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Free Report on Captive Insurance Trends 2017

Captive Insurance Issues and Trends 2017

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  D DeKoning-SF

Butler University Provides a Tailored "Captive" Talent Crisis Solution

Butler University is hard at work providing a tailored, student-driven "captive" solution for the insurance industry's growing talent crisis. The unique strategy of Butler University's risk management and insurance program captive formation is that, unlike other universities with similar programs, it is completely driven and led by millennials.
October 11, 2017 Read More
  Workers Comp 480x377

Employee Benefits as a Share of Payroll at Lowest Level Since 1980

A report from the National Academy of Social Insurance titled "Workers' Compensation: Benefits, Coverage, and Costs" has revealed that workers compensation employer costs as a share of payroll declined in 2015, reversing a 4-year trend, and benefits as a share of payroll fell for the fourth straight year.
October 06, 2017 Read More
  Global Business Graph-SF

Actuaries Adapt to Climate Change Using New Tools

Actuaries are rising to the challenges posed by climate change. The Actuaries Climate Index (ACI) and the forthcoming Actuaries Climate Risk Index (ACRI) were created to help actuaries address the challenges climate change has created and respond to upward trends in weather-related losses.
September 13, 2017 Read More
  EWI-Steve McElhiney-SF

How To Optimize a Captive Insurance Company

Steve McElhiney of EWI Re, Inc., discusses a time-tested approach to optimizing a single-parent captive insurance company and overlays this approach with key success factors that may be integrated to achieve long-term economic value and superior risk control attributes.
September 06, 2017 Read More
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What Makes a Captive Insurance Company Successful?

What makes a captive insurance company successful is understanding that it is a business, says Jeremy Colombik, president of Management Services International (MSI). In this Captive.com video, he outlines five key factors in making that business a success.
August 22, 2017 Read More
  Leadership Key-SF

The Emotional Intelligence Competencies of an Effective Leader

Understanding the difference between leading and managing is understanding the difference between winning and losing in cutthroat markets. Pure managers make the system work, but leaders make things happen. They make the people around them better. Effective leaders should pay attention to and work to master key emotional intelligence competencies.
August 16, 2017 Read More
  Global Technology-2-SF

Is Your Predictive Analytical Modeling Wrong?

"All models are wrong; some models are useful." Given how pervasive predictive analytical modeling has become in all corners of insurance, this quote serves as an important reminder that models are mere approximations of the real world. While beneficial, models should not be used as a substitute for critical thinking.
July 24, 2017 Read More
  I Love My Job-SF

7 Steps To Increase Employee Retention

Employee turnover is costly. In terms of annual salary, cost estimates for losing a position to turnover range from 30–150 percent (hourly employees) up to 250 percent (sales/senior leadership). Developing a strategy that follows seven key steps is critical to the long-term success of an overall employee retention plan.
July 19, 2017 Read More
  Benchmark-SF

Benchmarking Is the Process of Improving Performance

Companies around the world use benchmarking to catapult their organizations to the top in their industry. Benchmarking is the process of improving performance by continuously identifying, understanding, and adapting outstanding practices and processes found inside and outside the organization. Almost any activity that can be measured can be benchmarked.
June 21, 2017 Read More
  Crystal Ball Businessman-SF

What Is the Future of Individual Claims Reserving?

With the increased need for more accurate reserving models, taking advantage of the information embedded in individual claims data with appropriate claims development models is a promising alternative compared with traditional aggregate triangles. The future of individual claims reserving is enlarged by the innovative opportunities offered by these alternative models.
June 14, 2017 Read More
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