.   “Middle market will be the growth engine for the future,” said Thomas M. Marra, president and CEO, Symetra Financial Corp. “Companies will need to return to the basics of life insurance to reach this market. With estate taxes at $5 million and $10 million for one person or a couple, opportunity in the affluent market will be diminished. The days of hunting elephants are probably over.”   J. Eric Smith, Read all post…

Japan can – and will – be a normal economy again

For several decades, business and economic pundits have exoticized Japan’s economy. The supposed lost decades since 1990 have only heightened perceptions of a country whose economic system operates in unique ways, not subject to standard economic analysis.

As I have argued tonight, this view of Japan as atypical and mysterious is, however, unfounded for macroeconomic policy purposes. W

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Strong investor demand drives record issuance of CAT bonds in Q1

New York, NY, April 12, 2011 – Attractive market conditions as a result of strong investor demand resulted in a record issuance of USD 1 billion catastrophe bonds in the first quarter of 2011 in comparison with USD 650 million in the same quarter last year. This is according to the latest Insurance-Linked Securities Market Update from the boutique investment banking arm of Willis Group Holdings , the global insurance broker.   The quarterly report titled, “The Market Digests a Major Catastrophe Event”, is produced by Willis Capital Markets & Advisory , an adviser to insurance companies on capital markets products and mergers and acquisitions.   WCM Read all post…

Insurance marketing: there’s more to it than the close

Why making the close is only one part of agency management

In the marketing of insurance, jumping right for the paperwork probably isn’t your best move too early in the sales conversation. That needs to come after you spend a little time easing the customer into the process. You need to take a piece-by-piece approach to work your way up to the final sale.

You’ll want to do some preparation for yourself prior to meeting with the client. Read all post…