Advisen published the following press releases in 2000 – 2009:
New research from Advisen Ltd. has found commercial insurance brokers worry that industry changes resulting from various investigations into contingent commissions and anti-competitive practices will create financial burdens for both clients and brokers and potentially stifle the very competition that the changes are supposed to foster.
Commercial insurance buyers want significant changes in insurance transaction practices and are concerned about contingent commissions and other brokerage firm activities currently under investigation, according to a new survey of nearly 700 risk managers conducted by Advisen Ltd.
The commercial insurance industry experienced its third consecutive quarter of declining prices, according to the RIMS Benchmark Survey?, the industry’s only comprehensive survey of current policy renewal prices as reported by corporate risk managers.
Advisen Ltd., the leading provider of analytics, benchmarking and information for the commercial insurance industry, today unveiled new analysis of corporate accounting practices for over 9000 companies which, when combined with other analytics, offers statistically significant indications on the probability of securities class action suits and Directors and Officers (D&O) liability risk.
In the continuing march toward a soft market, most commercial insurance buyers renewed their policies at the same or lower premiums last quarter, according to a survey of corporate risk managers. Data from the survey shows that premiums declined by 18 percent on average and as high as 52 percent for up to half of the Directors & Officers (D&O) Liability, Property and General Liability policies renewed in the second quarter.
A majority of commercial insurance buyers believe that the commission arrangements between insurance brokers and insurance carriers, known as contingent commissions or placement service agreements (PSAs), are a conflict of interest, a new survey has found. The survey also revealed that the buyers feel that they receive inadequate disclosure from their brokers about these agreements, which currently are under investigation in at least three states.
Commercial insurance buyers say the costs of two major lines of insurance fell in the first quarter of 2004, demonstrating that the overall market was continuing to soften, according to the RIMS Benchmark Survey”, an industry survey of market conditions released today.
Advisen, Ltd., the leading provider of information, analytics and benchmarking for the commercial insurance industry, today launched Version 3.0 of its industry-leading information platform for insurance professionals. The New York-based company, which currently serves over 200 leading risk management organizations, insurers and insurance brokers, unveiled the product at this week’s RIMS 2004 Annual Conference and Exhibition in San Diego, Calif.
Advisen, Ltd., the leading provider of information, analytics and benchmarking for the commercial insurance industry, today expanded its industry-leading information platform for insurance professionals to include hospital and nursing home malpractice data, and additional tools to assess and manage healthcare professional liability risk.
Annual Publication Shows Dramatic Shifts in Hard Market Conditions As Industry Emerges from 9/11 and Corporate Scandals to More Efficient Market NEW YORK, March 8, 2004 – Commercial insurance buyers experienced a turbulent past year as the hard market reached its peak and then began its current softening trend, according to the annual market survey…
ADVISEN EXAMINES INVESTOR AND MARKET REACTION TO DEFICIENCIES IN LOSS RESERVES AT MAJOR INSURERS Advisen QuickNote Models Impact of Loss Reserves on Share Prices NEW YORK, February 20, 2004 – Advisen, Ltd., the leading provider of information, analytics and benchmarking for the commercial insurance industry, today announced it will release an Advisen QuickNote next week…
Commercial insurance buyers say the cost of property insurance fell 8.8 percent in the fourth quarter of 2003 marking the first decline in premium prices in any major line of commercial insurance in nearly four years, according to the RIMS Benchmark Survey”, an industry survey of market conditions released today.
Commercial insurance buyers say the skyrocketing increases in costs of many insurance policies showed signs of stabilizing in the third quarter, according to the RIMS Benchmark Survey, an industry survey of market conditions released today.
Advisen, Ltd., the leading provider of information, analytics and benchmarking for the commercial insurance industry, today introduced Version 2.0 of its industry-leading information platform for insurance professionals.
The cost of fiduciary liability insurance which includes coverage for trustees of pension funds and trusts, as well as coverage for directors and officers of corporations, continues to skyrocket, according to the RIMS Benchmark Survey, an industry survey of commercial insurance market conditions released today. The survey also indicates that the number of policies required by risk managers to meet some insurance needs is not changing and the cost of property insurance also seems to be leveling. The market conditions are summarized by Advisen Ltd. for the Risk and Insurance Management Society (RIMS).
Unlike the anecdotal evidence of the recent past by trade reports and other sources of market data, preliminary results from the newly empowered RIMS Benchmark Survey, released today at the Risk and Insurance Management Society’s annual conference and powered by Advisen, validate changes in the price of different insurance coverages. Furthermore, the results confirm the difficulty of the coverages’ procurement, which previously had been hard to confirm.
Advisen Ltd., the leading provider of strategic information services for the commercial insurance industry, today announced that Peter Cottrell, head of Advisen’s International Operations, was named president of the Professional Liability Underwriting Society (PLUS) for 2003.
Advisen Ltd., a developer of online interactive software and information sourcing tools exclusively for insurance professionals, announced the first preview of its new service at the Risk and Insurance Management Society’s (RIMS) 40th annual conference.
Advisen Ltd., a developer of online interactive software and information sourcing tools exclusively for insurance professionals, announced the initial launch of the its interactive online resource system designed specifically for insurance executives.
Advisen, Ltd., a provider of information and benchmarking services to the commercial insurance industry, announced today it will offer the first preview of its new service at the Risk and Insurance Management Society’s (RIMS) annual conference.
Advisen Ltd., a developer of information resources for the commercial insurance industry, today announced it will partner with Lante Corporation, a leading eMarket builder, to develop the initial prototypes for a new online information resource for insurance professionals.
A group of commercial insurance and technology executives have founded a new company that will provide an online information resource designed specifically for the commercial insurance industry. The new company, Advisen Ltd., will also develop proprietary software and databases to offer risk managers, brokers and insurance companies new analytic and benchmarking tools.
