| Today's Headlines | August 9, 2022 |
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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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The independent agency channel places 62 percent of all property/casualty insurance written in the U.S., according to the Big "I" 2022 Market Share Report. The annual Market Share Report compiles and analyzes property and casualty premium data from AM Best and provides insights for agencies and carriers on current market shares by distribution types. Based... read more | | |
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Policyholders of FM Global, which include one of every three Fortune 500 companies and similar size organizations worldwide, will collectively receive about $300 million in a first-of-its-kind "resilience credit," providing them with additional means to invest in climate resilience solutions. The credit has the potential to help those organizations reduce total loss expectancies related to... read more | | |
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Young homeowners are more concerned about the damage climate change-related extreme weather could do to their homes, according to a new survey from Policygenius. The survey found that 72 percent of young insured homeowners (age 18 to 34) believe it is very or somewhat likely that their homes will be damaged by extreme weather in... read more | | |
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Ryan Specialty announced that Michael Blackshear, chief compliance & privacy officer, will assume additional responsibilities as the head of Diversity, Equity and Inclusion (DEI). Blackshear has over 30 years of financial service and executive experience in the areas of compliance and risk management. Prior to joining Ryan Specialty, he was the North America chief compliance... read more | | |
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In this series of videos and print and online articles last year, Carrier Management took a deep dive into geospatial technology and its applications in property/casualty insurance. The package of content, developed by Guest Editor Michael Fitzgerald, was recognized by the American Society of Business Publication Editors with a National Azbee Award of Excellence for... read more | | |
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| | For many carriers, providing an exceptional digital experience for agents is a ... read more | |
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| | With all the technology available today, "going digital" might sound easy. But ... read more | |
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| | AI underwriting is here: Are you ready? What do you think of when you think of ... read more | |
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| | Leading insurers are already implementing digital engagement solutions for ... read more | |
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| | The Property and Casualty (P&C) insurance industry is being dramatically ... read more | |
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