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Europe Flood Risk: A New Growth Opportunity for the Industry
Flood events are not restricted by geopolitical borders. In a landmass with multiple adjacent countries such as Europe, flood risk can have a wide-reaching impact on both business and ...
Artificial Intelligence in Commercial Insurance
"Artificial intelligence" (AI) is splashed across the daily headlines. For example, an AI application recently beat the human Go champion, autonomous cars are edging closer to mainstream use, social ...
Public Affairs ‘Ironman’ Kevelighan Takes Helm at Insurance Information Institute
Committing to a few extreme physical fitness events every year keeps Sean Kevelighan honest. "That, for me, is the incentive to insure that I keep my training going. It's really good for your health, ...
As Active Shooter Incidents Increase, Industry Addresses Coverage Gray Area
There's a new insurance market emerging in light of a disturbing reality in today's world: active shooter risks. The new coverage is meant to address a gray area in insurance policies that may leave ...
Climate Change Modeling Is Closer Than You Think
For the last few years you got a common response from catastrophe modelers who advise the property/casualty industry when asked about including the effects of climate change in modeling. It went ...
An E-Infusion: Infusing Ethics Into Your Organization
Much has been written about the need for ethics and ethical behavior in organizations, and most people, when approached with the subject, show body language that says "I know it. I do it. Don't talk ...
Future Workers Compensation Profitability Faces Obstacles
Workers compensation, the largest product segment in the U.S. commercial lines insurance sector, has experienced a recent profit renaissance, moving to a significant underwriting profit in ...
Good RM Is Just Good Business, Says Steel, Former CRO of AXIS Capital
Companies originally created the role of the chief risk officer because they "recognized that good risk management is really good business," according to Michael Steel, former CRO at AXIS Capital. ...