Meet CM’s Guest Editor: SAS Institute’s Fitz Fitzgerald
If you ask Carrier Management's Guest Editor Michael (Fitz) Fitzgerald to describe his career path to his current role as Insurance Industry Advisor for SAS Institute, ...
External Perspective
Prepare for the Soft Market: Why You Need to Set Performance Metrics Now
On the face of it, it appears to be a good time to be an underwriter. A combination of historic underperformance, an elevated risk outlook and investor reticence is encouraging underwriters to push ...
Meet Your New Employee: Advanced AI
Much of the discussion around how to manage the advanced forms of artificial intelligence—machine learning, generative AI, large language models—deals with them only as technologies. This is a ...
Bold Movers and Losers: Incumbents Need to Act While InsurTechs Stumble
At a time when InsurTechs face major headwinds and incumbent insurers benefit from market tailwinds, it's time for the traditional insurers to make bold strategic moves, McKinsey partners said in a ...
Unsyncopated Clocks: ‘Fire and Flood’ Book Highlights Insurers’ Climate-Change Late Show
Scientists have been sounding the climate-change alarm for decades. But despite these dire warnings, a large swath of the public still refuses to believe, and both policymakers and businesses have ...
Breaking Down Inflation’s $30B Impact on Insurers Line By Line
Experts at McKinsey & Company estimate that inflation pushed loss costs for property/casualty insurers up roughly $30 billion last year, with nearly three-quarters of that figure coming through ...
Amazon and Netflix: Role Models for Insurers? Really?
Technology is a useful servant but a dangerous master. —Christian Lous Lange It is far too easy for people, including those who should know better—such as insurance industry professionals, ...
The Insurance Data War: How Old and New School Can Live in Harmony
Old school vs. new school. Every so often, a debate echoes down the corridor of time as the disrupters of the status quo burst on the scene with novel ways of doing things, while the established ...
How the Insurance Industry Can Tame Social Inflation
Insurance carriers, are you and your defense counsel ready for the "perfect storm" of litigation that is coming once the pandemic is over? Are your teams trained to defend against the increasing wave ...