How to Model Systemic and Emerging Risks for Liability Risk Management
While insurers' use of models to analyze and quantify risk is well established in the property space, it's becoming increasingly important in the casualty space. The use ...
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Viewpoint: Closing the Gap on Insurance to Value in Property Policies
Inadequate valuation of physical assets in property policies results in a shortfall in premium collected, which in turn hinders the ability to rebuild fully after a ...
Viewpoint: Why Activists Should Rethink Hard Insurance Exits From Fossil Fuel Underwriting
Insurers play an important role in helping protect families, businesses and communities as our economy transitions to a greener energy future. However, those protections ...
How Lawyers Sank Florida Carriers — and Target ‘Travellers’ With SEO
A troubling phone exchange reveals a problem for insurance carriers that started in Florida and is expanding beyond the state's borders, according to an actuary who ...
Executive Viewpoint: Is Insurance the Hero AI Needs?
I founded Monitaur in 2019 to enable confidence and trust in AI through governance and assurance. With my partners, the company was founded with the belief that by enabling governance, we could ...
ChatGPT and Beyond: How Insurers Are Using AI
If you ask Rachel Alt-Simmons, head of global claims innovation and optimization at AXA XL, what she is most enthusiastic about when she contemplates the world of AI, she'll happily describe the ...
Navigating the AI Frontier: A How-To Guide for P/C Insurers
"In the midst of chaos, there is also opportunity." — Sun Tzu
We are living in an epoch of profound transformation and paradox, ...
Endocrine Disruption Litigation Has Arrived
How long does it take for science to identify a new type of harm from commercial activity before litigation tries to hold the businesses accountable?
Workers compensation insurance stands out as the most profitable major U.S. commercial insurance product line over the last five years, bolstered by relative claims ...
Eight Straight Years of Workers Comp Profits: What Could Go Wrong
Is AI Risk Insurance the Next Cyber for Insurers?
The rising enthusiasm around generative AI and the prospective increase in AI adoption are opening up intriguing opportunities for insurers to underwrite AI risks. However, before they delve into the ...