College recruiting tips for insurance professionals

Article Abstract:

Insurance companies and agencies should focus their college recruiting among students who have majored or concentrated in risk management and insurance (RMI), rather than recruiting liberal arts majors. There are over 200 colleges and universities in the US and Canada that teach RMI, 60 of which offer majors, minors, or concentrations. Insurance companies should participate in both general and specialized RMI job fairs on campus, offer summer internship programs, establish long-term relationships with any local RMI program, and use alumni databases to recruit more experienced candidates.

Risk management, Recruiting, Study and teaching

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Companies can escape insurance captivity

Article Abstract:

The supposed benefits of creating a captive insurance company, which include tax advantages, improved risk-management administration and complying with insurance requirements, are becoming less compelling. Companies considering forming a captive should compare the expense of owning a captive with the costs of other options, including traditional insurance and self-insurance.

Planning, Captive insurance companies

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Small companies, large exposures

Article Abstract:

The growing number of employment-practices suits directed against not only prominent companies but also small- to medium-sized ones is creating a new market for property and liability insurers. Insurers can help these smaller companies protect themselves against costly lawsuits involving directors and officers, employment practices and fiduciary liability.

Commercial Property & Liability Insur, Cases, Employment discrimination

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