May 18, 2022
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  • INDUSTRY NEWS
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    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: Drones

Tag Archives: Drones

COMMERCIAL RISK EMERGING TRENDS FEATURED Homeowner/Renter/Auto Legislation/Regulation P&C Specialty Lines Uncategorized WRIN.tv Newswire

AAIS CEO on disruptive technology, new economy, regulation & ‘CannaBOP.’

AAIS President and CEO Ed Kelly discusses the major issues industry executives are concerned about heading into 2018, including technology, the new economy and buying behavior, as well as government regulation. While technology remains an enabler in the insurance industry, Mr. Kelly notes that the new uses of technology are the “disruptors.” “We’ve seen that with automation…the use if drones, …

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Claims Management FEATURED Homeowner/Renter/Auto INDUSTRY NEWS Recent Stories Reinsurance Markets WRIN.tv Newswire

Will 2017 be a record CAT year? – I.I.I. CEO comments.

2017 has been a very active year for catastrophes…and traditional seasons are shifting. That according to Sean Kevelighan, President and CEO of the Insurance Information Institute (I.I.I.). Mr. Kevelighan points to 367 tornadoes in the first quarter of 2017, which surpasses the average of 93 by a large margin. The I.I.I. had estimated an active hurricane season, and forecasts were …

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Auto/Marine/Aviation COMMERCIAL RISK Corporate Risk Management/ERM EMERGING TRENDS Recent Stories WRIN.tv Newswire

Drones…The emerging risks and risk management strategies.

Lorie Masters, a Partner at Perkins Coie, looks at the risks associated with operating Unmanned Aerial Vehicles (UAVs) and drones, for operations and provides advice on ways to manage them. While still at the dawn in the use of UAVs, Ms. Coie sees several risks emerging from their use, including first-party risks associated with the cost of the drone, and …

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FEATURED INDUSTRY NEWS Legislation/Regulation P&C Recent Stories REINSURANCE/ILS Uncategorized WRIN.tv Newswire

A Trump Administration… Insurance Leaders Comment on Impact to Industry.

On the Road at the Joint Industry Forum in New York, WRIN.tv asked several insurance trade association executives to consider the impact of the new Trump Administration on various sectors of the insurance industry. Here, we share the hopes, concerns and expectations of: Michael Morrissey, President & Chief Executive Officer of the International Insurance Society (IIS) David Sampson, President and …

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COMMERCIAL RISK Data/Tech/Modeling EMERGING TRENDS

Farm & Ag business being revolutionized by the use of drones and data.

Leslie Rippley, VP of Commercial and Agricultural Lines at AAIS, looks at ways drones and unmanned aircraft systems (UAS)  are changing farm and agriculture business. She believes they will revolutionize the industry; particularly in functions previously done manually, or with the use of expensive, sometimes dangerous planes. Drones are ushering in “Precision Agriculture” where farmers use them to survey large …

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Martin Neuhaus | Munich Re America
Auto/Marine/Aviation EMERGING TRENDS REINSURANCE/ILS

Top 3 Reinsurance Challenges & a “Game-Changer” in Auto – Munich Re America Chief Underwriting Officer

The top three challenges facing reinsurance underwriters today are too much supply versus demand, new technology and data, and cyber risk. That, according to Martin Neuhaus, Chief Underwriting Officer of the Reinsurance Division at Munich Re America. Mr. Neuhaus says the oversupply of capital demands discipline from underwriters, and new technology and the amount of data now available require underwriters …

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Fred karlinsky | Greenburg Traurig
EMERGING TRENDS Legislation/Regulation

Need to watch Government, “one of your biggest partners” – Greenberg Traurig’s Fred Karlinsky

The major legislative issues facing property casualty insurance companies today is that many legislators do not understand the business of insurance. According to Fred Karlinsky, Co-Chair, Insurance Regulatory & Transactions Practice at Greenberg Traurig, since the 2008 financial crisis, the industry is seeing significantly more corporate governance requirements on insurers. He believes there will be continued scrutiny of activities and …

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Ed kelly - AAIS - PCI 2016
EMERGING TRENDS INDUSTRY NEWS

P&C carriers focus on “speed to market” to capitalize on emerging risks – AAIS CEO.

AAIS President and CEO Ed Kelly discusses the biggest concerns of insurance executives during the 2016 PCI Meeting in Dallas.  While technology is the most common issue, he says it’s not the cost, but “speed to market” that is the real concern. Executives tell Mr. Kelly that they are looking to respond to market opportunities more quickly. Mr. Kelly believes …

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Data/Tech/Modeling EMERGING TRENDS

AAIS CEO sees opportunities in “disruptors” like transportation networks/drones.

