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Carriers Must Do Better Job Educating Consumers About Deductibles: IRC Report
A perfect storm is brewing. As hurricane season ramps up on the East Coast, a new report from the Insurance Research Council (IRC) reveals that many homeowners insurance customers don't understand ...
A View From the Outside: Global Futurist Uldrich Sees ‘Seismic Shifts’ for Insurance Industry
"We'll see more change in the next 25 years than we've seen in the last 100," a futurist told insurance professionals at a meeting in late 2014. Jack Uldrich, speaking at a Casualty Actuarial Society ...
Editor’s Letter: Insurance Tomorrowland: Back to the Future
During a presentation about the potential of blockchain to transform the insurance industry, Dr. Magdalena Ramada Sarasota, senior economist for Willis Towers Watson, raised some provocative ...
Survivors and Game-Changers: Lemonade’s Schreiber Explains What Disruption Looks Like
During an insurance conference in late March this year, a chief executive officer shared the following separate ideas with an audience of InsurTech leaders and analysts: "If you set out to compete ...
Reinsurers Concerned About Cyber Risks Despite Growth Opportunities
Cyber risks continue to morph and grow rapidly around the world, spurring ever-increasing demand for insurance that addresses the risks at hand. Some broker experts who follow the sector see ...
Rating the Cybersecurity Rating Firms: How Accurate Are They?
In just a few years, a growing crop of cybersecurity ratings firms has sprouted to assess the vulnerability of businesses to withstand cyber attacks, scoring them on a scale from good to bad. Key ...
Embracing Mindfulness: Conquering Cognitive Overload in a Hyper-Digital World
Insurance leaders play a key role in building resilience by helping communities to mitigate the impacts of climate change, disaster and many other global risks. But in today's disruptive, ...
Disaggregation of Insurance Processes on the Horizon
This article is part of Carrier Management's series on the Future of Insurance. Vikram Sidhu, Partner, Clyde & Co, sees disaggregation of data handling and analysis functions as one potential ...