Content from Susanne Sclafane
Race as a Control Variable
One way to minimize proxy discrimination in multivariate pricing models is to introduce a "control variable" representing a protected class to the analysis. Birny Birnbaum explained the approach ...
Betting On Founders: How VCs Spot InsurTech Unicorns of 2025
Carrier vs. MGA. U.S. vs EU. Specialty niche vs. traditional insurance lines. There are many things that distinguish one InsurTech from the next, including financial metrics like internal rates of ...
As MGA Growth Explodes, AM Best Unveils New Assessments Coming Soon
With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in recent years, AM Best had decided it's time to ...
Progressive’s ‘Apron Relief’ Continues; Snapshot 30-Day Monitoring Available
While Progressive gave back more than $1 billion of premiums last year, and lowered rates in recognition pandemic-related reductions in driving activity, the insurer is offering more potential ...
Insurance Industry Adds Nearly 20K Jobs During Pandemic
Levels of employment for the insurance industry are "holding up much stronger than the overall economy," the leader of an insurance search firm said recently, reporting that insurers have added ...
Workers Comp and COVID: More Data on Evolving Claims
Workers compensation insurers aren't getting the large aggregate volumes of COVID-related claims projected during the early months of the pandemic, but different data sources give varying readouts on ...
Disrupting Insurer Comfort Zones: Sompo GRS CEO Chang
When the leader of Sompo International's Global Risk Solutions business describes a key stop on his path to the C-suite, he mentions the possibility that race and age were a hurdle in passing. "Look, ...
Sharing Knowledge: How AF Group Exec Puts His Privilege to Work
There's a simple idea that has guided Abel Travis as he rose to his current executive leadership position at a property/casualty insurance carrier and gave a platform to more than 100 InsurTech ...