Featured
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. ...
Artificial Intelligence in Personal Insurance: ChatBot Agents, RPA ‘No Shoring’ AdminBots and More
The impact of artificial intelligence (AI) in personal insurance is twofold. On the one hand, rapid advances that incorporate a number of AI aspects are occurring in partially autonomous and fully ...
How ‘Prosumers’ and More Can Help Insurers Embrace the Digital World
Major shifts in technology and the way we do business are bringing fresh pressures to bear across the business world. Consumer expectations are shifting. Everyone has to raise their digital game or ...
Sciemus’ Move Into Specialty Underwriting: A Case of ‘Adapt and Thrive’
It was a case of adapt and thrive when modeling and analytics company Sciemus made a big strategic leap this year into underwriting space, power, mining, renewable energy and cyber—as a managing ...
Commentary: Insurance Industry’s Chief Spokesperson Headed to the Halls of Academia
Whenever disaster strikes in the United States—be it economic, man-made or delivered by Mother Nature—the global media often contacts Robert P. Hartwig, the president of the New York-based ...