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A Telematics Future: Don’t Forget Insurance Agents
During a recent interview, Matteo Carbone, director of the IoT Insurance Observatory, described a new set of approaches, modeled on the success of South African insurer Discovery, which U.S. auto ...
A View Into the Future of Car Insurance: When Driver Scores Replace Credit Scores
Offering a view into the future of auto insurance, the leader of a mobility data and analytics firm said during a recent interview that he foresees a time when drivers will know their driving scores ...
Are Captives the Answer for Uninsured HOAs? Utah Opens Door
When actuary Greg Fears attended a Western Region Captive Insurance Conference in April, he expected to learn and share information about emerging uses of captives for commercial risks, including ...
PFAS by the Numbers: $165B Ground-Up* Litigation Losses Possible
When Frank Demento received a mailing from managers of his water district on Long Island last year, the news it contained seemed pretty good. The level of a harmful chemical, perfluorooctanesulfonic ...
Judgment Day
In May 2022, a judge at the U.S. District Court in Texas ruled that IBM had breached a 2015 licensing agreement signed with a competitor, BMC Software Inc., awarding BMC more than $1.6 billion in ...
Middle Manager Is the Middle Child
The middle child breaks up fights, mediates disputes, and smooths the differences between older and younger siblings. They carry the weight of family responsibilities and often don't get the ...
The Future of Reserving Is…Complicated
Reserving is, on the face of it, one of the simpler elements of actuarial science (once companies get past the nuances of triangular data tables). They look at the way things behaved in the past and ...
Shared Services 2.0: Creating a Culture to Support Growth and Innovation
As companies grow, many adopt a shared services operating model. As the name implies, this approach consolidates products and common functions at headquarters — often finance, IT, human resources, ...