Features
How to Embed a Culture of Innovation
It may have a reputation for conservatism, but the insurance industry is no stranger to innovation. If we look back through history, we see that insurance has driven innovation in crime prevention, ...
A New Era for Marine Catastrophe Management
While marine insurers remain well-capitalized, the line faces many risks. A protracted soft market has eroded margins, large losses have put pressure on rate adequacy, and marine cat experience has ...
How Great Leaders Build Community
Building community within an organization encompasses many activities, but here are three basic practices of great leaders. They develop strong personal relationships. This means spending time with ...
Will ILS Investors Run for Cover After the Storm?
Most industry pundits agree that alternative capital is now a permanent fixture in the reinsurance marketplace. Where there is less agreement, however, is whether more opportunistic alternative ...
Manmade Threats Growing
Manmade threats are becoming increasingly significant, bringing potentially huge losses to cities, which could present a major risk to the world's future global and economic growth, according to ...
File Splitting: Handling Claims When Coverage Is Unclear
The duty to defend and indemnify a policyholder is an important promise an insurer agrees to in an insurance policy. Though coverage may be clear cut in many claims, others may require additional ...
Why Build Your Own Cat Model?
Insurers are using the new open loss modeling platforms to build their own catastrophe models for three main reasons: clarity, control and cost. Catastrophe models have become extremely important ...