AM Best Audio

AM Best: Affirmations Rose in 2025 for both US P/C, L/H

A.M. Best Company, Inc. — Wed, 22 Apr 2026 06:00:38 +0000

Helen Andersen, industry research analyst, discusses two new Best's Special Reports that find upgrades and downgrades both declined for the P/C segment in 2025, while life and health insurers saw an increase in upgrades but not downgrades.

AM Best: Five US Life/Health Companies, One US Property/Casualty Company Impaired in 2024

A.M. Best Company, Inc. — Tue, 21 Apr 2026 06:00:23 +0000

Joseph Roethel, director, AM Best, discusses two Best's Special Reports that found no catastrophe-driven P/C impairments following three years of elevated storm losses, while recent health impairments include a number of troubled affiliates.

AM Best: Benchmarking EMEA Ratings – Improving Credit Quality, but Common Themes Highlighted as Weaknesses

A.M. Best Company, Inc. — Mon, 20 Apr 2026 06:00:01 +0000

Ben Diaz-Clegg, associate director, analytics, AM Best, discusses a Best's Special Report that finds the stability of macroeconomic conditions through 2024 and 2025, in addition to generally robust levels of profitability in many segments, underpinned the strengthening of key balance sheet strength fundamentals.

Commercial Property Owners Confident in Buildings but Wary of Weather Coverage

A.M. Best Company, Inc. — Fri, 17 Apr 2026 06:00:05 +0000

Jason Ragsdale, AVP risk management technical specialization at Nationwide, discusses a company survey revealing while more than 90% of commercial property owners are confident in their buildings’ structural integrity, fewer than 40% feel fully protected against severe weather, highlighting a gap between awareness and preparedness.

AM Best: First Look – 2025 US Property/Casualty Financial Results

A.M. Best Company, Inc. — Thu, 16 Apr 2026 06:00:01 +0000

David Blades, associate director, AM Best, discusses a new Best's Special Report that finds muted insured catastrophe losses during the second half of 2025 significantly benefitted net underwriting income for the year.

Issues & Answers: The Great Outdoors Market

A.M. Best Company, Inc. — Wed, 15 Apr 2026 06:00:08 +0000

Hollie Campe-Astridge, assistant vice president in the Sports & Recreation Department at Philadelphia Insurance Cos., said health and wellness trends are continuing to support demand for outdoor experiences.

Issues & Answers: Microcap D&O

A.M. Best Company, Inc. — Tue, 14 Apr 2026 06:00:18 +0000

David Bock, associate vice president, head of Midwest and West Public D&O for Nationwide’s commercial liability team, discusses how micro- and small-cap public companies differ from larger public companies in risk profile, claims activity and governance structure.

MSIG USA CUO: Data-Driven Growth

A.M. Best Company, Inc. — Mon, 13 Apr 2026 06:00:21 +0000

Brian Botkin, chief underwriting officer at MSIG USA, said that the company’s growth has come through a very disciplined underwriting approach and a build-out of its specialty underwriting capabilities.

Majesco’s Chief Strategist Combines Tech, Creativity in Guiding Businesses

A.M. Best Company, Inc. — Fri, 10 Apr 2026 06:00:20 +0000

Majesco Chief Strategy Officer Denise Garth, who is regarded as one of the most influential executives in insurance, has built expertise with leveraging both the analytical and creative sides of her brain for her role at the insurance software developer and also when she guides startups.

LexisNexis’ Kostyrna: AI-Fueled Fraud Surge Forces Insurers to Rethink Identity Verification

A.M. Best Company, Inc. — Thu, 09 Apr 2026 06:00:54 +0000

Jennifer Kostyrna, director of product management, identity solutions at LexisNexis Risk Solutions, explains how generative AI is rapidly transforming the identity risk landscape for personal lines insurers, enabling more sophisticated and scalable fraud across the policy life cycle.

BestWire: CMS Threatens Suspension of Elevance’s Medicare Part D Program Over Data Reporting Issues

A.M. Best Company, Inc. — Wed, 08 Apr 2026 06:00:18 +0000

Senior Associate Editor Steve Hallo discusses his BestWire story detailing how The Centers for Medicare and Medicaid Services intends to suspend enrollment in Elevance Health Inc.’s Medicare Advantage Part D over persistent noncompliance with risk-adjustment data reporting rules.

AM Best: US D&O Liability Market – Prioritizing Long-Term Profitability Amid Competition, Emerging Risks

A.M. Best Company, Inc. — Tue, 07 Apr 2026 06:00:33 +0000

AM Best Director David Blades and Senior Industry Research Analyst Chris Graham discuss a new Best's Commentary that finds by year-end 2025, the D&O liability market appeared to be moving toward more modest downward premium adjustments, on average.

BriteCo CEO: AI-Generated Images, Documents Driving Fraud Uptick for Jewelry Insurers

A.M. Best Company, Inc. — Mon, 06 Apr 2026 06:00:49 +0000

Enforcing the use of secure photo technology and maintaining "a human in the loop" are among the strategies proving to be effective at deterring claims fraud, said Dustin Lemick, CEO, BriteCo.

Author: Leading Through Uncertainty Becomes a Defining Skill for Insurers

A.M. Best Company, Inc. — Fri, 03 Apr 2026 06:00:26 +0000

In his book “Guardians of Uncertainty: The Making of Influential Risk Managers in the Modern World,” Ernest Legrand, co-founder and chief product officer, MAPTYCS, discusses how risk-focused leaders navigate uncertainty to drive resilience and long-term strategic value.

BestWire: Life Insurers See Paid Family Leave as Growth Opportunity

A.M. Best Company, Inc. — Thu, 02 Apr 2026 06:00:53 +0000

BestWire Senior Associate Editor Terrence Dopp discusses his recent article explaining how life insurers are seeing paid family and medical leave insurance as a growth opportunity as more U.S. states begin mandating coverage.

Montclair State’s Owusu: Machine Learning Shines New Light on Risk Culture in Insurance

A.M. Best Company, Inc. — Wed, 01 Apr 2026 06:00:23 +0000

Montclair State University Assistant Professor Abena Owusu discusses her co-authored study on how insurers can use machine learning to improve risk culture and oversight.

Risky Science Podcast Explores the Models Behind Modern Risk

A.M. Best Company, Inc. — Tue, 31 Mar 2026 06:00:58 +0000

Christopher Westfall discusses how his podcast, Risky Science, brings together researchers, investors and insurers to unpack the science, data, and real-world impact of risk models that shape markets, public policy and emerging threats.

BestWire: Florida OIR Personal Auto Rates Dropping 8% Among Top Writers

A.M. Best Company, Inc. — Mon, 30 Mar 2026 06:00:46 +0000

Senior Associate Editor Renee Kiriluk-Hill discusses her recent BestWire story highlighting how Florida’s largest personal auto insurers are cutting rates and issuing dividends to policyholders, driven by improved underwriting results, changing driving patterns, and landmark tort reform that has helped stabilize the market.

Strong 2025 Results Mask Softening Reinsurance Pricing

A.M. Best Company, Inc. — Fri, 27 Mar 2026 06:00:51 +0000

AM Best News Editor David Pilla discusses reinsurers’ strong 2025 results, driven by underwriting gains and low catastrophe losses, even as softening pricing pressures revenue.

AM Best: US Health Insurers Seek Improved Underwriting Performance in 2026

A.M. Best Company, Inc. — Thu, 26 Mar 2026 06:00:39 +0000

AM Best Director Joseph Zazzera discusses a new Best's Market Segment Report that finds strong health segment financial flexibility and capitalization despite major operating performance concerns.

Wild Horse Fire Brigade’s Simpson: Wildfire Smoke’s Hidden Toxins Drive Rising Health, Property Risks for Insurers

A.M. Best Company, Inc. — Wed, 25 Mar 2026 06:00:46 +0000

Wild Horse Fire Brigade Founder and Executive Director William Simpson, an ethologist, discusses how super-hot wildfires create novel toxins, driving health and property risks, and why insurers must rethink prevention and modeling strategies.

AM Best: US Life/Annuity Industry Continues to Shift More Focus to Annuities

A.M. Best Company, Inc. — Tue, 24 Mar 2026 06:00:18 +0000

Kate Steffanelli, associate director, AM Best, discusses a new Best's Market Segment Report that finds the US annuity market delivered another strong performance that continued into 2025, aided by retirement product demand, favorable rates and product innovation.

Health Insurers Navigate Margin Pressure Amid Government Program Shifts

A.M. Best Company, Inc. — Mon, 23 Mar 2026 06:00:38 +0000

AM Best Senior Associate Editor Steve Hallo discusses how ACA, Medicaid and Medicare changes are reshaping U.S. health insurers’ strategies and margins in 2026.

How Insurance Agents and Brokers Can Monitor Carrier Financial Strength and Key Industry Developments

A.M. Best Company, Inc. — Fri, 20 Mar 2026 06:00:53 +0000

This session, ideal for agents and brokers who need to efficiently track insurer financial strength, shows you how to set up custom notifications, monitor the carriers you work with and use timely alerts to protect your clients and stay ahead of competitors. (Event Date: February 26, 2026)

View the Powerpoint Presentation.

Amwins’ Abraham: London Market Softens as Capacity Grows

A.M. Best Company, Inc. — Thu, 19 Mar 2026 06:00:53 +0000

Nick Abraham, CEO, Amwins Global Risks, discusses how abundant capacity, social inflation concerns, and growing delegated authority opportunities are shaping broker strategy and client outcomes in the London specialty insurance market.

Ivans President: Speed, Data Drive Future of Agency-Carrier Partnerships

A.M. Best Company, Inc. — Wed, 18 Mar 2026 06:00:27 +0000

Michael Streit, president, Ivans, discusses how real-time insights and seamless workflows are helping carriers become the partners of choice in today’s insurance market.

Regretful Risks Study: How Emotion, Not Logic, Shapes the Way We Manage Uncertainty

A.M. Best Company, Inc. — Tue, 17 Mar 2026 06:00:18 +0000

Professors Albert Cohen of Michigan State University and Annette Hoffman of the University of Cincinnati, discuss their study, Regretful Risks, revealing how the fear of future regret, rather than rationality, drives decisions about risk management.

AM Best: Losses From Winter Storms to Carve Into 2026 First Quarter Earnings

A.M. Best Company, Inc. — Mon, 16 Mar 2026 06:00:40 +0000

Northeastern blizzard is expected to result in significant, but manageable losses for P/C insurers, according to a new Best's Commentary discussed by AM Best Industry Research Analyst Helen Andersen.

Podcast Founder Benyon: Journalist Bridges Geopolitics and Insurance

A.M. Best Company, Inc. — Fri, 13 Mar 2026 06:00:56 +0000

David Benyon, host of The Political Risk Podcast, explains how he connects geopolitical flashpoints from war, hybrid threats, trade policy and expropriation with the evolving needs of specialty insurance and reinsurance markets.

Insurers and Lawmakers Clash Over Credit Scores, Fair Pricing

A.M. Best Company, Inc. — Thu, 12 Mar 2026 06:00:29 +0000

AM Best Senior Associate Editor Steve Hallo explains how state proposals to limit credit scores could impact insurance pricing and risk assessment.

LIMRA’s Golembiewski: US Annuity Sales Topped $461B in 2025 as Indexed Products Surge

A.M. Best Company, Inc. — Wed, 11 Mar 2026 06:00:08 +0000

Keith Golembiewski, AVP, director, annuity research, LIMRA, discusses 2025’s record-breaking annuity market and the evolving role of indexed products in retirement planning.

Sidecars Surge as Reinsurers Seek Capital Flexibility and Investor Appetite Grows

A.M. Best Company, Inc. — Tue, 10 Mar 2026 06:00:36 +0000

BestWire News Editor Dave Pilla reports how renewed investor interest and a push for capital efficiency are fueling rapid growth in reinsurance sidecars, reshaping capacity strategies and adding new dynamics to traditional pricing and long-term capital stability.

AM Best: Rate Action, Investment Gains Drive US P/C Results Despite Headwinds

A.M. Best Company, Inc. — Mon, 09 Mar 2026 06:00:48 +0000

A new Best's Market Segment Report finds improved P/C underwriting and pricing, combined with moderate catastrophe losses, anchor strong 2025 results, with investment income a key earnings driver in 2026 despite headwinds, according to Jacqalene Lentz, senior director, and David Blades, associate director, both of AM Best.

Hawaii Homeowners Market Reprices Risk After Wildfires

A.M. Best Company, Inc. — Fri, 06 Mar 2026 07:00:06 +0000

AM Best Senior Associate Editor Renee Kiriluk-Hill examines how Hawaii’s homeowners insurers are responding to catastrophic wildfire losses with steep rate increases, tighter risk selection, and strategic decisions that may foreshadow trends in other catastrophe-exposed states.

Issues & Answers: An Environmental Shift

A.M. Best Company, Inc. — Thu, 05 Mar 2026 07:00:56 +0000

Melissa Mulhern, assistant vice president of environmental underwriting at Philadelphia Insurance Cos., said their underwriters work with agents and brokers to help them understand that environmental risk includes operational risks not just limited to preexisting contamination.

AM Best: Outlook for US D&O Revised to Stable

A.M. Best Company, Inc. — Wed, 04 Mar 2026 07:00:38 +0000

The revision from negative to stable for the directors and officers liability insurance segment is owed to rate stabilization, low loss ratios, tighter underwriting, and reduced regulatory scrutiny, according to a new Best's Market Segment Report discussed by AM Best Elizabeth Blamble, senior financial analyst, AM Best.

Issues & Answers: Program for Success

A.M. Best Company, Inc. — Tue, 03 Mar 2026 07:00:09 +0000

Brooke Shirazi, vice president of property and ocean marine programs at Nationwide E&S Specialty, said policyholders benefit from the program offerings and the program administrator space because of the deep expertise they bring to the table in that segment and their clear understanding of what the insured needs in order to address risk concerns.

AM Best: Caribbean Insurers’ Reinsurance Costs, Capacity Constraints Moderate, Although Climate Vulnerability Remains

A.M. Best Company, Inc. — Mon, 02 Mar 2026 07:00:38 +0000

AM Best Directors Bridget Maehr and Ann Modica discuss a new Best's Market Segment Report that finds Caribbean insurers are highly reliant on reinsurance to manage capital, risk retention, and to expand their book of business.

Mining Insurance Market Stays Competitive Despite Rising Nat Cat Losses

A.M. Best Company, Inc. — Fri, 27 Feb 2026 07:00:52 +0000

BestWire News Editor Dave Pilla reports that abundant global capacity and growing competition are driving lower rates and broader terms in the mining insurance sector, even as recent natural catastrophe losses and mounting liability exposures heighten underwriting challenges.

AM Best: US Economy Grows Despite Emerging Headwinds

A.M. Best Company, Inc. — Thu, 26 Feb 2026 07:00:30 +0000

A new Best's Special Report finds that the U.S. economy enters 2026 from a position of resilience, despite headwinds, said Ann Modica, director, AM Best.

INTX’s Lewis: Radical Automation Shapes Future of Insurance Workforce

A.M. Best Company, Inc. — Wed, 25 Feb 2026 07:00:02 +0000

Rob Lewis, CEO, INTX Insurance Software, discusses how Chubb’s aggressive automation strategy reflects deeper structural shifts in insurance technology, workforce skill demands and the growing necessity for unified, modern core systems to enable real AI-driven transformation.

AM Best: Surplus Lines Market Premium Moderates Through Nine Months of 2025

A.M. Best Company, Inc. — Tue, 24 Feb 2026 07:00:13 +0000

AM Best Associate Director David Blades discusses a new Best's Special Report that finds E&S premium market growth increased by 9.7% through the third quarter of 2025, down from 13.5% in 2024, reflecting the impact of competitive market pressures.

MGAs Tighten Discipline as Softer Market Signals Emerge

A.M. Best Company, Inc. — Mon, 23 Feb 2026 07:00:02 +0000

AM Best Senior Associate Editor Terrence Dopp discusses the early signs of a softening MGA market, the renewed focus on underwriting discipline and capital management, plus how closer alignment with carriers and reinsurers could shape the sector through 2026.

AM Best’s Briefing – Health: Medicare Advantage – Challenges and Opportunities

A.M. Best Company, Inc. — Fri, 20 Feb 2026 07:00:41 +0000

AM Best and industry experts share their 2026 outlook on the Medicare Advantage business segment, including the key drivers. (Event Date: January 15, 2026)

AM Best: Administration’s Executive Order Could Provide Impetus Towards Stabilizing the Cannabis Insurance Market

A.M. Best Company, Inc. — Thu, 19 Feb 2026 07:00:23 +0000

Associate Director David Blades and Associate Analyst Alexander Winant, both of AM Best, discuss a new Best's Commentary that finds the executive order doesn’t immediately resolve insurance issues for cannabis-related businesses, but the move to reclassify marijuana under federal law could be a significant step for the insurance market.

Massachusetts OKs Liberty Mutual Affiliate Reorganization

A.M. Best Company, Inc. — Wed, 18 Feb 2026 07:00:11 +0000

AM Best Senior Associate Editor Steve Hallo breaks down Massachusetts regulatory approval of Liberty Mutual’s affiliate reorganization, including the conversion of several mutual insurers to stock companies and what the move signals about capital access.

Resilience’s Long: 2026 Cyberthreat Landscape Poses New Challenges for Insurers

A.M. Best Company, Inc. — Tue, 17 Feb 2026 07:00:54 +0000

Maria Long, chief underwriting officer, Resilience, discusses how emerging cyberthreats are transforming cyber insurance and driving the need for stronger underwriting and enhanced client resilience.

AM Best Chief Operating Officer: Become a Specialist in Your Organization

A.M. Best Company, Inc. — Mon, 16 Feb 2026 07:00:00 +0000

Stefan Holzberger, EVP and COO, AM Best, advises emerging leaders to determine use cases for AI and where they can leverage technology to make their work more efficient and to price risk and handle claims more effectively. Holzberger spoke with AM Best TV at the 2026 Emerging Leaders Conference in Nashville, Tenn.

Microinsurance Network’s Genazzini: Big Carriers Find Opportunity in Tiny Policies

A.M. Best Company, Inc. — Fri, 13 Feb 2026 07:00:58 +0000

Matthew Genazzini, executive director of the Microinsurance Network, details the emergence of microinsurance as a social safety net in many Asian, African and Latin American nations, while Rishi Raithatha, a member of the network, explains the supporting role of mobile technology in agriculture, life and hospitalization coverage in low-income nations.

Issues & Answers: The Future of Protection

A.M. Best Company, Inc. — Thu, 12 Feb 2026 07:00:42 +0000

Mark Berven, president and chief operating officer, Nationwide Property and Casualty, said that within the next decade, as much as 70% of job skills could be completely different than what they are today.

AM Best: 3Q25 Snapshot – Personal Lines Momentum Continues to Drive P/C Underwriting Result Improvement

A.M. Best Company, Inc. — Wed, 11 Feb 2026 07:00:33 +0000

AM Best Associate Director David Blades and Industry Research Analyst Helen Andersen discuss a new Best's Special Report that finds a benign 2025 Atlantic hurricane season was predominant factor in the P/C industry's enhanced performance through the first nine months of 2025.

Coalition’s Toomey: Rising Cyber Interconnectedness Pushes Insurers to Boost Detection, Response

A.M. Best Company, Inc. — Tue, 10 Feb 2026 07:00:17 +0000

Joe Toomey, vice president, underwriting security, Coalition, discusses emerging cyber vulnerabilities such as React2Shell, and how insurers help clients strengthen resilience and manage evolving risk.

NFIP Misses Deadline Again as DHS Funding Fight Fuels Uncertainty

A.M. Best Company, Inc. — Mon, 09 Feb 2026 07:00:41 +0000

AM Best Senior Associate Editor Steve Hallo explains how short-term extensions, political battles over DHS funding and immigration policy disputes have left the National Flood Insurance Program in limbo, impacting policyholders and major flood insurers.

AM Best’s Briefing – Global Reinsurance: January 1 Renewals and 2026 Market Outlook Updates

A.M. Best Company, Inc. — Fri, 06 Feb 2026 07:00:04 +0000

Join AM Best and market executives for a discussion on the evolving global reinsurance landscape and an update on AM Best's global reinsurance outlook. The panel will share perspectives on the 2026 outlook and reflect on themes emerging from the recent renewal season. The conversation will touch on broader market developments, strategic considerations and the forces shaping reinsurer performance in the year ahead.

Tuned’s Aronson: Hearing Health Poised to Become a Core Employer Benefit by 2026

A.M. Best Company, Inc. — Thu, 05 Feb 2026 07:00:00 +0000

Danny Aronson, co-founder and CEO of hearing health specialist Tuned, explains how preventative digital hearing care can improve productivity, reduce health care costs, and close an overlooked gap in employer benefits, positioning hearing health alongside dental and vision as foundational offerings.

Author: Navigating the Unknown Is Essential for Insurance Resilience

A.M. Best Company, Inc. — Wed, 04 Feb 2026 07:00:50 +0000

Cambridge statistics Professor David Spiegelhalter discusses in his book, The Art of Uncertainty: How to Navigate Chance, Ignorance, Risk, and Luck, how insurers use probability and risk assessment to navigate threats and make informed underwriting decisions.

AM Best: Global Reinsurance Market Segment Outlook Revised to Stable

A.M. Best Company, Inc. — Tue, 03 Feb 2026 07:00:17 +0000

AM Best Senior Director Michael Lagomarsino discusses a new Best's Market Segment Report that finds reinsurance pricing is softening at an accelerating pace in property lines, but overall market conditions support underwriting profitability and solid overall operating performance in 2026.

College Professor Sydnor: How Emerging Technologies Are Redefining the Economics of Insurance

A.M. Best Company, Inc. — Mon, 02 Feb 2026 07:00:40 +0000

Justin Sydnor, department chair of risk and insurance, Wisconsin School of Business, University of Wisconsin-Madison, discusses new research on how artificial intelligence, data analytics and automation are transforming risk assessment, consumer behavior and the long-term value proposition of insurance.

AM Best’s Briefing – Health: Medicare Advantage – Challenges and Opportunities

A.M. Best Company, Inc. — Fri, 30 Jan 2026 07:00:54 +0000

AM Best and industry experts share their 2026 outlook on the Medicare Advantage business segment, including the key drivers. (Event Date: January 15, 2026)

Triple-I CEO: A Year After the L.A. Wildfires, Insurance Attention Turns to Long-Term Resilience

A.M. Best Company, Inc. — Thu, 29 Jan 2026 07:00:51 +0000

Sean Kevelighan, CEO, Insurance Information Institute, discusses how insurers are shifting from recovery to resilience one year after the L.A. wildfires, applying lessons learned to promote smarter rebuilding and enhance wildfire preparedness.

AM Best: Non-Life Runoff – An Evolving Reinsurance Landscape

A.M. Best Company, Inc. — Wed, 28 Jan 2026 07:00:13 +0000

AM Best Associate Director Dan Hofmeister discusses a new Best's Special Report that finds the non-life runoff market continues to exhibit healthy transaction volumes, but its composition is becoming increasingly concentrated.

Beagle’s Vacquier: Winter’s Deep Freeze Is Heating Up Insurance Losses

A.M. Best Company, Inc. — Tue, 27 Jan 2026 07:00:52 +0000

Paul Vacquier, CEO, Beagle Services, discusses how severe winter freezes are fueling costly water-damage claims, and why monitored leak detection is key to preventing losses.

Amwins Co-Presidents: Market Report Highlights Stabilizing Rates, Emerging Risks in 2026

A.M. Best Company, Inc. — Mon, 26 Jan 2026 07:00:17 +0000

Amwins co-presidents Sam Bagg and Jeff McNatt break down where pricing pressures are easing, how capacity and E&S submissions are evolving across key lines, and why AI, tort reform, and geopolitical risk will shape insurance strategies this year and in the future.

AM Best’s Briefing – Non-Life Run-Off: An Evolving Market

A.M. Best Company, Inc. — Fri, 23 Jan 2026 07:00:36 +0000

Please join us for an interactive discussion with industry experts on the latest developments shaping the non-life run-off market. The session will touch on recent research insights, notable activity over the past year and expectations for the year ahead. The panel will provide a broad look at how the market has been evolving, including the growing presence of specialist participants and the continued refinement of the run-off model. The discussion will also highlight general themes around product structures, the types of needs these solutions address and the industry’s ongoing efforts to navigate and reshape long-standing perceptions of the legacy space. (January 14, 2026)

AM Best: Lower P/C Expenses Boost Underwriting Results

A.M. Best Company, Inc. — Thu, 22 Jan 2026 19:00:48 +0000

AM Best Senior Industry Research Analyst Christopher Graham and Associate Analyst Alexander Winant discuss a new Best's Special Report that finds the annual change in the industry's underwriting expense ratio is much less than year-to-year variability in its loss and loss adjustment expense ratio.

