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”

    . .

    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: predictive analytics

Tag Archives: predictive analytics

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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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 …

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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 …

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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 …

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Steven-Laudermilch-ACE-RIMS
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 …

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