January 20, 2021
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  • INDUSTRY NEWS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

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    Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.

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    “Still Opportunities to Get Things Done Despite Dysfunctional US Government” – APCIA CEO

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    Innovation is Happening in Insurance, but Not Disruption – Not Yet! – Aisus CEO

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    NY Insurers Face Challenges and Opportunities in Tech, Financial Literacy – NYIA

  • COMMERCIAL RISK
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    Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs

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    Climate Change Affecting Insured Losses, but Hard to Quantify – Dr. Klotzbach, Colorado State University.

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    Independent Agents See Growth Across All Lines, Despite Challenges – Big I CEO

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    Technology and “Lookers” Enhance Claims Management process – Crawford COO

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    Cyber cover evolves as insurtech explodes – Business Insurance editor

  • CONSUMER RISK
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    FL Commissioner Optimistic about Emerging Consumer Products/Services

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    New Revenues for Insurers Exist in Sharing Economy – Re-Sure CEO

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    Insurers need “sense of urgency” to improve claims and risk assessment process

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    “Amazoned” consumers present challenges & opportunities to personal lines insurers.

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    “Upstart Insurtechs” raising the bar in homeowners market – LexisNexis exec.

  • REINSURANCE/ILS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

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    Robust Reinsurance Market Not Without its Challenges – RAA CEO.

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    Customer Experience…a Modern Differentiator for Insurers – BMS Re CEO

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    US Reinsurance Market “Healthy” While Facing New Threats & Opportunities

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    Reinsurance upgraded to “Stable” as A.M. Best cites possible “inflection point”

  • CAREERS/PROFESSIONAL DEVELOPMENT
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    P&C Industry Gives $1B+/year to Charity…IICF on Women in Insurance & Millennial Summit

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    St. Baldrick’s Carries on Tradition of Giving – NAMIC CEO

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    Looking ahead…Automation, Robotics and AI could help fill “Talent Gap”

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    Grow by Solving Society’s Problems…A.M. Best exec.

    . .

    Spencer Foundation fights “war for talent” with scholarships, grants and internships.

3 New Articles
  • Oct 12, 2020 Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets
  • Feb 6, 2020 Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs
  • Jan 29, 2020 Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.
Home Tag Archives: AI

Tag Archives: AI

FEATURED INDUSTRY NEWS Markets Recent Stories Reinsurance Markets REINSURANCE/ILS WRIN.tv Newswire

Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

In this edition of CEO Angles, AAIS CEO Ed Kelly welcomes Guy Carpenter Chairman David Priebe and Reinsurance Association of America (RAA) President Frank Nutter for a discussion on the current state of the insurance and reinsurance markets in the wake of a tumultuous 2020. In a year that has seen many crises, from the COVID-19 pandemic to civil unrest …

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Claims Management Data/Tech/Modeling EMERGING TRENDS FEATURED Homeowner/Renter/Auto INDUSTRY NEWS P&C Recent Stories Reinsurance Markets Travel WRIN.tv Newswire

Innovation is Happening in Insurance, but Not Disruption – Not Yet! – Aisus CEO

Mica Cooper, CEO & President of Aisus/InsureCrypt opens up about so-called ‘disruption’ in the insurance industry. According to Mr. Cooper, we’re not seeing it… Mr. Cooper notes how much people are talking about innovation, disruption, evolution and revolution in the insurance industry. He sees innovation artificial intelligence (AI) and machine learning. He points out that some innovation is “not legal”, …

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Data/Tech/Modeling EMERGING TRENDS INDUSTRY NEWS Markets Recent Stories WRIN.tv Newswire

NY Insurers Face Challenges and Opportunities in Tech, Financial Literacy – NYIA

New York Insurance Association (NYIA) Vice President Cassandra Anderson provides insights into the challenges and opportunities facing New York insurers, including consumer needs, technology, and emerging regulatory and legislative issues. Ms. Anderson believes among the biggest issues facing companies are ever-changing and diverse consumer needs, particularly in a highly regulated environment where change can be slow. Insurtech, including innovations in …