ICW Underwriting Chief Details Tech’s Role in Workers’ Comp

A.M. Best Company, Inc. — Wed, 21 Jan 2026 09:02:55 +0000

Technology is playing a part in improving workplace safety and acting as a constraint in workers’ compensation premiums, according to Paul Zamora, ICW Group’s chief underwriting officer, commercial lines.

One Inc’s Owen: Payments, Choice, Communication Build Trust for Auto Insurers

A.M. Best Company, Inc. — Tue, 20 Jan 2026 07:00:47 +0000

Sarah Owen, chief product officer, One Inc, discusses new research that shows how speed, flexibility and clear communication in the auto claims payment experience are becoming decisive drivers of customer trust and long-term loyalty for insurers.

SIAA’s Shah: How Business Intelligence Is Reshaping Insurance Distribution

A.M. Best Company, Inc. — Mon, 19 Jan 2026 07:00:23 +0000

Chief Data Officer Anurag Shah, SIAA, explains how agents and brokers can avoid common data missteps, leverage real-time business intelligence and turn rapid technological change into a competitive advantage.

AM Best’s Briefing – 2026 Insurance Outlook: Risk Management Back in the Spotlight

A.M. Best Company, Inc. — Fri, 16 Jan 2026 07:00:22 +0000

Senior AM Best analytical staff walk through the 2026 outlooks and the global, economic, social and technological trends that are shifting the industry and key factors expected to shape results in 2026. (Event Date: December 9, 2025)

LexisNexis Report: Homeowners Insurance Losses Hit Seven-Year Highs on Weather Risks

A.M. Best Company, Inc. — Thu, 15 Jan 2026 07:00:00 +0000

George Hosfield, vice president, Home Insurance, LexisNexis, discusses key findings from the 2025 LexisNexis Home Trends Report, examining rising loss severity, surging catastrophe claims and what intensifying weather-driven risks mean for homeowners insurers.

Allianz’s Wedin: D&O Claims Pressure Grows as Geopolitics, Cyberrisk, Insolvencies Intensify

A.M. Best Company, Inc. — Wed, 14 Jan 2026 07:00:13 +0000

Eric Wedin, head of North America financial lines, Allianz Commercial, discusses findings from the company’s latest D&O Insurance Insight Report, examining how geopolitical instability, cyber incidents, and other global factors are reshaping directors and officers liability exposures heading into 2026.

Verisk Maplecroft’s Soltvedt: Insurers Should Prepare for Rising Civil Unrest Risk in 2026

A.M. Best Company, Inc. — Tue, 13 Jan 2026 07:00:41 +0000

Torbjorn Soltvedt, associate director of political violence, Verisk Maplecroft, explains how growing political polarization, fiscal strain and the amplified role of social media are driving a global increase in disruptive protests, with commercial property increasingly targeted.

Xceedance’s MacMillian: Six AI-Driven Technology Trends to Shape Insurance in 2026

A.M. Best Company, Inc. — Mon, 12 Jan 2026 14:02:58 +0000

Xceedance Americas President Travis MacMillian outlines six key technology trends, including real-time underwriting, that are redefining insurer operations, governance and customer engagement in 2026.

Everest's Williamson: Reinsurance Prices Set to Ease After Years of Sharp Increases

A.M. Best Company, Inc. — Fri, 09 Jan 2026 07:00:48 +0000

Jim Williamson, president and CEO, Everest Group, said reinsurance pricing expected to decline moderately in 2026, with ample capacity from major carriers. Williamson spoke with AM Best TV at the Cayman Captive Forum 2025.

Crowe's Hindson: Climate Risk Models Fall Short on Transition, Litigation Risks

A.M. Best Company, Inc. — Thu, 08 Jan 2026 07:00:30 +0000

Alex Hindson, partner and head of sustainability, Crowe UK, said models for transition and litigation risks don't exist, forcing reliance on scenario analysis. Hindson spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

PwC's del Re: Climate Risk Extends Far Beyond Property Damage

A.M. Best Company, Inc. — Wed, 07 Jan 2026 07:00:02 +0000

Domenico del Re, director, sustainability, PwC United Kingdom, said climate impacts will extend across food systems, health care and water scarcity. He spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Marsh's Barnes: Climate Risks Spur Activity for Energy Underwriters

A.M. Best Company, Inc. — Tue, 06 Jan 2026 07:00:07 +0000

Amy Barnes, head of climate and sustainability strategy and head of energy and power, Marsh, said climate risks impact traditional property lines while energy underwriters capture opportunities. Barnes spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

U. of Cape Town’s Marais: Abnormal Stock Returns Signal Shifts in Property Liability

A.M. Best Company, Inc. — Mon, 05 Jan 2026 07:00:48 +0000

JC Marais, faculty, African Institute of Financial Markets and Risk Management, University of Cape Town, discusses his research on how insurer capital and market shifts shape the property-liability underwriting cycle that influences pricing, risk and profitability.

AM Best: Insurers Adjust Investment Strategies to Navigate Interest Rate Uncertainty

A.M. Best Company, Inc. — Fri, 02 Jan 2026 07:00:26 +0000

Tim Prince and Eli Sanchez, both of AM Best, said rated insurers are rebalancing investment portfolios. They spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Lockton Re’s Gardner: Reinsurance, AI, Volatility Converge

A.M. Best Company, Inc. — Thu, 01 Jan 2026 07:00:50 +0000

Lockton Re CEO Tim Gardner discusses softening markets, client value, AI’s impact and navigating global volatility. Gardner spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

Africa Re's Karekezi: Growth Steady as Continental Markets Mature Beyond Infrastructure Focus

A.M. Best Company, Inc. — Wed, 31 Dec 2025 07:00:32 +0000

Corneille Karekezi, group managing director and CEO, Africa Re, cited diversification into motor, imports and electric vehicles. Karekezi spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

Aspen's Cloutier: Social Inflation, Climate Risks Keep Reinsurance Rates Elevated

A.M. Best Company, Inc. — Tue, 30 Dec 2025 07:00:43 +0000

Mark Cloutier, chairman & CEO, Aspen, said climate risk and social inflation help maintain pricing discipline in reinsurance markets despite cycle pressures. Cloutier spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

AM Best's Carter: Insurance Credit Quality Improves for Second Year

A.M. Best Company, Inc. — Mon, 29 Dec 2025 07:00:14 +0000

Greg Carter, managing director, analytics, AM Best, said higher interest rates helped insurers' investment returns and profit retention. Carter spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

GIC's Mokashi: Innovation Must Focus on Affordability, Not Just New Products

A.M. Best Company, Inc. — Fri, 26 Dec 2025 07:00:03 +0000

Sanjay Mokashi, general manager and chief underwriting officer, GIC, said closing India's protection gap requires redesigning existing insurance products. Mokashi spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

AM Best: Captive Insurance Companies Face Revised Evaluation Criteria

A.M. Best Company, Inc. — Thu, 25 Dec 2025 07:00:54 +0000

Kanika Thukral and Konstantin Langowski, both of AM Best, said captive criteria revisions clarify analytical language without impacting existing ratings. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

AM Best: Solvency II Rules Drive Risk Management Gap Among Markets

A.M. Best Company, Inc. — Wed, 24 Dec 2025 07:00:00 +0000

Dale Kirby and Andrea Porta, both of AM Best, said a greater share of European insurers meet Solvency II standards compared with carriers in Africa and the Middle East. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Fidelis Partnership's Mathias: Lloyd's Syndicate Growth Signals Shift

A.M. Best Company, Inc. — Tue, 23 Dec 2025 07:00:17 +0000

Charles Mathias, group executive director and group director of underwriting, The Fidelis Partnership, said different capacity providers allows more diversification of risk. Mathias spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

AM Best: Insurance Failures Often Display Similar Warning Signs

A.M. Best Company, Inc. — Mon, 22 Dec 2025 07:00:27 +0000

Valeria Ermakova and Stan Stoev, both of AM Best, comment that research across markets and segments shows consistent failure patterns, although the risk environment remains dynamic. They spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

MS Amlin’s Burke: It's Not Just About the Notes You Play, but the Notes You Don't Play

A.M. Best Company, Inc. — Fri, 19 Dec 2025 07:00:44 +0000

Martin Burke, chief underwriting officer, MS Amlin, said when looking at aggregations, you must be comfortable with your stance in the end. Burke spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

AM Best TV's Program Business 2.0 Panel at WSIA: Industry Leaders See Trend Toward More Transparent Data

A.M. Best Company, Inc. — Thu, 18 Dec 2025 07:00:26 +0000

HSB's Sebastien Bert, DOXA's Zach Burdine, Brace Underwriting's Glenn Dorr and Allianz Commercial's Julie Gibbs discuss how MGAs are using “data orchestration” to expedite implementing programs. They spoke with AM Best TV at the WSIA Annual Marketplace in San Diego.

IGI's Jabsheh Sees Geographic Disparities in Insurance Market Recovery

A.M. Best Company, Inc. — Wed, 17 Dec 2025 07:00:10 +0000

Waleed Jabsheh, CEO, International General Insurance, notes varied recovery across markets, with regions such as the Middle East failing to benefit from hardening conditions. Jabsheh spoke with AM Best TV at the Rendez-Vous de Septembre in Monte Carlo.

Podcast Host: The Insurance Covered Podcast Strives to Make Risk Engaging

A.M. Best Company, Inc. — Tue, 16 Dec 2025 07:00:35 +0000

Peter Mansfield, an insurance lawyer and partner at Reynolds Porter Chamberlain, shares how his digital audio program brings the insurance world to life.

Dale Underwriting CEO Warns of Deteriorating Trends Despite Strong Market Results

A.M. Best Company, Inc. — Mon, 15 Dec 2025 07:00:03 +0000

Duncan Dale, CEO, Dale Underwriting Partners, said that while the reinsurance market has enjoyed two strong years, underlying claims data reveals worsening trends. Dale spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

AM Best: Protectionist Policies Threaten Global Reinsurance Markets

A.M. Best Company, Inc. — Fri, 12 Dec 2025 07:00:12 +0000

Angela Yeo and Mahesh Mistry, AM Best, said requirements forcing reinsurance in local markets are spreading from emerging to developed economies. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

JD Power’s Martin: What Insurance Customers Really Think About AI

A.M. Best Company, Inc. — Thu, 11 Dec 2025 07:00:22 +0000

Craig Martin, managing director and global head of wealth & lending intelligence, J.D. Power, explains new findings on consumer hopes and concerns surrounding insurers’ growing use of artificial intelligence.

Conning’s Dobbins Forecasts Strong but Slowing P/C Growth as Catastrophe Losses and Inflation Shape 2025–2027 Outlook

A.M. Best Company, Inc. — Wed, 10 Dec 2025 07:00:33 +0000

Alan Dobbins, director of insurance research at Conning outlines decelerating premium growth, persistent catastrophe pressures, moderating inflation, and steady investment income as the key forces defining the property/casualty insurance sector’s performance over the next several years.

North Carolina's Gorman: Cyberthreats, Disasters Fuel Corporate Interest in Self-Insurance

A.M. Best Company, Inc. — Tue, 09 Dec 2025 07:00:07 +0000

Lori Gorman, deputy insurance commissioner, North Carolina, said harder markets and emerging risks are spurring companies to seek customized coverage. Gorman spoke with AM Best TV at the Vermont Captive Insurance Association Conference, Burlington.

Common Cases Prevalent in Real Estate Errors & Omissions (E&O) Claims

A.M. Best Company, Inc. — Mon, 08 Dec 2025 07:00:35 +0000

Expert Service Provider examines Real Estate E&O Claims and reducing risk factors.

U. of SC’s Niehaus: Tax Regimes Reshape Insurer Strategy

A.M. Best Company, Inc. — Fri, 05 Dec 2025 07:00:46 +0000

Gregory Niehaus, professor of finance and insurance, University of South Carolina’s Darla Moore School of Business, discusses how taxes shape insurers’ capital, investment strategy and competitiveness, including offshore structures.

DXC Technology’s Pieroni: Agentic AI To ‘Eliminate Laggards and Accelerate Leaders’

A.M. Best Company, Inc. — Thu, 04 Dec 2025 07:00:14 +0000

Bill Pieroni, global AI, strategy and growth leader at DXC Technology, says the insurance sector has reached a tipping point in the use of technology, process and organizational innovation to propel use of artificial intelligence that will “eliminate laggards and accelerate leaders.” Pieroni spoke with AM Best TV at the InsureTech Connect 2025 conference, Las Vegas.

kWh Analytics CEO: Resilient Renewable Assets Offer Insurers New Risk, Pricing Opportunities

A.M. Best Company, Inc. — Wed, 03 Dec 2025 07:00:17 +0000

Jason Kaminsky, CEO, kWh Analytics, discusses how resilient renewable energy assets, built with smart design and proactive management, help insurers differentiate risk and improve coverage for extreme weather events.

TransUnion’s Foy: Customer Demands, Cyberrisk, Digital Engagement Drive 2026 Insurance Trends

A.M. Best Company, Inc. — Tue, 02 Dec 2025 07:00:52 +0000

Patrick Foy, senior director, strategic planning, TransUnion’s insurance business, discusses how evolving customer expectations and digital demands are reshaping commercial insurance heading into 2026.

Johnson Lambert’s Fuge: How Insurers Can Prep for the Next Wave of Automation, Analytics

A.M. Best Company, Inc. — Mon, 01 Dec 2025 07:00:47 +0000

Johnson Lambert’s Chief Innovation Officer Dave Fuge explained how insurers can strengthen data quality, redesign workflows, and balance innovation with governance to fully harness the power of AI.

Lancashire's Maloney Advises 'Cycle Discipline' as Insurance Markets Face New Pressures

A.M. Best Company, Inc. — Fri, 28 Nov 2025 07:00:21 +0000

Alex Maloney, group CEO, Lancashire Group, points to accepting market cycles, building strong relationships, and avoiding quick fixes as competition intensifies. Maloney spoke with AM Best TV at the Rendez-Vous de Septembre in Monte Carlo.

Peak Re CEO: Insurance Sector Aims to Catch Up With Asia’s Rapid Growth

A.M. Best Company, Inc. — Thu, 27 Nov 2025 07:00:31 +0000

Peak Re CEO Franz Hahn says India’s market is the “most interesting” in Asia, as demographics and technology shape each Asian economy as the insurance sector seeks to catch up with this fast-growing region. Hahn spoke with AM Best TV at the 21st Singapore International Reinsurance Conference.

From Incident to Analysis: The Science of Human Factors Investigations

A.M. Best Company, Inc. — Wed, 26 Nov 2025 07:00:12 +0000

An Nguyen from Expert Service Provider S-E-A discusses how Human Factors Analysis is typically conducted and how it is used in forensic investigations.

Combatting Nuclear Verdicts in Plaintiff-Friendly Jurisdictions

A.M. Best Company, Inc. — Tue, 25 Nov 2025 07:00:55 +0000

Attorneys John “Jack” Delany, Gary Samms and John Hare, from Qualified Member law firm Marshall Dennehey discuss the best approaches for attorneys to prevent nuclear verdicts in the courtroom.

LIMRA’s Golembiewski: Annuity Sales Surge as Investors Seek Guaranteed Retirement Income

A.M. Best Company, Inc. — Mon, 24 Nov 2025 07:00:14 +0000

Keith Golembiewski, AVP, director, annuity research, LIMRA, discusses 2025 growth in registered index-linked and variable annuities, driven by market volatility and guaranteed income demand, with overall annuity sales projected over $450 billion.

MS Reinsurance CEO: Underwriting Discipline Key in Shifting Market

A.M. Best Company, Inc. — Fri, 21 Nov 2025 07:00:44 +0000

Robert Wiest, CEO, MS Reinsurance, discusses reinsurance trends, the importance of underwriting discipline and strategies for managing risk in a changing market. Wiest spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

Beat Capital’s Cavanagh: MGAs Evolve Into Leaders

A.M. Best Company, Inc. — Thu, 20 Nov 2025 07:00:58 +0000

John Cavanagh, co-founder, Beat Capital Partners, discusses how managing general agents matured into underwriting leaders, specialty growth, client focus and responses to emerging risks. Cavanagh spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

HUB’s Bot: Rising Specialty Drugs, Inflation Challenge Employer Benefits

A.M. Best Company, Inc. — Wed, 19 Nov 2025 07:00:21 +0000

Kirsten Bot, national director, actuarial services and financial consulting, HUB International, discusses emerging trends in benefits and how proactive strategies can curb medical and pharmaceutical inflation.

IIABA’s Riedel: Social Inflation Drives Premium Pressure, Market Shifts for Agents

A.M. Best Company, Inc. — Tue, 18 Nov 2025 07:00:38 +0000

Nathan Riedel, SVP, federal government affairs, Independent Insurance Agents & Brokers of America, discusses how social inflation and litigation funding drive claims costs and premiums, and how agents can educate clients and advocate for reforms.

MapleTech’s Blackley: Company Balancing AI Innovation With Human Connection

A.M. Best Company, Inc. — Mon, 17 Nov 2025 07:00:07 +0000

Matt Blackley, president and CEO, MapleTech, discusses how the company is leveraging AI, cloud-native platforms and intelligent automation to transform insurance operations while keeping client relationships and human trust at the forefront.

Trees Pose Hidden Threat to Hurricane Resilience, Alabama Research Shows

A.M. Best Company, Inc. — Fri, 14 Nov 2025 07:00:15 +0000

Lawrence “Lars” Powell, director, Alabama Center for Insurance Information & Research, University of Alabama, said a study has found that trees caused nearly half of Hurricane Sally claims, even in fortified homes. Powell spoke with AM Best TV at the 130th annual NAMIC convention, San Diego.

CAC’s Baseman: Casualty Pressures, Cyberrisks Shape Insurance Strategies for 2026

A.M. Best Company, Inc. — Thu, 13 Nov 2025 07:00:12 +0000

Nate Baseman, head of data and technology, CAC Group, discusses the company’s third-quarter market update and the latest trends and challenges insurers face heading into 2026.

Author: Embracing Change, People-First Innovation Drive Industry Transformation

A.M. Best Company, Inc. — Wed, 12 Nov 2025 07:00:13 +0000

Innovation and transformation coach Ibeth Ayala discusses in her book “No Risk No Fun: The Human Side of Innovation in Insurance” how people-centered leadership helps insurance leaders conquer fear, unlock creativity and lead change.

Supercede's Rose: Reinsurance Industry's AI Ambitions Clash With Data Reality

A.M. Best Company, Inc. — Tue, 11 Nov 2025 07:00:15 +0000

Ben Rose, co-founder and president of reinsurtech Supercede, said firms lose time pulling data from inconsistent spreadsheets, highlighting the need for cleaner information. Rose spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

Travelers: Bridging Cyber Awareness and Action Through Risk Intelligence and Proactive Services

A.M. Best Company, Inc. — Mon, 10 Nov 2025 07:00:32 +0000

John Menefee, enterprise cyber lead, and Lauren Winchester, head of cyber risk services, both of Travelers, discuss key findings of the 2025 Travelers Risk Index, which shows cyberthreats are the top concern for businesses.

Oklahoma's Kinion: Protected Cell Captive Assigned an AM Best Rating

A.M. Best Company, Inc. — Fri, 07 Nov 2025 14:30:57 +0000

Steve Kinion, captive insurance director, Oklahoma Insurance Department, said OneNexus Insurance was assigned an AM Best Credit Rating. Kinion spoke with AM Best TV at the 2025 Vermont Captive Insurance Association Conference, Burlington.

Guardian’s Lanzoni: Great Wealth Transfer Underscores Need to Boost Financial Confidence in Younger Generations

A.M. Best Company, Inc. — Thu, 06 Nov 2025 07:00:55 +0000

Gene Lanzoni, head of enterprise content at Guardian Life, discusses how insurers can help Americans build financial confidence through life insurance, annuities and long-term planning, along with the importance of seeking out professional guidance.

SPFM’s Koppelmann: Natural Disasters Highlight Need for Federal Support, Risk Innovation

A.M. Best Company, Inc. — Wed, 05 Nov 2025 07:00:24 +0000

William Koppelmann, president and CEO, Standard Premium Finance Management Corp., discusses how federal disaster programs, AI and resilient infrastructure can help insurers manage risk, stabilize premiums and better serve communities.

How a Former Underwriter Turned Her Love of History Into a Podcast

A.M. Best Company, Inc. — Tue, 04 Nov 2025 07:00:05 +0000

Meredith Brasher, insurance underwriter turned actor and podcast host shares how a quest to perfect her accent during lockdown unexpectedly evolved into “Insurance vs. History,” a podcast that uncovers how insurance has shaped pivotal moments from the Atlantic slave trade to the terror attacks on 9/11.

Issues & Answers: A Safer Future at Work

A.M. Best Company, Inc. — Mon, 03 Nov 2025 07:00:43 +0000

Dale Hoppe, vice president, workers’ compensation programs, Nationwide E&S/S, said that partnering with return-to-work experts has shown that getting an employee back to work quickly and safely is both psychologically and economically beneficial after an injury.

FSU Research Examines How Insurers Adapt After Catastrophic Disasters

A.M. Best Company, Inc. — Fri, 31 Oct 2025 06:00:47 +0000

Professors Patricia Born and Dana Telljohann discuss a Florida State University study on how insurers adjust coverage, filings, and regulatory engagement in response to severe natural disasters, highlighting implications for market stability, policyholders, and the evolving risks of climate change

Axis Capital’s Tan: Balancing Risk, Technology, Talent in a Transforming Casualty Market

A.M. Best Company, Inc. — Thu, 30 Oct 2025 06:00:42 +0000

Anna Tan, head of wholesale casualty, Axis Capital, said persistent loss pressures, evolving AI-driven operations and deepening broker specialization are reshaping casualty insurance.

The Mutual Group’s Bansal: Mutuals Haven’t Missed the AI Moment

A.M. Best Company, Inc. — Wed, 29 Oct 2025 06:00:38 +0000

Vineet Bansal, chief Information and technology officer, The Mutual Group, said mutual insurers can still gain a competitive edge with AI if they focus first on strong core systems, quality data and trust-centered implementation.

ACORD Study Reveals Keys to Superior Performance in US Specialty Insurance Market

A.M. Best Company, Inc. — Tue, 28 Oct 2025 06:00:04 +0000

Dave Sterner, senior vice president, research & development, ACORD, said top-performing specialty insurers excel through data-driven decision-making, strong distribution partnerships and incremental innovation.

JD Power’s Martin: Agents Say Insurers Still Miss the Mark on Communication, Flexibility

A.M. Best Company, Inc. — Mon, 27 Oct 2025 06:00:21 +0000

Craig Martin, executive director, insurance intelligence, J.D. Power, discusses findings from a 2025 Independent Agent Satisfaction Study showing despite an improving market, many agents feel underserved by carriers, citing poor communication, unclear risk appetites and a lack of partnership.

Author: Digital Innovation, Data Drive Insurance Forward

A.M. Best Company, Inc. — Fri, 24 Oct 2025 06:00:29 +0000

In the latest edition of his book “Inside the Insurance Industry,” Risk and Insurance Services Consulting President Kevin Glaser discusses how data, AI and shifting risks are transforming insurance and reshaping how insurers serve customers.

Zywave's 2025 Employer Survey Reveals an Escalating Risk Trajectory

A.M. Best Company, Inc. — Thu, 23 Oct 2025 06:00:47 +0000

Brendan Zyvoloski, manager of P&C content and Jamie Nelson, senior director, both of Zywave, discuss findings from the 2025 Broker Services Survey, highlighting how brokers must move beyond transactions to become trusted advisers through proactive communication, tailored risk management, and data-driven client support.

Munich Re’s Tucker Sees Growth Opportunities in Marine, Cyber Lines Amid Market Shifts

A.M. Best Company, Inc. — Wed, 22 Oct 2025 06:00:54 +0000

Ben Tucker, CUO, Munich Re Specialty Global Markets in North America, discusses expanding marine and cyber business lines, the evolving underwriting landscape, and how emerging technologies like AI are reshaping risk and opportunity.

Everest’s Buonpane: E&S Market’s Flexibility Key to Navigating Industry Volatility

A.M. Best Company, Inc. — Tue, 21 Oct 2025 06:00:23 +0000

Stephen Buonpane, president, Everest Evolution, explains that innovation, AI adoption and talent development are critical for excess & surplus insurers seeking to thrive amid social inflation, complex risks and rapid market change.

Marsh’s Berninger: Proactive Cyber Planning Emerges as Key to Lowering Breach Risks

A.M. Best Company, Inc. — Mon, 20 Oct 2025 06:00:15 +0000

Matthew Berninger, principal cyber analyst at Marsh McLennan’s Cyber Risk Intelligence Center, explains how regular incident-response exercises and robust control implementation strengthen recovery from cyberattacks and correlate with fewer and less severe breach-related claims.

