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Industry Insights

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Data-Driven Decision-Making: All the Cool Kids Are Doing It

By: Nick Sarneso March 14, 2019
There’s a bit of a change taking place in company circles. After many years of being at the end of a variety of “nerd” jokes, actuaries are gaining some popularity for what we have to offer. The large claims trend is creating a number of challenges in the business, and our knowledge is vital to efforts that can help to minimize the impact. This, dare I say, has caught the attention of those in all segments of the company because actuaries have what everyone needs to make smart decisions in challenging times – the ability to turn data into action.
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Client Variety with Commitment Across the Board

By: Greg Wilden February 13, 2019
Large carriers often offer Stop Loss insurance among their many lines of business; it’s one more product to sell if requested by a customer. Our approach is a little different. Stop Loss is what we do – and our focus is on developing strong relationships as we work to deliver the right solutions for the client at hand. Stop Loss is not a commodity, but an integral part of the financing of our policyholders’ health plans.  
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What I Learned in the Birthplace of Underwriting

By: Mark Lawrence January 22, 2019

Most people in insurance are familiar with Lloyd’s of London, which started in 1686 in London, England, at Lloyd’s Coffee House, a venue popular with sailors, merchants and ship owners. Lloyd’s originally provided shipping news, but it became an ideal place to obtain marine insurance for ship owners interested in pooling their losses so the impact of losing one ship would be spread across the entire group.

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Problem-solving with Reflection and Resolution

By: Tom Doran December 13, 2018
I love solving problems. That’s the best part of my job. Lucky for me, we’re in a thought-provoking industry – one that’s become even more challenging with the growth of high-dollar claims. As a reinsurer, paying those claims is the most important thing we do. The challenge lies in creating the right solution for each client, appropriately pricing business to ensure obligations can be fulfilled and finding ways to help contain claim costs for everyone involved.
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The Desire to Do Right by People

By: Dan Carlton October 30, 2018
I think that most people want to do a good job at work. We spend more time here than we do with our families or our hobbies, so it needs to mean something big as well. Doing a good job gives us satisfaction, and satisfied employees make a difference and help their companies prosper. But what really brings importance to those eight-plus hours a day is developing personal connections with co-workers and clients. That’s what drives excellence.
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