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Unlocking the Value of Intelligent Automation for Actuarial Ratemaking
Back in the day doesn't mean what it used to. In most cases, that phrase refers to a time many years ago. But with the world changing as quickly as it is, back in the day can refer to just a few ...
Unsyncopated Clocks: ‘Fire and Flood’ Book Highlights Insurers’ Climate-Change Late Show
Scientists have been sounding the climate-change alarm for decades. But despite these dire warnings, a large swath of the public still refuses to believe, and both policymakers and businesses have ...
Underwriting the Transition: Chaucer, Moody’s Break New Ground With ESG Scorecard
As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet their ESG targets. After all, regulators are ...
AI Insurance Takes a Step Toward Becoming a Market
Back when Munich Re launched the industry's first insurance coverage for artificial intelligence (AI) at the end of 2018, the policy, aiSure, found few takers. In subsequent years, as more companies ...
Underwriters of the Future: 100% Digitized or Super Human?
At Coterie Insurance, an MGU on a mission to bring speed and simplicity to small business insurance, a 100 percent digital underwriting process is in place. Coterie Insurance's underwriters are ...
Broken Promises? Policyholders React to Cyber Insurer Exclusions, Claim Denials
Colonial Pipeline, JBS, Kaseya and other major attacks of last year have demonstrated that if ransomware wasn't already a common part of the global vocabulary, it certainly is now. However, the first ...
Commercial Underwriters on a Never-Ending Journey: Meet the Transformers
Carriers and MGUs have embarked on missions to transform experiences of overwhelmed commercial insurance underwriters and their frustrated distribution partners with decision-making power boosts from ...
The Road to 2032: Big Changes Ahead for Commercial Underwriters
Leaders of property/casualty insurance companies writing commercial insurance are expecting the world of property/casualty underwriting to look radically different by the year 2032—with artificial ...