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Marketing Data Can Reduce AI Bias in the Insurance Industry
Just a decade ago, the idea that artificial intelligence (AI) might play a role in everyday insurance practices may have sounded far-fetched. As a legacy industry with longstanding ways of doing ...
If Hurricane Ian Was a Tipping Point, What Are We Tipping Toward?
As 2023 began, property insurance markets were struggling with the fallout of significant losses from Hurricane Ian in fall 2022. Ian was accompanied worldwide by 17 other billion-dollar storms in ...
Four Approaches to Expand Commercial P/C’s Market Relevance
Despite a range of disruptions, global commercial P/C insurance carriers have actually delivered good returns over the last few years—mostly thanks to higher premiums, which have risen 6 to 8 ...
CEO Viewpoint: It’s No Longer Enough to Just Insure
The expansion of the insurance value chain to include risk mitigation has been underway for decades. But in recent years, it's been rapidly progressing toward a tipping point where the "insurance" ...
Opportunities Across the Metaverse for the Insurance Industry
There's been a lot of buzz about the metaverse lately. Indeed, to borrow a lyric from the Beatles' "Across the Universe," it seems buzzwords are "flowing out like endless rain into a paper cup." But ...
FTX Liability Tentacles Spread Far
As the spectacle knowingly or unwittingly orchestrated by Sam Bankman-Fried, cofounder of bankrupt cryptocurrency exchange FTX Trading and cryptocurrency trading firm Alameda Research, plays out on ...
What to Expect: 7 InsurTech Predictions for 2023
The year 2022 was not kind to the publicly traded InsurTechs. But beyond that smokescreen, new and growing InsurTechs continue to drive innovation. Here are seven trends to watch in 2023. Cyborg ...
Looking Ahead—and Back to the Beginning
In January, it's customary to pull together review and preview articles—looking back at the past year and looking ahead at what experts predict will shape the insurance industry in the coming 12 ...