Executive Viewpoint
Viewpoint: Regulatory Interest in Big Data, AI More Than a Carrier Problem
The California Insurance Commissioner and the California Department of Insurance (CDI) recently issued a bulletin regarding industry bias and discrimination. The bulletin acknowledged allegations of ...
Why InsurTechs Should Be Scared of the Reinsurer’s Veto
Cash burn is so 2020. To keep with the recent theme of calling out the obvious, it's time to talk about the next big risk for product-centric InsurTechs. It's not cash burn. Everyone knows about that ...
Opinion: Insurers Already Protect Privacy Interests; Legislation Unneeded
There are many sectors of the U.S. economy that are not subject to rigorous privacy regulations. The insurance industry is not one of them. Our industry has a long history of protecting the privacy ...
Don’t Count Out InsurTech Disrupters, Carrier CEOs Say
InsurTechs bent on disrupting the insurance industry haven't succeeded so far, but a future wave of InsurTechs might emerge to accomplish a similar goal, carrier executives said recently. Speaking at ...
On the Road to Level 3: Paradigm Shift in Auto Crash Fault Assessments
On March 20, 2022, industry publication Road & Track caused a bit of a splash when it reported not only that German auto manufacturer Mercedes-Benz plans to seek approval for its "Drive Pilot" ...
Where Property Insurance Buyers Are Headed: A Paradigm Shift
Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that ...
Why One Carrier Decided to Stick With Fully Remote Working
Topa Insurance Company (TIC), like most insurance businesses, shifted to a remote workforce out of necessity in 2020. TIC continued to be successful in the new work environment and quickly decided to ...
Chubb’s Greenberg: On War, Ex-CAT Reporting and Insurance Profits
When Chubb published its 2021 annual report online this week, it contained more than the details of the best year in the company's history. As in past years, the chief executive commented on world ...