Insurance news, interviews, rating announcements and more.
Connected health devices are driving healthy behaviors, and technology is the ‘”glue of the intersection” where those behaviors can be communicated back to life insurers, said Matt Berman, president, Foresters Financial US.
Aon Edge President and CEO John Dickson said the rise of unprecedented flooding events throughout the year is reinforcing the need for flood insurance, preparation, continued investment and the ability to quickly deploy resources.
Gary Session, Exdion Solutions Senior Vice President, Client Success Management said that while the brokerage community is not typically at the cutting edge of technology, tools such as AI could help stem the impacts of inflation
Scott Cornell, Travelers’ transportation lead and crime & theft specialist, discusses what cargo thieves are targeting and how the insurance industry should be working with clients to mitigate heists.
College and university experts must examine whether art collections are large enough to warrant a separate fine arts policy, and how issues of rightful ownership come into play, said Stacie Kroll, managing director, higher education practice, Arthur J. Gallagher & Co.
Mark McElroy, executive vice president and head of insurance at TransUnion, discusses a new survey on life insurance that illustrates the low rate of penetration and what agents and brokers can do to turn the tide through more digital offerings.
In a single flight, stratospheric imaging robots can capture what nearly 800,000 drones can capture, thereby shrinking the timeline of mapping a large portfolio from years to one flight, said Rema Matevosyan, CEO, cofounder, Near Space Labs.
Despite the Russia/Ukraine crisis, trade credit insurers are expected to report strong results for 2022, said Mathilde Jakobsen, director, analytics, AM Best, referencing a new Best's Market Segment Report.
Craig Weber, insurance practice leader at Cognizant, explains Metaverse and why companies should invest in its applications to help improve customer and employee experience, sustainability and operational efficiency,
Tim Nunziata VP head of Cyber Risk, Nationwide Management Liability and specialty said that when it comes to a cyber breach, there are a number of tools an insured can use to fight back.
Matt Reilly, managing director, head of Insurance Solutions, and Scott Hawkins, managing director, head of insurance research, both from Conning, discuss the findings of a recently released survey illustrating the current environment.
Inflation is putting pressure on the insurance industry to maintain stability, while also holding a line on premiums, said Randy Hodge, executive vice president, staff insurance operations, FM Global.
"You're just going to see a lot of similarities with increased inflation and increased costs for every aspect of a claim," said Cullen Sophy, US CEO, Charles Taylor Adjusting.
Heather Majewski, head of life health solutions at Swiss Re, explains why life insurers should engage with policyholders participating in health & wellness programs and the benefits for both.
Risk and opportunity are plenty in the California private flood insurance segment, said Christopher Graham, senior industry analyst, AM Best, referencing a new Best's Commentary.
Josephine Wolff, associate professor, cybersecurity policy, Fletcher School of Law and Diplomacy, Tufts University, discusses how insurers and others can make cyberinsurance a more effective cyberrisk management tool.
Rich Sega, global chief investment strategist at Conning, discusses the impact of the midterm election on the insurance industry and the year ahead.
Collateralized loan obligations are somewhat protected in a rising interest rate environment, said AM Best Associate Director Jason Hopper and Industry Analyst Helen Andersen, referencing new research from AM Best.
Hemant Shah, CEO, of AI-driven risk platform Archipelago, said he expects an increased focus on risk management, resiliency, retention, and strategy to increase the ability to access and use capacity and scale in 2023.
Phil Klotzbach, research scientist, Colorado State University, said storm modeling continues to improve, boosted by ever-more-powerful technology. Klotzbach spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Fred Karlinsky, shareholder, Greenberg Traurig, said insurance fraud is evident statewide, particularly in the southern portion. Karlinsky spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Frank Paul Tomasello, executive director, The Institutes Griffith Insurance Education Foundation, said turnover in public leadership positions means fresh audiences for fundamental insurance concepts. Tomasello spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Dale Porfilio, chief insurance officer, Insurance Information Institute, said investment-driven litigation funding is lengthening lawsuits and clogging court systems. Porfilio spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Bill Ross, chief executive officer, Insurance Industry Charitable Foundation, said the collective this year launched a Sustainability Committee to help leaders in related jobs learn from one another. Ross spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Seth Rachlin, executive vice president, Capgemini, said the number and severity of disasters in recent years have put the focus on insurers' speed and effectiveness in settling claims. Rachlin spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.
Omar Kaywan, head of growth and co-founder of Goose Insurance, said his company is removing barriers to insurance so that more people can merely “swipe right” on their phones and access more coverage.
Along with evolving risks such as changing weather patterns and labor shortages, the agribusiness sector is now faced with fewer markets, less capacity and rising rates, said Louis Bridges, senior risk consultant, Insurance Office of America's agribusiness division.
Marco Mirabella, founder and CEO of Ensuro, a decentralized licensed insurer on a public blockchain, explains the need for decentralized finance insurance in what could be a burgeoning market.
Bail bond premiums were up 11.1% from five years ago, despite recent reforms in many states, said AM Best Associate Director David Blades and Associate Analyst Michael Vallario referencing new research from AM Best.
New research from AM Best reveals that the U.S. commercial auto segment still faces challenges even after posting the best results in over a decade, said AM Best Senior Industry Analyst Christopher Graham.