LexisNexis’ Batra: Consumer Auto Insurance Shopping Surges

A.M. Best Company, Inc. — Fri, 17 Oct 2025 06:00:30 +0000

Reena Batra, vice president, data science, LexisNexis Risk Solutions, explains how falling rates, regional dynamics and direct digital channels are fueling a sharp rise in U.S. auto insurance shopping, with retention challenges pushing insurers to adopt more data-driven, customer-focused strategies.

Nauto’s Heck: AI Fleet Safety Tech Targets Nuclear Verdicts, Trucking Costs

A.M. Best Company, Inc. — Thu, 16 Oct 2025 06:00:40 +0000

Stefan Heck, founder and CEO, Nauto, explains how AI driver monitoring and predictive safety tools are helping fleets cut collisions, protect against multimillion-dollar verdicts and ease mounting insurance and labor pressures in the commercial trucking sector.

MetLife Pet CEO: Lifestyle Factors Drive Sector’s Rapid Growth

A.M. Best Company, Inc. — Wed, 15 Oct 2025 06:00:15 +0000

Brian Jorgensen, CEO of MetLife’s pet insurance business, details the growth of that business line and how its mobile app can help with pet care including, veterinary telehealth.

Insurtech Guru: AI Investment Failures Driven by Not Embracing Corporate Culture

A.M. Best Company, Inc. — Tue, 14 Oct 2025 06:00:13 +0000

Sabine VanderLinden, managing partner & CEO of venture lab Alchemy Crew, says AI spending is wasted when companies don’t prepare staff for tech launches.

AM Best's Magro: Rate Hikes Pay Off for Mutual Insurers as Loss Ratios Improve

A.M. Best Company, Inc. — Mon, 13 Oct 2025 06:00:56 +0000

Lauren Magro, financial analyst, AM Best, said mutual insurers' premium growth is outpacing rising loss costs and driving improved loss ratios. Magro spoke with AM Best TV at the 130th annual NAMIC convention, San Diego.

McKinsey Report: AI Set to Reshape Asset Management With Transformative Efficiency Gains

A.M. Best Company, Inc. — Fri, 10 Oct 2025 06:00:33 +0000

Raj Bector, senior partner, and Piyush Sharma, partner, both of McKinsey & Company, explain how AI could cut costs by up to 40%, shift roles from “doers to reviewers,” and create a competitive divide between firms that embrace full-scale transformation and those that fall behind.

LIMRA’s Hodgens: Combination Life and Long-Term Care Products Gain Momentum

A.M. Best Company, Inc. — Thu, 09 Oct 2025 06:00:50 +0000

Bryan Hodgens, senior vice president and head of LIMRA research, explains why standalone long-term care coverage remains scarce, and how hybrid products are emerging as key solutions to help families and younger consumers manage rising caregiving and retirement risks.

Issues & Answers: Stronger Ops Equal Smarter AI

A.M. Best Company, Inc. — Tue, 07 Oct 2025 06:00:22 +0000

Subramanian Sankaran, chief operating officer at Xceedance, said artificial intelligence is a multiplier, and if operations are fragile, AI multiplies fragility.”

Issues & Answers: Yield of Dreams

A.M. Best Company, Inc. — Tue, 07 Oct 2025 06:00:15 +0000

Amar Reganti, managing director and fixed income and global insurance strategist at Wellington Management, said insurers enjoy the benefits of higher yields right now, but they should also make sure they are getting diversification across their entire spectrum of investments.

Issues & Answers: Broker Relationships

A.M. Best Company, Inc. — Mon, 06 Oct 2025 06:00:41 +0000

Aaron Hillebrandt, principal and consulting actuary for Pinnacle Actuarial Resources, spoke with Best’s Review about the importance of brokers and broker relationships.

The Institutes’ Predict & Prevent Podcast Focuses on the Future of Risk

A.M. Best Company, Inc. — Fri, 03 Oct 2025 06:00:54 +0000

Through the Predict & Prevent podcast, Peter Miller, president and CEO, The Institutes, spotlights how data, AI and collaborative innovation can help the insurance industry move beyond risk transfer to proactive resilience and loss prevention.

Unlocking Value From Driving-Violation Data

A.M. Best Company, Inc. — Thu, 02 Oct 2025 06:00:17 +0000

Tim Grant, AVP auto insurance, LexisNexis Risk Solutions, explains how advanced segmentation and violation insights help insurers price risk, boost retention and improve road safety.

Gallagher Re’s van Wegen: Global Reinsurance Capital Hits $805B Amid Strong ROE, Rising Cat Losses

A.M. Best Company, Inc. — Wed, 01 Oct 2025 06:00:13 +0000

Michael van Wegen, head of client and market insights international, Gallagher Re Global Strategic Advisory, discusses how reinsurers are balancing strong returns with rising catastrophe losses and market headwinds.

PRMA’s Delaney: High-Net-Worth Homeowners Confront New Risks as Insurance Needs Evolve

A.M. Best Company, Inc. — Tue, 30 Sep 2025 06:00:35 +0000

Diane Delaney, executive director, Private Risk Management Association, discusses how insurers can guide affluent homeowners in managing coverage gaps and preparing for evolving risks.

AM Best’s Modica: Breaking Down the Fed’s First Rate Cut Since 2024

A.M. Best Company, Inc. — Mon, 29 Sep 2025 06:00:41 +0000

Ann Modica, AM Best director of credit rating, criteria, research & analytics, unpacks the significance of the Federal Reserve’s latest rate cut, key takeaways from its projections, and how shifting payroll data and tariffs may complicate policy ahead.

Author: Selling Success Starts With Strategy, Not Just Leads

A.M. Best Company, Inc. — Fri, 26 Sep 2025 06:00:07 +0000

In his book, “Sell Like a Pro,” Daniel Sarappo, a broker at Retirement Planning Specialists, discusses how building trust, mastering products and creating referral-driven systems are keys for agents to thrive in today’s competitive insurance market.

Addressing the Gaps in US Disaster Insurance: A Call for Public Sector Innovation

A.M. Best Company, Inc. — Thu, 25 Sep 2025 06:00:22 +0000

Jay Feinman, professor emeritus at Rutgers Law School, discusses the structural failures in disaster insurance markets, the growing impact of climate change and the critical role of government in creating resilient, equitable coverage.

Beagle Services’ CEO: Insurers Brace for Rising Non-Weather Water Damage Losses as Storms Intensify

A.M. Best Company, Inc. — Wed, 24 Sep 2025 06:00:43 +0000

Paul Vacquier, CEO, Beagle Services, discusses why non-weather water damage remains a top property loss for insurers, how evacuations worsen claims and how technology can help reduce preventable losses.

KCC’s Clark: Hurricane Landfall Location, Not Frequency, Drives $100B Losses

A.M. Best Company, Inc. — Tue, 23 Sep 2025 06:00:00 +0000

Karen Clark, co-founder and CEO, Karen Clark & Co., discusses why the United States remains vulnerable to a $100 billion hurricane, with rising coastal property values amplifying exposure risks for insurers.

Faith, Family and Risk Shape Brian Duperreault’s Legacy in Insurance Leadership

A.M. Best Company, Inc. — Mon, 22 Sep 2025 06:00:07 +0000

In the book Faith & Purpose, industry veteran Brian Duperreault shares lessons from five decades in insurance, reflecting on crisis leadership, innovation and the enduring role of purpose and integrity.

Insurers Adapt to Fully Digital Statutory Reporting

A.M. Best Company, Inc. — Fri, 19 Sep 2025 06:00:56 +0000

Lauren Darr, partner, Johnson Lambert, shares how electronic-only statutory filing is reshaping statement preparation for insurers.

Amwins’ Nuest: Transportation Market Pressures Drive New Risk Strategies for Insurers

A.M. Best Company, Inc. — Thu, 18 Sep 2025 06:00:41 +0000

Jennifer Nuest, SVP, transportation practice leader, Amwins, discusses how rising costs, capacity pressures and legal risks are challenging transportation insurers and how technology is helping to reshape strategies.

F&G’s Blunt: Americans Rethinking Retirement as Inflation, Uncertainty Persist

A.M. Best Company, Inc. — Wed, 17 Sep 2025 06:00:11 +0000

F&G CEO Chris Blunt discusses the company’s Retirement Reconsidered survey, which reveals that 70% of Americans over 50 are delaying retirement or even returning to the workforce.

Philadelphia Cos.’ Skiles: The Ease of Doing Business in Insurance

A.M. Best Company, Inc. — Tue, 16 Sep 2025 06:00:35 +0000

Brent Skiles, SVP of insurance operations, Philadelphia Insurance Cos., shares how insurers can streamline process, leverage technology and balance efficiency with strong underwriting discipline.

MGAA’s Keating: MGA Market Growth Reshapes P/C Landscape

A.M. Best Company, Inc. — Mon, 15 Sep 2025 06:00:01 +0000

Managing General Agents’ Association CEO Michael Keating discusses how MGAs are fueling industry growth, advancing innovation and deepening collaboration across the insurance market.

Modeling Unrest: Insurers Grapple With Rising SRCC Risks

A.M. Best Company, Inc. — Fri, 12 Sep 2025 06:00:35 +0000

Sam Haynes, vice president of data analytics at Verisk Maplecroft, discusses how political violence and civil unrest are reshaping insurance portfolios, highlighting new analytic tools such as the first U.S. Strikes, Riots, and Civil Commotion catastrophe model.

How the Insurance Nerds Podcast Is Putting Heart, Humor, and Insight Into Insurance

A.M. Best Company, Inc. — Thu, 11 Sep 2025 06:00:57 +0000

The self-described "Insurance Nerds," Nick Lamparelli and Tony Cañas, share the origin, growth, and enduring impact of the Profiles in Risk podcast, a grassroots platform that has educated, entertained, and influenced a generation of insurance professionals through authentic storytelling and passionate industry advocacy.

J.D. Power Study Highlights Service as Key Driver in Small Commercial Insurance Retention

A.M. Best Company, Inc. — Wed, 10 Sep 2025 06:00:41 +0000

Stephen Crewdson, senior director of global insurance intelligence at J.D. Power, said rising premiums are challenging small commercial insurers, but service quality, communication and understanding customers’ businesses are now the top factors keeping clients loyal.

Philadelphia Cos.’ Skiles: The Ease of Doing Business in Insurance

A.M. Best Company, Inc. — Tue, 09 Sep 2025 15:00:16 +0000

Brent Skiles, SVP of insurance operations, Philadelphia Insurance Cos., shares how insurers can streamline process, leverage technology and balance efficiency with strong underwriting discipline.

Travelers’ Murphy: Universities Face Heightened Governance, Liability Pressures

A.M. Best Company, Inc. — Tue, 09 Sep 2025 06:00:31 +0000

Nicole Murphy, nonprofit directors and officers liability product manager, Travelers, outlines the key risks facing higher education leaders, including funding shortfalls, donor scrutiny, campus unrest and governance challenges

NFP’s Smith: NIL Deals Redefine Risk in College Athletics

A.M. Best Company, Inc. — Mon, 08 Sep 2025 06:00:52 +0000

Kevin Smith, senior vice president, NFP, said that with multimillion-dollar "name, image and likeness” contracts raising the stakes, traditional malpractice coverage is proving inadequate as schools, physicians, and conferences face mounting legal and financial exposures.

Terra CEO: AI, Cloud Tech Reshape Claims and Workers’ Comp as Insurers Modernize

A.M. Best Company, Inc. — Fri, 05 Sep 2025 06:00:31 +0000

Terra CEO and Co-Founder James Benham discusses the power of AI and automation in reducing manual tasks, improving decision-making and reshaping the future of workers’ compensation.

Issues & Answers: E&S Builds Upward

A.M. Best Company, Inc. — Thu, 04 Sep 2025 06:00:15 +0000

Steven Rodriguez, vice president of Philadelphia Insurance Companies E&S, said that construction has been a standout and now makes up about 60% of their book of business.

Issues & Answers: E&S 2.0

A.M. Best Company, Inc. — Wed, 03 Sep 2025 06:00:32 +0000

Travis MacMillian, president – Americas at Xceedance, said that E&S market participants today are more open than ever to alternative distribution strategies.

Issues & Answers: Mutual Benefits

A.M. Best Company, Inc. — Tue, 02 Sep 2025 06:00:23 +0000

David Nelson, executive vice president for E&S Wholesale at Nationwide, said the company’s strategic priorities are enhancing the customer experience, delivering with operational excellence, and managing the business for sustained financial strength and stability.

AM Best: World's 50 Largest Reinsurers

A.M. Best Company, Inc. — Mon, 01 Sep 2025 06:00:08 +0000

Reinsurer rankings shift as Swiss Re implements IFRS 17, according to a new Best's Market Segment Report. Chris Pennings, financial analyst, AM Best, discusses the research.

Educating Florida and the World About Insurance, One Podcast at a Time

A.M. Best Company, Inc. — Fri, 29 Aug 2025 06:00:32 +0000

Lisa Miller, founder of the Florida Insurance Roundup podcast, shares how decades of public service and private sector leadership inspired a mission to demystify insurance, champion resilience, and give voice to the issues shaping Florida’s market.

McKinsey’s Catlin: Generative AI Drives Efficiency, Enhances Customer Experience in Insurance

A.M. Best Company, Inc. — Thu, 28 Aug 2025 06:00:01 +0000

Tanguy Catlin, a senior partner at McKinsey & Co., discusses how insurers can boost performance by integrating AI across operations, focusing on workflow redesign, technology reuse and strong leadership to ensure successful adoption.

New Research Shows Leave Management, AI Are Reshaping the Future of Workplace Benefits

A.M. Best Company, Inc. — Wed, 27 Aug 2025 06:00:31 +0000

EY America's Life and Group Insurance Transformation Leader, Chris Morbelli, breaks down the latest LIMRA-EY Workplace Benefits Report, highlighting how rising costs, a shifting workforce and growing demand for wellness and leave solutions are driving a transformation for brokers, carriers and employers.

Guardian’s Lanzoni: Financial Stress Boosts Demand for Holistic Wellness Solutions

A.M. Best Company, Inc. — Tue, 26 Aug 2025 06:00:45 +0000

Gene Lanzoni, head of enterprise content, Guardian Life, discusses how rising financial stress is driving insurers to offer holistic mental, physical and financial wellness solutions.

20 Years After Katrina: How the Storm Reshaped Insurance Risk Management

A.M. Best Company, Inc. — Mon, 25 Aug 2025 06:00:02 +0000

David Blades, associate director, AM Best, reflects on the lessons Hurricane Katrina taught the insurance industry, leading to advancements in catastrophe modeling, underwriting practices and public-private partnerships.

LexisNexis: AI and Data Take the Lead in Stabilizing a Volatile Home Insurance Market

A.M. Best Company, Inc. — Fri, 22 Aug 2025 06:00:36 +0000

George Hosfield, VP and GM of home insurance, and Tanner Sheehan, VP and GM of U.S. claims, LexisNexis Risk Solutions discuss how advanced technology, evolving consumer expectations, and smarter partnerships are reshaping home insurance strategies from underwriting to claims.

NCCI Podcast Explores Correlation Between Labor Statistics and Workers’ Comp

A.M. Best Company, Inc. — Thu, 21 Aug 2025 06:00:53 +0000

Appearing on The State of the Line Podcast, National Council of Compensation Insurance Executive Director and Senior Economist, Stephen Cooper, discusses the most recent U.S. jobs report and how key labor market statistics could potentially impact workers’ compensation insurance.

EXL's Taneja: AI Accelerates Insurance Transformation, but Governance and Legacy Challenges Remain

A.M. Best Company, Inc. — Wed, 20 Aug 2025 06:00:41 +0000

Sumit Taneja, leader of the AI consulting practice, EXL, highlights how insurers are using generative AI to speed up underwriting, streamline claims and enhance customer service while emphasizing the growing need for strong governance, regulatory awareness and thoughtful integration with legacy systems.

AM Best Launches 2026 Student Challenge to Inspire Innovative Insurance Solutions

A.M. Best Company, Inc. — Tue, 19 Aug 2025 06:00:53 +0000

AM Best’s Lee McDonald and Sridhar Manyem discuss the company’s 2026 Student Challenge, which invites college and graduate students to develop creative, real-world solutions to pressing insurance issues, including AI risk, flood coverage gaps, gig economy protection needs. Prizes and industry exposure are offered for the next generation of insurance leaders.

The D&O Diary’s LaCroix: Blog Leapfrogs From Crisis to Crisis in Executive Suites

A.M. Best Company, Inc. — Mon, 18 Aug 2025 06:00:58 +0000

Kevin LaCroix, creator of The D&O Diary and executive vice president of RT ProExec, built a following for the blog nearly 20 years ago during the stock options backdating scandal. With tariffs, regulatory changes and emerging technological risks, there have been no shortage of topics to cover.

JD Power Survey: Bundled Policyholders Drive Insurance-Shopping Trends Amid Rising Home Rates

A.M. Best Company, Inc. — Fri, 15 Aug 2025 06:00:52 +0000

Stephen Crewdson, managing director, Global Insurance Intelligence Group, JD Power, explains that rising homeowners and renters rates, especially among bundled customers, continue to fuel switching behavior and pose retention challenges for insurers.

Rackspace Tech’s Koushik: Insurers Shift AI From Back Office to Strategic Driver

A.M. Best Company, Inc. — Thu, 14 Aug 2025 06:00:55 +0000

Srini Koushik, president, AI and sustainability, Rackspace Technology, discusses AI’s impact on insurance through enhanced service, efficiency and ethical use in a shifting regulatory landscape.

Crawford’s Kottler: Insurers Adapt With Tech, Expertise for Growing Large-Loss Claims

A.M. Best Company, Inc. — Wed, 13 Aug 2025 06:00:41 +0000

Paul Kottler, U.S. president of Crawford & Company’s Global Technical Services, discusses how insurers are combining advanced technologies with expert adjusters to manage the growing complexity and cost of large-loss claims.

Gallagher Re’s Bowen: U.S. Catastrophes Push $84B in Losses as Hurricane Season Looms

A.M. Best Company, Inc. — Tue, 12 Aug 2025 06:00:16 +0000

Steve Bowen, chief science officer, Gallagher Re, discusses the drivers behind 2025’s elevated catastrophe losses and what they signal for future climate and insurance risk.

Adjusto’s Balarezo: Turning Tragedy Into Transformation

A.M. Best Company, Inc. — Mon, 11 Aug 2025 06:00:07 +0000

Michael Balarezo, CEO of Adjusto and wildfire survivor, shares how personal loss, industry frustration, and emerging technology are reshaping the insurance claims process to be faster.

PLM’s Firko: Mutual Insurance and the Long View of Serving Specialized Markets

A.M. Best Company, Inc. — Fri, 08 Aug 2025 06:00:42 +0000

Steve Firko, executive vice president and chief operating officer, Pennsylvania Lumbermens Mutual Insurance, explains how mutual insurers’ policyholder-focused structure, long-term stability and deep industry ties uniquely position them to serve niche markets.

Mutual Group’s Woods: Innovation, AI, Collaboration Guide Mutuals Through Regulatory Change

A.M. Best Company, Inc. — Thu, 07 Aug 2025 06:00:29 +0000

Shannon Woods, chief legal and compliance officer, Mutual Group, discusses the evolving regulatory landscape, the growth of AI, and how strategic partnerships and innovation are helping mutual insurers seize long-term opportunities.

LIMRA’s Landry: Insurers Play Key Role in Closing Benefits Satisfaction Gap

A.M. Best Company, Inc. — Wed, 06 Aug 2025 06:00:12 +0000

Kimberly Landry, associate research director, LIMRA, discusses how insurers can support employers in boosting benefit satisfaction and addressing changing workforce needs through tailored offerings and improved communication.

US Dollar Weakness Signals Shift in Global Market Sentiment, but Reserve Currency Status Remains Firm

A.M. Best Company, Inc. — Tue, 05 Aug 2025 06:00:46 +0000

Ann Modica, director credit rating, criteria and research at AM Best breaks down the recent decline of the US dollar, its fiscal drivers, and what the volatility means for insurers with global exposure.

Issues & Answers: Vehicle Scoring Made Easy

A.M. Best Company, Inc. — Mon, 04 Aug 2025 06:00:15 +0000

Earlier this year, Pinnacle Actuarial Resources and CARFAX announced the release of a new vehicle scoring and automobile pricing tool called the CARFAX Vehicle Build Score (VBS). Pinnacle Senior Consulting Actuary Gary Wang discussed the value of the VBS solution for automobile insurers with AM Best TV.

Issues & Answers: A Surety Thing

A.M. Best Company, Inc. — Fri, 01 Aug 2025 06:00:09 +0000

James Crinnion, Vice President Commercial Surety at Philadelphia Insurance Companies, said that over the last five years, there’s been an explosion in surety-backed letters of credit. “There’s always been a push and pull between the surety industry and the banking industry,” he said.

PwC’s Friedman: Investor Confidence in Insurance Sector Remains High Amid Uncertainty

A.M. Best Company, Inc. — Thu, 31 Jul 2025 06:00:23 +0000

Mark Friedman, PwC’s U.S. insurance deals leader, discusses the rise in insurance deal value in 2025, driven by strategic megadeals, strong investor interest and sector resilience.

Aon’s Ott: How Affluent Clients Are Fortifying Assets Against Growing Risks

A.M. Best Company, Inc. — Wed, 30 Jul 2025 06:00:20 +0000

Jason Ott, president, Aon Private Risk Management, discusses how affluent clients are proactively adapting to climate volatility through fortified properties, strategic insurance planning and evolving risk mitigation to safeguard high-value assets.

Burning Issues: Allianz’s Sandelin on Rising Wildfire Risks and Insurance Response

A.M. Best Company, Inc. — Tue, 29 Jul 2025 06:00:03 +0000

Kevin Sandelin, senior risk consulting engineer at Allianz Risk Consulting, discusses the growing frequency and severity of wildfires, their impact on industries like agriculture, utilities, and construction, and how insurers and clients can use emerging technologies and mitigation tools to better manage wildfire risk.

Beazley’s Carmichael: Cyber Tops Executive Concerns as Confidence in Readiness Grows

A.M. Best Company, Inc. — Mon, 28 Jul 2025 06:00:27 +0000

Melissa Carmichael, head of U.S. cyber, Beazley, discusses rising AI-driven cyberrisks and supply chain challenges, highlighting the critical role insurers play in strengthening cyber readiness and safeguarding businesses against evolving threats.

Verisk’s Riedman: Rising Severity, Falling Volume and How Insurers Can Win the Subrogation Race

A.M. Best Company, Inc. — Fri, 25 Jul 2025 06:00:34 +0000

Shane Riedman, president of antifraud analytics at Verisk, discusses trends as outlined in recent company reports highlighting the sharp rise in collision severity, evolving subrogation strategies, and the growing role of data and AI in helping insurers improve speed, accuracy, and recovery outcomes.

Triple-I’s Chief Insurance Officer: Lightning Claims Fall, But Severity and Costs Remain High

A.M. Best Company, Inc. — Thu, 24 Jul 2025 06:00:35 +0000

Dale Porfilio, formerly chief insurance officer of the Insurance Information Institute, discusses the ongoing threat of lightning-related losses, insurer mitigation efforts and shifting storm patterns impacting risk.

LIMRA’s Golembiewski: Annuity Market Thrives Amid Economic Uncertainty

A.M. Best Company, Inc. — Wed, 23 Jul 2025 06:00:33 +0000

Keith Golembiewski, assistant vice president, director of annuity research, LIMRA, discusses strong annuity sales, rising demand for guaranteed income and how insurers are adapting to meet evolving retirement needs.

Nationwide’s Melander: Shifting Supply Chains Are Reshaping Manufacturing Risk

A.M. Best Company, Inc. — Tue, 22 Jul 2025 06:00:24 +0000

Erika Melander, head of Nationwide’s national manufacturing practice, discusses how supply chain shifts are creating new risks for manufacturers and how insurance advisers can help manage them.

McGill and Partners’ Cross: UK Unveils New Captive Insurance Rules to Boost London’s Global Competitiveness

A.M. Best Company, Inc. — Mon, 21 Jul 2025 06:00:03 +0000

Stephen Cross, founding partner of McGill and Partners, CEO of McGill and Partners Europe, discusses the U.K. government’s new captive-friendly regulations and their potential to boost London as a top global captive insurance hub.

AM Best: Sketching a Risk Profile for Emerging Crypto Market

A.M. Best Company, Inc. — Fri, 18 Jul 2025 06:00:51 +0000

AM Best Director Edin Imsirovic discusses a new Best's Commentary that finds the insurance industry's crypto-market penetration is limited, but provides opportunities.

