OLDWICK, N.J.--(BUSINESS WIRE)--
A.M. Best invites insurance organizations of all sizes to submit innovations for covering new, previously unaddressed or inadequately covered risks. Insurance and reinsurance companies, insurance agencies and brokerages, wholesalers, claims managers, third-party administrators and alternative market facilities may submit an innovation. An independent panel of insurance professionals will evaluate submissions for inclusion in the January 2015 issue of Best’s Review.
Each January, Best’s Review highlights industry advancements that have been profitable or groundbreaking for insurance companies. “We’ve sharpened our focus this year in response to a theme that some insurance leaders have emphasized recently -- that the insurance industry must find ways to meet new and broader insurance needs or risk becoming less relevant,” Best's Review editor Lynna Goch said. “Some have described the challenge as narrowing the gap between economic losses and insured losses.”
According to Goch, examples might include new ways of underwriting risks of technology, business, life, health, natural and man-made events, or risks previously excluded from coverage.
Innovations should be submitted to www.bestreview.com/innovation by September 16. Submissions must demonstrate that the innovation was introduced during the past five years.
A video explaining the innovation package is available at www.bestreview.com/InnovationPackage.
The January issue will also include news and special editorial and advertising sections. More information on Best’s Review is available at www.ambest.com/sales/bestsreview.
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.
- Insurance Industry
Lynna Goch, 908-439-2200, ext. 5381
Editor, Best’s Review