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October 17, 2021

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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

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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.
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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.

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