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Unappreciated Gen AI Risks: Carbon Emissions and D&O Litigation
Hallucinations, bias, privacy infringements and intellectual property violations are some of the risks of generative AI that technology and insurance professionals have surfaced over the last year. ...
Trade Secret Insurance Could One Day Protect ‘Trillions’ in Assets
Mary Guzman already has helped develop a new insurance coverage once in her career. Now, she's leading the charge of another. In the early 2000s, when she worked as a regional practice leader at ...
CEO Viewpoint: Unlocking the Potential of Generative AI in Insurance
Generative artificial intelligence (AI) has sparked a lot of interest from insurers and reinsurers because of its potential to revolutionize innovation, cut costs and improve the customer experience. ...
Geopolitical Risks: Why Underwriters Are Watching Aggregations
Senior insurance and reinsurance leaders are increasingly concerned about the aggregation risks associated with strikes, riots and civil commotion (SRCC)—a growing threat in countries across the ...
Open Letter to Carriers: R&D Investment Needed to Close the Gap
What is the purpose of the insurance sector? Presumably, it's to provide financial security to individuals, enterprises and communities by transferring risk in a way that ...
How to Create a ‘Candidate First’ Approach to Recruiting
In my last article I offered advice on how insurance organizations can improve job advertisements, with my final recommendation to, "Insert as much 'what candidates want' information as possible." As ...
Not So Stable: AM Best Analyzes Commercial Segment’s Casualty Lines
Heading into 2024, AM Best maintained a stable outlook on the overall U.S. commercial lines sector. This was based on our expectation that the segment as a whole will ...
Insurers’ Advertising Spending in Reverse, But for How Long?
You probably know them well: the GEICO Gecko, Flo from Progressive, the Liberty Mutual Emu, Allstate's Mayhem, Jake from State Farm. In a nearly $800 billion dollar ...
How Legal Finance Adds Value to Judgment Preservation Insurance
Successful litigants holding trial-court judgments have traditionally found themselves positioned similarly to mountaineers atop Mount Everest: After a long, brutal and ...