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The Digital Normal and the Future of Work in Reinsurance
It's been said that necessity is the mother of invention. That proverb was illustrated perfectly during the insurance industry's successful scramble to conduct its business digitally at the onset of ...
Pandemic Losses Forestall Liability Insurance Turnaround
Projecting future property/casualty insurance market profit is always challenging. The economic and social impact of the ongoing coronavirus pandemic greatly compounds the uncertainty of this effort. ...
Between a Rock and a Hard Place: Insurers Struggle With Policy Rewrites
Commercial insurers are engaged in coverage language rewrites en masse this year, but "The Great Policy Rewrite" faces some serious obstacles, a coverage lawyer said recently. Even if carriers are ...
COVIDigation Nation Revisited: Analyzing the Late Summer Surge
Hello, devoted COVIDigation Nation readers. This is article two in a series tracking insurance lawsuits related to COVID-19 business claims (i.e., COVIDigation). It's kind of like a serial comic ...
Why Product Diversification Into E&S/Specialty Matters: A Q2 Top-Line Analysis
Looking at the second-quarter earnings reports of leading insurers, the argument for product diversification has never been stronger. Results are in from this COVID-impacted quarter, and they ...
Swiss Re’s Risk Radar
Swiss Re's annual SONAR report, published in early June, highlights 14 emerging risks that will impact different sectors of the insurance industry in different time frames. The accompanying chart ...
Envelop Risk Paves the Way as InsurTech Reinsurance MGA
Managing general agents for reinsurance are rare. Reinsurance MGAs that write cyber are even rarer, which is the world that Envelop Risk inhabits. "We think we're the only InsurTech firm involved in ...
MGA New Paradigm Aims to Bridge the Natural Catastrophe Protection Gap
Evan Glassman saw a gap in the property insurance market—literally. Glassman, working as a retail producer in south Florida for most of his career, realized that the insurance industry's products ...