Viewpoints
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 ...
Viewpoint: Get Ready Now for the Soft Market (Because It’s Coming)
While discussing soft market underwriting may seem ill-timed given current strong results and hard market conditions, there are worrying signs that underwriters are beginning to chase market share in ...
Viewpoint: Biometric Litigation Is Significant Emerging Risk for Insurers
States are increasingly passing biometric laws to prevent companies from collecting and disseminating data such as fingerprints and facial recognition without permission. Illinois was the first to ...
Executive Viewpoint: Advice to Retiring CEOs
Being a CEO can be an all-consuming job. No matter how well the organization is performing, there is always the sense of responsibility to stakeholders. CEOs are also granted a sort of "rock star" ...
The Long Tail: Aftermath of Disaster
While I was doing research for this edition, I came across these paragraphs, written by one of the leaders of a technology company, recalling a previous role he had working in disaster relief. After ...