Viewpoints
CEO Viewpoint: FEMA Flood Insurance Pricing Methodology Revamp a Positive Move
By now, you've probably heard of the Federal Emergency Management Agency's effort to revamp its method of assigning prices to the National Flood Insurance Program's policies, which took effect on ...
When Will the ‘Climate’ Change?
During the recent InsureTech Connect conference, Pranav Pasricha, global head of P&C Solutions for Swiss Re, made this observation while talking about property insurance innovations: ...
Beyond the Hype: How to Value InsurTechs
Why is it so hard for property/casualty insurance carrier professionals to accept the idea that InsurTechs are bringing value to the insurance industry—and changing it for the better? I have found ...
Executive Viewpoint: Top Reasons Insurers Decline Cyber Insurance
Insurers make money by assuming the business risks of their customers for a fee. They make a profit only if the estimated aggregate cost of the risk for all their customers is less than the aggregate ...
COVID Fallout: Insurers Must Address Evolving Small Business Risks
During the past 18 months, the COVID-19 pandemic has wreaked havoc on thousands of U.S. small businesses and created unprecedented challenges for them as well as for their insurers. Amid numerous ...
Employees Saying Adios to Carriers, Brokers Requiring Work in Office
During a session of an insurance industry webinar titled "State of the Insurance Marketplace," the war for talent was discussed just as much as the hard or moderating property/casualty insurance ...
Making Connections
"All Black folks have a drawer." The comment may have gone unnoticed at an insurance gathering last year, when Sylvia Alston, managing partner of Momentum Risk Partners, tossed it out quietly as she ...
Who Do You Trust? When Behavioral Science Fails
Late last week, I was reviewing my Twitter feed and came across a tweet that made no sense to me. While it's a common occurrence for me to be baffled by Twitter exchanges, this particular tweet ...