Underwriting
AIG Completes CEO Succession Plan; Anderson to Take Reins
American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc's executive committee, ...
How Insurers Are Using AI to Manage Rising Catastrophic and Accumulation Risk
The insurance and reinsurance industry is facing a sustained increase in catastrophic and location‑based risks from extreme weather and natural catastrophes to political violence, terrorism and ...
How Leaders Can Maintain Humanity in the Modern Insurance Era
As artificial intelligence and automation become faster and more precise, insurance industry leaders are finding that the differentiator isn't just better technology but how the people behind the ...
Executive Viewpoint: Why Insurers Are Struggling to Keep Pace With Risk
Insurers have built an industry around models that are inherently stable. You assess risk over time, price it in cycles and adjust it with a degree of predictability. That model is under strain, not ...
Liberty Mutual Announces Leadership Restructuring for CRS and LMI
Liberty Mutual announced a new leadership structure across the company's Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses late last week, appointing Vlad Barbalat president ...
Viewpoint: Driving Sustainable Underwriting Performance With Data and Discipline
International insurance markets are entering a new phase of the cycle. Rates have become increasingly competitive across the majority of business classes for some time, with recent market reports ...
Using Aerial Imagery in Insurance and Related AI: Emerging Regulatory Themes
As more insurers integrate aerial imagery into underwriting, rating and claims workflows, state insurance departments are responding with a growing body of guidance. While each insurance department ...
Getting to the How and Why: AI Shows Its Work
For years, the most pressing questions surrounding artificial intelligence solutions for insurance underwriting concerned accuracy. In a sector where margins are thin and exacting calculations ...