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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 ...
It’s Pokémon Go Time for Insurers
Whether they're getting stuck in trees, sinking into the mud or wandering into traffic, distracted players of Pokémon Go have been getting into all kinds of trouble this summer. But what do their ...
Hedge Fund Reinsurers: Still Taking Heat From S&P, Lawmakers
Even as new waves of hedge fund reinsurers launch, one rating agency continues to question the basic business model—a model that also has critics among U.S. lawmakers who have tried unsuccessfully ...
Nanotechnology: Understanding the Benefits and the Risks
Nanotechnology is embedded in the products or processes of nearly every major industry and has become a mainstay of product innovation and enhancement. These products will likely generate value and ...
Coverage Innovation: Why and How Ironshore Developed a Cyber Warning Endorsement
Computer Hacks. In 60 percent of cases, attackers are able to compromise an organization within minutes, according to the Verizon 2015 Data Breach Investigations Report. Data Loss.Forty-three percent ...
How U.S. Inland Flood Became a ‘Peak’ Peril
Flood is the most pervasive and frequent peril in the U.S. Yet, despite having the world's highest non-life premium volume and one of the highest insurance penetration rates, a significant protection ...
Insurer Risk Management: Time for the KISS Approach
Just about every insurance organization on the planet has a variety of siloed systems and methodologies in place to help cope with decades of increasing regulations and other risk-related challenges. ...