Moonstone Information Refinery’s Post

#ICYMI: At #ncciAIS in May 2023, we presented the State of the Line Report—a comprehensive account of financial results for the #workerscomp insurance line of business. The results presented in that report reflected the most current data available at the time, including NCCI’s preliminary estimates for Calendar Year 2022. In this report, we provide updated results for 2022, as well as preliminary information for 2023: https://lnkd.in/ed4SEPmA

Working through a Diminished Value claim can be difficult. DCI Solution's expert Valuation Specialists are trained to handle these tough claims and help you settle your claims faster. Our industry approved method is used nationally to accurately calculate diminished value. Contact us today to learn more about our methodology and how we can assist in your diminished value claims. #DiminishedValue #DCISolution #Valuations https://lnkd.in/gWvRRPu

We have direct access to more active participating insurers than many of our peers, along with exclusive insurer solutions that no other representative can provide. Speak to us today. 📞 0800 180 4203 📧 [email protected] #pii #freelancesolicitors #indemnityinsurance

CPD EVENT ALERT! Webinar: Financial Conduct Authority - Intro to Regulation of General Insurance Friday 19th April 2024, 12:30 - 13:30 (UK Time) This session is designed as an introduction or a refresher to the regulation of general insurance for intermediaries in the UK. As such, it delivers an overview of core elements of the UK’s regulatory framework, who the regulations apply to, ICOBS, on core regulatory principles and rules across General Insurance. Please select the below link to book your place: https://lnkd.in/enJEjWnf #IIN #CPD #regulationtraining

What causes a market cycle and are we heading into a soft market in 2024? Join us for this informative presentation given by Alan Chandler. He’ll be looking at what causes market cycles in the insurance industry and what is likely to occur in 2024. Alan correctly called the hard market in 2020, providing a presentation on the seven reasons why the market would harden. Rates have now got much higher; investment returns are now at very healthy levels and underwriting in the UK looks a lot better proposition than it did back in 2020. New entrants will be attracted to the market and existing players will look to expand capacity to take advantage of the current favourable investment conditions.   By joining this webinar, participants will understand:   -       What is an insurance market cycle. -       What causes a market cycle change. -       Where the market is heading in 2024. -       How brokers and underwriters can best manage the changing market cycle. -       The brokers fiduciary duty in a softening market and why insurers cannot not expect blind loyalty from brokers.   Date: Friday 16th February Time: 2 pm – 3 pm Venue: Online   ➡ Find out more and book your place at: https://lnkd.in/edRuaXQd   #IIB #InsuranceIndustry #GlobalMarkets #Bristol

I had the opportunity to attend an insightful lecture titled "Recovery and Resolution" at Polskie Stowarzyszenie Aktuariuszy event. Lutz Wilhelmy shared valuable perspectives on the path forward in times where IRRD is being in trialogue. Key takeaways included the importance of: 💡 Gaining consensus on objectives to honor creditors' claims promptly. 💡 Establishing a clear resolution authority, ideally interconnected with other supervisory bodies. 💡 Developing robust resolution powers, including the creation of mechanisms such as bridge institutions and restructuring of liabilities. #irrd #insurance #riskmanagement

FSCA levels playing field for microinsurers, aligns waiting periods with traditional insurers. Microinsurers can provide waiting periods similar to those imposed by traditional insurers, following the publication of an exemption notice by the FSCA this week. Please refer to the complete article for further insights and reasons for exemption. https://buff.ly/48Lpsjl Like, share, comment and subscribe! #FSCA #exemption #funeralpolicies #INSNotice3of2024 #longterminsurance #microinsurers #PolicyholderProtectionRules #traditionalinsurers #waitingperiods #moonstoneinfo #moonstoneupdate #industrynews #compliance

Want to know how a top 5 P&C Insurer's adjusters reduced their time managing statements by 30%? Check out how they use n2uitive to manage their recorded statements and triage claims within their RSLM workflow: Find out more: https://hubs.ly/Q02ykBXB0 #n2uitive #recordedstatements #RSLM

The state of the UK Professional Indemnity Market is continuously changing and evolving. We expect to see trends such as artificial intelligence and growth of regional influence continue to be highlighted in this year's PI market report, do you? If you're a Professional Indemnity professional, have your say by taking our 5 minute, anonymous survey using the link below. #PIMarketsurvey #haveyoursay #ProfessionalIndemnity

Have you participated in the Q3 2024 iteration of our Insurance Labor Market Study yet? Complete the brief survey today to receive complimentary access to the results summary and webinar: https://jcbsn.gr/4flnmv5 #InsuranceIndustry #LaborMarket #InsLaborStudy Aon