Underwriting
Trusting a Broker Facility
Rating agencies are sounding alarms over so-called broker facilities, whereby a global insurance broker bundles into a single risk portfolio a diverse mix of high-dollar corporate exposures like ...
Your Rating Rules Survived the Migration. Did Your Prices?
Two systems can hold exactly the same pricing rules and still charge different premiums. That sounds like it should not be possible. It happens because pricing is not only a set of rules; it is a set ...
State of Core Solutions Transition: Which Tech Priorities Are Being Carried Out?
Presented by Majesco
You have two watches. Your first watch is analog. It has dials, gears, crystals and movements. It is a machine...
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments
A roofing contractor in Florida buys a general liability policy. Between him and the capital that stands behind the policy sits a supply chain: a retail agent, a wholesale broker, an underwriter, a ...
When Builder’s Risk Coverage Doesn’t Reach the Finish Line
If there's one certainty in construction, it's that projects rarely finish exactly as planned. Contractors, developers and brokers understand that schedules change. Something that receives far less ...
Future Cyber Catastrophe Events May Be Different, Yet Not Unknown
Cyber catastrophe excess-of-loss protection, commonly referred to as Cyber Event XoL, has become an increasingly important tool for managing systemic cyber accumulation risk. As cyber portfolios grow ...
First Half U.S. P/C Industry Underwriting Gain Jumps to $31.7B
The U.S. property/casualty insurance industry posted a much higher net underwriting gain of $31.7 billion for the first half of 2026, up from $11.6 billion the prior year. According to a report from ...
Examining Trust: It’s Not All About the Lawyers
According to a recent Wall Street Journal analysis, personal auto insurance policyholders have a "near-flip-of-a-coin" chance of being paid on liability claims and medical claims. Ouch. Just about a ...
Underwriting’s Next Job: Governance Steward
A decade ago, when an underwriter entered an incorrect number or misread a file, the damage was contained to one policy. One person, one mistake, one fix. Today, a single flaw in a model's logic or a ...