Critical Information for P/C Carrier Executives
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| | | | | | | Small Commercial: Beyond Just Prefill | | | | The ability to harness unstructured data can accelerate your underwriting by introducing new data points, information granularity, and better currency. | | | | | | | | Verisk | | |
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| Today's Headlines | June 16, 2021 |
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| During the COVID-19 pandemic, auto insurers voluntarily returned more than $18 billion in premiums to address the drastic reduction in driving. It turns out all that extra money didn't make consumers any happier, if they even knew about it at all. read more |
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| It's not news that digital transformation is changing the insurance business. Now companies are under more pressure to gain a better understanding of their content. We historically have managed insurance processes and business by data, which is important for process automation, but decisions are made by skilled case workers (from underwriters to claims managers) from... read more |
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| The insurance market is changing rapidly. Customers increasingly expect services that incorporate smart technology. It is a force moving insurance companies into new territory - the world of smart technology. "Launching a smart tech insurance product is different from any product a carrier has developed before," ...read more |
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| While global commercial insurance rate hikes are starting to moderate, cyber seems likely to be an outlier for some time to come. read more |
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| Hedge funds are proving to be steady investment vehicles for some insurers, particularly after financial market instabilities during the coronavirus pandemic, A.M. Best said in a new report. read more |
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| The COVID-19 crisis reduced overall global macro resilience – or the ability of societies to absorb shocks – by 18% in 2020 from 2019, according to a sigma report published by Swiss Re Institute. At the same time, the report indicated, the global insurance protection gap reached a record high of $1.4 trillion. read more |
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| Legal & General Investment Management, Britain's biggest asset manager, said on Tuesday it would drop four companies from a number of its funds over their "insufficient" response to the challenge of climate change, including U.S. insurer AIG. read more |
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| Lockton Re hired an executive who will focus on Global Retrocession & Property Specialty, Bermuda and Market Capital. Guy Carpenter & Company appointed a new Head of UK & Ireland Motor and Associated Casualty. *** Lockton Re hired Robert Bisset as Chairman, Global Retrocession & Property Specialty, Bermuda and Market Capital. The position is subject... read more |
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| The U.S. Supreme Court on Monday gave Microsoft Corp's LinkedIn Corp another chance to try to stop rival hiQ Labs Inc from harvesting personal data from the professional networking platform's public profiles - a practice that LinkedIn contends threatens the privacy of its users. read more |
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| For customer-focused insurers looking to expand into new markets, the ability ...
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| Striking the right balance between automation and the human touch is a top ...
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| For insurance companies providing a policy update, the cost of a double-digit ...
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| 83% of insurance CEOs say they are "concerned" about the speed of technological ...
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| Identity thieves are increasingly targeting non-financial accounts, including ...
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