Driver Technologies’ Galadanci: Connected Car Data Drives New Era of Insurance Innovation

A.M. Best Company, Inc. — Thu, 17 Jul 2025 06:00:31 +0000

Rashid Galadanci, CEO and co-founder, Driver Technologies, discusses how connected car technology and telematics are transforming insurance by improving underwriting accuracy, speeding up claims and reducing fraud.

Coalition’s Simonsen: Insurers Look to Nordics as Cyberthreats, Digital Reliance Surge

A.M. Best Company, Inc. — Wed, 16 Jul 2025 06:00:41 +0000

Tine Simonsen, head of insurance for Continental Europe at Coalition, discusses how rising cyberthreats and digital growth in the Nordics are driving demand for active cyber protection and shaping the future of insurance in Europe.

Meanwhile CEO: Bitcoin Drives Innovation, New Opportunities in Life Insurance Market

A.M. Best Company, Inc. — Tue, 15 Jul 2025 06:00:28 +0000

Zac Townsend, co-founder and CEO of Meanwhile, discusses how Bitcoin is transforming life insurance with fully crypto-denominated policies and new product opportunities.

Author: Evolving D&O Risks Drive Demand for Smarter Underwriting

A.M. Best Company, Inc. — Mon, 14 Jul 2025 06:00:26 +0000

Karve Chief Underwriting Officer Ken Svean discusses his book, “The Ultimate Guide to D&O Underwriting,” which offers key insights and tools for navigating the evolving directors and officers insurance market.

Nationwide Survey: Businesses Fear Severe Weather, but Many Are Cutting Insurance Coverage

A.M. Best Company, Inc. — Fri, 11 Jul 2025 06:00:51 +0000

Mark McGhiey, senior associate vice president of risk management & client services for Nationwide Insurance, says as billion-dollar storms become more frequent, a survey reveals that many businesses are nevertheless opting to reduce coverage in favor of short-term cost savings.

TransUnion’s Foy: How Consumer Migration Trends Are Reshaping Insurance Risk and Strategy

A.M. Best Company, Inc. — Wed, 09 Jul 2025 06:00:26 +0000

Patrick Foy, senior director of commercial insurance strategic planning, TransUnion discusses how new data reveals dramatic shifts in where and how Americans are relocating, with implications for everything from risk assessment in fast-growing Texas markets to Gen Z-targeted outreach, auto underwriting, and beneficiary tracking.

J.D. Power’s Crewdson: Auto Insurers Risk Losing High-Value Customers Amid Rising Dissatisfaction

A.M. Best Company, Inc. — Tue, 08 Jul 2025 06:00:41 +0000

Steven Crewdson, managing director, insurance business intelligence, J.D. Power, says insurers are failing to tailor service for high-value customers, with cross-channel interactions and clear policy understanding the top satisfaction drivers of 2025.

InnSure’s Sidoti: NOAA’s Climate Data Cut Risks Widening Insurance Gaps

A.M. Best Company, Inc. — Mon, 07 Jul 2025 06:00:54 +0000

InnSure Executive Director Charlie Sidoti discusses how NOAA’s decision to archive its billion-dollar climate disaster database could impact insurance affordability and resilience, urging insurers to share data and aid vulnerable communities.

Marsh McLennan's Sawyer: Plan Now for Gray Rhinos Later

A.M. Best Company, Inc. — Fri, 04 Jul 2025 06:00:01 +0000

Understanding what is in the environment is how risk managers can approach highly probable, impactful, and often overlooked cyberrisks, said Reid Sawyer, head U.S. cyber risk consulting for Marsh.

AM Best Report on US Cyber: Pricing Cuts Bring First-Ever Reduction in Direct Premiums Written

A.M. Best Company, Inc. — Thu, 03 Jul 2025 15:04:32 +0000

AM Best Senior Industry Research Analyst Christopher Graham discusses a new Best's Market Segment Report that finds new cyber supplementing highlights pricing difference by policy type.

NCCI’s ‘State of the Line’ Podcast Delivers Timely Insights for Workers’ Comp Stakeholders

A.M. Best Company, Inc. — Thu, 03 Jul 2025 06:00:38 +0000

NCCI’s Donna Glenn and Christine Pike discuss how their podcast brings concise updates on medical inflation, workforce dynamics and economic indicators to an industry seeking accessible, data-backed insights.

AM Best: Medical Professional Liability Underwriting Results Pressured by Complex Landscape

A.M. Best Company, Inc. — Wed, 02 Jul 2025 06:00:00 +0000

AM Best Associate Director David Blades discusses a new Best’s Market Segment Report that finds social inflation, declining reserve redundancies and rising claims severity continue to vex the MPL segment.

Issues & Answers: Innovation in E&S

A.M. Best Company, Inc. — Tue, 01 Jul 2025 06:00:13 +0000

Eric Werkheiser, VP of professional liability and specialty programs at Nationwide E&S and Specialty, said when it comes to specialty insurance, the company will stay open-minded and explore opportunities as they come.

Nationwide’s McGhiey: Distracted Driving Worsens Despite Awareness Gains

A.M. Best Company, Inc. — Mon, 30 Jun 2025 06:00:24 +0000

Mark McGhiey, senior associate vice president of risk management & client services for Nationwide Insurance, discusses how rising driver anxiety, staffing shortages and underused safety tech are fueling distracted driving risks, and what commercial insurers can do in response.

Managing Your Own Social Media Is Crucial for Personal Branding, Acrisure’s Adrian Jones says

A.M. Best Company, Inc. — Fri, 27 Jun 2025 06:00:00 +0000

Adrian Jones, head of underwriting and specialty retail at Acrisure, offers this advice to executives about social media in part two of a two-part interview: Don’t let anybody else do it. He also suggests a regular cadence of posts, since it improves familiarity and that leads to trust, which generates business.

Acrisure’s Adrian Jones: Good Data Equals Insurer Success

A.M. Best Company, Inc. — Thu, 26 Jun 2025 06:00:00 +0000

Adrian Jones, head of underwriting and specialty retail at Acrisure, discusses the strategic importance of “being blessed” with data to help insurers improve their performance on multiple fronts, ranging from customer management to improving efficiency in part one of a two part interview.

AM Best: Changing Environment Brings New Risks to D&O Insurers

A.M. Best Company, Inc. — Wed, 25 Jun 2025 06:00:00 +0000

AM Best Senior Industry Research Analyst Christopher Graham highlights a new Best’s Market Segment Report that finds market uncertainty, evolving technology and tariffs among the factors affecting the directors and officers segment.

Insurers Rethink Investment Strategy Amid Yield Pressure, Regulatory Shifts

A.M. Best Company, Inc. — Tue, 24 Jun 2025 13:59:55 +0000

Steve Doire, strategic platform and client adviser, Clearwater Analytics, discusses how insurers are shifting to outsourced management and private markets to boost returns, manage risk and meet growing regulatory demands.

Allianz Warns Geopolitical Risks Threaten Maritime Gains

A.M. Best Company, Inc. — Mon, 23 Jun 2025 06:00:00 +0000

Rahul Khanna, global head of marine risk consulting, Allianz Commercial, discusses the sharp drop in vessel losses, the rise of shadow fleets and how geopolitical instability is reshaping maritime risk and global supply chains.

Issues & Answers: Smart Cyber Strategies

A.M. Best Company, Inc. — Fri, 20 Jun 2025 06:00:00 +0000

Tim Nunziata, senior vice president of E&O and cyber at Nationwide Insurance, said that when it comes to cyber, each industry has a nuanced

threat landscape that can’t be painted with this broad brush. It’s important for clients and risk managers to find tailored solutions to meet their company’s needs, he said.

Travelers’ Williams: Mental Health Concerns Drive Surge in EPL Claims

A.M. Best Company, Inc. — Thu, 19 Jun 2025 06:00:00 +0000

Chris Williams, employment practices liability product manager, Travelers Insurance, discusses how rising mental health awareness is increasing workplace discrimination claims and emphasizes the need for employers to update policies, train staff, and consult legal counsel to keep pace.

AM Best: Florida's Property Insurance Market Showing Stabilization Following Volatility, Sharp Premium Increases

A.M. Best Company, Inc. — Wed, 18 Jun 2025 06:00:00 +0000

AM Best Senior Financial Analyst Josie Novak discusses a new Best's Special Report on Florida's property insurance market, which posted its first underwriting profit in nearly a decade.

kWh Analytics CEO: Data, Climate Pressures Reshape Renewable Energy Underwriting

A.M. Best Company, Inc. — Tue, 17 Jun 2025 06:00:00 +0000

Jason Kaminsky, CEO, kWh Analytics, discusses how insurers must adapt models and partnerships to address growing risks in the rapidly changing renewable energy sector.

TransUnion Report Reveals Surge in Auto Insurance Shopping, Shifting Homeownership Trends

A.M. Best Company, Inc. — Mon, 16 Jun 2025 06:00:00 +0000

Patrick Foy, senior director of strategic planning, TransUnion, discusses how evolving consumer behavior, generational shifts in homeownership and climate are reshaping insurance strategies in 2025.

Author: Rising Cyberrisks from Third-Party Vendors Call for New Insurance Strategies

A.M. Best Company, Inc. — Fri, 13 Jun 2025 06:00:00 +0000

Cyber Intelligence 4U CEO Ariel Evans discusses a book she co-authored, Navigating Supply Chain Cyber Risk, and how third-party cyberrisks are reshaping insurer strategies and risk management approaches.

Doxa CEO: MGAs Find Niche as New Risks Emerge

A.M. Best Company, Inc. — Thu, 12 Jun 2025 06:00:00 +0000

Matt Sackett, CEO, Doxa Insurance Holdings, shares how actuarial rigor, niche specialization and a forward-looking approach to emerging risks are fueling growth and resilience in today’s competitive MGA landscape.

Coalition Inc.’s 2025 Cyber Claims Report Reveals Decline in Ransomware, Rise in Business Email Compromise Losses

A.M. Best Company, Inc. — Wed, 11 Jun 2025 06:00:00 +0000

Chris Hendricks, head of Coalition's incident response, discusses findings from the 2025 Cyber Claims Report, including a drop in ransomware claims, and a surge in business email compromise and funds transfer fraud losses.

LIMRA/LOMA’s Landry: Insurers Face Urgent Call to Bridge Disability Coverage Gap

A.M. Best Company, Inc. — Tue, 10 Jun 2025 06:00:00 +0000

Kimberly Landry, associate research director, workplace benefits research, LIMRA and LOMA, discusses the need for greater awareness and education around disability insurance, and how insurers can help protect consumers from unexpected income loss.

Triple-I Podcast: Where Economics Intersects With Business Strategy

A.M. Best Company, Inc. — Mon, 09 Jun 2025 06:00:00 +0000

In the All Eyes on Economics podcast, Insurance Information Institute Chief Economist and Data Scientist Michel Léonard explores how economics delivers tools that specifically match business needs in today’s uncertain economy.

Issues & Answers: Winning With CLOs

A.M. Best Company, Inc. — Fri, 06 Jun 2025 06:00:00 +0000

Melissa Ricco, co-head of Barings’ Structured Credit Investment Team, said that the opportunity in collateralized loan obligations for insurance investors remains compelling.

Issues & Answers: Client-Focused Investing

A.M. Best Company, Inc. — Thu, 05 Jun 2025 06:00:00 +0000

Dan Byrnes, president and principal at Asset Allocation & Management LLC, said that AAM has built a reputation for delivering customized investment strategies that align with the unique needs of insurers.

Issues & Answers: Asset Allocation Analysis

A.M. Best Company, Inc. — Wed, 04 Jun 2025 06:00:00 +0000

Mark Yu, head of Enterprise Capital Strategy at New England Asset Management, said that stress and scenario testing are crucial components of the company’s asset allocation analysis.

INTX CEO Lewis on Modernizing Insurance Policy Management

A.M. Best Company, Inc. — Tue, 03 Jun 2025 06:00:00 +0000

Robert Lewis, CEO, INTX Insurance Software, discusses the need for end-to-end policy management systems in property/casualty insurance, and the challenges of legacy software.

Swiss Re's Forgeron: Inflation, Tariffs, Tech Are Reshaping the Global Motor Reinsurance Market

A.M. Best Company, Inc. — Mon, 02 Jun 2025 06:00:00 +0000

Swiss Re Chief Underwriting Officer-Casualty, Laure Forgeron, breaks down short- and long-term forces, including inflation, tariffs, evolving mobility patterns and emerging technologies that are redefining risks and strategies in the $2.2 trillion global motor reinsurance sector.

AM Best's Manyem: Successful Innovation Works Best With Early Regulator Engagement

A.M. Best Company, Inc. — Fri, 30 May 2025 06:00:00 +0000

Sridhar Manyem, senior director, industry relations Americas, AM Best, discusses regulatory sandboxes for testing products, and how AI is being used in pricing and claims. Manyem spoke with AM Best TV at the InsurTech Hartford Symposium 2025.

Verisk's Bragg: Emerging Liability Risks Challenge Insurers in Complicated Landscape

A.M. Best Company, Inc. — Thu, 29 May 2025 06:00:00 +0000

Eleanor Bragg, a research analyst with Verisk Extreme Event Solutions, discusses how systemic risks including “forever chemicals” litigation, climate change liability and artificial intelligence are reshaping the insurance industry's approach to modeling and mitigation.

Insurance Leaders Unite to Expand Philanthropic Impact at IICF 2025 Roundtable

A.M. Best Company, Inc. — Wed, 28 May 2025 06:00:00 +0000

Bill Ross, CEO, Insurance Industry Charitable Foundation, discusses key takeaways from the 2025 IICF Philanthropic Roundtable, where industry leaders from 26 insurance organizations explored innovative ways to integrate corporate social responsibility, enhance volunteerism and strengthen community leadership across the sector.

J.D. Power Reveals Key Q1 2025 Trends in Consumer Loyalty Survey

A.M. Best Company, Inc. — Tue, 27 May 2025 06:00:00 +0000

Stephen Crewdson, senior director, J.D. Power, discusses how stabilized switching rates despite high shopping activity signal a shift in consumer behavior, prompting insurers to focus on retention, digital engagement and identifying high-value customers in the auto and homeowners insurance market.

From Goldman Sachs to Podcasting: Joan Woodward's Journey in Risk Education

A.M. Best Company, Inc. — Mon, 26 May 2025 06:00:00 +0000

Joan Woodward, who joined Travelers 16 years ago from Goldman Sachs, discusses her role in leading the Travelers Institute's podcast initiative, which explores the intersection of business, insurance and public policy.

Swiss Re's Gonzalez: Client Needs Drive Pivot to Alternative Risk Transfer Solutions

A.M. Best Company, Inc. — Fri, 23 May 2025 06:00:00 +0000

Ivan Gonzalez, CEO, Swiss Re Corporate Solutions, said companies are turning to parametric solutions, catastrophe bonds and captive arrangements that offer custom coverage. Gonzalez spoke with AM Best TV at the RIMS RISKWORLD conference, held in Chicago.

Navigating Global Risk With Innovative Strategies for Multinational Resilience

A.M. Best Company, Inc. — Thu, 22 May 2025 06:00:00 +0000

William Mule, global risk solutions practice leader, Hub International, discusses how multinational companies are adapting to geopolitical instability, climate change and evolving ESG regulations through proactive risk management and innovative insurance solutions.

Confronting Legal System Abuse

A.M. Best Company, Inc. — Wed, 21 May 2025 06:00:00 +0000

Allen Kirsh, head of claims, judicial and legislative affairs, Zurich Insurance, discusses the growing impact of social inflation and legal-system abuse on insurance, and how his team is working with policymakers and industry leaders to champion meaningful tort reform.

Verisk’s Popolizio: How Insurers Can Tackle Emerging Medicare Secondary Payer Compliance

A.M. Best Company, Inc. — Tue, 20 May 2025 06:00:00 +0000

Mark Popolizio, vice president of Medicare Secondary Payer compliance at Verisk, discusses key 2025 CMS policy updates, new reporting requirements and strategies insurers can use to stay compliant, reduce costs and mitigate liability under the evolving MSP framework.

AM Best’s Johnson on AUM Podcast: Insurance Industry Outlooks, Investment Risks, Private Capital Influence

A.M. Best Company, Inc. — Mon, 19 May 2025 06:00:00 +0000

AM Best Chief Ratings Officer Ken Johnson unpacks the latest industry outlooks, the growing impact of private equity and offshore reinsurance structures, and the importance of transparency and balance sheet discipline amid evolving global regulations in this repost of the InsuranceAUM.com.podcast.

Issues & Answers: Navigating Social Service Risks

A.M. Best Company, Inc. — Fri, 16 May 2025 06:00:00 +0000

Brittney McLaughlin, vice president of underwriting for human and social services at Philadelphia Insurance Companies (PHLY), said the landscape for human and social service risks is constantly changing. As the landscape continues to evolve, PHLY remains committed to providing innovative solutions that help human and social service organizations manage risk effectively, she said.

LIMRA’s Golembiewski: US Pension Risk Transfer Market Hits $51.8B in 2024

A.M. Best Company, Inc. — Thu, 15 May 2025 06:00:00 +0000

Keith Golembiewski, assistant vice president and head of LIMRA research, said that strong interest rates, market performance and growing awareness among plan sponsors fueled a record-breaking year for pension risk transfer deals.

AM Best's Walker: Trust Is Foundation for Insurance Data Sharing

A.M. Best Company, Inc. — Wed, 14 May 2025 06:00:00 +0000

Dawn Walker, associate director, AM Best, warns of privacy concerns as the sector increasingly adopts automation technologies. Walker spoke with AM Best TV at the InsurTech Hartford Symposium 2025.

Allstate Exec: App Aims to Build Connection, Personalize Risk Management

A.M. Best Company, Inc. — Tue, 13 May 2025 06:00:00 +0000

Mike Antognoli, Allstate’s mobile product director, said the insurer’s app, which has five million monthly users, uses driving information to tailor risk management and offer cost savings for safe driving. The app also aims to build connections to alert customers to where to park, cheap fuel, and potential weather hazards, he said.

AM Best's Modica: Fed Indicates Risks of Higher Inflation, Unemployment Have Risen

A.M. Best Company, Inc. — Mon, 12 May 2025 06:00:00 +0000

AM Best Director Ann Modica discusses the implications of Federal Reserve Chairman Jerome Powell's decision to hold interest rates steady, and what the bond market is telling us about the future of monetary policy this year.

Issues & Answers: The Strategic Advantages of Captives

A.M. Best Company, Inc. — Fri, 09 May 2025 06:00:00 +0000

Aaron Hillebrandt, principal and consulting actuary, Pinnacle Actuarial Resources, said diversification of risk is important—and a great strategy.

Marsh’s Schioppo: Rebound in M&A Fuel Surge in Transactional Risk Insurance Market

A.M. Best Company, Inc. — Thu, 08 May 2025 06:00:00 +0000

Craig Schioppo, global head, Marsh’s Transactional Risk Group, discusses how a resurgence in M&A activity, growing demand for tax insurance, and expansion into emerging markets like Dubai and Latin America drove significant global growth in the transactional risk insurance market in 2024.

Wisconsin’s Houdek: Top Insurance Risks Tied to Weather, Cyber

A.M. Best Company, Inc. — Wed, 07 May 2025 06:00:00 +0000

Wisconsin Insurance Commissioner Nathan Houdek said the largest risks for property/casualty insurance are tied to severe weather and cyber. Another concern is consolidation in the health market with rising costs pressuring health insurance buyers. Houdek spoke at ReConnect 2025, a reinsurance conference in the Cayman Islands.

Swiss Re’s Kelly: How Behavioral Science Is Key to Potential of GLP-1 Medications

A.M. Best Company, Inc. — Tue, 06 May 2025 06:00:00 +0000

Natalie Kelly, head of life & health global underwriting, Swiss Re, explains why long-term health benefits from blood sugar regulators also depend on sustained behavior change, personalized underwriting and the strategic use of behavioral science.

First US Economic Contraction in Three Years Raises Alarms Amid Tariffs, Fed Dilemma

A.M. Best Company, Inc. — Mon, 05 May 2025 06:00:00 +0000

AM Best Director Ann Modica explains that with first-quarter GDP unexpectedly shrinking by 0.3%, the Federal Reserve faces mounting pressure to navigate between curbing persistent inflation and avoiding a deeper economic slowdown.

Author: Sustainability Reshapes Insurance Industry With Evolving Strategies

A.M. Best Company, Inc. — Fri, 02 May 2025 06:00:00 +0000

In a book he co-authored, Sustainability and the Insurance Market: Trends and Challenges, University of Valencia’s Juan Bataller-Grau explores sustainability’s impact on insurance, shaping risk management, responsibility and profitability.

Propelling AI’s Value for Insurers

A.M. Best Company, Inc. — Thu, 01 May 2025 06:00:00 +0000

Brandon Nuttall, chief digital and AI officer for Xceedance, said generative AI is becoming more integral for insurance executives’ technology strategy, but moving from “buzz to business value” remains a challenge.

FM’s Gritzo: Science Center in Europe Could Revolutionize Risk Mitigation

A.M. Best Company, Inc. — Wed, 30 Apr 2025 06:00:00 +0000

Louis Gritzo, chief science officer and staff senior VP, FM, said a new Science and Technology Center in Luxembourg, set to open in 2027, will drive innovation and risk mitigation in commercial property insurance across EMEA.

CAC’s Harris: Insurance Lessons From Keystone Pipeline Spill

A.M. Best Company, Inc. — Tue, 29 Apr 2025 06:00:00 +0000

Lisa Harris, EVP of natural resources, CAC Specialty, discusses the insurance ramifications of the Keystone Pipeline spill, exploring risk mitigation strategies, environmental liability and how brokers and insurers can better collaborate with energy clients to manage critical infrastructure risk.

Insurance Information Institute Economist: Economics Move Needle From Uncertainty to Turbulent

A.M. Best Company, Inc. — Mon, 28 Apr 2025 06:00:00 +0000

Michel Léonard, chief economist and data scientist, Triple-I, explores how inflation, interest rates, third-party litigation and global tariff uncertainty are reshaping underwriting, investment strategies and the industry's protection gap.

Tennessee’s Lawrence: Consumer Choice, Competition to Aid Insurance Growth

A.M. Best Company, Inc. — Fri, 25 Apr 2025 06:00:00 +0000

Carter Lawrence, commissioner of the Tennessee Department of Commerce and Insurance, said choices and competition in a business-friendly environment will help the insurance market meet the needs of the state’s growing population. Lawrence spoke with AM Best TV at the CIRCA ReConnect Conference in Grand Cayman.

Allianz’s Todorovich: Risks Rise in Global Political Violence, Civil Unrest

A.M. Best Company, Inc. — Thu, 24 Apr 2025 06:00:00 +0000

Srdjan Todorovic, head of political violence and hostile environment solutions at Allianz Commercial, discusses key findings from the latest Allianz report, including terrorism trends, sabotage threats and the growing complexity of civil unrest that businesses face worldwide.

Beazley’s Barker: Company Report Highlights Disconnect Between Climate Risk Awareness and Action

A.M. Best Company, Inc. — Wed, 23 Apr 2025 06:00:00 +0000

Jordan Barker, climate risk specialist, Beazley, discusses how rising economic uncertainty is pushing sustainability lower on the corporate agenda, despite growing exposure to extreme weather and energy transition risks.

LIMRA’s Hodgens: Workplace Benefits Brokers Take Center Stage in a Shifting Economy

A.M. Best Company, Inc. — Tue, 22 Apr 2025 06:00:00 +0000

Bryan Hodgens, head of research, LIMRA, discusses how economic pressures, remote work trends, and rising employer expectations are transforming benefits brokers into data-driven, consultative partners.

L&GA’s Seetharaman: How Technology Is Expanding Access to Life Coverage

A.M. Best Company, Inc. — Mon, 21 Apr 2025 06:00:00 +0000

Raju Seetharaman, technology chief, Legal & General America, discusses how AI, data analytics and digital innovation are transforming life insurance by streamlining underwriting, empowering agents and expanding access for customers with complex health profiles.

FM's Majka: Denmark Tops 2025 Resilience Index

A.M. Best Company, Inc. — Fri, 18 Apr 2025 06:00:00 +0000

Climate risk, supply chain and geopolitical risk continue to be major concerns, said Christopher Majka, staff vice president of data visualization, FM. He noted that proprietary cybersecurity data has been introduced into the index this year.

Swiss Re’s Sprackling: Medical Advances Reshape Mortality Trends, Risk Strategies

A.M. Best Company, Inc. — Thu, 17 Apr 2025 06:00:00 +0000

Neil Sprackling, CEO of Life and Health Re US at Swiss Re, explores how breakthroughs in personalized medicine, metabolic health and early disease detection are transforming longevity expectations and underwriting in the insurance industry.

