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The impact of inflation on claims: what lies ahead in 2023

By Andrew Cavan, director, head of major and complex loss (North) As reported in the Financial Times, on 31 August 2022, the head of one of the world’s largest building materials companies confirmed that he’s seeing a ‘second wave of cost increases’ following the surge in gas prices. Spiralling energy prices are just the latest addition […]
March 15, 2023
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Inflation and the current claims landscape

By Max Koonce, chief claims officer, and David Guaragna, SVP, operations Price increases can be seen across all industries — from food and fuel to construction and manufacturing. When we look at the claims industry, these same factors are influencing costs in workers’ compensation, auto and property claims. Inflation squeezes workers’ compensation Price inflation in both medical care and […]
March 13, 2023
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Gaining confidence in compliance

By David Stills, senior vice president, carrier and risk practice In a world of constant change and evolving challenges, risks are more interconnected than ever. Considering the speed at which news travels, the heavy focus on environmental, social and governance (ESG), and the daunting geopolitical environment, organizations must be acutely aware of the changes, as well […]
March 07, 2023
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Imagine 23: highlighting industry trends for the year ahead

By Kathy Tazic, managing director client services Sedgwick’s industry experts and thought leaders are committed to keeping our clients informed on emerging challenges, opportunities and industry news. We’re excited to introduce our Imagine 23 list, which highlights topics and trends employers, risk management and human resource professionals, brokers and carriers should watch throughout the year. Imagine […]
January 24, 2023
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Global supply chain disruptions: anticipating future challenges and taking early action

My Carlos Mantecas, MBA, engineer, marine surveyor and director of marine and transportation Read this in Spanish. Companies around the world felt the last several years impact of COVID-19, geopolitical conflicts, delays and inflation. To conduct business as usual, they had to contend with these unruly factors and find ways to adapt their operations, especially […]
January 17, 2023
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Interrupción de las cadenas de suministro globales: actuar y anticiparse a los retos futuros

By Carlos Mantecas, MBA, engineer, marine surveyor and director of marine and transportation lee esto en ingles Empresas de todo el mundo sintieron en los últimos años el impacto del COVID-19, los conflictos geopolíticos, los retrasos y la inflación. Para llevar a cabo su actividad con normalidad, tuvieron que hacer frente a estos factores y […]
January 17, 2023
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Business continuity in an unpredictable world

By David Berrey, chief compliance officer Our complex global economy is fraught with uncertainty. Companies today must contend with numerous factors beyond their control that jeopardize their ability to conduct business as usual. The past few years have brought new levels of volatility to an already unpredictable operating environment. Here, I will explore a few […]
December 13, 2022
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Uw bedrijfsverzekering vernieuwen in turbulente tijden

By Bart Oversier – major and complex loss adjuster Read the English version. In de recente economisch uitdagende tijden rond COVID-19 hadden maatregelen om de verspreiding van COVID-19 tegen te gaan een negatief effect op de omzetontwikkeling van ondernemers wereldwijd. Tijdens lockdown-periodes organiseerde de Nederlandse overheid hulp om het risico te beperken dat bedrijven massaal […]
December 05, 2022
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Renewing your business insurance policy during turbulent times

By Bart Oversier – major and complex loss adjuster Lees de Nederlandse versie. Amid economically challenging times, measures to combat the spread of COVID-19 negatively impacted sales for entrepreneurs worldwide. During lockdown periods, the Netherlands government organized assistance to mitigate the risk of companies falling over en masse — the most important initiative being the […]
December 05, 2022
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The future of the Great Resignation: weighing labor market trends as 2023 approaches

By David Reed, global head of talent acquisition Is the “great” part of the Great Resignation over? This is one question that is top of mind for human resources (HR) executives as workers continue to hop job opportunities in search of something better. The Bureau of Labor Statistics (BLS) reported that the overall quit rate […]
October 24, 2022
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Economic turmoil fuels the rising cost of auto claims

By Chris Bakes, managing director, auto solutions; Jason Kurutz, director, product management and business strategy; and James Paprocki, managing director For more than two years, news of global economic fluctuation — driven by the fallout of COVID-19 and a variety of climatic, geopolitical and other factors — has dominated financial headlines. The automotive industry is, of course, […]
August 25, 2022
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Sounding the alarm on ill-advised physician dispensing of topicals

By Dr. Paul Peak, vice president, clinical pharmacy From higher prices at the gas pump to increased costs at the grocery store, we’re all feeling the effects of inflation. Many of the proposed solutions — like fixing supply chain disruptions, increasing computer-chip production, and raising interest rates — are out of our control, and we’re […]
June 01, 2022
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