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 … Read More
Data/Tech/Modeling EMERGING TRENDS INDUSTRY NEWS WRIN.tv Newswire What is Microsoft doing in the insurance industry? Think data, analytics, security & the cloud. In this edition of Tech Trends in Insurance, WRIN.tv speaks with Jonathan Silverman, Director of Insurance Industry Solutions at Microsoft. He says Microsoft is looking for ways to enable technologies in the insurance industry, such as risk and analytics, dev and test, productivity, and cloud migration. Mr. Silverman says insurance customers are starting to look at data differently, including structured … Read More
Data/Tech/Modeling EMERGING TRENDS INDUSTRY NEWS Ignore data and analytics…be left behind – Pinnacle Principal. Some companies don’t have the staff or the money to spend on consultants to leverage the data they have. Roosevelt Mosley, a Principal and Consulting Actuary at Pinnacle Actuarial Resources, says companies need to be doing something with their data or they will be left behind. Mr. Mosley points out two challenges: having enough of the right data to do … Read More
Data/Tech/Modeling Markets Reinsurance Markets REINSURANCE/ILS Swiss Re exec on Mutual market share, disruptive technologies, nat cat market and growth Keith Wolfe, President US P&C at Swiss Re, provides an overview of a recent Sigma Report on the Mutual sector, the impact of disruptive technologies, the nat cat market and growth. Commenting on Swiss Re’s Sigma Report, Mr. Wolfe that says the Mutual Insurance sector is stronger than ever, with an increase in market share since the 2008 financial crisis. Mr. Wolfe sees technology and … Read More
Claims Management COMMERCIAL RISK Data/Tech/Modeling FEATURED Recent Stories Predicative analytics with “text mining” provides line of sight to loss trends With advances in data collection and new technologies, predictive analytics have become more and more prevalent among the risk management community. At the 2014 RIMS Conference, Steven Laudermilch, SVP of Claims ACE Claims Group, provided an overview of recent developments in predictive analytics, and offered some advice for risk managers. Mr. Laudermilch says one of the biggest misconceptions about predictive modeling … Read More