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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 personal lines. While few disclose ...
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. That's how Carrier Management's Guest Editor Michael (Fitz) Fitzgerald started a ...
Training AI and Humans
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 advanced AI, I thought it was ...
Do Your ERM Practices Need Updating?
Immediacy or necessity has a way of sneaking up on us and getting our attention. This principle is true across the board. Nobody rushes to the front of the line to get a colonoscopy or root canal, ...
VC Insights: Putting the Focus on Insurers, Not Silicon Valley
When Eos Venture Partners invested in a cyber recovery firm, it had yet to generate significant profit. But Fenix24 has since had a "meteoric rise," according to Jonathan Kalman, a founding partner ...