Underwriting
How Federato Solves Underwriters’ Problems—and Lowers Reinsurance Costs
Lower reinsurance costs aren't the most talked-about benefit of introducing AI and automation tools to the desks of property/casualty insurance underwriters, but with chatter about harder reinsurance ...
Making Commercial Underwriting Transformation Happen: Meet the Technology Players
Carriers and MGUs like QBE NA, Nationwide and Coterie Insurance aren't going it alone as they carry out their missions to transform commercial insurance underwriting. Coterie Insurance and Nationwide ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Looking Into the Future: Writing, Underwriting and Generative AI
In an age where anyone with a computer can be a graphic designer, it's no surprise that magazines are starting to experiment with using artificial intelligence to create their visuals. And while some ...
Where Carriers Are Spending: The Investments Driving Underwriting Change
Although nearly two-thirds of underwriting professionals surveyed in 2021 said that AI and automation tools aren't easing their workloads—and 28 percent said their workloads have ...
How to Tackle Inflation-Driven Pricing, Reserve Risk: A Coverage Fix
Annualized inflation in the U.S. topped 5 percent just once since 1981—until now. In the UK, it exceeded 3 percent only rarely since 1992, and only ever by a fraction. In France, the change in the ...
Navigating Flood Insurance Challenges in a Rapidly Changing Environment
Flood insurance may be a canary in the coal mine when it comes to the lasting impacts of climate change. Aon Edge CEO John Dickson recently talked with Elizabeth Blosfield, deputy editor for Carrier ...
Learning to Time Travel: Why Insurers Should Embrace Both the Future and the Past
The first insurance company in the U.S., The Friendly Society, was established in Charleston, S.C., in 1735, according to the Insurance Information Institute's insurance handbook, meaning the ...
The Future of P/C Underwriting: Shifting From Innovation to Operational Efficiency
With rising inflation and the prospects of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters to adapt to new technologies and sources of ...