Snaring the small alternative account
Article Abstract:
The alternative market represents $60-80 billion of premiums coming from large and middle market commercial accounts. A considerable number of insurers with small commercial accounts have added to the roster of companies who shifted their business into the alternative market. Some insurers and reinsurers even go to the extent of connecting with some noninsurance players who will provide the initial capital program business required to form alternative-market programs. This new program involves debt side loans through surplus notes and equity investments contributions.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1997
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Getting ahead by sending out
Article Abstract:
Outsourcing has become an integral part of the insurance industry with functions ranging from information technology to the management of customer service being shifted to outside providers. This trend has provided insurance companies with substantial cost-savings and created stronger ties between insurers and service providers, wherein both parties cooperate to solve problems and improve efficiency.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1998
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