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Howard Mills Reviews ORSA Challenges & Opportunities
ORSA is more than just another four-letter word. Or acronym, to be precise. For insurers, ORSA is, as Pennsylvania Deputy Insurance Commissioner Steve Johnson said a couple NAIC meetings ago, "a game ...
Board-Level Attention To IT Security Critical For Data-Reliant Insurers
Cyber crime is one of the fastest growing areas of crime in the world. Modern day criminals are exploiting the speed and the convenience of the worldwide web to attack businesses on a global basis, ...
Is Strategic Planning Effective At Insurance Companies?
It has been three short months since I accepted the challenge of putting together carrier-focused content for the new website we are launching at Wells Media—CarrierManagment.com. For those of you ...
Economy Looms Large Among Clouds In U.S. Marine Insurance Forecast
The theme last year's International Union of Marine Insurance conference, "Charting the Course through Economic Uncertainty," certainly was on target. Marine insurers from around the world were told ...
Analyzing Analytics: When Does Value Of Predictive Modeling Outweigh Expense?
As leaders of property/casualty insurance carriers, you are routinely exposed to conversation about predictive models, along with assertions that the benefits realized by some carriers in auto ...
Focus On Brazil: Strong Economy, Looming Infrastructure Projects Present P/C Insurance Opportunities
With Europe in recession and North America growing at an anemic pace, insurers are seeking new markets. Not surprisingly, many are casting an eye towards Brazil. A host of factors make Brazil ...Model Revolution Ahead In Commercial Lines Including D&O, Say Carrier Directors, Execs
Predictive modeling is rapidly changing the market landscape for the small commercial package risks, and even making a difference for underwriters of large professional liability accounts, carrier ...Is Homeowners Insurance An ‘Epically Disastrous’ Business?
At a conference where industry experts bemoaned the low level of overall returns for the property/casualty industry across all lines, they reported even bleaker numbers for homeowners insurers, ...