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What the Future Holds for Catastrophe Modeling: Aon’s Impact Forecasting
Technologies are rather like bicycles. Just as riders must continue to move forward or risk falling down, so too designers of catastrophe models are moving full speed ahead to stay on course, experts ...
Getting Well Soon: The Next Trillion-Dollar Industry for P/C Insurers?
Sleeping on the job has never been a fast track to success, but sleeping on the way to the job may lead to an early and unscheduled retirement. More than 1 in 5 fatal car accidents in the United ...
How Great Leaders Display Authenticity
Today, we are finding that organizations around the world are changing their attitudes toward leadership. Leadership has been written and talked about for decades, with great authors defining it in ...
Inside the Minds of Insurance Innovators
Executives of property/casualty insurance companies are not always eager to share their ideas. Words ranging from "proprietary" to "secret sauce" are usually spoken as their representatives politely ...
Commercial Lines Market Headed For Profit Deterioration
Commercial lines insurance underwriters in the United States have generated two consecutive years of significant underwriting profits. However, market sentiment has turned less favorable recently as ...
Guiding Insurance Professionals on NAIC’s New Cybersecurity Principles
In the wake of some of the largest insurance company data breaches, the National Association of Insurance Commissioners has followed on the heels of the Securities and Exchange Commission and has ...
The 10 Do’s and Don’ts of the ORSA Summary Report
2015 marks the beginning of a new era of regulatory requirements for the insurance industry as many states have now adopted the Risk Management and Own Risk and Solvency Assessment ('ORSA') Model Act ...
Get Social, Look Forward to Innovate: Chubb Chief Innovation Officer Bidwell
Like any property/casualty insurer, Chubb Insurance faces the challenge to refresh its business with new ideas. But unlike a lot of its peers, the Warren, N.J.-based carrier has a chief innovation ...