DEI: Redefining the Paradigm for the Property/Casualty Industry
The recent billionaire back-and-forth about diversity, equity and inclusion initiatives is a great opportunity to look at why we're doing DEI, how we're doing it — and ...
Leadership & Strategy
Lockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks
A simulated cyber catastrophe highlights the benefits and problems cyber insurance carriers will encounter as a result, according to a report released by Lockton Re. The report, "A Kaleidoscope of ...
InsurTech Profile: Optimalex’s AI Tools ‘Co-Pilot’ Alongside Human Expertise
For Frank Giaoui, processing insurance claims efficiently isn't just a part of his business, it's personal. "It's actually an unfortunate experience that brought me into the insurance space where I ...
Key Attributes to Help You Choose an Insurance Recruiter
When selecting a recruiting partner, there are several important qualities and factors to consider. The recruiter should be an advisor who adds value to your talent acquisition efforts and is a brand ...
Viewpoint: Risks for D&O Insurers Exploring the New Frontier of Gen AI
Is the world being overtaken by robots? While the answer to that question is clearly "no" — or at least, "not yet" — it seems that the focus of nearly every industry and business media outlet is ...
Farmers Insurance Names Coleman President of Business Insurance
Farmers Insurance announced that Eric Coleman has joined the organization as president of Business Insurance, effective April 10. In this role, Coleman is responsible for leading commercial ...
HSB, Coalition Unveil Cyber Insurance Innovations: Cyber Auto; Affirmative AI
In separate announcements late last month, Munich Re's HSB and Coalition unveiled two novel cyber insurance offerings. HSB aims to cover cyber insurance for autos, while Coalition announced an ...
Viewpoint: You’re at a Competitive Disadvantage If You’re Not Innovating
"Innovative" is not the word I'd use to describe the personal lines insurance space. Industry veterans even affectionately refer to insurance carriers as "slow first ...
Ready or Not, 80% of P/C Insurers Aim to Use AI for Biz Decisions This Year
Two-thirds of property/casualty insurers plan to start using AI in operational decisions this year, according to a survey, which also reveals that nearly all insurers already using AI have been ...