The Insurance of Insurers
What is the impact of artificial intelligence in insurance? Well, there are a lot of use cases for artificial intelligence in everyday life, but what about AI in insurance? The effects of artificial intelligence in business heavily include insurance.
September 23, 2022
Technology
Underwriting
Why the Decline in Underwriting Quality?
Insurance is a data-driven industry, and underwriting is its heart. It’s an uncomfortable fact, then, that data from the only longitudinal study of North American P&C underwriters reveals that many important parts of underwriting seem to be mired in decline.
September 16, 2022
Underwriting
7 Questions for 2022 CPCU Society International Ambassador Edward Shen
The CPCU Society has a goal of being an inclusive global community that welcomes and empowers all individuals, ideas and voices. One way to reach this goal includes expanding its global community through outreach and initiatives designed to retain and grow membership around the world.
September 14, 2022
Education & Training
Underwriting
An Exclusive Peek at the In2Risk 2022 Conference Agenda
For the savvy insurance professional, there’s nothing quite like getting together with like-minded individuals and discussing some of the latest innovations and nuances going on in the industry. And lucky for us all, in-person events are growing in number after the last two years of uncertainty.
September 12, 2022
Insurance Industry
Risk Management
Underwriting
Insurance Industry Needs A Fast Forward Perspective On Hurricanes
A recent Risk Perspective blog from Swiss Re’s Mohit Pande has outlined the hurricane risks that the industry and economy currently face.
August 26, 2022
Catastrophe
Insurance Industry
Underwriting
Severe Convective Storms: Loss Trend Comparable To That Of Hurricanes
Severe convective storms are among the most common, most damaging natural catastrophes in the United States. In 2021, they resulted in the third-costliest year on record for the U.S. insurance industry, according to Aon, and catastrophe modeling firm RMS says the average annual insured loss from such storms nearly equals that from hurricanes, at around $17 billion.
May 27, 2022
Catastrophe
Property
Underwriting
CPCU Society Raised The Bar On Insurance Leadership At Las Vegas Conference
Las Vegas may seem an unlikely place to learn about leadership, but risk management education thrives there better than you might think.
May 18, 2022
Risk Management
Underwriting
An Injury Every Seven Seconds: Wearables Could Revolutionize Worker Safety
Over the past 30 years, industrial operations have grown increasingly sophisticated, driven by productivity.
May 10, 2022
Underwriting
Workers' Compensation
Drones, Phones And Loss Control: How Inspections Changed Amid The Pandemic
Loss control strategies had to pivot amid the COVID-19 pandemic, and while many insurance carriers reverted to ‘Old School’ loss control inspections via the phone, some took it even further, industry experts share during a Canadian Underwriter webinar.
May 9, 2022
Property
Underwriting
How To Use Social Media Data In Underwriting
Social media data provides insurers with an opportunity to gain insights into a customer’s risk exposure in real time. But it comes with many challenges.
April 12, 2022
Underwriting
5 Ways You Can Earn Your CPCU (Even If You are Busy With Young Children)
While I feel extremely qualified to write about how to work towards your CPCU during Life With Young Children (alternately titled ‘Not Your Life Anymore’), this is not intended to be a step-by-step guide.
March 15, 2022
Education & Training
Underwriting
Actuaries Tackle Race In Insurance Pricing
The Casualty Actuarial Society (CAS) has developed a series of papers examining the issue of race and insurance pricing and seeking to contribute constructively to the policy discussion around it.
March 14, 2022
Insurance Industry
Technology
Underwriting
Tesla’s Musk, Others Take Aim At California Law Restricting Telematics
A California law passed in the late 1980s originally meant to protect consumers is under increased scrutiny for restraining the use of telematics in auto insurance underwriting.
January 28, 2022
Auto
Legislation & Regulation
Underwriting
California
Does P&C’s Future Lie In Datasets?
Thinking ahead was the mark of an effective insurer in 2021, as the COVID-19 pandemic required constant adaptability and intelligence.
December 22, 2021
Underwriting
Simulator Gamifies Underwriter Training
The job of an insurance underwriter is complex on many levels and requires a highly skilled workforce. Underwriters must possess a combination of actuarial, risk management and people skills to assess complicated policies or claims in a highly collaborative and customer-centric environment.
December 10, 2021
Education & Training
Underwriting
