Shared Services 2.0: Creating a Culture to Support Growth and Innovation

As companies grow, many adopt a shared services operating model. As the name implies, this approach consolidates products and common functions at headquarters — often ...

Inflation a Blessing for Root: Q1 Profit Is Proof Point of Data Science Strategy

There was a moment in first-quarter 2021 when InsurTech Root met a long-desired loss ratio target, sending a promising signal that the cash-burning startup was squarely ...

Beyond Carvana: Root Bullish on Embedded Insurance Distribution

Although three strategic pillars guide investments in technology and data science at InsurTech Root, the second pillar—one focused on "meeting customers where they ...

Deflating Social Inflation

Prior-year loss reserve charges. Social inflation. Nuclear verdicts.

Those topics, featured in various articles in Carrier Management's ...

ERM and Strategic Scenario Analysis: A New Way to Think About Innovation

All iconic brands—past, present and future—share one thing in common: innovation.

When done right, innovation is one of the ...

Defendants, Insurers Risk Falling Behind on AI for Litigation

As generative artificial intelligence drives the innovation of legal tools, insurance defense experts are wary that failing to keep up with the plaintiffs' bar's ...

Surplus Lines Insurers Providing a Much-Needed Safety Valve for P/C Industry

Given the difficult environment for primary property/casualty carriers, the efficient use of excess and surplus (E&S) lines capacity is providing a safety valve for ...

Questionable Loss Reserves: Are Legacy Reinsurance Deals the Answer?

Twenty years ago, an insurance carrier's use of reinsurance products like loss portfolio transfers and adverse development covers waved a red flag, signaling potential ...

Commercial Auto Insurance Profit Struggles Continue

The commercial auto insurance segment maintained its place as a weaker-performing U.S. property/casualty insurance product line in 2023. Despite successive periods of ...

P/C Loss Reserve Study: Keep Calm and Carry On

According to an analysis of loss reserves published in mid-March by Assured Research, 2023 marked the 18th straight year that the U.S. P/C industry's loss reserves ...