Viewpoint: You’re at a Competitive Disadvantage If You’re Not Innovating
"Innovative" is not the word I'd use to describe the personal lines insurance space. Industry veterans even affectionately refer to insurance carriers as "slow first ...
Members Only Content
CEO Viewpoint: Predict and Prevent Just Makes Economic Sense
Last year, U.S. P/C insurers incurred a $21.2 billion net underwriting loss, only slightly improved from a $24.9 billion underwriting loss recorded in 2022. Roughly $65 ...
The Golden Triangle of Technology
Three technologies are having a profound impact on how insurance can help manage and mitigate risk:
Internet of Things (IoT) technology is supplying large amounts of ...
Why Insurers Should Develop Strategies for Estimating PFAS Loss Reserves
Perfluoroalkyl and polyfluoroalkyl substances (PFAS) are everywhere in the news lately. PFAS refers to a class of chemicals renowned for resisting heat, water and stains—substances that are found ...
U.S. E&S Sector Is Booming…But Is it Too Much Business to Handle?
The excess and surplus lines and specialty insurance market is booming and looks set to continue its upward trajectory. The question is whether the sector currently has the resources to take ...
Weathering the Reinsurance Reset in the Midwest
In his more than quarter-century career as a reinsurance broker representing the mutual insurance market, the January 1, 2023, property reinsurance renewals stand out in Josh Knapp's memory as a day ...
SMB vs. Mid-Market: Commercial Property Underwriting Automation Defies One-Size-Fits-All Approach
Leading insurers have automated underwriting for small commercial lines by applying new data sources and advanced analytics, following the successful automation of ...
AI Leadership at All Levels
"I've seen a good amount of coverage on implementing AI. But what I haven't seen a lot about is leading" AI programs.
When CM's guest editor contributed an article last year suggesting that industry talent and technology officers should team up to build company-specific HR programs for ... Immediacy or necessity has a way of sneaking up on us and getting our attention. This principle is true across the board. 
Training AI and Humans
Do Your ERM Practices Need Updating?