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Innovating to Control Costs: Carriers Seeking Top-Line Growth Amid Bottom-Line Pressures
Given the highly competitive non-life market, and the depressed pricing that accompanies excess capacity, leaders in the global property/casualty insurance and reinsurance markets have found ...
P/C Insurers Positioned for Underwriting Improvement, But Longer-Term Challenges Await
U.S. property/casualty insurers represent a source of stability amid the recent tumult of socioeconomic disruption from the coronavirus pandemic. The industry strengthened its capital base and ...
Hippo Sets Sights on Improved Gross Loss Ratio, Geographic Expansion for 2022
Hippo, a home insurance group focused on home protection, knows that good things take time, especially in insurance, according to President Rick McCathron. "The thing about insurance is that once you ...
AI, BI or Insurance Intelligence: Which Matters Most?
When thinking about advancements in technology and data-driven insights, insurers are often confused about AI and BI—what they are, and how to even know if they are valuable to their business. We ...
Experts Say InsurTech Faces ‘Leveling Out Period’ Amid Tighter Capital, Market Challenges
The InsurTech industry is facing what experts say is a "leveling out period" after investment in the space accelerated during the pandemic due to changes in the workplace and a greater focus on the ...
How Personality Traits Could Determine Intelligent Automation Project Success
Insurance leaders made efforts during the past two years to leverage technology and service clients while minimizing interruptions and friction in customer experience. They made sure new clients ...
Reserves and Inflation: Insurers Got This!
According to an analysis of loss reserves published in mid-March by Assured Research, 2021 marked the 16th straight year that the U.S. P/C industry's loss reserves developed favorably—by about ...
Insurers: Hire More Trial Lawyers Now!
As the pandemic continues to wind down, and with jurors finally starting to return to large metropolitan courthouses across the country, it is becoming increasingly clear that insurance carriers are ...