Navigating the Challenges of Wildfire Risk Modeling
As wildfires raged across Northeastern Canada in June, spreading toxic smoke across a large swath of Eastern and Central U.S., risk and insurance executives were reminded ...
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Technology Is Moving Fast; Can Insurers Keep Up?
As evidenced by the recent popularity of generative AI tools, the tech landscape in insurance seems to be moving at an increasingly fast pace.
Why Did It Take a Pandemic to Drive Electronic Placement in the London Market?
Electronic placing in the London market was a long time coming, with many obstacles to overcome. It took the pandemic to prove electronic placement is a benefit and not a ...
2nd Act: From Rear Admiral, U.S. Navy to Director of Insurance Operations
What does a rear admiral do after 31 years in the Navy?
Instead of retiring, Rear Admiral John Spencer decided to pursue a second career ...
2nd Act: From Commercial Airline Pilot to AXA XL’s Head of Aerospace Claims
Like most of us in the insurance business, Tom Vargo, AXA XL's claims manager-Aerospace, did not grow up wanting to be an insurance executive. He was fascinated with ...
How to Characterize Emerging Risks for Liability Modeling
This is the second part of a two-part article. In the first part, we defined a framework that can be used to classify both systemic and emerging risks.
The workers compensation system is healthy and strong. On behalf of the National Council on Compensation Insurance, it feels great to be ... While insurers' use of models to analyze and quantify risk is well established in the property space, it's becoming increasingly important in the casualty space. The use ... Inadequate valuation of physical assets in property policies results in a shortfall in premium collected, which in turn hinders the ability to rebuild fully after a ... Insurers play an important role in helping protect families, businesses and communities as our economy transitions to a greener energy future. However, those protections ...
Workers Compensation: Past, Present and Future
How to Model Systemic and Emerging Risks for Liability Risk Management
Viewpoint: Closing the Gap on Insurance to Value in Property Policies
Viewpoint: Why Activists Should Rethink Hard Insurance Exits From Fossil Fuel Underwriting