Surveys
2017 Predictions Part II: InsurTech, Australia D&O and India Cyber Insurance
InsurTech was an insurance buzzword in 2016, and that's likely to continue next year when it will permeate almost every aspect of U.S. industry, according to a prediction from international law firm ...
Advancing a Digital Agenda: Policy Administration Transformation Is Step 1 for Carriers
Most carriers are looking at investment in a policy administration transformation as the first step in advancing their digital agenda. As shown in earlier parts of this article, fewer survey ...
Getting It Done: Keys to Policy Administration Systems Transformation Success
The policy administration transformation effort includes many phases that present the carrier with unique challenges. Survey respondents were asked which phase was the most challenging. Planning ...
Insured Disaster-Related Losses Hit $49B in 2016, Well Above 2015 Levels
Insured losses from disaster events around the world cost $49 billion in 2016, a 33 percent jump over 2015. Much of the cost stemmed from Hurricane Matthew, earthquakes, hail and thunderstorms, ...
Communications, Media, Tech Firms’ Risk Awareness Higher Than Actual Preparedness: Marsh
A large number of communications, media and technology companies see their risks becoming more complex or larger in the years ahead. While that awareness is high, however, protection and preparedness ...
Reinsurance Sector Can’t Shake A.M. Best Negative Outlook, Despite Market Bottoming
The outlook for the reinsurance sector is being held at negative by A.M. Best, which cited continuing market challenges that will hinder the potential for positive rating actions and may eventually ...
Policy Administration Transformation: Business Case Moves Carriers to Action
As the marketplace moves toward digital technology, the need for faster and less expensive solutions is elevating the role of core systems into front-office interactions. This is driving carriers ...
Price Declines Are Accelerating for D&O Coverage: Willis Towers Watson
Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall. The latest ...