Traditional or Digital? Which Insurance Model Will Prevail?
As the insurance industry evolves, the debate intensifies: will established traditional insurers maintain dominance, or will innovative, digital-first companies lead the future by meeting evolving customer expectations?
August 19, 2024
Insurance Industry
Risk Management
Technology
Underwriting
How AI is Revolutionizing Insurance Operations
Generative AI is transforming commercial insurance by reducing costs and increasing efficiency through improved risk selection and service capabilities.
August 7, 2024
Risk Management
Technology
Underwriting
Embracing Solar Power: Technological Evolution and Insurance Industry Challenges
Jason Kaminsky, CEO of kWh Analytics, discusses how advancements in solar technology are reshaping the insurance landscape and addressing emerging liabilities.
July 24, 2024
Insurance Industry
Risk Management
Technology
Underwriting
The Future of Underwriting: Embracing AI and Automation
The integration of AI and business rules engines in underwriting is revolutionizing the industry, reducing menial tasks, and enabling underwriters to focus on strategic issues.
July 24, 2024
Insurance Industry
Risk Management
Technology
Underwriting
Emerging Challenges in US Workers’ Compensation Market: Swiss Re Analysis
After a decade of profitability, the US workers’ compensation insurance market faces new risks, requiring disciplined underwriting to maintain stability.
July 23, 2024
Insurance Industry
Risk Management
Underwriting
Workers' Compensation
California
New Jersey
New York
Challenges and Innovations in Insurance Underwriting Amid Economic Uncertainty
With high inflation, climate risks, and varying state regulations, insurance underwriting and pricing rely more than ever on accurate loss projections and economic forecasts.
July 23, 2024
Insurance Industry
Risk Management
Technology
Underwriting
Niches: The Future of the Insurance Market?
Skyward Specialty’s CEO Andrew Robinson shares insights on the power of focusing on niche markets in insurance.
July 19, 2024
Insurance Industry
Risk Management
Technology
Underwriting
California
Keys to Successful Digital Transformation for Insurance Firms
Assessing the market, balancing technology and business, and committing to growth are key steps in successful digital transformation.
July 17, 2024
Life & Health
Risk Management
Technology
Underwriting
Unlocking Potential in the E&S Insurance Market
The excess and surplus insurance market is dynamically growing, providing major opportunities for insurtechs.
June 18, 2024
Excess & Surplus Lines
Insurance Industry
Technology
Underwriting
New York
InsurTech Leaders Highlight AI’s Role in Underwriting
Harnessing previously uncaptured data is key to underwriting success, agree two InsurTech executives, as AI transforms the insurance sector.
June 12, 2024
Insurance Industry
Risk Management
Technology
Underwriting
New York
Insurtechs and Traditional Insurers Experience Strong Q1 Growth
In Q1 2024, the P&C insurance industry saw impressive stock performance, with notable gains among insurtechs demonstrating high-quality growth.
June 6, 2024
Insurance Industry
Risk Management
Technology
Underwriting
Electric Vehicle Insurance Market Faces Profitability Challenges Amid Rapid Growth
Higher accident rates and steeper repair costs for EVs are creating challenges for insurers trying to maintain underwriting profitability in this burgeoning market, according to a new report from the Swiss Re Institute.
June 5, 2024
Auto
Risk Management
Technology
Underwriting
Jeff Canfield Discusses AI’s Role in Ascot’s Underwriting Strategy
At RISKWORLD 2024, Jeff Canfield of Ascot explores the potential of AI in underwriting, Ascot’s data-driven deal selection, and their approach to underwriting specialty risks.
May 30, 2024
Excess & Surplus Lines
Insurance Industry
Technology
Underwriting
Continued Underwriting Losses in Personal Lines Impact P&C Insurance Profitability
The property and casualty sector faces ongoing underwriting losses, with personal lines being a significant contributor, despite improving trends.
May 15, 2024
Auto
Insurance Industry
Underwriting
Workers' Compensation
Transforming Underwriting: Embracing Technology and Training for Growth
Advanced technology and targeted training are reshaping underwriters’ roles, enhancing their efficiency and market adaptability, according to a new Capgemini report.
April 30, 2024
Insurance Industry
Risk Management
Technology
Underwriting
