Risk Managers’ Forum By Richard Rudolph SEVEN RISK MANAGEMENT LESSONS FROM COVID-19 What lessons have risk managers learned and what challenges remain? Just as COVID-I9 changed the way we humans interact, the virus also affects non-human assets. For years, employers labored under the belief that employees had to be closely supervised to be productive, and that productivity was enhanced by having many employees working in cubicle farms and in the
Management
Acquisition Acumen By James Graham, CVA THE CANARY IN THE COAL MINE It won’t be surprising if multiple brokers go public over the next few years Starting in 2007, when Hub International Limited and USI Insurance Services, LLC, were taken private by Apax Partners and Goldman Sachs respectively, private equity (PE) capital has fueled a rapidly increasing consolidation of the insurance distribution industry. In just 14 years, the industry has
Winning Strategies By Brent Kelly THE POWER OF HAVING A MARKETPLACE SPECIALTY Begin the process of reaping rewards by accepting responsibility for your attitude and actions According to Risk and Insurance magazine, 91% of this year’s top-producing “power brokers” have a niche or specialty in the marketplace. The same is true within our Elite 50, the Sitkins Network’s sales mastery group. At least 90% have a niche they own. I
Professional Development INSURANCE UNCOVERED NAMIC podcast shares news and thought leadership in the P-C industry By Christopher W. Cook “We’re back here with The Bossman, Bob Cormier. ‘From the racks and stacks, it’s the best on wax. It’s the Chordettes, with ‘Lollipop.’” Sadly, for all the Netflix subscribers reading this, Stand By Me, my personal favorite Stephen King film adaptation, recently left the streaming platform. My favorite guilty-pleasure Stephen King
IT’S TIME TO INNOVATE IN PREMIUM FINANCE A blueprint for using tools available today to improve experiences By Russ Goldstein I’m a child of the 80s and 90s and I’ve been known to feel nostalgic while listening to the 80s channel on satellite radio or watching old movies. That said, I’m grateful for the many aspects of society that have improved since then. Innovation and technology have changed our lives