AM Best: Medicaid Redeterminations Put Pressure on Segment

A.M. Best Company, Inc. — Wed, 16 Apr 2025 06:00:00 +0000

AM Best Associate Director Jason Hopper and Industry Analyst Kaitlin Piasecki discuss a new Best's Special Report that finds eligibility redeterminations after public health emergencies are leading to a mismatch between acuity and rates.

Insurmark’s Dickson: As Tornado Season Intensifies, What Agents and Homeowners Need to Know

A.M. Best Company, Inc. — Tue, 15 Apr 2025 06:00:00 +0000

John Dickson, CEO and president of Insurmark, discusses the rising frequency and severity of tornadoes, wind, and hail storms, the evolving insurance landscape, and the critical steps homeowners and agents should take to mitigate risk and ensure adequate coverage.

Issues & Answers: The Strategic Advantages of Captives

A.M. Best Company, Inc. — Mon, 14 Apr 2025 06:00:00 +0000

Aaron Hillebrandt, principal and consulting actuary, Pinnacle Actuarial Resources, said diversification of risk is important—and a great strategy.

Author: Book Unravels the Complexity of Claims-Made Policies

A.M. Best Company, Inc. — Fri, 11 Apr 2025 15:30:28 +0000

In his book, Claims-Made Insurance: The Policy That Changed the Industry, Fisher Consulting President Frederick Fisher explores the intricacies of claims-made policies, offering a comprehensive guide to their evolution, components and challenges.

Issues & Answers: Evolution of Risk

A.M. Best Company, Inc. — Thu, 10 Apr 2025 06:00:00 +0000

John Lopes, executive vice president, Nationwide Alternative Ventures and Emerging Markets, said that given the size and scope of the company, Nationwide is one of the most diversified carriers in the U.S.

AM Best: ILS Market Posts Stellar Returns Yet Again in 2024

A.M. Best Company, Inc. — Wed, 09 Apr 2025 06:00:00 +0000

Wai Tang, senior director, and Matt Tuite, director, both of AM Best, discuss a new Best's Special Report that finds ILS capacity reached a record high in 2024, as did issuance of 144A natural catastrophe bonds.

Bermuda’s Williams-Charles: Long-Term Insurance Sector Poised for Global Leadership

A.M. Best Company, Inc. — Tue, 08 Apr 2025 06:00:00 +0000

Suzanne Williams-Charles, CEO of Bermuda International Long-Term Insurers and Reinsurers, discusses how the island is balancing robust regulation with innovation in life and annuity markets.

Hartford Financial's Kubursi: D&O Insurers Must Navigate Shifts to Remain Competitive

A.M. Best Company, Inc. — Mon, 07 Apr 2025 06:00:00 +0000

While cyber is becoming more of an operational risk, increased severity trends and emerging technologies such as AI are raising concerns, said Ziad Kubursi, head of Financial & Executive Liability, Hartford Financial.

NAMIC’s Hakes: Insurance Uncovered Podcast Explores Industry Insights

A.M. Best Company, Inc. — Fri, 04 Apr 2025 06:00:00 +0000

Justin Hakes, senior vice president of public affairs, National Association of Mutual Insurance Companies, discusses the success of the Insurance Uncovered podcast, its role in delivering key industry insights, and how it keeps members informed on pressing insurance issues.

AM Best: Need for Financial Flexibility Leads to Surplus Note Issuance for Some

A.M. Best Company, Inc. — Thu, 03 Apr 2025 06:00:00 +0000

Rapid premium rate increases, coupled with pockets of higher reinsurance pricing, also expands the need for higher capital, said Jason Hopper, associate director, AM Best, discussing a new Best's Special Report.

AM Best: Innovative Changes Ahead for US Life/Annuity While Absorbing Prior Industry Shifts

A.M. Best Company, Inc. — Wed, 02 Apr 2025 06:00:00 +0000

AM Best Director Edward Kohlberg highlights a new Best's Market Segment Report that determines that economic conditions, regulatory frameworks and engaging products will reshape the future of the Life/Annuity market.

SIAA’s Meinen: Harnessing AI and Data Intelligence is the Future of Independent Insurance Agencies

A.M. Best Company, Inc. — Tue, 01 Apr 2025 06:00:00 +0000

David Meinen, CIO at SIAA, discusses how artificial intelligence, predictive analytics, and high-quality data are revolutionizing independent insurance agencies, enabling them to enhance customer relationships, improve underwriting, and drive business growth in an increasingly competitive market.

Breaking Down Insurance Barriers: How Prasath Parthiban Simplifies Complex Topics for Thousands

A.M. Best Company, Inc. — Mon, 31 Mar 2025 06:00:00 +0000

With over 14,000 YouTube subscribers and 21,000 LinkedIn connections, Prasath Parthiban, host of the PNC Insurance Helpline, is on a mission to make insurance concepts accessible by empowering small business owners, newcomers, and industry professionals alike through short, insightful, and non-monetized videos.

Zurich’s Giliberto: Competitive Landscape, Emerging Risks in Private D&O

A.M. Best Company, Inc. — Fri, 28 Mar 2025 06:00:00 +0000

Paul Giliberto, head of management liability, private non-profit, Zurich Insurance, discusses the evolving private directors and officers insurance market, highlighting increased competition, the impact of M&A slowdowns and emerging risks such as rising bankruptcies and interest rate pressures. Giliberto spoke with AM Best TV at the PLUS D&O Symposium in New York City.

LexisNexis’ Baker: How Digital Health Data Is Transforming Life Underwriting

A.M. Best Company, Inc. — Thu, 27 Mar 2025 06:00:00 +0000

Justin Baker, AVP of life insurance, LexisNexis Risk Solutions, discusses how the industry is leveraging electronic health records and real-time health insights to enhance underwriting, improve risk assessment, and expand access to coverage.

AM Best: Déjà vu All Over Again--More Secondary Events as US P/C Industry Marches Toward Rate Adequacy

A.M. Best Company, Inc. — Wed, 26 Mar 2025 06:00:00 +0000

AM Best Senior Director Jacqalene Lentz outlines a new Best's Market Segment Report that finds despite weather-related catastrophe losses, overall P/C underwriting results improved in 2024, and AM Best expects the industry to build on its solid rebound in 2025.

SAS Institute’s Manchester: Insurers Must Balance Ethics, Innovation, and Climate Resilience

A.M. Best Company, Inc. — Tue, 25 Mar 2025 06:00:00 +0000

Franklin Manchester, global insurance strategic advisor at SAS Institute explais how insurance leaders face a growing ethical responsibility to close the global protection gap — leveraging AI, data, and technology to build resilient communities while overcoming trust barriers and adapting to climate-driven risks.

AM Best: Rating Upgrades Up for P/C, but Downgrades Outnumber Upgrades for Life/Health in 2024

A.M. Best Company, Inc. — Mon, 24 Mar 2025 06:00:00 +0000

AM Best Industry Analyst Helen Andersen discusses two new Best's Special Reports on property/casualty and life/health 2024 rating trends.

Crum & Forster at 200: New Book Salutes a Legacy of Innovation, Leadership

A.M. Best Company, Inc. — Fri, 21 Mar 2025 06:00:00 +0000

Marc Adee, CEO, Crum & Forster, chronicles the company's two centuries of history, from insuring New York City buildings to delivering diverse risk solutions.

NCD’s Melamed: Regulatory Shifts and Consumer Demand Are Reshaping the Standalone Dental Insurance Market

A.M. Best Company, Inc. — Thu, 20 Mar 2025 06:00:00 +0000

Sam Melamed, CEO of NCD, discusses the evolving landscape of standalone dental insurance, exploring how shifting regulations, consumer preferences, and Medicare and ACA dynamics are influencing market opportunities and challenges.

AM Best: US Health Insurers Met Challenges in 2024, but Pressures Expected to Persist in 2025

A.M. Best Company, Inc. — Wed, 19 Mar 2025 06:00:00 +0000

Joseph Zazzera, director, and Jon Housel, senior financial analyst, both of AM Best, discuss a new Best's Market Segment Report that finds capitalization and liquidity remain strong, but the segment faces several earnings headwinds.

Zinnia’s Medd: How Technology Is Shaping the Future of Life and Annuity Sales

A.M. Best Company, Inc. — Tue, 18 Mar 2025 06:00:00 +0000

Brad Medd, chief technology officer, Zinnia, discusses how rising annuity sales are driving the need for digital transformation, pushing insurers to embrace real-time technology for a smooth customer-centric experience.

PropertyLens‘ Frady: Infrastructure Investments and Data Innovation Reshaping Risk Assessment for Insurers

A.M. Best Company, Inc. — Mon, 17 Mar 2025 06:00:00 +0000

Bob Frady, co-founder of PropertyLens, discusses how infrastructure spending, data analytics, and insurtech startups are transforming risk modeling, enabling insurers to move from broad-stroke rating to hyper-local assessments.

U of South Carolina’s Hartwig: Tariffs May Drive Up Costs, Disrupt Insurance Industry

A.M. Best Company, Inc. — Fri, 14 Mar 2025 06:00:00 +0000

Robert Hartwig, University of South Carolina, discussed how tariff expansion could impact the insurance industry: from rising costs to supply chain disruptions; and offers strategies to address these challenges.

Nationwide’s McGhiey: Half of Mid-Market Businesses Feel Unprepared for Evolving Risks

A.M. Best Company, Inc. — Thu, 13 Mar 2025 06:00:00 +0000

Nationwide risk management leader Mark McGhiey discusses the results of a survey that finds 50% of mid-market businesses struggle with economic uncertainty, supply-chain constraints and regulatory changes, highlighting gaps in preparedness.

AM Best: Use of Life/Annuity Sidecars as Asset-Intensive Reinsurance Solution Expected to Increase

A.M. Best Company, Inc. — Wed, 12 Mar 2025 06:00:00 +0000

AM Best Associate Director Jason Hopper outlines a new Best's Special Report that finds about a dozen US L/A companies ceded business to sidecars at year-end 2023, tripling since 2021.

Munich Re / APCIA Survey Reveals Consumer Concerns Over Legal Tactics Driving Insurance Costs

A.M. Best Company, Inc. — Tue, 11 Mar 2025 06:00:00 +0000

Bonnie Guth, head of government affairs at Munich Re, and Stef Zielezienski, chief legal officer, APCIA discuss a new survey by their two organizations highlighting growing consumer concerns over excessive lawyer advertising, nuclear jury awards, and hidden third-party litigation funding—factors that experts say are driving up insurance costs and the price of everyday goods.

Plug and Play’s Gonzalez: Insurers Embrace Open-Source AI to Drive Innovation, Efficiency

A.M. Best Company, Inc. — Mon, 10 Mar 2025 06:00:00 +0000

Eugenio Gonzalez, insurance leader at Plug and Play Ventures, discusses how insurers are leveraging open-source AI models to enhance transparency, reduce costs, and customize solutions, while innovation hubs are bridging the gap between startups and the insurance industry.

Insurance Search CEO: Insurance Coffee House Podcast Is Place to Be Inspired

A.M. Best Company, Inc. — Fri, 07 Mar 2025 07:00:00 +0000

Hosted by Nick Hoadley, CEO of Insurance Search, the Insurance Coffee House Podcast is an insightful and conversational interview program with leaders in the insurance and insurtech sectors. It includes practical management tips and advice.

Xceedance’s Kulkarni: Automation, Reinsurance Reshaping the E&S Insurance Market

A.M. Best Company, Inc. — Thu, 06 Mar 2025 07:00:00 +0000

Xceedance Executive Vice President Sachin Kulkarni discussed insights on the evolving excess and surplus insurance market, highlighting the impact of automation, technology, reinsurance, bundling and talent growth on the future of the sector.

AM Best: Continued Growth, Profits Create a Strong US Surety Market

A.M. Best Company, Inc. — Wed, 05 Mar 2025 07:00:00 +0000

AM Best Senior Industry Research Analyst Christopher Graham and Senior Financial Analyst Robert Valenta discuss a new Best's Market Segment Report that finds infrastructure projects lead the increase in public spending.

TransUnion’s Foy: Auto, Property Insurance Shopping Spiked in Q4 2024, Yet Profitability Remained Uneven

A.M. Best Company, Inc. — Tue, 04 Mar 2025 07:00:00 +0000

Patrick Foy, senior director of strategic planning, TransUnion’s insurance business, discussed what drove the surge in auto and property insurance shopping, insurer challenges from cat losses and rate limits, and how data targets top prospects.

Issues and Answers: Home Health Care Surging

A.M. Best Company, Inc. — Mon, 03 Mar 2025 07:00:00 +0000

Tony Canci, Vice President of Underwriting - Human Services at Philadelphia Insurance Cos., said the home health care sector is poised for growth in the years ahead.

Charles Taylor’s Bishop: Navigating Wildfire Recovery Means Complex Challenges

A.M. Best Company, Inc. — Fri, 28 Feb 2025 07:00:00 +0000

Beau Bishop, senior vice president of catastrophe operations, Charles Taylor, discusses the unique complexities of wildfire recovery, the critical role of insurance in safeguarding properties, and how agents can use these events as educational tools.

APCIA’s Passmore: New Tariffs Pose Potential Challenges for P/C Insurance Market

A.M. Best Company, Inc. — Thu, 27 Feb 2025 07:00:00 +0000

Robert Passmore, department vice president, personal lines, American Property Casualty Insurance Association, discusses how new tariffs could raise costs and disrupt supply chains for P/C insurers, and how strategies could ensure stability.

AM Best: Sustained Growth Potential for DUAE Market Segment

A.M. Best Company, Inc. — Wed, 26 Feb 2025 07:00:00 +0000

AM Best Industry Relations Associate Director Dawn Walker outlines a new Best’s Market Segment Report that finds a preponderance of insurers expects DUAE-sourced premium to continue to grow.

InnSure’s Sidoti: A Call for Innovation in Wildfire Risk Management

A.M. Best Company, Inc. — Tue, 25 Feb 2025 07:00:00 +0000

Charlie Sidoti, executive director, InnSure, discusses California's state-backed bailout of the Fair Plan, its impact on the insurance market, and why integrated innovation, community-focused reinsurance, and systemic reform are crucial for building long-term wildfire resilience.

AM Best: US Economy Starts 2025 on Solid Ground

A.M. Best Company, Inc. — Mon, 24 Feb 2025 07:00:00 +0000

AM Best Director Ann Modica highlights a new Best's Special Report that finds GDP continues to grow, and the likelihood of a recession has declined markedly.

"IMCA and AM Best Marketing Leader Lunch – By the Numbers: What Insurance Marketers Should Know About Insurance Data"

A.M. Best Company, Inc. — Fri, 21 Feb 2025 07:00:00 +0000

A panel of insurance marketing experts discuss innovative and evolving applications of data and predictive analytics in marketing and highlight key metrics and ratios that insurance marketers should understand to communicate effectively with their peers and stakeholders. This was a joint presentation of the Insurance Marketing & Communications Association (IMCA) and AM Best. (Event Date: January 24, 2025)

Marsh’s Quintal and We2Sure’s Wigzell: Insurance Facility Tackles Carbon Credit Fraud Risks

A.M. Best Company, Inc. — Thu, 20 Feb 2025 07:00:00 +0000

Jackie Quintal, managing director of Marsh’s Financial Institutions Group, and We2Sure Co-founder Simon Wigzell discuss carbon credit fraud and a new insurance facility to help businesses address the growing risk of fake carbon credits.

AM Best’s Tuite: ILS Market Hits $107 Billion as Cat Bonds, New Capital Drive Growth

A.M. Best Company, Inc. — Wed, 19 Feb 2025 07:00:00 +0000

AM Best Director Matt Tuite discusses the factors fueling the record-breaking expansion of the insurance-linked securities market, including strong investor returns, rising Cat bond issuance, and evolving investor appetite. Tuite spoke with AM Best at the Artemis ILS conference in New York.

ZestyAI’s Toth: Hidden Structures Put Millions at Risk of Underinsurance

A.M. Best Company, Inc. — Tue, 18 Feb 2025 07:00:00 +0000

ZestyAI CEO Attila Toth discusses a company analysis of 1 million homes that reveals nearly half of U.S. properties include multiple structures, uncovering a substantial gap in homeowners insurance coverage.

Conning’s Gittleman: Podcast Features Insights From Conning

A.M. Best Company, Inc. — Mon, 17 Feb 2025 07:00:00 +0000

Alyssa Gittleman, director and head of consulting and customer relations for Conning Insurance Research, discusses the podcast she hosts, “Beyond the Text,” which explores the program market with Conning experts.

Cyber Risks in the Insurance Supply Chain: A Growing Threat

A.M. Best Company, Inc. — Fri, 14 Feb 2025 07:00:00 +0000

Andrew Correll, senior Director of cyber insurability at SecurityScorecard, discusses key findings from a recent report on cybersecurity vulnerabilities in the insurance industry's supply chain, highlighting the alarming rate of third-party breaches and the urgent need for stronger risk management

Lockton’s Bannister: Las Vegas, New Orleans Incidents Underscore Shifting Terrorism Risks

A.M. Best Company, Inc. — Thu, 13 Feb 2025 07:00:00 +0000

James Bannister, head of global war and terrorism at Lockton, discusses how, as businesses reassess terrorism risks, insurers are refining risk models and how heightened awareness may boost demand for tailored coverage.

CAC’s Nichols: Chemical Liability, Emerging Risks Every Business Must Manage

A.M. Best Company, Inc. — Wed, 12 Feb 2025 07:00:00 +0000

Grant Nichols, senior vice president at CAC Specialty, discusses the growing financial and legal risks of “forever chemical” exposure, evolving regulations, and proactive risk management strategies to mitigate liability.

WTW’s Critchley: Year-End Attacks Highlight Need for Specialized Coverage, Risk Management

A.M. Best Company, Inc. — Tue, 11 Feb 2025 07:00:00 +0000

WTW Head of Crisis Management North America’s Fergus Critchley discusses how general liability, active assailant and terrorism insurance markets face scrutiny after the New Year’s Eve attacks, and the growing need for proactive risk management.

The Shifting Landscape of Terrorism Insurance

A.M. Best Company, Inc. — Mon, 10 Feb 2025 07:00:00 +0000

Tarique Nageer, terrorism placement advisory and leader, property practice at Marsh, discusses the implications of recent high-profile incidents in New Orleans and Las Vegas on the terrorism insurance market and how businesses and insurers are adapting to an unpredictable global threat landscape.

PwC’s Friedman: US Insurance Sector Poised for Strong 2025 Deal Activity

A.M. Best Company, Inc. — Fri, 07 Feb 2025 07:00:00 +0000

PwC U.S. Insurance Deals Leader Mark Friedman discusses expectations for strong deal activity this year, driven by investor interest, stabilized interest rates, potential regulatory easing post-elections and a private equity backlog of exits.

Navigating Market Volatility: Insights from Conning’s Annual Investment Risk Survey

A.M. Best Company, Inc. — Thu, 06 Feb 2025 07:00:00 +0000

Matt Reilly, head of insurance solutions for Conning, discusses key findings from the company’s annual Investment Risk Survey, revealing how P/C and life insurers are adapting their investment strategies amid evolving economic and market challenges.

WOWS’ Feldman: LA Wildfires Expose Insurance Challenges Amid Changing Climate, Urban Growth

A.M. Best Company, Inc. — Wed, 05 Feb 2025 07:00:00 +0000

Robert Feldman, cofounder, president, CEO, WOWS Insurance Services, discusses how the Los Angeles wildfires highlight the increasing challenges insurers face in high-risk areas and innovative strategies to mitigate risk and stabilize the market.

J.D. Power Report: Auto Insurance Shopping Hits Record Highs as Consumers Seek Lower Premiums

A.M. Best Company, Inc. — Tue, 04 Feb 2025 07:00:00 +0000

Stephen Crewdson, senior director at J.D. Power, discusses key findings from the latest Loyalty Indicator & Shopping Trends Report, including record-breaking shopping and switching rates and how insurers are responding to increased competition.

Inland Marine Insurance: Insights on Pet and Travel Insurance Performance Post-Pandemic

A.M. Best Company, Inc. — Mon, 03 Feb 2025 07:00:00 +0000

David Blades and Christopher Graham, AM Best, discuss the latest inland marine Insurance trends, including pet insurance profitability and travel insurance recovery.

Trust Re's Albaharna: Regional Insurers Should Resist Foreign Expansion, Focus on Local

A.M. Best Company, Inc. — Fri, 31 Jan 2025 07:00:00 +0000

Yassir Albaharna, managing director and group CEO, Trust Re, said MENA and African insurers should not be quick to expand internationally, given opportunities within local markets. Albaharna spoke with AM Best TV at the Global Insurance Forum, Miami.

Munich Re’s Tobias Grimm: 2024 a Record-Breaking Year for Catastrophe Losses

A.M. Best Company, Inc. — Thu, 30 Jan 2025 19:00:00 +0000

Tobias Grimm, chief climate scientist, Munich Re, discusses the $140 billion insured losses from natural disasters in 2024, the rising impact of climate change, and the industry's role in building resilience and addressing the protection gap.

UCT’s Allee: Survey Shows Life Insurers See Data as Key Hurdle Amid AI Challenges

A.M. Best Company, Inc. — Wed, 29 Jan 2025 07:00:00 +0000

Mike Allee, president, Universal Conversion Technologies, discusses a recent joint report by LIMRA, Equisoft and UCT showing that 66% of U.S. life insurers and 46% globally are not prepared for AI implementation.

Harnessing Data, Technology to Tackle California Wildfire Risks

A.M. Best Company, Inc. — Tue, 28 Jan 2025 07:00:00 +0000

Shanna McIntyre, co-founder and chief data officer at Delos, discusses her company's innovative approach to wildfire risk modeling, leveraging advanced data and technology, and its commitment to providing stable homeowners insurance coverage in wildfire-prone areas.

ValuePenguin: Auto Insurance Rate Increases Slowing

A.M. Best Company, Inc. — Mon, 27 Jan 2025 07:00:00 +0000

Divya Sangameshwar, an insurance expert and spokesperson for ValuePenguin, discusses a company report that shows while auto insurance premiums are rising for the seventh year in a row, this year rates are expected to increase only 7.5% compared with 16.5% in 2024.

Allianz Risk Barometer 2025: Cyber Tops the List Amid Rising Global Challenges

A.M. Best Company, Inc. — Fri, 24 Jan 2025 07:00:00 +0000

Tom Varney, regional manager for Allianz Commercial, discusses the top global business risks for 2025 as identified in Allianz’s Risk Barometer, including cyber threats, business interruption, and climate-related events, highlighting the importance of resilience and collaboration among insurers, brokers, and businesses.

Rackspace Survey: Resistance to AI, Data Security Concerns Cloud Strategies

A.M. Best Company, Inc. — Thu, 23 Jan 2025 07:00:00 +0000

Prince Varma, global vice president, and Ben Blanquera, VP of technology and sustainability, both of Rackspace Technology, discuss a recent survey.

AM Best: China’s New Energy-Vehicle Boom Transforms Motor Insurance Market

A.M. Best Company, Inc. — Wed, 22 Jan 2025 07:00:00 +0000

AM Best's Aaron Li discusses a new special report that examines how the rapid adoption of new energy vehicles in China is affecting motor insurers and the motor insurance market.

Xceedance’s Stokes: The Role of AI in Speeding Disaster Recovery

A.M. Best Company, Inc. — Tue, 21 Jan 2025 07:00:00 +0000

Ryan Stokes, client partner at Xceedance, discusses how AI and virtual tools are revolutionizing the property claims process, enabling faster damage assessments, fraud prevention, and quicker payouts.

Verisk’s Borman: Wildfire Modeling Advances Risk Assessment in a Changing Climate

A.M. Best Company, Inc. — Mon, 20 Jan 2025 07:00:00 +0000

Julia Borman, a leading expert at Verisk, discusses the company’s innovative wildfire catastrophe model, its alignment with new California regulations, and its role in enhancing risk assessment, pricing, and resilience planning for insurers facing the escalating challenges of wildfire activity.

New York Life’s Beligotti: Many Older Adults Unprepared for Soaring Long-Term Care Costs

A.M. Best Company, Inc. — Fri, 17 Jan 2025 07:00:00 +0000

Jeff Beligotti, head of long-term care solutions at New York Life, discusses the growing need for long-term care insurance, the financial hurdles aging Americans encounter and the vital role advisers play in addressing these challenges.

Allianz’s Schlesinger: A Global Perspective on Emerging Risks

A.M. Best Company, Inc. — Thu, 16 Jan 2025 07:00:00 +0000

Jarrod Schlesinger, global head of financial lines and cyber at Allianz, discusses the rising demand for directors & officers insurance amid escalating regulatory scrutiny, geopolitical instability and risks associated with AI and litigation funding.

