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AI: The Claims Industry’s Biggest Challenge and Opportunity for 2024
The claims industry is navigating a lot of change right now in the face of inflation, growing climate volatility and an ongoing talent shortage, but of all the disruptive factors, Lemonade's Chief ...
‘Litigation Harvesting’: The Rise and Fall of McClenny Moseley
In December 2022, before much was known about how Houston's McClenny Moseley & Associates could set up shop in New Orleans—and sign up thousands of Louisiana clients in less than a year—a ...
2B or Not 2B? That Was the Question for Aspartame
In March 2015, the World Health Organization's International Agency for Research on Cancer (IARC) designated glyphosate, the active ingredient in Roundup, as "probably carcinogenic to humans" (Group ...
A Turnaround Story: Boost People, Then Financial Results, Aspen CEO Says
The turnaround at Aspen Insurance Holdings—the result of a multipronged, multiyear effort—is bearing fruit with a return to consistent profits. Mark Cloutier, executive chairman and CEO, ...
Why Strategic Implementations Fail and the Counterintuitive Way to Address It
What do you think is the biggest threat facing property/casualty insurers today? Is it escalating claim volumes? Litigation? Higher reinsurance costs? Other industry-specific challenges? The answer ...
What to Expect: 8 InsurTech Predictions for 2024
2023 has been a tough year for InsurTechs to raise the Venture Capital they need to grow. Investors turned their backs on whole categories like full-stack carriers and direct-to-consumer startups. ...
2024 Outlook on the MGA Market: Time to Normalize Difficult Conversations?
The insurance industry experienced widespread and significant tightening in the reinsurance markets in 2022. "Volatility" was the watchword as the year 2022 wound down. Reinsurers raised prices, ...
Organizing for Action: The Board of Directors in the AI-Powered Insurer
Financial services technologies come and go. Useful shiny objects become standard operating procedure. How quickly and effectively an insurer makes this transition varies. Faster and better yields ...