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
Agents/Brokers/Consultants Data/Tech/Modeling EMERGING TRENDS FEATURED INDUSTRY NEWS Reinsurance Markets WRIN.tv Newswire Fragmentation of business model forcing insurers to be flexible…pivot quickly. Fragmentation is a major issue within the insurance industry today, according to Phil Reynolds, CEO & Co-Founder of BriteCore. Traditionally carriers sold products through agents, and were backed by reinsurers. Now, insurtechs are challenging traditional distribution and underwriting models, while reinsurers are going directly to the market through MGAs (Managing General Agents). There is a lot of flux. As a … Read More
Data/Tech/Modeling INDUSTRY NEWS WRIN.tv Newswire Advice for winners re: InsurTech and tomorrow’s insurance value chain – ACORD CEO. In part two of a two-part Tech Trends in Insurance report, Bill Pieroni, President & CEO of ACORD, discusses the latest developments in InsurTech – “a real phenomenon.” Mr. Pieroni sees two types of InsurTech firms: companies that have a fundamental understanding of the challenges faced by the insurance industry, and those with solutions looking for a problem. The insurance … Read More
