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.
Content from Elizabeth Blosfield
Elizabeth is Deputy Editor at Carrier Management. She hosts The Insuring Cyber Podcast and Between the Lines, a quarterly video series exploring topics in Carrier Management's latest magazine edition. Elizabeth can be reached at eblosfield@wellsmedia.com.
Branch CEO Lekas Announces Layoffs, Citing Inflation, Loss Costs
Branch Insurance has conducted a round of layoffs, according to a June 8 LinkedIn post by Co-Founder and CEO Steve Lekas. Lekas did not announce the number of employees who were let go, but cited ...
InsurTechs Need to Prioritize Data, Resilience to Tackle Climate Challenges
Swiss Re estimated in its latest sigma report that in 2021, natural catastrophes resulted in total global economic losses of $270 billion. The level of insurance coverage for these climate related ...
InsurTechs: Disrupters, Partners or Both?
Whether InsurTechs should disrupt legacy systems in insurance with new technology or simply partner with insurers to introduce new efficiencies to existing technology is ...
How Much Should Insurers Trust AI Chatbots?
Whether it's underwriting, claims or customer service, it seems that artificial intelligence is top of mind for the insurance industry right now. William Bennett, partner at law firm Saxe, ...
How InsurTechs Will Need to Adapt in a Challenging Funding Environment
Economic uncertainty is leading to a challenging funding market for InsurTechs, and John Swigart, co-founder and CEO of Pie Insurance, said he doesn't see that changing ...
Consistent Policy Wording Bringing Some Relief to Evolving Cyber Market
Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers at the annual RIMS Riskworld ...
AI, Ransomware, Tech Burnout Biggest Takeaways From RIMS’ Riskworld
The 2023 RIMS' Riskworld conference took place last week in Atlanta, and on the latest episode of The Insuring Cyber Podcast, two guests shared the biggest takeaways from ...
RIMS Conference Cut Short by Fatal Shooting in Midtown Atlanta
A fatal shooting incident Wednesday that locked down portions of Atlanta as a suspect was on the loose resulted in the early closing of RIMS' Riskworld annual ...