AM Best’s Briefing – The Rating of Insurance-Related Asset-Backed Securities, Questions Answered

A.M. Best Company, Inc. — Wed, 15 Jan 2025 07:00:00 +0000

AM Best senior analytical staff explore common types of insurance ABS transactions and the key assumptions behind their ratings. They will discuss the default rates applied to the transactions’ collateral, the asset-dependent recovery rates, the use of credit substitution and enhancement on collateral and rated securities and the determination of the implied rating of the securities by applying AM Best’s Idealized Issue Default Matrix.

Navigating Risks and Opportunities in US Lithium Extraction

A.M. Best Company, Inc. — Tue, 14 Jan 2025 07:00:00 +0000

Fred Smith, EVP of mining and metals at CAC Specialty, discusses the potential of Arkansas lithium discovery, the operational and environmental risks in lithium extraction, and how insurance markets can adapt to support the growing U.S. electric vehicle battery production industry.

Cowbell’s Kudale: Cyber Threats Reveal Vulnerabilities

A.M. Best Company, Inc. — Mon, 13 Jan 2025 07:00:00 +0000

Cowbell Founder and CEO Jack Kudale discusses how recent cyber threats expose digital vulnerabilities and how predictive modeling and AI-driven, real-time risk assessment enable insurers to adapt strategies for managing non-malicious cyber events.

Nationwide's Werkheiser: The Future of Program Is 'Hyper-Specialization'

A.M. Best Company, Inc. — Fri, 10 Jan 2025 07:00:00 +0000

Eric Werkheiser, vice president, Nationwide, said the market is moving toward more specialized products and innovative delivery methods, including embedded insurance solutions and unique fronting arrangements. Werkheiser spoke with AM Best TV at Target Markets' 24th Annual Summit, held in Scottsdale.

LIMRA’s Hodgens: Life Insurance Industry Focuses on Growth, Innovation to Address Coverage Gap

A.M. Best Company, Inc. — Thu, 09 Jan 2025 07:00:00 +0000

Bryan Hodgens, senior vice president and head of research at LIMRA, explores the sector’s increasing priority on growth, with a focus on closing the protection gap that affects more than 100 million Americans.

AM Best: Favorable Signs for Nonstandard Auto

A.M. Best Company, Inc. — Wed, 08 Jan 2025 07:00:00 +0000

AM Best Associate Director David Blades and Associate Analyst Bryan Raber highlight a new Best's Market Segment Report that finds price adequacy and risk selection initiatives manifested in notably improved underwriting results during the first half of 2024.

Verisk’s Shavel: Generative AI in Insurance Addresses Industry Resilience, Flood Protection Gaps

A.M. Best Company, Inc. — Tue, 07 Jan 2025 07:00:00 +0000

Verisk CEO Lee Shavel highlights how the insurance industry is becoming more resilient in the face of catastrophic events, addresses the protection gap, and explores how generative AI will transform underwriting.

Weekly Lunches and No Silos: A Life Insurance Chief Executive's Hands-On Philosophy

A.M. Best Company, Inc. — Mon, 06 Jan 2025 07:00:00 +0000

Western & Southern Financial Group Chairman, President and CEO John F. Barrett reviews his 37-year tenure, during which a regional insurance company transformed into a diversified financial services enterprise.

AM Best: Driver Shortage, Inexperience Compound Commercial Auto Woes

A.M. Best Company, Inc. — Fri, 03 Jan 2025 07:00:00 +0000

AM Best Associate Director David Blades and Senior Industry Analyst Chris Graham discuss a new report on the U.S. commercial auto insurance segment, which experienced a $5 billion net underwriting loss in 2023 and worsening conditions in early 2024.

CAC’s Wakefield: M&A Surge Drives Changes in Transactional Liability Insurance

A.M. Best Company, Inc. — Thu, 02 Jan 2025 07:00:00 +0000

Michael Wakefield, EVP, CAC Specialty, discusses how rising M&A activity is impacting pricing, coverage and new insurance solutions, including warranties, tax, and contingent risk insurance.

Xceedance's Parcelli: Technology, AI Are Reshaping the MGA Landscape

A.M. Best Company, Inc. — Wed, 01 Jan 2025 07:00:00 +0000

Michael Parcelli, senior vice president, Xceedance, said the flexible nature of managing general agents allows them to embrace technology, which is now an essential ingredient to remaining competitive. Parcelli spoke with AM Best TV at Target Markets' 24th Annual Summit, held in Scottsdale.

Oliver Wyman's Moloney: Private Capital Reshapes Life Insurance Sector

A.M. Best Company, Inc. — Tue, 31 Dec 2024 07:00:00 +0000

Mick Moloney, partner, Oliver Wyman, cited the growing influence of private capital and the evolution of asset management-led insurance models. Moloney spoke with AM Best TV at the Global Insurance Forum in Miami.

AM Best's Jakobsen and Prince: Reinsurance Industry Sees Positive Outlook After Strategic Shift

A.M. Best Company, Inc. — Mon, 30 Dec 2024 07:00:00 +0000

Dr. Mathilde Jakobsen and Tim Prince, both of AM Best, said the reinsurance sector has maintained a positive outlook, upgraded from stable earlier in the year, primarily driven by performance. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

JD Power’s Garrett: Tech Investments Enhance Customer Experience

A.M. Best Company, Inc. — Fri, 27 Dec 2024 07:00:00 +0000

Mark Garrett director of insurance industry analytics, JD Power, discusses the growing focus on digital enhancements in the insurance industry, particularly in claims processing.

La. Commissioner Temple: State's New Property Insurance Laws Show Early Promise

A.M. Best Company, Inc. — Thu, 26 Dec 2024 07:00:00 +0000

Louisiana Insurance Commissioner Tim Temple highlighted four key property insurance reforms passed in his first regular session. Temple spoke with AM Best TV at the Joint Industry Forum 2024 in Miami.

IIS' Landau: Insurance Mergers Expand Focus From Market Share to Data Dominance

A.M. Best Company, Inc. — Wed, 25 Dec 2024 07:00:00 +0000

Joshua Landau, president, International Insurance Society, said data is an increasingly valuable currency in the industry as companies seek to build larger datasets to support analytical capabilities. Landau spoke with AM Best TV at the Global Insurance Forum in Miami.

AM Best's Carter: National Scale Ratings Expand Across Southeast Asia

A.M. Best Company, Inc. — Tue, 24 Dec 2024 07:00:00 +0000

Greg Carter, managing director, analytics, EMEA & Asia Pacific, said national scale ratings in markets including India, Indonesia, Philippines, and Vietnam, aim to better differentiate between companies within specific territories. Carter spoke with AM Best TV at the 20th Singapore International Reinsurance Conference.

Guy Carpenter’s Fung and At-Bay’s Ye: Small Businesses Confront Escalating Cyberrisks

A.M. Best Company, Inc. — Mon, 23 Dec 2024 07:00:00 +0000

Jess Fung, managing director and North American cyber analytics lead at Guy Carpenter, and Emma Ye, At-Bay vice president of risk, discuss a joint research report that explores the limitations of cyber catastrophe modeling for small- and medium-size businesses.

AM Best’s Briefing – 2025 Outlook: Old Challenges Persist for Some Lines, Renewed Optimism for Others

A.M. Best Company, Inc. — Fri, 20 Dec 2024 07:00:00 +0000

Senior AM Best analysts discuss 2025 outlooks and key factors that will impact the insurance industry in the coming year.

AI in Insurance: Unlocking the Future With Gradient AI's Smith

A.M. Best Company, Inc. — Thu, 19 Dec 2024 07:00:00 +0000

Stan Smith, CEO of Gradient AI, explores the transformative impact of generative artificial intelligence on the insurance industry, predicting innovations in claims management, underwriting, and operational efficiency for 2025 and beyond.

AM Best: US Personal Auto Segment Is Stabilizing

A.M. Best Company, Inc. — Wed, 18 Dec 2024 07:00:00 +0000

AM Best Financial Analyst Helen Andersen reviews a new report that shows higher premiums and lower combined ratios have improved the results of personal auto insurers in the United States.

Travelers Williams: Managing Employment Practices Liability During the Holiday Season

A.M. Best Company, Inc. — Tue, 17 Dec 2024 07:00:00 +0000

Chris Williams, EPL Product Manager at Travelers, warns employers about the heightened risks of employee-related claims during the holiday season, including issues around holiday parties, temporary staffing, and workplace stress, and provides practical steps to manage these exposures through careful planning and up-to-date EPLI policies.

Bolttech's Schimek: Partnerships Key to Closing 'Multi-Trillion Dollar’ Protection Gap

A.M. Best Company, Inc. — Mon, 16 Dec 2024 07:00:00 +0000

Rob Schimek, group CEO, Bolttech, said the insurtech firm, which operates on four continents, emphasizes collaboration as crucial to addressing the global protection gap. Schimek spoke with AM Best TV at the Global Insurance Forum in Miami.

III's Leonard: Insurers Aim to Balance Affordability, Solvency

A.M. Best Company, Inc. — Fri, 13 Dec 2024 07:00:00 +0000

Michel Leonard, chief economist and data scientist, Insurance Information Institute, acknowledged concerns about rising premiums while emphasizing insurers' responsibility to maintain solvency. Leonard spoke with AM Best TV at the GIF conference.

WTW’s Pham: Navigating Double-Digit Global Medical Cost Increases

A.M. Best Company, Inc. — Thu, 12 Dec 2024 07:00:00 +0000

Global medical costs are projected to rise by over 10% in 2025 for the third consecutive year, driven by advancements in medical technology, rising pharmaceutical prices, and increasing reliance on private health care. Linda Pham, global health and risk leader at WTW, discusses regional variations, the growing role of mental health services, and strategies for insurers and employers.

Workers’ Comp Technology

A.M. Best Company, Inc. — Wed, 11 Dec 2024 07:00:00 +0000

Phillip Maddox, a workers’ compensation senior consultant with Nationwide, highlighted the company’s long history of success with workers’ compensation, emphasizing the importance of embracing technology.

TransUnion Report Shows Spike in 3Q Auto Insurance Shopping

A.M. Best Company, Inc. — Tue, 10 Dec 2024 07:00:00 +0000

Patrick Foy, senior director of strategic planning, TransUnion, discusses the recent surge in auto insurance shopping activity, driven by increased advertising and competition in auto and property lines, marking record highs in consumer inquiries.

Navigating Innovation and Compliance: Insights From Johnson Lambert

A.M. Best Company, Inc. — Mon, 09 Dec 2024 07:00:00 +0000

Kim Mobley, a partner in business advisory services, and Matthew Kroniske, managing director, both of Johnson Lambert, delve into the evolving intersection of technology, regulation and insurance. They share their expertise on leveraging emerging technologies that enhance audit processes, manage cyberrisks and navigate regulatory landscapes without losing a client-focused approach.

Crum & Forster’s Adee Pens History Book, Warns Insurers of Forgotten Lessons

A.M. Best Company, Inc. — Fri, 06 Dec 2024 07:00:00 +0000

Marc Adee, CEO, Crum & Forster, is positioning his book as a cautionary tale for the next generation of insurance professionals. He hopes to prevent the cyclical pattern of learning and forgetting industry lessons.

NFP’s Sutton on Navigating Flood Risk, Insurance in a Changing Climate

A.M. Best Company, Inc. — Thu, 05 Dec 2024 07:00:00 +0000

Dana Sutton, flood practice lead at NFP, discusses the evolving landscape of flood insurance, the misconceptions surrounding flood risk, and how both the private market and National Flood Insurance Program can work together.

AM Best's Keenan: Innovation Is in Insurance's DNA

A.M. Best Company, Inc. — Wed, 04 Dec 2024 07:00:00 +0000

Andrea Keenan, EVP and chief strategy officer, AM Best, expressed confidence in the sector's adaptability, citing its evolution from horse-and-buggy to automobile coverage. Keenan spoke with AM Best TV at the Global Insurance Forum in Miami.

F&G Survey Finds US Investors More Risk Adverse

A.M. Best Company, Inc. — Tue, 03 Dec 2024 07:00:00 +0000

Chris Blunt, CEO of F&G Annuities and Life, discusses the findings of the company's new 'Risk Tracker' that shows events of the past year have impacted views on retirement and risk for the year ahead. Notably, it found that 80% of U.S. investors continue to cite inflation as the top concern.

Opportunity in Transactions

A.M. Best Company, Inc. — Mon, 02 Dec 2024 07:00:00 +0000

Michael Bacon, Head of US L&H Globals and US L&H Transaction Origination, Swiss Re, discussed tailored transactions.

AM Best's Yeo and Mistry: Insurers Grapple With Interconnected Global Risks

A.M. Best Company, Inc. — Fri, 29 Nov 2024 07:00:00 +0000

Angela Yeo and Mahesh Mistry, both of AM Best, outline the increasingly complex nature of global risk assessment in the insurance industry. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Allianz Report Shows Rising Cyber Claims Amid New Privacy, AI Risks

A.M. Best Company, Inc. — Thu, 28 Nov 2024 07:00:00 +0000

Tresa Stephens, regional head of cyber at Allianz Commercial, discusses the surge in large cyber claims, attributing it to increased data breaches, evolving AI-powered threats, and the growing need for robust cyber hygiene practices.

AM Best's Berenguer and Berti: Insurance Key Drivers Steady Amid IFRS-17 Implementation

A.M. Best Company, Inc. — Wed, 27 Nov 2024 07:00:00 +0000

Jose Berenguer and Romeo Berti, both of AM Best, said insurers' adoption of IFRS-17 has not substantially altered the fundamentals of operating performance. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings.

AMTrust Report Highlights Rising Risks, Safety for US Restaurants

A.M. Best Company, Inc. — Tue, 26 Nov 2024 07:00:00 +0000

Matt Zender, Senior vice president, workers’ compensation strategy at AmTrust Financial Services, discusses key findings from the 2024 Restaurant Risk Report, revealing the substantial impact of back injuries, burns, and strains caused by work-related insurance claims.

AM Best's Kitin and Hillebrandt: Global Tensions Elevate the Risks for Cyber Coverage

A.M. Best Company, Inc. — Mon, 25 Nov 2024 07:00:00 +0000

Todor Kitin and Morgane Hillebrandt, both of AM Best, said growing economic uncertainty and escalating geopolitical conflicts have led to an anticipated increase in the frequency of cyberattacks.

AM Best's Imsirovic: This Time It's Different for AI in Insurance

A.M. Best Company, Inc. — Fri, 22 Nov 2024 07:00:00 +0000

Edin Imsirovic, director, AM Best, said improvements in computing and data availability have created critical mass for AI development. Imsirovic spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

J.D. Power’s Crewdson: Auto Shopping Rates Soar in Third Quarter

A.M. Best Company, Inc. — Thu, 21 Nov 2024 07:00:00 +0000

Stephen Crewdson, senior director at J.D. Power, details the firm’s latest Loyalty Indicator & Shopping Trends report, conducted in collaboration with TransUnion. The report provides an overview of insurance shopping and loyalty behavior. The third quarter started slowly before rebounding in August and September.

AM Best Analysts See Evolution in IFRS-17 Reporting as Insurers Navigate Complex Standards

A.M. Best Company, Inc. — Wed, 20 Nov 2024 07:00:00 +0000

Anthony Silverman and Konstantin Langowski, both of AM Best, said that while IFRS-17 represents a significant step forward in insurance reporting, the industry can expect continued refinement and development in reporting practices.

NeuralMetrics’ Daley: Autonomous AI Assistants Revolutionize Insurance Underwriting

A.M. Best Company, Inc. — Tue, 19 Nov 2024 07:00:00 +0000

Marcus Daley, technical co-founder of NeuralMetrics, explores the transformative impact of autonomous AI assistants in insurance, highlighting how these advanced agents enhance efficiency, adapt to complex tasks and empower underwriters to improve risk assessments and customer engagement.

AM Best's Carter: EMEA Insurance Markets Show First Positive Rating Trend in 5 Years

A.M. Best Company, Inc. — Mon, 18 Nov 2024 07:00:00 +0000

Greg Carter, managing director, analytics, EMEA & Asia Pacific, AM Best, said the turning point came as rising interest rates improved investment returns. Carter spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings.

Pro MGA Global Solutions: Charting the Strategic Path of an International MGA Partner

A.M. Best Company, Inc. — Fri, 15 Nov 2024 07:00:00 +0000

Danny Maleary, CEO of Pro MGA Global Solutions, discusses the company’s adaptive journey in response to the dynamic MGA market, focusing on growth, innovation, and a global expansion strategy.

IBM’s Mclaughlin: Exploring Impact of AI on Insurance: Insights From IBM’s Latest Report

A.M. Best Company, Inc. — Thu, 14 Nov 2024 07:00:00 +0000

IBM Global Insurance Director Mark McLaughlin discusses findings from a recent report on how generative AI is reshaping the insurance industry, highlighting both opportunities and challenges based on insights from 1,000 C-suite executives and 4,700 customers across 23 countries.

AM Best's Holzberger and Diodato: Insurers Respond to Rising Cat Losses with De-Risking, Rate

A.M. Best Company, Inc. — Wed, 13 Nov 2024 07:00:00 +0000

Stefan Holzberger and Anthony Diodato, both of AM Best, said mutual insurers are de-risking portfolios, pursuing rate adequacy, adjusting terms and conditions, and implementing inflation-adjustable metrics in pricing algorithms. Both spoke with AM Best TV at NAMIC's 129th Annual Convention, held in Denver.

Leveraging Medical and Behavioral Data to Enhance Life Insurance Underwriting

A.M. Best Company, Inc. — Tue, 12 Nov 2024 07:00:00 +0000

Matt Stull, director of data science for LexisNexis Risk Solutions, discusses insights from a 2024 Life Insurance Mortality Risk Management Study that examines how integrating medical and behavioral data can improve mortality assessments, expand accessibility, and reduce underwriting biases for underserved populations.

Tech Panel: AI Will Displace Jobs but Also Create Opportunities for Upskilling

A.M. Best Company, Inc. — Mon, 11 Nov 2024 07:00:00 +0000

A panel of insurance technologists gathered by AM Best TV at the WSIA Annual Marketplace in San Diego said workers whose roles are being changed or eliminated by technology could be retrained and upskilled to fill other, particularly relationship-focused, positions in the industry.

Cyber Panel Warns of Longer-Tail Cyber Claims as Business Interruption Risks Grow

A.M. Best Company, Inc. — Fri, 08 Nov 2024 07:00:00 +0000

A panel gathered by AM Best TV at the WSIA Annual Marketplace in San Diego said a shift toward longer-tail claims represents a change in the cyber insurance landscape to which the industry is still adjusting.

Amica’s Drogan: Actuaries in Demand as Data, AI Sharpen Evolving Role of Risk Analysis

A.M. Best Company, Inc. — Thu, 07 Nov 2024 07:00:00 +0000

Peter Drogan, SVP and chief actuary, Amica Mutual Insurance Co., explains that aided by advanced analytics, AI-driven tools, and an increasing need for long-term risk management, today’s actuaries are adapting to powerful new methods that enhance their expertise.

AM Best: Gradual Increase in Insurers' Private Equity Investments in 2023

A.M. Best Company, Inc. — Wed, 06 Nov 2024 07:00:00 +0000

AM Best Senior Industry Research Analyst David Lopes discusses a new Best's Special Report that finds, despite the rise in holdings, investment income declined for a second straight year.

HSB’s Smidlein: New Solutions Needed for Green Energy Coverage

A.M. Best Company, Inc. — Tue, 05 Nov 2024 07:00:00 +0000

Scott Smidlein, head of the energy practice at HSB, said the sector has to be aware of policy lag and not rely on outdated forms to keep up with a quickly evolving risk landscape.

InsuranceAUM’s Foley: Podcast Explores Insurance Asset Management

A.M. Best Company, Inc. — Mon, 04 Nov 2024 07:00:00 +0000

Stewart Foley, host of the InsuranceAUM podcast, discusses how he delves into the latest trends, challenges and opportunities to provide listeners with perspectives and practical advice in the world of insurance asset management.

CMR Consulting’s Roberts: Inform Consumers 'Dangerously' About Insurance Claims

A.M. Best Company, Inc. — Fri, 01 Nov 2024 06:00:00 +0000

Chantal Roberts, CMR Consulting, discusses her new book "Once Upon a Claim, Fairy Tales to Protect Your Assets." The book incorporates insurance principles into familiar fairy tales, nursery rhymes and fables to make complex concepts more accessible.

AM Best TV Special Presentation: Pushing Back the Risk Frontier: How Insurers Are Co-Opting the Insurtech Playbook

A.M. Best Company, Inc. — Thu, 31 Oct 2024 06:00:00 +0000

AM Best TV Special Presentation: How Insurers are Launching Their Own Evolutionary Tech

A.M. Best Company, Inc. — Wed, 30 Oct 2024 06:00:00 +0000

AM Best TV hosted a panel discussion about insurers developing strategies and confronting challenges while launching evolving technology in the industry.

AM Best TV Special Presentation: New Models for Managing Successful Insurance Tech Evolution

A.M. Best Company, Inc. — Tue, 29 Oct 2024 06:00:00 +0000

AM Best TV hosted a panel discussion about evolving technology that’s proven to be innovative, revolutionary and successful in the industry.

AM Best TV Special Presentation: How Insurers Are Incubating Their Own Technology

A.M. Best Company, Inc. — Mon, 28 Oct 2024 06:00:00 +0000

AM Best TV hosted a panel discussion about the development of cutting-edge technologies and their integration into the insurance industry.

Mutual Panel at NAMIC: Regional Disparities Emerge in Mutual Insurance Performance

A.M. Best Company, Inc. — Fri, 25 Oct 2024 06:00:00 +0000

A panel gathered by AM Best TV at NAMIC's 129th Annual Convention said a new report identifies how legal system abuse and social inflation affect different regions. The report emphasizes the importance of integrated claims, underwriting, and actuarial functions in high-performing mutual insurers.

J.D. Power’s Crewdson: Survey Spells Good News for Independent Agents

A.M. Best Company, Inc. — Thu, 24 Oct 2024 06:00:00 +0000

Stephen Crewdson, senior director of insurance business intelligence at J.D. Power, details the findings of a new survey that shows “great trends” when it comes to the happiness of independent insurance agents.

AM Best: Temporary Extension Protects NFIP Through Hurricane Season; Longer-Term View Is Clouded

A.M. Best Company, Inc. — Wed, 23 Oct 2024 06:00:00 +0000

AM Best Senior Industry Analyst Christopher Graham discuss a new Best's Special Report that finds private insurer appetite for flood risks appears to be sluggish.

Caymans Finance Ministers See “Huge Opportunity” Coming Out of US

A.M. Best Company, Inc. — Tue, 22 Oct 2024 06:00:00 +0000

David Self, chair, Cayman International Reinsurance Companies Association said “there's a huge opportunity coming out of the life and annuity space in the US”. André Ebanks, minister for financial services and commerce, minister for investment innovation and social development, and deputy premier of Cayman Islands went on to say that “Cayman is committed to a very robust regulatory regime that drives deals”.

Issues & Answers: Enhancing Claims With AI

A.M. Best Company, Inc. — Mon, 21 Oct 2024 06:00:00 +0000

Marc Rothchild, SVP and Head of Claims at Xceedance, explained that his team is fully equipped to understand the guiding principles of artificial intelligence.

Panel: Private Market Takes Cautious Approach to Flood Insurance Amid Climate Uncertainty

A.M. Best Company, Inc. — Fri, 18 Oct 2024 06:00:00 +0000

A panel at the WSIA Annual Marketplace in San Diego said private insurers are assessing their appetite for flood risk due to changing climate conditions and increased frequency of severe storms.

CAC’s Goyton: D&O Defense Costs to Remain High for Rest of 2024

A.M. Best Company, Inc. — Thu, 17 Oct 2024 06:00:00 +0000

Rik Goyton, SVP for CAC specialty says that significantly rising defense costs, increased SEC activity and a resurgence of securities class action filings are a few of the most top-of-mind trends impacting the D&O market so far in 2024.

AM Best: Hurricane Milton To Pose Severe Challenge for Florida Property Insurers, Reinsurers

A.M. Best Company, Inc. — Wed, 16 Oct 2024 06:00:00 +0000

AM Best Associate Director David Blades and Senior Industry Analyst Christopher Graham discuss a new Best's Commentary that finds newly formed take carriers will be severely tested as affordability and availability issues will be exacerbated.

Swiss Re’s Sprackling: Covid Pandemic has been Synonymous with Excess Mortality

A.M. Best Company, Inc. — Tue, 15 Oct 2024 06:00:00 +0000

Neil Sprackling, CEO US Life and Health, Swiss Re says that despite projected excess mortality continuing in the US for the next 10 years, COVID-19 pandemic-linked excess mortality may disappear by 2028, reverting to pre-pandemic expectations.

