Inside the Insurance Industry

by Kevin L. Glaser

Let author, Kevin L. Glaser, CPCU, CIC, SCLA, ARM, AAI, AIC, ARM-P, AIS, share with you his wealth of first-hand experiences gained in his roles as insurance company adjuster, underwriter, marketing representative, risk manager, and expert witness over a period of thirty years. This revised third edition contains expanded content in most chapters, including factors affecting the price of insurance, litigation related information, comparisons of the insurance industry to the automobile industry, as well as the addition of an index and new easier-to-read book formatting. Who should read Inside the Insurance Industry - Third Edition? This book contains useful information for attorneys, new insurance company hires, risk managers, financial planners, business owners, college students taking insurance courses and individuals who purchase insurance to protect their financial well-being. Sample areas of interest to readers include: Mechanisms and processes by which insurance is sold -Identification of various distribution methods -Definitions of common industry terminology Internal workings of insurance companies -Discussion of responsibilities of departments such as marketing, claims, underwriting, policy services, audit, loss control, legal, actuary, subrogation, internal audit, product development, information technology and management Little known factors that impact insurance companies and policyholders Factors affecting the price of insurance -How to get the best insurance deal -When (and how) to make an insurance claim External resources available to assist purchasers of insurance -Consultants -Public adjusters Risk management -Risk manager essential responsibilities -Sample case study Litigation-related information What the future holds for the insurance industry This book is written in an easy-to-understand format which allows people with limited experience working with insurance to better understand many areas of insurance which were previously unknown to them. It contains just the right mix of broad and specific information. All of the above are valuable reasons to purchase Inside the Insurance Industry - Third Edition. But the #1 reason for you to buy this book is that it will save you money!

124 pages, Paperback

First published February 17, 2010

About the author

Kevin has completed 5 books: the authorized biography of his uncle, Tompall Glaser, titled "The Great Tompall - Forgotten Country Music Outlaw," and Inside the Insurance Industry, along with updated insurance information in second, third and fourth editions.

His latest Inside the Insurance Industry edition is a comprehensive guide that is perfect for anyone seeking to navigate the complexities of insurance, including individuals, business owners, students, attorneys, risk managers and insurance professionals.

Highlights of this book include:

• New insights into managing risk and emerging industry trends.
• Expanded sections on pricing, claims processes, and securing the best insurance deals.
• Clear explanations of insurance company operations and how departments affect policyholders.
• Practical tools like a sample Insurance Proposal Worksheet.
• Tips for avoiding litigation and effectively handling insurance claims.
• A glimpse into the future of insurance and its potential impact.

During a professional career as an insurance consultant spanning over 20 years, the author’s primary focus during each project was to both enhance insurance coverage and save money for clients. This approach has been carried over into the contents of Inside the Insurance Industry - Fourth Edition, where readers can both improve their insurance knowledge and save much more money than was invested to buy this book.

Written in plain language, this book breaks down industry jargon, offering actionable advice for saving money and making informed decisions. Whether you are new to insurance or looking to deepen your expertise, this resource is designed for you.

Other than writing, Kevin Glaser enjoys biking for hours on end, taking long walks, guitar playing and singing.

Glaser's primary occupation involves providing litigation support and expert witness testimony and insurance and risk management consulting across the USA.

Reviews

[Tom Nicholls · Rating 3 out of 5]

A valuable resource for anyone seeking a deep dive into the US insurance landscape.
The author's profound knowledge shines through, making it a solid, if sometimes academic, read.
A touch more real-world narrative would have elevated it from informative to 4 or 5 star book.

[Don Nestor · Rating 4 out of 5]

For insurance agents, will tell you the other roles that exist in the industry and is useful for you as it gives you a deeper view on why things are the way they are.

[Ervent · Rating 4 out of 5]

Contents:
- nitty gritty of insurance companies
- guide to making better insurance purchase decisions
- guide for aspiring insurance agents/brokers/consultants

Alas,
the book missed the topic of capital/float allocation