For the inland marine market, business is good…and emerging technology, new educational opportunities and growth in the construction market all point to a strong year ahead. In this AAIS Advisory Report, AAIS President and CEO Ed Kelly speaks with Kevin O’Brien, President & CEO of IMUA, as well as Rich Soja, the Global Head of Inland Marine at Allianz Global Corporate …

BriteCore CEO Phil Reynolds discusses the insurance industry’s movement towards microservices and shares insights on how companies that embrace change and ‘engage the complication’ gain an enormous competitive advantage. Mr. Reynolds sees many insurers “stuck in legacy systems.” He believes microservices can  provide a path forward and alternative to the “Big Bang Conversion.” He also sees a lot of movement …

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 …

Phil Reynolds, CEO and Co-Founder of BriteCore, outlines the disruptive nature of insurtech companies, and what traditional companies are doing to access new and emerging technology services. Mr. Reynolds describes an online experience he had with one insurtech company that asked for his home address and was able to assemble county records, a visual flyover, the home’s square footage and …