KCC’s Clark: Milton Could Have Caused Worst-Case Scenario

A.M. Best Company, Inc. — Mon, 14 Oct 2024 06:00:00 +0000

Karen Clark, co-founder and CEO of risk modeler KCC, said that while Hurricane Milton and accompanying tornadoes ravaged Florida significantly, the results could have been much worse.

E&S Panel at WSIA: Climate Risks, Emerging Technologies Reshape E&S Landscape

A.M. Best Company, Inc. — Fri, 11 Oct 2024 06:00:00 +0000

A panel gathered by AM Best TV at the WSIA Annual Marketplace conference in San Diego said the excess and surplus sector has evolved from being perceived as a market for hard-to-place risks to becoming a staple in the insurance community.

Munich Re’s Blanco: D&O Defense Costs Rising

A.M. Best Company, Inc. — Thu, 10 Oct 2024 06:00:00 +0000

Marcia Blanco, head of financial lines at Munich Re Specialty, said as a result of regulatory claims, defense costs for directors and officers have skyrocketed.

AM Best: US Property/Casualty Mutuals Resilient Despite Persistent Volatility

A.M. Best Company, Inc. — Wed, 09 Oct 2024 06:00:00 +0000

AM Best Financial Analyst Lauren Magro discusses a new Best's Market Segment Report finding that P/C mutuals report surplus growth, and pursue rate adequacy amid another year of increasing severe storm frequency.

HSB’s Law: SMEs Lacking in Cyber Coverage

A.M. Best Company, Inc. — Tue, 08 Oct 2024 06:00:00 +0000

Dan Law, head of the cyber practice at HSB, said small and medium enterprise businesses have been slow to adopt cyber protection into their coverage, however insurers need to focus on bringing a product to that market that makes sense.

NAMIC's Alldredge: P/C Mutual Sector Sees Consolidation Trend, Not Demutualization

A.M. Best Company, Inc. — Mon, 07 Oct 2024 06:00:00 +0000

Neil Alldredge, president & CEO, NAMIC, said that while new mutual formations are rare, existing companies are expanding into new lines of business and geographic areas. Alldredge spoke with AM Best TV at NAMIC's 129th Annual Convention, held in Denver.

Innovation Panel: The Future of E&S Risk Assessment Is AI, Predictive Analytics

A.M. Best Company, Inc. — Fri, 04 Oct 2024 06:00:00 +0000

The panel also addressed potential pitfalls of innovation, such as the challenges of pricing products before knowing their true cost and the need for strong balance sheets to support innovative ventures. Panelists spoke with AM Best TV at the WSIA Annual Marketplace in San Diego.

LIMRA’s Hodgens: US Annuity Sales Hit Record $215 Billion in First Half of 2024

A.M. Best Company, Inc. — Thu, 03 Oct 2024 06:00:00 +0000

Bryan Hodgens, senior vice president and head of research, LIMRA and LOMA, said annuity sales surged 19% to $215.2 billion, with fixed index and registered index-linked annuities setting new records, according to LIMRA’s U.S. annuity sales survey.

Podcasters Inform Washington State Insurance Consumers

A.M. Best Company, Inc. — Wed, 02 Oct 2024 06:00:00 +0000

Aaron VanTuyl and Matt Baide, podcast hosts, Washington State Office of the Insurance Commissioner, discuss the "OIC Answers" podcast that seeks to inform Evergreen State consumers on a wide range of insurance topics.

Issues & Answers: A Matter of Fairness

A.M. Best Company, Inc. — Tue, 01 Oct 2024 06:00:00 +0000

Gary Wang, senior consulting actuary for Pinnacle Actuarial Resources, said that the issue of fairness is a very common social discussion that’s taking place across a wide spectrum of industries, and insurance is part of that.

AM Best: Changing Trends Continue to Push Demand for Health Reinsurance

A.M. Best Company, Inc. — Mon, 30 Sep 2024 06:00:00 +0000

AM Best Director Doniella Pliss highlights a new Best's Market Segment Report that finds growing health care utilization and medical inflation are expanding the role of health reinsurance.

Everest's Andrade: Reinsurers, Clients Adapt to 'New Norm' in Risk Landscape

A.M. Best Company, Inc. — Fri, 27 Sep 2024 06:00:00 +0000

Juan Andrade, president & CEO, Everest Group, said concerns about social inflation and legal-system abuse are contributing to increased severity in claims across the industry. Andrade spoke with AM Best TV at the Rendez-Vous de Septembre conference in Monte Carlo.

NCCI’s Glenn: Workers' Comp Line Stable With Low Combined Ratios, Moderate Costs

A.M. Best Company, Inc. — Thu, 26 Sep 2024 06:00:00 +0000

NCCI chief actuary Donna Glenn reports strong profitability in workers' compensation as frequency of claims continues to decline, severity aligns with wage growth, and medical inflation remains moderate.

AM Best: Workers' Compensation Winning Streak Continues

A.M. Best Company, Inc. — Wed, 25 Sep 2024 06:00:00 +0000

David Blades, associate director, and Christopher Graham, senior industry analyst, both of AM Best, highlight a Best’s Market Segment Report that finds profits continued in 2023 and conditions are right for another strong year in 2024.

Travelers’ Baker: Private Companies Face Different D&O Exposures

A.M. Best Company, Inc. — Tue, 24 Sep 2024 06:00:00 +0000

Patrick Baker, private directors and officers product manager at Travelers, discusses the different exposures private companies face compared with their publicly traded counterparts.

KCC Estimates $50 Billion in 2024 Insured US Losses

A.M. Best Company, Inc. — Mon, 23 Sep 2024 06:00:00 +0000

Karen Clark, founder of catastrophe modeler KCC, discusses the amount of insured losses so far in 2024, about $40 billion of which she attributes to convective storm activity.

Munich Re’s Grimm Assessment: Nat Cat Losses on the Rise

A.M. Best Company, Inc. — Fri, 20 Sep 2024 06:00:00 +0000

Tobias Grimm, head of climate advisory and natural catastrophe data with Munich Re’s climate change solutions department, says that the first half of 2024 has been a costly year for P/C insurers due to increased tornado activity and regional weather extreme events.

Gallagher Re’s Johnston: Insurtech Spending Surging

A.M. Best Company, Inc. — Thu, 19 Sep 2024 06:00:00 +0000

Andrew Johnston, global head of insurtech for Gallagher Re, details the findings of a recently published report about levels of investment and funding for insurance-related technology including artificial intelligence.

AM Best's 2024 Reinsurance Market Briefing - Rendez-Vous de Septembre

A.M. Best Company, Inc. — Wed, 18 Sep 2024 06:00:00 +0000

Firmly established for years as the leading open-invitation market presentation event at the Rendez-Vous in Monte Carlo, this briefing is a unique opportunity for reinsurance market insight and opinion ahead of busy bilateral meeting schedules. Key discussion points include: AM Best's trend analysis on the global reinsurance sector; if pricing discipline will be maintained; AM Best’s global reinsurance outlook and the drivers of future rating movements; the impact of alternative capital and ILS; and key rating issues impacting all reinsurers.

Podcast: AM Best's Walker Explains Benefits of a Performance Assessment

A.M. Best Company, Inc. — Tue, 17 Sep 2024 06:00:00 +0000

Dawn Walker of AM Best was recently interviewed on the Insurance Nerds podcast, on which she detailed advantages of a Performance Assessment for delegated underwriting authority enterprises in providing transparency.

New York Life's Ruggles: Retirement Planning Strategies Vary Across Age Groups

A.M. Best Company, Inc. — Mon, 16 Sep 2024 06:00:00 +0000

Jessica Ruggles, corporate vice president, New York Life, said baby boomers are more likely to have savings than other generations, while younger workers, including Gen Z, are recognizing the importance of early planning.

Author: Transforming Inner Dialogue Helps Unlock Sales Excellence

A.M. Best Company, Inc. — Fri, 13 Sep 2024 06:00:00 +0000

In his book, The Anxious Salesman, sales author J. Sheldon Snodgrass provides a roadmap for insurance professionals to replace their inner critic with empowering dialogue, fostering sales success and inner peace.

Podcast: Filling a Technology Gap

A.M. Best Company, Inc. — Thu, 12 Sep 2024 06:00:00 +0000

Insurtech Building Blocs, a podcast hosted by AgencyBloc CEO Tim Robinson and CTO Cory Schmidt, takes a macro look at health benefits and senior market Insurtech industry happenings.

Issues & Answers: ERM for Mutuals

A.M. Best Company, Inc. — Wed, 11 Sep 2024 06:00:00 +0000

Chris Myers, enterprise capital strategist at New England Asset Management, said risk-adjusted returns and benchmarks can be very effective.

Issues & Answers: Future of PFAS Risk

A.M. Best Company, Inc. — Tue, 10 Sep 2024 06:00:00 +0000

Jamie Langes, vice president of environmental underwriting for Philadelphia Insurance, said that per- and polyfluoroalkyl substances, known commonly as PFAS, represent an opportunity for significant losses for companies in a wide range of industries.

Issues & Answers: Emerging Markets

A.M. Best Company, Inc. — Mon, 09 Sep 2024 14:24:26 +0000

Mike Marks, AVP, emerging markets, Nationwide Excess & Surplus and Specialty, says that his dedicated team brings the capability to Nationwide to explore and discover emerging and unmet customer needs to address these unique opportunities.

Issues & Answers: AI Adoption in Insurance

A.M. Best Company, Inc. — Fri, 06 Sep 2024 06:00:00 +0000

Manish Khetan, president and co-founder of Xceedance, said that the speed at which artificial intelligence technologies have grown has allowed insurance companies to evolve faster than ever.

Issues & Answers: Commitment to Resiliency

A.M. Best Company, Inc. — Thu, 05 Sep 2024 06:00:00 +0000

Neil Sprackling, CEO Life & Health Reinsurance US, Swiss Re, said that coming out of the worst stages of the pandemic, excess mortality stood at around 4%.

Issues & Answers: Winds of Change

A.M. Best Company, Inc. — Wed, 04 Sep 2024 06:00:00 +0000

Tim Antonelli, head of insurance multi-asset strategy for Wellington Management, says insurers should refocus their investment efforts to be more dynamic and opportunistic.

Issues & Answers: Effective Asset Management

A.M. Best Company, Inc. — Tue, 03 Sep 2024 06:00:00 +0000

Matt Daly, managing director, head of Conning North America said that the higher interest rate environment has been impacting clients.

Issues & Answers: Dynamic Specialty Market

A.M. Best Company, Inc. — Mon, 02 Sep 2024 06:00:00 +0000

Sabrina Hart, president and CEO, Munich Re Specialty - North America, said that risk taking is a core competency for the company.

University of Georgia Educators: Program Addresses Disaster Risk Communications

A.M. Best Company, Inc. — Fri, 30 Aug 2024 06:00:00 +0000

Yan Jin, professor of crisis communication leadership at the Grady College of Journalism and Mass Communication; Curt Harris, a professor in the College of Public Health and director of the University of Georgia’s Institute for Disaster Management; and James Carson, head of the Department of Insurance in the Terry College of Business and a professor of risk management, discuss a new graduate certificate in Crisis, Risk, and Disaster Communication. The program is designed to equip students with the skills necessary for proactive readiness, and to address complex communication challenges in disaster situations.

J.D. Power: Consumers Shopping for Auto Insurance in Record Numbers

A.M. Best Company, Inc. — Thu, 29 Aug 2024 06:00:00 +0000

Stephen Crewdson, senior director, insurance business development at J.D. Power discusses the latest report that shows the highest quarterly shopping/quote rate for private passenger auto insurance since the company’s loyalty indicator shopping trends (LIST) has been published.

AM Best’s Briefing – Captives: Solid Performance and Innovation Continues

A.M. Best Company, Inc. — Wed, 28 Aug 2024 06:00:00 +0000

AM Best's analytical captive team and industry experts discuss the recent performance of the captive sector and other alternative risk transfer (ART) instruments.

Verisk’s Shavel: Greater Need for Data Integration

A.M. Best Company, Inc. — Tue, 27 Aug 2024 06:00:00 +0000

Lee Shavel, president and CEO, Verisk Analytics explains how there is a need in the insurance industry to accelerate and expand both the data and insights that data generates.

Conning's Kothavale: M&A Activity in MGA Sector Poised for Rebound

A.M. Best Company, Inc. — Mon, 26 Aug 2024 06:00:00 +0000

Lauryn Kothavale, vice president, insurance research, Conning, said growth in the MGA market is driven by talent, technology and specialization. Fronting companies play an increasing role, while Lloyd's remains the top capacity provider.

IMCA and AM Best Marketing Leader Lunch: How AI Is Revolutionizing Insurance Marketing

A.M. Best Company, Inc. — Fri, 23 Aug 2024 06:00:00 +0000

Industry experts discuss insurance marketers’ use of artificial intelligence in their jobs and organizations, where AI fits into marketing workflows and how the various platforms meet insurance marketers’ needs.

Munich Re’s Blanco: Return to Office Policies Spell Risk for Employers

A.M. Best Company, Inc. — Thu, 22 Aug 2024 06:00:00 +0000

Marcia Blanco, head of financial lines, Munich Re Specialty North America, explains how after years of working from home due to a pandemic, employers are mandating that employees return to the office, leading to a host of workplace risks.

AM Best: Asset Manager Relationships Lead Insurers' Shift to Private Credit

A.M. Best Company, Inc. — Wed, 21 Aug 2024 06:00:00 +0000

AM Best Associate Director Jason Hopper outlines a new Best's Special Report that finds holdings of private structured securities (non-MBS) have nearly quadrupled since 2013.

Flow Specialty: Crowdstrike Incident Not Expected to Impact Cyber Market

A.M. Best Company, Inc. — Tue, 20 Aug 2024 06:00:00 +0000

Discussing the recent Crowdstrike cyber incident, David Derigiotis, president of brokerage and head of insurance at Flow Specialty, said “carriers are willing to stomach a true system failure and not an actual malicious attack … intended to cause harm.”

Retirement Risk Experts: How Annuities Can Be Part of a Successful Retirement

A.M. Best Company, Inc. — Mon, 19 Aug 2024 06:00:00 +0000

Jeff Dellinger, the author of The Handbook of Variable Income Annuities, and Bruno Caron, a financial and actuarial professional, discuss the guaranteed lifetime withdrawal benefit and other life insurance options with a financially successful retirement in mind.

VIU by HUB’s Davis: Embedded Insurance Revolutionizing Distribution

A.M. Best Company, Inc. — Fri, 16 Aug 2024 06:00:00 +0000

Bryan Davis, president, VIU by HUB, discusses how embedded insurance opens up new distribution channels and broadens market reach, tapping into customer bases that might not actively seek out insurance.

Verisk’s Acharya: Models Aiding in Crop Insurance Risk

A.M. Best Company, Inc. — Thu, 15 Aug 2024 18:00:00 +0000

Subodh Acharya senior scientist at Extreme Event Solutions for Verisk says growing conditions have been favorable for US farmers thus far in 2024 spelling good news for consumers as well as crop insurers and reinsurers.

AM Best: US Crop Insurance Struggles Continue Due to Drought, Commodity Price Volatility

A.M. Best Company, Inc. — Wed, 14 Aug 2024 06:00:00 +0000

AM Best Associate Director Connor Brach outlines a new Best's Market Segment Report that finds consolidation continues as companies seek to improve underwriting results through scale and geographic diversification.

TMG’s Fleming: Mutuals Face Multiple Challenges

A.M. Best Company, Inc. — Tue, 13 Aug 2024 06:00:00 +0000

Tim Fleming, CEO of The Mutual Group, discusses issues facing mutual insurers and how technology platforms are helping to level the playing field for smaller companies to become more competitive.

Boxx’s Itriago: Small Businesses in the Crosshairs of Growing Cybercrime

A.M. Best Company, Inc. — Mon, 12 Aug 2024 06:00:00 +0000

Boxx Insurance USA President Hilario Itriago discusses the need for robust cybersecurity measures and cyber insurance to protect small and midsize businesses from financial and reputational damage.

Alliant’s Finz: Growing Threats Spur Need for Robust Security Strategies, Insurance

A.M. Best Company, Inc. — Fri, 09 Aug 2024 06:00:00 +0000

In his book, The Cyber Insurance Imperative, David Finz, first vicepresident, Alliant Insurance Services, discusses the evolving cyber-threat environment and the need for risk transfer solutions to manage organizations’ financial and reputational impact of those incidents.

Swiss Re: Convective Storms Leading to More Losses

A.M. Best Company, Inc. — Thu, 08 Aug 2024 06:00:00 +0000

Elisabeth Viktor, senior natural catastrophe specialist for Swiss Re discusses the increase in convective storms and so called nonpeak perils and the impact it’s having on the insurance industry.

AM Best’s Briefing: Cyber Insurance Market – Providing Dynamic Solutions for a Fast-Paced Risk

A.M. Best Company, Inc. — Wed, 07 Aug 2024 06:00:00 +0000

Please join senior AM Best research staff and industry experts as they delve into the current state of the cyber insurance industry.

LIMRA’s Benson-Bray: Benefits Packages to Grow as Companies Compete for Talent

A.M. Best Company, Inc. — Tue, 06 Aug 2024 06:00:00 +0000

Kellie Benson-Bray, member relations director of workplace benefits, LIMRA, discussed how U.S. workplace benefits sales results were mixed in 2024’s first quarter, and how demand for broader benefits packages are expected to grow in the next several years.

Podcast Covers London Insurance Market

A.M. Best Company, Inc. — Mon, 05 Aug 2024 06:00:00 +0000

Behind the headlines, a podcast hosted by Insurance Insider senior reporter Sam Casey, covers events shaping the London insurance and reinsurance markets, from cat events to disasters such as the Baltimore Key Bridge collapse and the lingering impacts of a pandemic.

AICPA Issues New Guidance

A.M. Best Company, Inc. — Fri, 02 Aug 2024 06:00:00 +0000

Darcie Truttmann, Senior Consulting Actuary for Pinnacle Actuarial Resources, said that new guidance from the American Institute of Certified Public Accountants could impact the working relationship between actuaries and auditors.

Nationwide’s Talkowski: Distracted Driving on the Rise in Commercial Vehicles

A.M. Best Company, Inc. — Thu, 01 Aug 2024 06:00:00 +0000

Kristina Talkowski, Nationwide’s leader of middle market commercial lines, discusses a new study that shows company drivers are facing increased distractions and safety risks on the road.

AM Best’s Briefing: Cyber Insurance Market – Providing Dynamic Solutions for a Fast-Paced Risk

A.M. Best Company, Inc. — Wed, 31 Jul 2024 06:00:00 +0000

Please join senior AM Best research staff and industry experts as they delve into the current state of the cyber insurance industry.

TransUnion’s Deal: Report Finds Auto Insurance Shopping Increased in 1Q

A.M. Best Company, Inc. — Tue, 30 Jul 2024 06:00:00 +0000

Stothard Deal, vice president, strategic planning, TransUnion insurance business, discusses a recent report that shows U.S. consumers who shopped for auto insurance increased by 6% in the first quarter, year-to-year.

Lockton’s Moitoso: Intensified Competition Stabilizes US Commercial Insurance Market

A.M. Best Company, Inc. — Mon, 29 Jul 2024 06:00:00 +0000

Mark Moitoso, executive vice president, risk practices leader, Lockton Cos., discusses how increased competition and the current economic and geopolitical climate are impacting the U.S. commercial insurance market.

KWh Analytics’ Kaminsky: Solar Industry's Surge in 2023 Highlights Need for Improved Data, Risk Strategies

A.M. Best Company, Inc. — Fri, 26 Jul 2024 06:00:00 +0000

KWh Analytics CEO Jason Kaminsky said the solar industry’s ongoing expansion, supported by the Inflation Reduction Act and the growing need for clean energy, emphasizes the necessity for detailed data, asset protection and collaboration among industry leaders.

Conning's Sega: Portfolio Managers Brace for Geopolitical Risk

A.M. Best Company, Inc. — Thu, 25 Jul 2024 06:00:00 +0000

Rich Sega, global chief investment strategist for Conning, examines the numerous geopolitical risks around the globe and opines on how insurance asset managers should react.

AM Best: US D&O Pricing Softens as Premiums Continue to Decline

A.M. Best Company, Inc. — Wed, 24 Jul 2024 06:00:00 +0000

AM Best Associate Director David Blades and Senior Industry Analyst Christopher Graham discuss a new Best's Special Report that finds significant uncertainty remains about claims still open from accident years 2017-2020 and their impact on future profitability.

Travelers' Strydom: Prepare for Hurricanes Before They Arrive

A.M. Best Company, Inc. — Tue, 23 Jul 2024 06:00:00 +0000

Will Strydom, senior account engineer with Travelers Insurance, national property unit, discusses prepatory steps businesses can take pre-hurricane, and how agents and brokers can assist.

III’s Porfilio: US P/C Underwriting Improved Slightly in 2023 Despite Personal Lines Drag

A.M. Best Company, Inc. — Mon, 22 Jul 2024 06:00:00 +0000

Insurance Information Institute Chief Insurance Officer Dale Porfilio said the U.S. property/casualty industry saw a minor uptick in underwriting performance in 2023, while personal lines persist as the main source of underwriting losses.

PRMS’ Santana: Initiative Bridges P/C Insurance Services Gap for Women

A.M. Best Company, Inc. — Fri, 19 Jul 2024 06:00:00 +0000

Personal Risk Management Solutions President and CEO Celia Santana discusses the new PRMSbyHerSide program that addresses the insurance needs of women, including heads of household and those experiencing life-altering transitions like divorce and widowhood.

Swiss Re Report: Dog Days Done for US P&C

A.M. Best Company, Inc. — Thu, 18 Jul 2024 06:00:00 +0000

James Finucane, senior economist for Swiss Re, details the findings of a new report that shows the US Property & Casualty sector in 2024 registered its best first-quarter underwriting results in more than 15 years.

AM Best: Stable Outlook Assigned for Global Cyber Insurance Segment

A.M. Best Company, Inc. — Wed, 17 Jul 2024 06:00:00 +0000

AM Best Industry Research & Public Relations Senior Director Sridhar Manyem and Senior Industry Analyst Christopher Graham highlight key findings from two new Best's Market Segment Reports on the global and U.S. cyber insurance segments.

Verisk’s Law: AI Poses Risk to Insurance Industry

A.M. Best Company, Inc. — Tue, 16 Jul 2024 06:00:00 +0000

Emily Law, director of analytics for Verisk Claims, says while artificial intelligence has revolutionized digital media, it has also heightened the risk of generating fraudulent content.

Ryan Specialty Executives: Leadership Transition Underway

A.M. Best Company, Inc. — Mon, 15 Jul 2024 06:00:00 +0000

Patrick Ryan, the founder, chairman, and CEO of Ryan Specialty will transition to the role of executive chairman on Oct. 1, when Tim Turner will become chief executive officer. They spoke to AM Best about their long relationship and the future of the company.

Author: Mastering Insurance Pricing Involves Diverse Skills, Robust Support

A.M. Best Company, Inc. — Fri, 12 Jul 2024 06:00:00 +0000

In his book, Price Writers Co-Founder Jeremy Keating discusses his nine-step method designed to help insurance pricing directors build a winning team and excel in today’s challenging market.

Cognizant’s Varanasi: Future of Insurance Is Exciting

A.M. Best Company, Inc. — Thu, 11 Jul 2024 06:00:00 +0000

Sarat Varanasi, North American insurance business leader at Cognizant, discusses how technologies such as generative artificial intelligence and digital twins will impact the insurance industry for years to come, especially the customer experience.

Allianz’s Khanna: Shipping Industry Evolving in Two Different Directions

A.M. Best Company, Inc. — Wed, 10 Jul 2024 06:00:00 +0000

Rahul Khanna, global head of marine risk consulting at Allianz Commercial, says that lost vessels hit a record low in 2023, but fires aboard large container ships have increased.

The Hartford's Risk Monitor Highlights Top Risks Heading into 2025

A.M. Best Company, Inc. — Tue, 09 Jul 2024 06:00:00 +0000

Mo Tooker, head of Commercial Lines for The Hartford discusses the findings of the company’s recently released ‘Risk Monitor’ which surveyed brokers and customers as to what their biggest risk concerns were. Among those concerns are the economy, supply-chain disruption and political uncertainty.

Insurance Podcast Hosts: Platform Tackles Relevant P&C Issues

A.M. Best Company, Inc. — Mon, 08 Jul 2024 06:00:00 +0000

Pete Tessier and Curt Wyatt, hosts of the Insurance Podcast, take on homeowners, auto, business insurance companies and the people who work for them in their media platform.

