Risk management

To mitigate risk and harness the promise of AI, a fundamental best practice is to evaluate and assess AI systems or tools before using them.

Casey Kempton, president of personal lines at Nationwide, addressing the Insurtech Insights conference, said carriers should work to educate policyholders about what to expect from weather claims.

Agents and brokers will have a new toolbox in their arsenal to help them identify which properties they should or should not include in their coverage portfolios.

Construction projects are full of risks and the use of Internet of Things technology can identify problems before they become costly delays.

Artificial intelligence helps insurance brokers expand solutions for small business owners.

Boateng will lead the organization's cyber risk management strategies.

Peter Diamandis opened this year's RISKWORLD event with a keynote address that identified four mega-trends impacting insurance over the next six years.

There is a disconnect between today's insurance frameworks and the financing needed to invest in adaptation and mitigation measures.

Defections by U.S. states from NAIC's call for property market data reporting could widen the gap in insurance protection, climate risk solutions expert says.

With its checkered history of risk placement process modernization fading away, the London Market is now pushing towards a bright new data future.

Insured losses from natural catastrophes have been on a slow and steady rise.

The move comes just nine months after State Farm announced plans to stop issuing new coverage in the most populous US state.

The right data and tech means that insurance providers have more time and resources to focus on their customers.

Robust testing, new workflows, and enabling employees to experiment and explore AI, will enable insurance organizations to bypass Gen AI challenges.

What insurance underwriting looks like in the age of artificial intelligence and the role of human underwriters.

These cyber threats will continue to evolve and pose risks for insurers and their policyholders.

The strategy in question is tied to insurance-linked securities, which are dominated by catastrophe bonds (often dubbed cat bonds).

How will your organization implement AI?

Digital Insurance reached out to insurance professionals about cyber risk trends.

Markel, Chubb, W.R. Berkley, Central Insurance and Ascot Group appointments.