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As insurance M&A grows, duplicating functions in combined companies, private-equity firms invest in AI insurtech that changes carriers' structures and product distribution, KPMG experts said.
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Underwriters do not see AI as a threat; most would consider the quality of an employer's AI tools when switching jobs, according to a new survey.
July 15
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Chris Raimondo, EY global and U.S. insurance consulting leader, shared insights with Digital Insurance on how to best approach AI challenges.
July 15
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With many residents eschewing flood insurance, the floods may, in the long term, hurt the tax base, an analyst said
July 14
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Colorado homeowners pay the highest premiums at $463 a month, as insurance costs now exceed property taxes in 15 states, LendingTree found.
July 14
Teams should revisit sourcing decisions continuously, rather than treat them as fixed multi-year commitments.
Insurance carriers have always relied on data to understand risk. What has changed dramatically, however, is how that data is used, writes Brian Keller, PhD, vice president of AI and data science for LexisNexis Risk Solutions.
A dangerous assumption persists that existing commercial insurance portfolios will naturally absorb any liabilities arising from algorithmic failures.
Carriers must move beyond highly visible AI activity that may look like progress and toward real operational transformation, writes Peter McMurtrie, a partner of the insurance practice for West Monroe.
Sixteen leaders across the insurance industry have been recognized for their leadership and significant contributions to their companies, colleagues and the industry.
Tresa Stephens, North America Allianz commercial regional head of cyber, tech and media, holds over a decade of experience in delivering specialized cyber, tech and professional liability solutions.
Sarah Murrow, president and CEO of Allianz Trade in Americas, shares her career journey in the insurance industry and her approach to acting as an effective leader to a multi-national business.