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It’s Personal: How Carriers Can Use Behavioral Analytics to Manage Cyber Risk
The cyber insurance market is in the midst of a reckoning after years of low premiums and inadequate loss control have led to increasing claims frequency and severity. Now, demand for coverage is ...
Telematics Has Kept the Promise: Allstate’s Journey Continues
Telematics has been on personal insurers' radar for many years, and it has recently reached a tipping point. Nowadays, it is recognized as a necessary capability for the future success of any auto ...
So, You Think You Can Multitask
With all the electronics, smartphones, email and digital stuff that comes at us from every angle in this age of information overload, we not only have the opportunity to try to multitask, but many ...
Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero
Ditching investments in fossil fuel businesses—and denying them insurance—aren't the only ways for the insurance industry to participate in the drive to net zero greenhouse gas emissions, ...
Midyear Update 2022: Transitions
The theme of transitions is a fitting one, which ties together many of the articles in Carrier Management's midyear digital magazine. We're publishing soon after the start of summer, and the weather ...
Carriers Will Be Slow to Raise Limits in ‘Nuanced’ Pricing Market: CEOs
Commercial insurance pricing may decline in coming months, but disciplined management of capacity will continue for a while, executives speaking at a recent industry conference said, pointing to ...
4 Tips for Carriers to Leverage Open-Source Data for Improved Claims Management
It's no secret that fraudulent claims are an ongoing issue within the insurance industry. The FBI estimates the total cost of insurance fraud (non-health insurance) to be $40 billion per year. For ...
Understanding the Role of Data Scientists in Risk Modeling
Risk models are an increasingly critical component to the modern insurance carrier. They are relied upon for all phases of insurance, from marketing and sales to pricing, claims, and operations. ...