Making Commercial Underwriting Transformation Happen: Meet the Technology Players
Carriers and MGUs like QBE NA, Nationwide and Coterie Insurance aren't going it alone as they carry out their missions to transform commercial insurance ...
Underwriting
Looking Into the Future: Writing, Underwriting and Generative AI
In an age where anyone with a computer can be a graphic designer, it's no surprise that magazines are starting to experiment with using artificial intelligence to create ...
Where Carriers Are Spending: The Investments Driving Underwriting Change
Although nearly two-thirds of underwriting professionals surveyed in 2021 said that AI and automation tools aren't easing their workloads—and 28 percent said their ...
How to Tackle Inflation-Driven Pricing, Reserve Risk: A Coverage Fix
Annualized inflation in the U.S. topped 5 percent just once since 1981—until now. In the UK, it exceeded 3 percent only rarely since 1992, and only ever by a fraction. In France, the change in the ...
Navigating Flood Insurance Challenges in a Rapidly Changing Environment
Flood insurance may be a canary in the coal mine when it comes to the lasting impacts of climate change.
Aon Edge CEO John Dickson ...
Learning to Time Travel: Why Insurers Should Embrace Both the Future and the Past
The first insurance company in the U.S., The Friendly Society, was established in Charleston, S.C., in 1735, according to the Insurance Information Institute's insurance ...
The Future of P/C Underwriting: Shifting From Innovation to Operational Efficiency
With rising inflation and the prospects of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters to adapt to new ...
Viewpoint: How Progressive’s Relationship With ‘The Robinsons’ Could Be at Risk
Progressive offered a rare look inside its strategic playbook in a recent second-quarter earnings report. Describing the firm's market share in key customer segments, the ...
Viewpoint: Hurricane Ian, Anti-Concurrent Loss Language and Ambiguities
On Sept. 28, 2022, the nearly Category 5 Hurricane Ian made landfall in southwest Florida with maximum sustained winds clocked at approximately 150 MPH. Reports out of Lee County, Fla., have been ...