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Data/Tech/Modeling FEATURED Recent Stories REINSURANCE/ILS WRIN.tv Newswire

Customer Experience…a Modern Differentiator for Insurers – BMS Re CEO

Companies are challenged to find opportunities for growth in a competitive landscape. According to BMS Re U.S. CEO Steve Korducki, the differentiator lies in technology and customer service. Mr. Korducki sees growth for insurers in cyber coverage and insurtech, particularly when organizations utilize tech-focused risk mitigation technology. Changing consumer demographics and market shifts, combined with technology advancements, mean a change …

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Claims Management COMMERCIAL RISK Data/Tech/Modeling EMERGING TRENDS FEATURED Recent Stories WRIN.tv Newswire

Technology and “Lookers” Enhance Claims Management process – Crawford COO

In this edition of “Focus”, WRIN.tv looks at trends in “Claims Management with Rohit Verma, Global Chief Operating Officer of Crawford & Company, where the process is tailored to the needs of industries using a combination of technology and people on the ground. At the January 1 renewals, insurance companies did not see much difference in the rates they were …

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CAREERS/PROFESSIONAL DEVELOPMENT Data/Tech/Modeling EMERGING TRENDS FEATURED INDUSTRY NEWS Recent Stories Uncategorized Working in Risk & Insurance

Looking ahead…Automation, Robotics and AI could help fill “Talent Gap”

Autonomous vehicles will have a huge impact on the personal insurance industry. Automation, robotics and the potential for on-shoring of manufacturing could have a major impact in the commercial insurance space. That, according to Kevin Surace, renowned American technology innovator, speaker, creator of a AI Based Software QA platform, and Inc. Magazine’s 2009 entrepreneur of the Year. He adds that …

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Data/Tech/Modeling EMERGING TRENDS FEATURED INDUSTRY NEWS

Customer centricity, together with technologies and re-engineering creates “Magic.”

According to James Dodge, the “umbrella disruptors” to the insurance industry are the Internet of Things (IoT) along with the data it provides and the cyber risk that is inherent. Mr. Dodge is Practice Leader, Advanced Analytics & Data Solutions at Milliman. He sees profound changes in computing technologies and the “as a service cloud business model” mitigating the advantages …

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Data/Tech/Modeling EMERGING TRENDS FEATURED Homeowner/Renter/Auto INDUSTRY NEWS Legislation/Regulation Recent Stories Working in Risk & Insurance WRIN.tv Newswire

III CEO sees “Disruption Continuum” as New Norm for insurers.

Insurance Information Institute (I.I.I.) CEO Sean Kevelighan sees the “disruption continuum” as the “new normal” for the insurance industry, and outlines the ways insurers can embrace resiliency when contending with catastrophes, geopolitical unrest, technological change.  He says the I.I.I. will “be doing our best to fulfill our mission, and hopefully it will promote a positive sense of the disruption that’s …

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COMMERCIAL RISK Corporate Risk Management/ERM EMERGING TRENDS FEATURED P&C Specialty Lines Uncategorized WRIN.tv Newswire

Ironshore CEO discusses emerging tech, the “Trump Effect”, PPPs, M&As and more.

Kevin Kelley, CEO of Ironshore, addresses the key concerns of risk managers today, including emerging technology, the “Trump effect”, PPPs, M&As, and more. One of the biggest concerns of risk managers is technology and how digital transformation will affect their business and how exposures may change as a result. Emerging technologies are having a significant impact on risk managers. According …

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Data/Tech/Modeling INDUSTRY NEWS WRIN.tv Newswire

Advice for winners re: InsurTech and tomorrow’s insurance value chain – ACORD CEO.

In part two of a two-part Tech Trends in Insurance report, Bill Pieroni, President & CEO of ACORD, discusses the latest developments in InsurTech – “a real phenomenon.” Mr. Pieroni sees two types of InsurTech firms: companies that have a fundamental understanding of the challenges faced by the insurance industry, and those with solutions looking for a problem. The insurance …

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