Future Shock: Managing Risk Through Accelerating Change

Improving the Quality of Life for Humanity

The definition of insurance risk will always evolve as long as this industry exists. Perhaps the earliest date associated with insurance risk on a person and not an asset (which dates back even ...

Creating New York's X-Factor: Building an InsurTech Community

In less than one year, InsurTech NY has grown from an idea shared by founders David Gritz and Tony Lew into a vibrant hub for East Coast insurance entrepreneurs, insurers and investors. Q: Let's talk ...

Dealing With Rapid Change: Bradford Examines Risk Management in 2020

Insurance and risk professionals know there are new risks emerging they need to address, but a related development isn't always appreciated, an industry veteran suggests. "The fact that things are ...

Creating a Tradeable Market for Cyber Risk—and More: Q&A With AkinovA's Founder Winand

London-based AkinovA represents itself as "the electronic marketplace for the transfer and trading of risk." Founded in 2017 by Henri Winand and Jean-Michel Paul, the first trade on the platform—a ...

Navigating a Risk Management Maelstrom: An Interview With JUUL Labs' Head of Risk and Insurance

JUUL Labs, Inc. (JLI), an alternative cigarette company, went from startup to a $4 billion revenue company in just four years. As of September 2018, the company had more than 70 percent of the ...

Executive Profile

From On-Demand Insurance to Slice Mind: The Evolution of an InsurTech

Tim Attia didn't have 400 years to wait for the on-demand insurance distributed by his company Slice Labs to make its way around the world. "We're focused on this new economy—digital products, ...

From Insurer COO to Reinsurer CEO: Andrade Rolls Up His Sleeves at Everest Re

Although his early dreams of covering world events as a foreign correspondent were never realized, Juan Andrade, the new chief executive of Everest Re, has seen and done almost everything in the ...

QBE NA Reveals Its Identity With Jones at the Helm

For Todd Jones, a great moment comes when a former client from his days at Willis Towers Watson calls and wants to do business with him. Now, as chief executive officer of QBE North America, Jones ...

Leadership Challenges

Managing Remote Workers

Don't look now, but the trend toward working remotely has just found solid footing in the form of a global pandemic. Companies around the world have been forced to conduct business in new ways since ...

Risk Alerts

Estimating Climate Change Risk: Do Scientists Need a New Approach?

It has become increasingly common for the general media to say that weather-related disasters have been caused by climate change. Such headlines have largely been frowned upon by the scientific ...

Strategy and Innovation

InsurTechs Will Not Shape the Industry's Future Alone

InsurTech was once the Wild West of the insurance industry. Many of InsurTech's early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a ...

MGU SageSure: A Tech Company Dressed Up in an Insurance Company

While InsurTech carriers selling personal lines insurance see software licensing deals as new avenues to growth, a technology company operating in the special niche of catastrophe-exposed property ...

Not Magic, But Design Thinking Works

There is so much talk about the need for the insurance industry to innovate. More and more emphasis is being put on innovation. Heck, even AM Best has decided that it needs to assess innovation as a ...

Supporting Underwriting, Claims Decisions With the Science of Behavioral Economics

Successful insurance product administration requires consistent, accurate decisions from the evaluation of submissions at underwriting to the adjudication of claims. Effective decision operations are ...

Operations and Finance

Agility Guide: A How-To for Navigating Tech Transformations

In the race to modernize, many insurers have found their progress slowed by the size, scale and scope of large transformation programs. From core systems to data warehouses, and from cloud platforms ...

Modernizing the Finance Function: Achieving Rapid Results Through Micro Transformation

The insurance and reinsurance industry is notoriously slow to change, with many companies unable to fully take advantage of innovative new technology. Burdened with legacy systems and constrained by ...

Emerging Technology and Automation

Turning Intelligent Sensors and Signals Into Insurance Customer Value

Amazon's futuristic Go stores caught the world by storm with a new vision for advanced shopping customer experiences. In fact, 7-Eleven felt the heat and recently announced their plans to build ...

Fifth-Generation Wireless Technologies: Suspicion vs. Evidence

One of the more surprising recent conspiracy theories to make the rounds of the Internet and social media is that the COVID-19 pandemic is actually a hoax perpetrated by corporations to cover up the ...

Editor's Letter: Leading When the World Restarts

There's a section of Carrier Management's May/June 2020 edition focused on new ways to manage risk at a time of accelerating change. The topic was appropriately conceived by our guest editor, David ...

Designing Blockchain at AAIS

AAIS has developed openIDL, an open blockchain network that streamlines regulatory reporting and provides new insights for insurers. I interviewed Joan Zerkovich, VP of Operations at AAIS, about her ...

What Is Slice Mind?

Engineers and algorithms take the place of people for the digital insurers that use the Insurance Cloud Services platform available from Slice Labs Inc. But even carriers that don't currently use ICS ...