Relm Insurance’s Post

Lloyd's, the world’s foremost insurance and reinsurance marketplace, has unveiled a new systemic risk scenario estimating that a hypothetical future human pandemic could result in global economic losses of up to $13.6 trillion over five years. Rebekah Clement, Lloyd’s Corporate Affairs Director, emphasised the insurance industry’s critical role in mitigating such risks. “Our research shows that insurance is more than a financial safeguard; it is a critical enabler of societal resilience and recovery.” Read the full story here: https://lnkd.in/dP98ERNM Join Lloyd’s leaders at Insurtech Insights Europe 2025 on March 19 to 20th at The O2 Intercontinental, London. For more information: https://lnkd.in/gnvvek7 #insurtechinsights #insurance #insurtech #reports

Is your business looking to reduce complexity and mitigate risk around your contracting processes? Take inspiration from AXA and watch how they partner with Conga to leverage Conga CLM to streamline complex contracts and reduce risk for their business at scale https://lnkd.in/gEqxQigA #Conga #ContractLifecycleManagement #CLM #RevenueLifecycleManagement

Is your business seeking to simplify and reduce risk in your contracting processes? Check out how AXA collaborated with Conga to use Conga CLM to streamline complex contracts and minimize risk for their business on a larger scale https://lnkd.in/gfaJ9CPs #ContractLifecycleManagement #CLM #RevenueLifecycleManagement #FinancialServices #CustomerSuccessStory

Is your business looking to reduce complexity and mitigate risk around your contracting processes? Take inspiration from AXA and watch how they partner with Conga to leverage Conga CLM to streamline complex contracts and reduce risk for their business at scale https://lnkd.in/etf8MGhV  #ContractLifecycleManagement #CLM #RevenueLifecycleManagement

What a remarkable year for MX Underwriting Europe and the wider Specialist Risk Group (SRG)! In 2024, we have taken great pleasure in supporting our broker partners and your clients even further by: ✅ Unlocking new expertise ✅ Expanding our offerings ✅ Reaching key milestones across MX and SRG as a whole. All of these contribute to providing even more tailored insurance solutions for hard-to-place risks, empowering you and your client’s businesses. Watch our year in numbers and see how these successes are setting the stage for even greater opportunities in 2025 and beyond. #Unwrapped2024 #OpportunitiesUnlocked #MGA #InsuranceSolutions 

Verisk has launched the ISO Experience Index, a new tool to help actuaries tackle the increasing volatility in the #insurance industry. With $21.2 billion in underwriting losses reported in 2023, this tool offers a modern approach to assessing risk and making informed pricing decisions. Discover more in Verisk's article. #Verisk #RiskManagement

Question: do you *really* know how your portfolio program is performing or are outcomes more akin to being swallowed by a black hole? I've engaged in many insightful discussions about portfolio programs with various private equity sponsors in recent months, spanning both existing and new relationships. I urge sponsors to assess the value derived from their current broker relationships – Is it quantifiable? Are outcomes transparent? Is there consistency in balance sheet protection? These factors, and more, are crucial in transforming the concept of a portfolio program into a tangible reality. For GPs seeking clarity on the value their brokers offer, challenge them to articulate it. Transparency is key in the insurance brokerage process, and outcomes should not be obscure. The Marsh PEMA Portfolio Platform streamlines risk evaluation and customizes insurance programs for enhanced balance sheet protection. Explore more about the platform here: https://lnkd.in/gwDHQ3nw #privateequity #MarshPEMA #portfolioprograms #valueacceleration

Verisk has launched the ISO Experience Index, a new tool to help actuaries tackle the increasing volatility in the #insurance industry. With $21.2 billion in underwriting losses reported in 2023, this tool offers a modern approach to assessing risk and making informed pricing decisions. Discover more in Verisk's article. #Verisk #RiskManagement

Deadline Alert: The MGA Survey Closes Soon! Time is Running Out: The Insurance Times #MGA Survey closes on September 9th. Your insights are crucial in shaping the future of the #insurance market. Hundreds of #brokers have already shared their views. Now it's your turn to help define the MGA landscape. Join Hundreds of Brokers Who Have Already Shared Their Views LINK - https://lnkd.in/et5H6yAq #IndustrySurvey #Feedback #Change #InsuranceIndustry #MGAIndustry #InsuranceTechnology #Partnership #DirectUnderwriter #Efficiency #Innovation #FutureOfInsurance #Broking

Applied Underwriters has announced that the American Atlantic Assurance Company, part of the North American Casualty group, will officially commence underwriting operations on January 1, 2025. Jeroen Claesen, President and Chief Underwriting Officer for Applied Financial Lines in the EU and Middle East, emphasised the seamless transition and future improvements “We have already taken steps to ensure a smooth transition for our existing customers. With long-term stability, aligned strategic values, and a forward-thinking management team, we anticipate significant enhancements to our operations in 2025 and beyond." Also quoted in the story is Steve Menzies, Chairman and Founder of Applied Underwriters. Read the full story here: https://lnkd.in/dSN4KaMu #insurtechinsights #insurance #insurtech #productlaunch