AAIS President and CEO Ed Kelly speaks with WRIN.tv about technology challenges and opportunities posed by “disruptors.” While ‘retaining talent’ and ‘competition’ are among the major issues facing all insurers, Mr. Kelly sees technology as the biggest challenge. He says cyber risk is on everyone’s mind, particularly CEOs. Unfortunately, much of the focus for insurers revolves around legacy systems, and should be more about …

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FEATURED INDUSTRY NEWS Markets

Mutuals have opportunities vs. competitors, despite challenges – NAMIC CEO

WRIN.tv spoke with NAMIC President and CEO Chuck Chamness during the Annual Convention of the National Association Mutual Insurance Companies in Vancouver. Mr. Chamness sees the creep of international regulation and technology among the issues facing mutual, and all insurers today. Technologies, he says, can provide ways for Mutuals to stay in touch with the customers…to help policyholders feel part …

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INDUSTRY NEWS

WRIN.tv Headline News – Week of August 8, 2016

In this edition of WRIN.tv Headline News (click on the headline for the full story): • The 2016 Olympics are underway thanks in part to insurers writing over a billion dollars in coverage for terror, crime, safety and the Zika virus  • The augmented reality game Pokemon GO is spawning lawsuits and liability questions • A new RIMS Report provides …

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COMMERCIAL RISK EMERGING TRENDS Legislation/Regulation P&C

FAA tries to catch up to drones – appoints NAMIC to “Safety Team.”

The evolution and innovation in drone technology appears to be outpacing the regulatory process. While initial FAA regulations for commercial drone use go into effect by the end of August, the FAA has assembled an Unmanned Aircraft Safety Team to assess drone-use more closely. The FAA’s Safety Team will provide recommendations to ensure that drones do not put people or …

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Matt Power - Lexington Insurance
Accident/Disability Corporate Risk Management/ERM EMERGING TRENDS FEATURED P&C Recent Stories

Advice for risk managers dealing with a global economy, drones, the Affordable Care Act and cyber risk

Matt Power, EVP and Head of Strategic Development at Lexington, joins WRIN.tv to discuss the global economy, the ten year anniversary of Katrina, the Affordable Care Act and emerging risks from cyber-attacks, drones and more. When Mr. Power considers the economy, he focuses on how technology and globalization have created tremendous “connectivity.” He points to the impact of Greece and …

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Henry-Witmer-AM-Best
Data/Tech/Modeling EMERGING TRENDS INDUSTRY NEWS Recent Stories

Game-changing, drones come with new risks and evolving regulation

The commercial use of drones is expected to grow rapidly as companies like Amazon and UPS look to use drones to support their activities. Drones can potentially change business models for a number of industries, including insurance. Here, A.M. Best AVP Henry Witmer discusses the use of drones, related liability exposures and the underwriting challenges insurers face. According to Mr. …

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Acord Tech Talk
Claims Management Data/Tech/Modeling FEATURED INDUSTRY NEWS Recent Stories

ACORD Tech Talk: The use of Drones in the Insurance Industry

In this edition of ACORD Tech Talk, host Johnell Johnson welcomes Kathleen Swain, Innovation Advisor at USAA to discuss the recent approval by the FAA allowing USAA to use drones and the use of drones by insurance companies. According to Ms. Swain, “USAA started researching the use of drones in 2010 and in 2014, filed for two exemptions from the FAA for …

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Mary-Roth,-RIMS
Corporate Risk Management/ERM FEATURED Recent Stories Working in Risk & Insurance

Top 3 Risk Manager Challenges: cyber, global expansion and technology – RIMS Executive Director

The 2015 Annual RIMS Conference will attract over 10,000 industry professionals to New Orleans.  Here with a preview is RIMS Executive Director Mary Roth. According to Ms. Roth, the top challenges facing risk managers heading into the conference are cyber and cyber security, global expansion and technology – including risks associated with technologies within the corporation. Risk managers are becoming …

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Dr. Robert Hartwig, III
INDUSTRY NEWS Markets P&C Recent Stories

III’s Hartwig on broke NFIP, Citizen’s withdrawal, TRIA grey area, cyber and drones

Dr. Robert Hartwig, President of the insurance Information Institute (III) joins WRIN.tv for a broad discussion about the U.S. National Flood Insurance Program, Florida Citizen’s withdrawal from the hurricane insurance market, TRIA and cyberattacks and drone liability: Broke National Flood Program an entitlement mostly for coastal dwellers Florida Citizen’s withdrawal good news for insurers, and reinsurers State sponsored cyber-attacks fall …

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Dr. Robert Hartwig, III
EMERGING TRENDS P&C

Drones face regulatory scrutiny, but will be a growth area for insurers

Dr. Robert Hartwig, President of the insurance Information Institute (III), joins WRIN.tv to discuss the risks from the increasing commercial use of drones. He says a large number of companies, like Amazon, are using drones to deliver merchandise. Insurers are looking to use drones in claims adjusting. Due to U.S. regulatory hurdles, Dr. Hartwig points out that many companies like …

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