Education/Certification EMERGING TRENDS FEATURED Homeowner/Renter/Auto INDUSTRY NEWS P&C Recent Stories Workers Comp WRIN.tv Newswire GDP, Cyber, Flood, Technology, Talent and more on III radar heading to 2019 The uptick in GDP has had a positive impact on the insurance industry, according to Laura Favinger, Chief Administrative Officer for the Insurance Information Institute (III). In the first half of 2018, insurance carriers nearly doubled their net income over the same period in 2017. The III sees exposures broadening a bit due to business development, consumer consumption and construction, … Read More
Data/Tech/Modeling EMERGING TRENDS FEATURED INDUSTRY NEWS Recent Stories To succeed, insurers need to be ‘comfortable with uncomfortable’ – IBM exec Craig Bedell, Global Insurance Industry Executive at IBM, sees many challenges facing the insurance industry, including the buying habits of personal lines or commercial lines customers. New data and technologies are mitigating, but sometimes increasing risks faced by consumers. Security and privacy surrounding risk information is also important for insurers. Even more basic, according to Mr. Bedell, is the changing … Read More
CAREERS/PROFESSIONAL DEVELOPMENT Companies Data/Tech/Modeling EMERGING TRENDS FEATURED INDUSTRY NEWS Recent Stories WRIN.tv Newswire Grow by Solving Society’s Problems…A.M. Best exec. Attracting talent remains biggest challenge for insurers. According to Matt Masher, EVP and COO at A.M. Best, the need for talent is greatest in the information technology (IT) area. The industry has done a lot to attract underwriting and claims professionals. But attracting the industry struggles in attracting IT talent needed to deal with insurtech issues, efficiencies in distribution and … Read More
Captives/Risk Retention Claims Management Companies Data/Tech/Modeling INDUSTRY NEWS People Working in Risk & Insurance WRIN.tv Newswire “Talent and Data” present biggest challenges & opportunities to insurers – Crawford COO Rohit Verma, Global COO of Crawford & Company, believes data will continue to be a big asset to insurers, and the companies that can mine data effectively will see the biggest benefit. While advanced technology is necessary to leverage data, companies need to develop the mindset to incorporate insights in day-to-day work. Mr. Verma also sees “lack of talent” as … Read More
Auto/Marine/Aviation CONSUMER RISK Data/Tech/Modeling EMERGING TRENDS FEATURED Homeowner/Renter/Auto Recent Stories Working in Risk & Insurance WRIN.tv Newswire Distracted Driving / Higher Repair Costs pushing auto premiums higher – III CEO. “We have disruption all over… (and) the insurance industry deals with it.” That, according to Sean Kevelighan, President and CEO of the Insurance Information Institute (III), who spoke at the recent AAIS Main event in Florida. He notes that the insurance industry is accustomed to dealing with natural and man-made catastrophes, even technology, which a major disruptor right now. Mr. … Read More
CAREERS/PROFESSIONAL DEVELOPMENT FEATURED People Recent Stories Working in Risk & Insurance WRIN.tv Newswire The need to shed “boring” label to bridge “talent gap.” The insurance industry struggles to attract and retain next generation professionals. Here, WRIN.tv speaks with Monica Ningen, Head Property Underwriting in the U.S. & Canada at Swiss Re about the Talent Gap in the insurance industry. She was named to Business Insurance’s list of Woman to Watch in 2015, and shared her thoughts on the misconceptions about a career in … Read More
Data/Tech/Modeling Working in Risk & Insurance How will new breed of tech pros affect insurance integration? According to Chris Haines, Executive Vice President and Chief Operating Officer at Marias Technology, some insurance companies remain slow to adopt new technologies, while others may be too aggressive. He also wonders how recruiting new talent in technology will affect insurance. Mr. Haines points to an influx of new talent into insurance technology. This new talent is more familiar with accelerated … Read More
FEATURED Recent Stories UN Climate Insurance, Zurich, EY and R Street Regulatory Ratings In this edition of WRIN.tv Headline News: President Obama / UN show support for sustainable insurance At the U.N. climate conference in Paris, President Obama said the U.S. would support parametric-risk insurance programs in the Pacific, the Caribbean, and Africa. The U.N. Secretary General Ban Ki-Moon also launched a new climate resilience and insurance initiative that will provide weather-related coverage … Read More
Companies FEATURED INDUSTRY NEWS People Recent Stories Lexington CEO sees next gen talent/energy of youth as keys to diversity of thought and innovation At the 2015 National Association of Professional Surplus Lines Offices (NAPSLO) Convention in San Diego, WRIN.tv asked Jeremy Johnson, President & CEO of Lexington Insurance, to comment on the insurance industry’s need to draw top next generation talent. He believes it is “critical”, not only to create a pipeline of professionals to bring up through an organization, but also to … Read More
Accident/Disability INDUSTRY NEWS Life Insurance Markets P&C Recent Stories EY Insurance Leader looks at aging populations, regulation, cyber and other issues facing the sector Shaun Crawford, Global Insurance Sector Leader at Ernst & Young, spoke with WRIN.tv at the 2015 Global Insurance Forum, about major issues facing the insurance industry, including an aging population, regulatory changes, data and cyber risk…and more. Highlights of his discussion include: The challenges of an aging population and the burden it places on the healthcare system Regulatory standards could … Read More
Companies P&C Insurance industry needs talent that can interpret Big Data to price/underwrite risk Shaun Crawford, Global Insurance Sector Leader at Ernst & Young, speaks with WRIN.tv during the 2015 Global Insurance Forum, about the need for the insurance industry to recruit talent. According to Mr. Crawford, acquiring and retaining “talent” is a significant issue for the insurance industry. With much of the core tasks in the industry now handled by machines, insurers are … Read More
CAREERS/PROFESSIONAL DEVELOPMENT Education/Certification FEATURED People Recent Stories University engagement, internships, competitive pay…attracting young talent to insurance Jody Queen-Hubert from the St. John’s School of Risk Management speaks with WRIN.tv about a group of students she led to the 2015 RIMS Conference in New Orleans thanks to RIMS Student Involvement Program, and a grant by the ACE Foundation. She also discusses how best to attract millennials to the insurance industry. According to Ms. Queen-Hubert, students are … Read More