Best Insurance Stocks

The Insurance Companies Package is designed for investors and analysts who need stock advice for the best-performing stocks in the Insurance Company Industry. It includes 20 stocks with bullish and bearish signals and indicates the best insurance companies’ stocks to trade:

• Top 10 Insurance Company stocks for the long position
• Top 10 Insurance Company stocks for the short position

Package Name: Insurance Companies Forecast
Recommended Positions: Long
Forecast Length: 1 Month (4/3/23 – 5/3/23)
I Know First Average: 5.64%

In this 1 Month forecast for the Insurance Companies Forecast Package, there were many high performing trades and the algorithm correctly predicted 9 out of 10 trades. The top performing prediction from this package was BRO with a return of 12.68%. The suggested trades for ACGL and AIZ also had notable 1 Month yields of 11.42% and 9.96%, respectively. With these notable trade returns, the package itself registered an average return of 5.64% compared to the S&P 500’s return of -0.45% for the same period.

Brown & Brown, Inc. (BRO) markets and sells insurance products and services primarily in the United States, as well as in England, Bermuda, and the Cayman Islands. Its Retail segment provides property insurance relating to physical damage to property and resultant interruption of business, or extra expense caused by fire, windstorm, or other perils; casualty insurance; fidelity and surety bonds; and life, accident, disability, health, hospitalization, medical, and dental insurance, as well as risk management and loss control surveys and analysis, consultation, and claims processing services. The company’s National Programs segment offers professional liability and related package insurance products for professional groups comprising dentists, oral surgeons, hygienists, lawyers, CPA’s, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers, real estate title agents, and escrow agents, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liability. This segment also provides outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, as well as underwrites flood insurance products. Its Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance products and services to retail insurance agencies. The company’s Services segment offers third-party claims administration and medical utilization management services in the workers’ compensation and all-lines liability arenas, as well as Medicare set-aside services, Social Security disability and Medicare benefits advocacy services, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.