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Today's Headlines June 2, 2022

AI, BI or Insurance Intelligence: Which Matters Most?

When thinking about advancements in technology and data-driven insights, insurers are often confused about AI and BI—what they are, and how to even know if they are valuable to their business. We have found that to be true in our interactions with carriers across the country, no matter what their size. When we are faced... read more
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An Interview With Karen Clark 30 Years After Hurricane Andrew Affirmed Her Models

June 1 marks the beginning of the Atlantic hurricane season — one that is expected to be above average in terms of named storms and hurricanes. Carrier Management's sister publication, Insurance Journal, used the occasion to speak with Karen Clark, founder of catastrophe modeling firm Karen Clark & Company (KCC). Aug. 24, 2022 is the... read more
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 Brand Spotlight 
Absence Management in the Benefits Market

Note: This is the sixth in a series of articles on insurance transformation by Majesco and PwC. Today's article is a continuation from the 3/30/2022 featured Absence Management podcast between Denise Garth, Chief Strategy Officer at Majesco, and Rima Safari and Mark Rosenthal ...read more
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North Atlantic Hurricane Season Begins With Ripe Conditions for Above-Average Activity

As the North Atlantic hurricane season officially begins, forecasters continue to predict above-average storm activity. The forecast for 2022 North Atlantic hurricane activity is 18 named storms, eight hurricanes and four major (Category 3 and above) hurricanes, according to storm tracking service Tropical Storm Risk (TSR). "The last six hurricane seasons have been characterized by... read more
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Small Nuclear Power Projects May Have Big Waste Problems

A planned new generation of small nuclear reactors will create more waste than conventional reactors, while treatments to make some types of waste safe could be exploited by militants trying to obtain fissile materials, a study published on Tuesday said. The projects, called small modular reactors (SMR), are designed to be simpler and safer than... read more
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Weather's Unwanted Guest: Nasty La Nina Keeps Showing Up

Something weird is up with La Nina, the natural but potent weather event linked to more drought and wildfires in the western United States and more Atlantic hurricanes. It's becoming the nation's unwanted weather guest, and meteorologists say the West's megadrought won't go away until La Nina does. The current double-dip La Nina set a... read more
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U.S. Product Recalls Reach 10-Year High in Q1

Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food and drink, pharmaceutical, and medical device industries, according to Sedgwick's latest quarterly Recall Index. Segdwick's brand-protection experts said it is certain the total number of recalled units for 2022 will eclipse the total seen in... read more
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Executives on the Move at Chubb, The Hartford

Chubb Ltd. announced that Cheryl Krauss has been appointed senior vice president, Chubb Group and chief communications officer, effective June 6. She will be responsible for Chubb's corporate communications and marketing functions globally. In addition, the investor relations function will report jointly to Krauss and Peter Enns, executive vice president, Chubb Group and chief financial... read more
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Research and Webinars

Learn How IAG Was Able to Shave Off 30 Minutes per Claim

A.I. Detects Fraudulent $13,000 Pizza Oven, Saves 30 Minutes per Claim. IAG ...
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You No Longer Need a Computer Science Degree to Leverage the Power of AI for Business Decisions

Trampoline detected. Patio extended. New vehicle identified. This whitepaper ...
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How to Strengthen & Streamline Digital Identity Verification

According to the FBI, the insurance industry loses $40 billion per year to ...
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What Your Need to Know About "Hyperautomation"

As the world has turned digital, technological business solutions continue ...
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Combining Strategic Automation with Strategic Planning

Automation is essential to the insurance industry's digital transformation ...
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Media

EP. 38: What to Know About Hacktivism and Its Role in Global Conflict

InsurTech Newsletter


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