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How Risk Management Can Fuel Innovation
We generally do not tend to think of innovation and risk management as compatible themes. Innovation conjures up images of bold new ideas, thinking outside the box, disrupting established ways of ...
Europe Flood Risk: A New Growth Opportunity for the Industry
Flood events are not restricted by geopolitical borders. In a landmass with multiple adjacent countries such as Europe, flood risk can have a wide-reaching impact on both business and ...
Artificial Intelligence in Commercial Insurance
"Artificial intelligence" (AI) is splashed across the daily headlines. For example, an AI application recently beat the human Go champion, autonomous cars are edging closer to mainstream use, social ...
Public Affairs ‘Ironman’ Kevelighan Takes Helm at Insurance Information Institute
Committing to a few extreme physical fitness events every year keeps Sean Kevelighan honest. "That, for me, is the incentive to insure that I keep my training going. It's really good for your health, ...
An E-Infusion: Infusing Ethics Into Your Organization
Much has been written about the need for ethics and ethical behavior in organizations, and most people, when approached with the subject, show body language that says "I know it. I do it. Don't talk ...
Future Workers Compensation Profitability Faces Obstacles
Workers compensation, the largest product segment in the U.S. commercial lines insurance sector, has experienced a recent profit renaissance, moving to a significant underwriting profit in ...
Artificial Intelligence in Personal Insurance: ChatBot Agents, RPA ‘No Shoring’ AdminBots and More
The impact of artificial intelligence (AI) in personal insurance is twofold. On the one hand, rapid advances that incorporate a number of AI aspects are occurring in partially autonomous and fully ...
Sciemus’ Move Into Specialty Underwriting: A Case of ‘Adapt and Thrive’
It was a case of adapt and thrive when modeling and analytics company Sciemus made a big strategic leap this year into underwriting space, power, mining, renewable energy and cyber—as a managing ...