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| | | | | | | Is "good enough" data really enough? | | | | Relying on incomplete data can lead to underinsurance and lost business. ProMetrix delivers a 100% fill rate for 5 core attributes to help improve your underwriting. | | | | | | | | Verisk | | |
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| Today's Headlines | March 17, 2022 |
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Despite the years of heightened focus on race and gender, the insurance industry is lagging to rid itself of its legacy as a white-male network. As household insurance firms incorporate diversity and inclusion into their core values and create new roles of chief diversity officers to tokenize their Black talent, their labor statistics tell a... read more | | |
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| | | Advertisement | | |  | | | | Free Webinar featuring Michael DeGusta // April 6 | | | See how a flexible approach to insurance technology can help you grow your business in a time
where minor specialty lines (e.g., cyber, cannabis, flood) are re-emerging as major coverages. | | | | | | | | ClarionDoor |
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Since Russia launched a full-scale military invasion of Ukraine on Feb. 24, questions have resurfaced about the likelihood of a global cyber war. While experts say there isn't a credible threat at this time, the overall cyber threat landscape is leading to caution. "I personally believe that the threat of cyber attacks against U.S. infrastructure... read more | | |
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Traditionally, individual life and annuity insurers and voluntary benefit / group insurers were not much alike. Their products were different. Their processes and systems were not alike. Their distribution was different. Their experiences were different. Even those carriers that played in both segments typically conducted their ... read more | | |
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A Colorado law that allows claimants to collect double coverage if a claim is unreasonably denied or delayed does not allow plaintiffs to hold claims adjusters personally liable, the state Supreme Court decided Monday. In a unanimous decision, the high court said the plain statutory language makes it clear that insurers—not their employees—are responsible for... read more | | |
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Munich Re is joining other insurers, reinsurers and brokers that have withdrawn from business with Russia. Condemning Russia's attack on Ukraine and supporting the sanctions, Munich Re said it will not renew existing contracts in Russia and Belarus, and new business has been suspended. The group will do the same with its investments in the... read more | | |
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The Casualty Actuarial Society (CAS) has started to release multiple reports on racial bias in insurance pricing. "The CAS is proud to move forward with not just a commitment to diversity, equity and inclusion in all aspects of actuarial work, but with research that tackles the issue on a quantitative level," said Victor Carter-Bey, CEO... read more | | |
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Lloyd's of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial insurance market said on Wednesday. Lloyd's said in its "notice of censure" that Atrium failed to take adequate steps to deal with an employee's "systematic campaign... read more | | |
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Duck Creek Technologies announced that global technology and digital solutions company LTI has been recognized as the inaugural "Duck Creek Hatch-a-thon" winner at Formation '22. This year is the first year Duck Creek has opened its Hatch-a-thon to external guests. Duck Creek and EY, the premier sponsor of the Hatch-a-thon, welcomed members throughout the global... read more | | |
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| | Michael DeGusta (who started his career at Apple.com and later co-founded the ... read more | |
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| | Today, there are four major forces that are putting pressure on the property ... read more | |
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| | Recent studies indicate that consumers are willing to switch insurance ... read more | |
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| | A 2020 U.S. P&C insurance performance analysis performed by EY showed that ... read more | |
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| | This must-read white paper illuminates the role technology plays in solving two ... read more | |
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