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The Next Tsunami: Cybersecurity for P/C Insurers
Reports of data breaches and similar incidents are becoming ubiquitous. Those events have historically involved entities that possess vast amounts of personal data, especially health and financial ...
CFO McGuire: Endurance’s Ballast Amidst Change
Stacks of research put forth by consulting firms about the necessary qualities of a chief financial officer typically miss one that has been essential for CFOs like Endurance Specialty's Michael ...
Disaster Fraud Rampant After Floods, Hurricanes
This year, extensive flooding has already affected parts of Texas and Louisiana. With more rain producing floods forecasted for the southern part of the U.S. this spring, the likelihood of disaster ...
Amica, Tech Company Test Hail Weather Sensing Platform to Improve Claims Handling
Amica Insurance and Understory Inc., a weather data and analytics company, recently announced the development of a new weather sensor and data analysis network to test hyper accurate ground-level ...
Report Calls Out Insurers for Half-a-Trillion Dollars in ‘Dirty Energy’ Investments
Leading U.S. insurers have nearly half-a-trillion dollars invested in fossil fuel energy and the electric and gas utility sectors, according to a recent report that urges state insurance regulators ...
People Are Key to a CFO’s Success: Regan, Group CFO at QBE
When discussing his career as a chief financial officer, Patrick Regan, group chief financial officer for QBE, emphasizes the importance of people and the team the CFO builds. "You're only as ...
U.S. ORSA Reports Need Improvement: Regulator’s Viewpoint
If U.S. regulators graded insurers on their ORSA reports, the report cards might say "incomplete" or "needs improvement," a representative of the National Association of Insurance Commissioners ...
Stepping Into the Cockpit: Redefining the Role of Finance in the Digital Age
Finance functions within insurance companies have traditionally been the stewards of historical data, analyzing and presenting what happened via management dashboards and reports. However, CFOs are ...