Underwriting & Pricing
Root and Lemonade: Real Unicorns or Ponies in Halloween Costumes?
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2019. In ancient times, it is believed that civilizations including the Romans, Indians and Egyptians had some form of "group protection" ...
Research, Repeat and Reuse: Specialty Carriers’ Unique Toolset for Product Innovation
"The industry really does look to specialty writers to be at the forefront of innovation," says Gail McGiffin. Specialty insurance carriers have a unique "toolset" that helps them grow through ...
How Cyber Insurance Will Reshape Cybersecurity
Cybersecurity is broken. It's a bold statement, but given the increasing frequency of cyber breaches, along with the presence of more varied and evolving threats, there is growing uncertainty about ...
Misclassification Impedes Insurers’ Ability to Underwrite Risks
Over the years, one of the key challenges for insurers in underwriting small and midsize businesses involves misclassification of the risk. Not surprisingly, more often than not, inaccurate ...
By Taming Big Data With AI, Cytora Aims to Transform Commercial Underwriting
It is an InsurTech startup operating an artificial intelligence-powered platform that aims to transform commercial insurance underwriting. While the goal may seem ambitious, Cytora is making ...
Risk Alerts: Medical Marijuana; LED Lighting and Eyesight Damage
Could medical marijuana laws actually be increasing opioid overdose deaths? Are the benefits of medical cannabis worth the possible side effects? Is the blue light in LED lighting damaging our ...
Liability Long Tail Could Get Longer
One of the most challenging things about liability insurance is that claims on this year's policy might be made well into the future. If exposure to a chemical, product or business activity this year ...
Parametric Insurance Takes Off
Now that property and casualty insurance coverage terms for business disruption losses are gradually tightening, a singular insurance product used primarily to protect businesses against ...