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How to Attract Millennials and Overcome the Looming Talent Shortage
What do millennials want? This question is critical for the specialty insurance and reinsurance industry. We face a looming talent shortage. Retirement will soon skim off the cream of our industry's ...
Flood Model Development Helps Hiscox Re & ILS Enter U.S. Flood Protection Market
Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country's most common natural disaster, said Katy Sivyer, underwriter for North America ...
Broker Perspective: Get Back to Basics
Having recently attended a number of carrier events during which the structure of market contacts, departments and the underwriting process were once again reimagined as new and novel in a "back to ...
U.S. Flood Models Are Still in Their Infancy, So Underwriters Must Be ‘Cautious Consumers’
The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still in its infancy. As a result, underwriters need to be aware of the ...
Blockchain Is Technological Evolution That Will Create Insurance, Reinsurance Revolution: B3i’s Marke
Blockchain technology is moving out of the lab and into the insurance business. It's moving past the hype phase and is edging closer to providing real-life efficiency improvements for the industry. ...
Diversity and Inclusion Help Drive Business Success
There has never been a better time for the insurance profession to begin deepening the conversation around diversity and inclusion (D&I). In fact, there has never been a better time to capitalize ...
How to Fuel Growth Without a New Business Penalty: Put Down the Predictive Model Shotgun
This is the third in a series of articles by Valen Analytics looking at the hurdles that insurers must overcome to effectively implement and gain value from data analytics programs. When the ...
Strategic Blockchain: Xceedance and ChainThat Gain Critical Mass
Xceedance decided to jump on the blockchain bandwagon late last year—but rather than building its own platform, it invested in ChainThat, a specialist provider of blockchain solutions for the ...