Viewpoints
Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation
Insurers need to take a comprehensive and collaborative approach to stem the rising tide of social inflation. This approach should be one that involves not only assessing corporate risk and ...
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 ...
Claims or No Claims
"A Moment of Incredible Opportunities" That title on top of a series of slides presented by a featured speaker at a recent Casualty Actuarial Society annual meeting drew my attention. Alex Salkever, ...
The Bottom Line: Why Property Insurers Need to Move Past IoT Exploration to Strategy Integration
Bottom-line impact from technology investments starts at the top for property insurers. At HSB and the IoT Observatory, we believe that simply offering sensor technology through InsurTech ...
What to Expect: 8 InsurTech Predictions for 2024
2023 has been a tough year for InsurTechs to raise the Venture Capital they need to grow. Investors turned their backs on whole categories like full-stack carriers and direct-to-consumer startups. ...
2024 Outlook on the MGA Market: Time to Normalize Difficult Conversations?
The insurance industry experienced widespread and significant tightening in the reinsurance markets in 2022. "Volatility" was the watchword as the year 2022 wound down. Reinsurers raised prices, ...
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 ...
Executive View: Why Automation is the Key to Cyber Insurance Market Growth
Cyber threats pose a more direct risk to businesses than ever before. Globally, cyber attacks rose 7 percent in the first quarter of 2023, and Cybersecurity Ventures predicts ransomware will cost ...