Underwriting & Pricing
Berkshire Hathaway Specialty Launches Crime Protection With Impersonation Endorsement in Canada
Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of a new crime protection policy and executive impersonation coverage endorsement for large public and private companies in ...
Florida Bans Price Optimization; Insurers Question Definition
A memorandum released last week by Florida Insurance Commissioner Kevin McCarty warning insurers in the state not to use price optimization in rating has gotten cheers from a consumer advocate group ...
Cloud Benefits: Understanding Terms
For carriers just getting started with cloud computing, terms like "lift and shift," "cloud native" and "cloud bursting" may be unfamiliar. Below, we define some common terms. Lift and shift is the ...
Are Insurance Carriers Ready to Jump Up Into the Cloud?
In increasing numbers, enterprises around the globe are adding public clouds to their technology portfolios. According to Forrester, adoption of public clouds by all types of business enterprises ...
Price Optimization or Price Discrimination? Regulators Weigh In
Insurers' growing use of predictive data analytics is predicated on enhancing operational efficiency, improving decision-making and offering more detailed pricing of products. It's that last practice ...
Commercial Drones Enter the World of Risk: ISO Analysis
As drone technology and potential applications continue to expand, corporate leaders around the world are facing a difficult question: How can drones be used to grow their businesses without harming ...
Swiss Re Predicts More M&A Due to New Regs and Capital Surge
New regulations and an influx of alternative capital will spur more mergers and acquisitions in the insurance industry, Swiss Re AG said. "We expect to continue to see a certain shakeout in the ...
Insurers See Impact from Wearables Within Two Years: Accenture Survey
Nearly two-thirds of insurers expect wearable technologies to have a significant impact on the industry, according to a survey in Accenture's annual Technology Vision report. The survey of more than ...