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Lemonade CEO: Why Regulators Need to Engineer Equity in Insurance Prices
It takes a one-two punch to make insurance fair. I've previously argued that AI can vanquish bias in insurance, and so it can. But while machine learning can help ensure equality, it cannot ensure ...
CEO Reflections: Business Lessons From COVID-19, One Year Later
If COVID-19 has taught us any important business-related lesson in 2020, it is the importance of being agile. More than a mere business practice, this agile philosophy of quickly adapting to ...
The Insurance Carrier Is Back in Fashion
As money began to flow into InsurTechs back in 2014 and 2015, these companies essentially fell into two categories: You were either a provider of technology to insurance companies or a distributor of ...
Carriers Will Gain Plenty in 2021 by Tackling Their Tech Challenges
As we headed into 2020, and prior to the impact that resulted from the pandemic, many carriers had made investments to digitize. But amid many business priorities is where digital transformation ...
Insurance Commissioner’s Perspective: Innovation as a Driver for Change
Social justice is an easy goal on which to agree, though as the events of the past year have taught us, we often fall short transforming the aspirational into reality. That doesn't mean we stop ...
Why Auto Insurance Companies Should Drop Credit Score
COVID-19 has exacerbated socioeconomic inequality and exposed vast racial and economic disparities in America. Millions have lost their jobs, and research shows that historically under-resourced ...
Breaking The Silence: A Black InsurTech Founder’s Story
As the founder of a data and analytics InsurTech focused on the commercial auto insurance space, I knew fundraising would be a challenge. Commercial auto insurance has been unprofitable for years, ...
20 Editor’s Picks for 2020 (Slideshow): AI, Social Inflation, Talent and More
In a year where news about COVID-19 dominated the headlines, Carrier Management published feature content in line with its mission to deliver both leadership and insurance themes to today's industry ...