Accident & Health Leader

A.M. Best Company, Inc. — Fri, 05 Jul 2024 06:00:00 +0000

William Flinker, Assistant Vice President of the Accident & Health Division at Philadelphia Insurance Cos., said PHLY provides a lot of benefits for agents doing business in the Accident & Health segment.

Embracing AUW

A.M. Best Company, Inc. — Thu, 04 Jul 2024 06:00:00 +0000

Jeremy Lane, Head of Mortality Services in the United States for Swiss Re, said that accelerated underwriting (AUW) has become increasingly essential for many insurance companies.

World of Opportunity

A.M. Best Company, Inc. — Wed, 03 Jul 2024 06:00:00 +0000

Jill Mraz, Business Development Executive at Munich Re US, said the company is looking to spread the word about insurance careers.

Expected Adverse Deviation

A.M. Best Company, Inc. — Tue, 02 Jul 2024 06:00:00 +0000

Derek Freihaut, Principal and Consulting Actuary for Pinnacle Actuarial Resources, said expected adverse deviation (EAD) can be a risk management tool well beyond assessing risk distribution.

Confidence in Programs

A.M. Best Company, Inc. — Mon, 01 Jul 2024 06:00:00 +0000

Amber Wayne, Executive Vice President of Programs at Nationwide E&S/Specialty, said the program space is an attractive place to try different things.

Conning's Citroen: Economic Status for States Upgraded

A.M. Best Company, Inc. — Fri, 28 Jun 2024 06:00:00 +0000

Karel Citroen, head of municipal credit research, Conning, explains the company’s reasoning for upgrading all 50 states from “declining” to “stable,” anticipating a return to pre-pandemic economic conditions.

AM Best: Florida Property Insurance Market Improves; Reinsurance Dependency Remains High

A.M. Best Company, Inc. — Thu, 27 Jun 2024 06:00:00 +0000

AM Best Financial Analyst Josie Novak highlights new research that finds the aggregate combined ratio for active Florida specialists, as well as Citizens, outperformed AM Best's personal property composite for the first time since 2017.

Kroll’s Donahue: Rising Disputes, Aging Infrastructure Impact Fixed Assets

A.M. Best Company, Inc. — Wed, 26 Jun 2024 06:00:00 +0000

Matthew Donahue, managing director, fixed asset advisory services, Kroll, discusses the impact of technology, inflation and regulatory changes on asset management, and strategies to navigate economic uncertainties.

AM Best: Global Reinsurance Segment Revised to Positive

A.M. Best Company, Inc. — Tue, 25 Jun 2024 06:00:00 +0000

AM Best Senior Director Carlos Wong-Fupuy highlights the new Best's Market Segment Report, crediting underwriting discipline and healthy profit margins as among the contributing factors to the global reinsurance segment upgrade.

Swiss Re’s Desquesses: Industry Must Better Explain Purpose, Careers

A.M. Best Company, Inc. — Mon, 24 Jun 2024 06:00:00 +0000

Cathy Desquesses, group chief human resources officer and head of corporate services at Swiss Re, discusses the insurance industry’s efforts to attract and retain skilled professionals, and initiatives to create an inclusive and engaging work culture.

Grace Vandecruze: Homeless to Millionaire

A.M. Best Company, Inc. — Fri, 21 Jun 2024 06:00:00 +0000

Grace Vandecruze, director of Grace Global Capital LLC, shares her rags to riches success story as well as her insights on the insurance industry from M&A to the quest for new and diverse talent.

Verisk's Guin: Risk Models Adapting to Canada's Climate Change

A.M. Best Company, Inc. — Thu, 20 Jun 2024 06:00:00 +0000

Jay Guin, executive vice president and chief research officer at Verisk, discusses the myriad of natural catastrophes that Canada deals with because of its diverse geography and the related challenges cat modelers face.

AM Best: Rapidly Increasing MGA Premiums Warrant Greater Oversight

A.M. Best Company, Inc. — Wed, 19 Jun 2024 06:00:00 +0000

AM Best Senior Director Greg Williams and Associate Director Dawn Walker discuss a new Best's Market Segment Report that determines substantial premium growth in 2023 demonstrates the importance of MGAs in the insurance value chain.

CaseGlide’s Todd: The Case for Technology in Insurance Defense Litigation

A.M. Best Company, Inc. — Tue, 18 Jun 2024 06:00:00 +0000

Wesley Todd, CEO, CaseGlide, explains how technology and software can be deployed in dealing with an aggressive plaintiff’s bar when defending insurers in claims litigation matters.

Beazley’s Straker and Westhoff: Nearly 33% of US Execs Cite Political Risk as Top Threat

A.M. Best Company, Inc. — Mon, 17 Jun 2024 06:00:00 +0000

Recent college protests and upcoming political elections raise potential risks and escalate business leaders’ concerns about growing violence, said Beazley Focus Group Leader Lucy Straker and Head of North American commercial property Matthew Westhoff.

Podcast Seeks to Answer Questions, Provide Insurance Solutions

A.M. Best Company, Inc. — Fri, 14 Jun 2024 06:00:00 +0000

Bryan Falchuk, host of The Future of Insurance podcast, offers his views on industry opportunities, sharing his experiences, insights and a series of case studies from his book of the same name.

How New Technologies Can Expedite Claims

A.M. Best Company, Inc. — Thu, 13 Jun 2024 06:00:00 +0000

Marc Rothchild, head of claims for Xceedance, and Peter Flynn, head of personal lines, Americas at Xceedance, discuss how emerging technologies, including AI, can expedite claims resolution enabling insurance companies to resolve more claims faster and better serve their customers.

AM Best: Annuity Premiums Soar; Surrender Protection Strengthens

A.M. Best Company, Inc. — Wed, 12 Jun 2024 06:00:00 +0000

AM Best Associate Director Jason Hopper highlights a new Best's Special Report on annuities that finds strong premium inflows invested at higher rates drive up asset yields.

Rackspace Technology’s Ranganathan: Insurers Missing Out on Profits From AI

A.M. Best Company, Inc. — Tue, 11 Jun 2024 06:00:00 +0000

Nirmal Ranganathan, vice president engineering AI architect at Rackspace Technology, says insurers could gain satisfaction from cutting costs and increasing some sales through IT, but many don’t realize they could benefit significantly from integrating AI throughout the business.

Author: Perseverance, Dedication, Leap of Faith Keys to Launching a Successful Insurance Business

A.M. Best Company, Inc. — Mon, 10 Jun 2024 06:00:00 +0000

In his book, Agent to Agent: Revealing the Story and Strategy for Insurance People, BI&I Group Vice President and Chief Operating Officer Leo Bados Jr. shares tips for building an insurance business and leading a team with confidence.

LexisNexis’ Sheehan: Insureds More Likely to Engage Attorney Before Insurer

A.M. Best Company, Inc. — Fri, 07 Jun 2024 06:00:00 +0000

Tanner Sheehan, vice president and general manager at US Claim Solutions, LexisNexis Risk Solutions, said according to their survey data, 57% of automobile insurance claimants were more likely to hire an attorney before ever even having a conversation with their insurer

Charles Taylor VP: Strong Safety Culture Helps Reduce Workplace Injuries 2023.

A.M. Best Company, Inc. — Thu, 06 Jun 2024 06:00:00 +0000

Troy Teepe, vice president of safety at Charles Taylor, says with workers’ compensation premiums on the rise, a safety-first culture is critically important in the workplace

Continuity and Consistency

A.M. Best Company, Inc. — Wed, 05 Jun 2024 06:00:00 +0000

Tim Senechalle, Chief Investment Officer for AAM, said the P/C industry has a healthy balance of equity exposure.

Resilience is Key

A.M. Best Company, Inc. — Tue, 04 Jun 2024 06:00:00 +0000

Mark Berven, President and Chief Operating Officer of Nationwide Property & Casualty, said that as severe weather increases, we must shift to a “predict and prevent” mindset to protect customers.

Portfolio Finance for Insurers

A.M. Best Company, Inc. — Mon, 03 Jun 2024 06:00:00 +0000

Dadong Yan, Head of Barings Portfolio Finance, said portfolio finance is the next extension in the evolution of private investment grade assets.

IMCA and AM Best Marketing Leader Lunch with Berkley Select’s Lisa Rowland

A.M. Best Company, Inc. — Fri, 31 May 2024 06:00:00 +0000

Lisa Rowland, assistant vice president of marketing and distribution at Berkley Select, discusses Rebranding strategies, Innovation in marketing, Creating strategic marketing campaigns, and attracting the next generation of marketing talent.

KCC’s Ward: Hurricanes Increasing in Intensity

A.M. Best Company, Inc. — Thu, 30 May 2024 06:00:00 +0000

Dan Ward, atmospheric scientist and director of model development, Karen Clark and Co., discusses the outlook for the 2024 hurricane season. Ward expects a very active season this year, especially in places such as Florida and Louisiana, as well as wildfire as a secondary peril.

AM Best: Social Inflation Remains A Thorn in the Side of Casualty Insurers

A.M. Best Company, Inc. — Wed, 29 May 2024 06:00:00 +0000

AM Best Associate Director David Blades and Associate Analyst Justin Aimone discuss a new Best's Special Report that finds the impact of social inflation on insurance claims costs is unpredictable and excessive.

Munich Re’s Bove: Very Active Hurricane Season Is Likely

A.M. Best Company, Inc. — Tue, 28 May 2024 06:00:00 +0000

Mark Bove, meteorologist & SVP of natural catastrophe solutions, Munich Re America, discusses the findings of a new hurricane outlook report that indicate an active season could be on tap for Atlantic hurricanes.

Modeling the Future Challenge Looks to Inspire Actuaries of Tomorrow

A.M. Best Company, Inc. — Mon, 27 May 2024 06:00:00 +0000

Nichole Semprit, senior program specialist, The Actuarial Foundation, and Moriah Sanya, STEM programs coordinator, Institute of Competition Sciences, discuss the Modeling the Future Challenge, a competition for high school students who look to solve real world problems using their math skills.

Student Challenge Considers the Impacts of Legalized Recreational Marijuana

A.M. Best Company, Inc. — Fri, 24 May 2024 06:00:00 +0000

High school students Timothy Chen and Aryan Mukherjee, who took part in the Modeling the Future Challenge, a competition that uses math to address real world problems, discussed their project that also used AM Best data to examine how legalized recreational marijuana could impact private passenger auto insurance rates.

How Insurance Asset Managers Are Negotiating the New Investment Environment

A.M. Best Company, Inc. — Thu, 23 May 2024 06:00:00 +0000

John Weber sits down with Jennifer Quisenberry from New England Asset Management to revisit past conversations from the series and gain fresh insights into the investment landscape. Watch and listen as they examine the current investment outlook and review the key factors shaping today’s insurance investment environment.

Emerging Insurance Asset Investment Risks and Opportunities

A.M. Best Company, Inc. — Wed, 22 May 2024 06:00:00 +0000

Real estate, hedge funds, private equity, stocks and credit instruments create many opportunities for investment managers. A panel of leaders and experts spoke about the trade-offs of these asset classes.

How Insurers Are Addressing Earlier Low-Rate Investments

A.M. Best Company, Inc. — Mon, 20 May 2024 16:35:00 +0000

It’s crucial for the industry to adapt to shifting market dynamics, regulatory changes and emerging technologies in order to effectively manage assets, a panel of industry leaders told AM Best TV.

Negotiating the Higher-Yield Insurance Asset Environment

A.M. Best Company, Inc. — Mon, 20 May 2024 06:00:00 +0000

AM Best TV hosted a panel of insurance leaders who said they believe the current economy and interest rate environment will continue to linger as the industry keeps its eye on how the Federal Reserve will respond to inflation data.

Leaders Panel: Non-Modeled Natural Perils Drive Significant Losses

A.M. Best Company, Inc. — Fri, 17 May 2024 06:00:00 +0000

Katie McGrath, Swiss Re Corporate Solutions, and Martin Neuhaus, Munich Re, said non-modeled natural perils, particularly severe convective storms, have increased losses significantly, requiring insurers to adjust pricing and coverage. They were interviewed by AM Best TV at RIMS Riskworld 2024 in San Diego.

Swiss Re's Finucane: US P&C Insurers Gaining Momentum

A.M. Best Company, Inc. — Thu, 16 May 2024 06:00:00 +0000

James Finucane, senior economist, sigma research, Swiss Re, discusses a new report that shows that strong premium gains, easing claims-cost inflation and higher investment returns are boosting US P&C industry results after a difficult period.

AM Best: Highly Innovative Personal Auto Carriers Have a Significant Competitive Edge

A.M. Best Company, Inc. — Wed, 15 May 2024 06:00:00 +0000

AM Best Industry Analyst Helen Andersen highlights a new Best's Special Report that finds two thirds of the auto carriers whose ratings were downgraded in 2023 had innovation assessments of Moderate.

Guy Carpenter Report Examines Cyber Model Divergence

A.M. Best Company, Inc. — Tue, 14 May 2024 06:00:00 +0000

Erica Davis, managing director and global co-head of cyber, and Jess Fung, North American cyber analytics lead, both of Guy Carpenter, discuss a new report that examines the evolution of cyber modeling.

Verisk's Shavel: AI Expands Ability to Interpret Data, Support Decisions

A.M. Best Company, Inc. — Mon, 13 May 2024 06:00:00 +0000

Lee Shavel, CEO, Verisk, said practical applications of generative AI include tasks such as summarizing medical files and prioritizing data in commercial property underwriting. Shavel spoke with AM Best TV at the Verisk Insurance Conference 2024, held in Orlando, Florida.

ASG Podcast Teaches Marketing Tips, Sales Strategies

A.M. Best Company, Inc. — Fri, 10 May 2024 06:00:00 +0000

Sarah Rueppel, host of the Agent Survival Guide, discusses her podcast which dispenses industry updates on Medicare Advantage and Part D plans and helps agents stay compliant while offering sales and marketing advice.

Conning’s Bradford: Insurers’ Top Concerns Include Inflation, Interest Rates and Geopolitical Risk

A.M. Best Company, Inc. — Thu, 09 May 2024 06:00:00 +0000

Conning CEO Woody Bradford is set to become CEO of Generali Investments. Generali has a majority ownership stake in Conning, while Cathay Life Insurance and Cathay Financial Holdings own a minority stake.

AM Best: Heightened Risk Landscape Creates New Challenges for Reserve Management

A.M. Best Company, Inc. — Wed, 08 May 2024 06:00:00 +0000

AM Best Senior Industry Analyst Christopher Graham discusses a new Best's Special Report that finds management of emerging risks will be critical to ensuring that carriers are prepared for stresses posed by long-tail lines and their liabilities.

Swiss Re’s Holzheu: 2023 Natural Cat Insured Losses Reach $108 Billion

A.M. Best Company, Inc. — Tue, 07 May 2024 06:00:00 +0000

Thomas Holzheu, chief economist, Swiss Re, discusses the company’s latest natural catastrophe sigma report that shows the types of events that lead to major losses, where those events took place, and the impact on the insurance industry.

III CEO: Legal-System Abuse Hurts Insurers, Consumers

A.M. Best Company, Inc. — Mon, 06 May 2024 06:00:00 +0000

Sean Kevelighan, CEO of the Insurance Information Institute, discusses how so called nuclear verdicts, litigation funding and other legal-system abuse drive up claims costs and ultimately lead to higher premiums for consumers.

Insurance Regulators Sharpen Focus on AI, Machine Learning to Ensure Fairness

A.M. Best Company, Inc. — Fri, 03 May 2024 06:00:00 +0000

Theresa Young, CSAA Insurance Group; Michael Angelina, St. Joseph's College; and Steve Clarke, Verisk, said issues also arise from lack of regulation of third-party vendors, public adjusters, and service providers, which can lead to higher claim payouts than were anticipated in pricing.

Author: Perseverance, Dedication, Leap of Faith Keys to Launching a Successful Insurance Business

A.M. Best Company, Inc. — Thu, 02 May 2024 06:00:00 +0000

Into the Breach: Plan Ahead for Cyberrisks

A.M. Best Company, Inc. — Wed, 01 May 2024 06:00:00 +0000

Tim Nunziata, vice president and head of cyber risk, Commercial E&O at Nationwide said that when it comes to a cyber incident, the idea of being able to put a plan in place post‑breach is not realistic.

AM Best's Manyem: Insurers Navigate Data Privacy, Regulation With Wearables

A.M. Best Company, Inc. — Tue, 30 Apr 2024 06:00:00 +0000

Sridhar Manyem, senior director, AM Best, said other key issues with data from wearables include using it ethically and compliantly. Manyem spoke with AM Best TV at Insurtech Hartford Symposium 2024.

Panel: Interest Rates, Inflation Create Challenging Conditions for Insurers

A.M. Best Company, Inc. — Mon, 29 Apr 2024 06:00:00 +0000

Jay Guin, Verisk; Tim Aman, Aon; and Ole Hanekop, Hannover Re, reviewed the importance of accurate valuations and innovative solutions to address latent risks and the correlation between different lines of business. Panelists spoke with AM Best TV at the Verisk Insurance Conference 2024, held in Orlando, Florida.

Counterpart's Hackett: ChatGPT, AI Leverage Repetition to Analyze Risk

A.M. Best Company, Inc. — Fri, 26 Apr 2024 06:00:00 +0000

Tanner Hackett, CEO, Counterpart, said new machine learning and similar systems help insurers synthesize huge data sets for better underwriting, marketing and more. Hackett spoke with AM Best TV at the InsurTech Spring Conference in New York City.

Industry Report Shows Auto Insurance Shopping Is Escalating

A.M. Best Company, Inc. — Thu, 25 Apr 2024 06:00:00 +0000

Stephen Crewdson Sr., director, insurance business intelligence, J.D. Power, details a report with TransUnion that shows after months of decreasing auto insurance shopping, consumers are now returning to looking for better deals from carriers.

Panel: Reducing Wildfire Risk Requires a Multilayered Approach

A.M. Best Company, Inc. — Wed, 24 Apr 2024 06:00:00 +0000

Insurance risk experts who spoke with AM Best TV at the Verisk Insurance Conference in Orlando, Florida, said governments are at the early stages of grappling with this issue, which intersects with science, business, public policy and land use.

Allianz Report: 2024 Could Be Unprecedented Year for Political Violence

A.M. Best Company, Inc. — Tue, 23 Apr 2024 06:00:00 +0000

Srdjan Todorovic, head of political violence and hostile environment solutions at Allianz Commercial, details the findings of a new risk report that shows terrorism, civil unrest and environmental activism as intensifying risks in a volatile geopolitical environment.

Munich Re: Need, Risk for Cyber Coverage Rising for Public Entities

A.M. Best Company, Inc. — Mon, 22 Apr 2024 06:00:00 +0000

Public entities such as municipal governments are increasingly the targets of cyberthreats, said Munich Re Specialty’s Lauren Tredinnick, president, public entity solutions, and AVP Maria Long, cyber underwriter & risk management portfolio leader.

Swiss Re’s Pande: Civil Commotion Climbed 3,000% From 2000 to 2020

A.M. Best Company, Inc. — Fri, 19 Apr 2024 06:00:00 +0000

Swiss Re’s Chief Property Underwriter Mohit Pande said strikes, riots and similar events are growing in frequency and severity as rising concentrations of populations in major cities create a higher density of valued assets within a heightened risk landscape.

Women Insurance Executives on Workplace Diversity

A.M. Best Company, Inc. — Thu, 18 Apr 2024 06:00:00 +0000

Betsy Myatt, vice president & chief program officer of the Insurance Industry Charitable Foundation and executive director of the IICF’s Northeast Division, Wendy Houser, chief wholesale officer at Markel and Jodie Kaufman Davis, executive vice president, H.W. Kaufman Group, discuss progress in getting women into the C Suite and what must continue to make the insurance workspace a fully diverse and inclusive environment.

AM Best's Graham: Cyber Insurance Could Outpace D&O in Premium Volume

A.M. Best Company, Inc. — Wed, 17 Apr 2024 06:00:00 +0000

Chris Graham, senior industry analyst, Credit Rating Criteria Research & Analytics, AM Best, said cyber may surpass D&O in premium volume due to its rapid growth and changing market demands. Graham spoke with AM Best TV at the 2024 PLUS Cyber Symposium in New York City.

JD Power Survey Examines Property Claims Satisfaction

A.M. Best Company, Inc. — Tue, 16 Apr 2024 06:00:00 +0000

Mark Garrett, director of claims intelligence for J.D. Power, discusses the company’s 2024 Property Claims Satisfaction Study, which finds the industry is at a seven-year low for customer claims satisfaction.

Insurance Industry Looks to Quell Legal Abuse

A.M. Best Company, Inc. — Mon, 15 Apr 2024 06:00:00 +0000

Maura Freiwald, head of casualty for Munich Re US, and Jim Whittle, vice president and counsel to the American Property Casualty Insurance Association, explain how legal-system abuse and litigation funding are leading to nuclear verdicts against insurers and what the industry is doing to combat the practice.

Navigating the Challenges of AI

A.M. Best Company, Inc. — Fri, 12 Apr 2024 15:50:00 +0000

Arun Balakrishnan, Chairman and CEO of Xceedance said just because you have data, it doesn't mean it is useful.

MarketWatch Report Names Best Auto Insurers

A.M. Best Company, Inc. — Thu, 11 Apr 2024 06:00:00 +0000

David Straughan, an automotive writer and researcher breaks down the companies considered to be the best auto insurers based on a number of criteria including AM Best ratings.

AM Best's Blades: Pricing Competition, Lower Demand Lead to Decreased Industry Premium

A.M. Best Company, Inc. — Wed, 10 Apr 2024 06:00:00 +0000

David Blades, associate director, credit rating criteria research & analytics, AM Best, said fewer IPOs and securities class action suits are reducing demand in the D&O insurance market. Blades spoke with AM Best TV at the 2024 PLUS D&O Symposium in New York City.

Amwins' Bernacki: No Immediate Need for Government in Insurance

A.M. Best Company, Inc. — Tue, 09 Apr 2024 06:00:00 +0000

Mark Bernacki, chief underwriting officer, Amwins discusses the significants of an election year for insurers saying that there continues to be plenty of private capital in the P&C sector thus eliminating the need for government involvement at this time.

Perils of Inaccurate ITV

A.M. Best Company, Inc. — Mon, 08 Apr 2024 06:00:00 +0000

Insurance policies are meant to provide peace of mind, but they can be a source of frustration for both the insured and the insurer if they are built on inaccurate information. This is particularly true for property coverage and the relationship between the value of the covered property and the coverage provided. As important as this aspect of property insurance is—a concept known as insurance-to-value (ITV)—there is an epidemic of inaccurate information when it comes to property values throughout the insurance industry.

Authors: Good Habits Produce Thriving Results

A.M. Best Company, Inc. — Fri, 05 Apr 2024 06:00:00 +0000

In their book, The Salesperson's Guide to Growing a Business, Q4intelligence Founding Partner Kevin Trokey and Partner Wendy Keneipp share tips on how businessowners can engage teams, craft a future vision and move from surviving to thriving.

EY-IIF Risk Survey Captures Chief Risk Officers’ Concerns

A.M. Best Company, Inc. — Thu, 04 Apr 2024 06:00:00 +0000

Isabelle Santenac, EY’s global insurance leader, discusses the findings of an EY-Institute of International Finance survey that finds cybersecurity at the top of the list of concerns for chief risk officers followed closely by geopolitical risks.

AM Best: US P/C Downgrades Outpace Upgrades; US L/H Upgrades Outpace Downgrades

A.M. Best Company, Inc. — Wed, 03 Apr 2024 06:00:00 +0000

AM Best Industry Analyst Helen Andersen discusses new Best's Special Reports that find the rise in 2023 P/C downgrades was primarily due to the personal lines segment while affirmations represent about 80% of life/health rating activity.

Verisk's Mourad: Enhanced Claims Solutions Can Enhance Bottom Line

A.M. Best Company, Inc. — Tue, 02 Apr 2024 06:00:00 +0000

Maroun Mourad, president, Verisk Claims Solutions discusses the need for modern and efficient claims solutions saying that it can not only save money, but enhance the ever critical customer experience

Insurance Dudes Podcast: Create a ‘Profitable Sales Machine’

A.M. Best Company, Inc. — Mon, 01 Apr 2024 06:00:00 +0000

Hosts Craig Pretzinger and Jason Feldman discuss how their podcast attempts to help agents with the challenge of running a consistently profitable and productive agency.

US Assure’s Ferguson: US Construction on Upswing

A.M. Best Company, Inc. — Fri, 29 Mar 2024 06:00:00 +0000

Alan Ferguson, president, US Assure, discusses economic factors that builders face, and how they impact builders’ liability insurance.

Challenges of Insuring Clean Energy Storage Projects

A.M. Best Company, Inc. — Thu, 28 Mar 2024 06:00:00 +0000

Christopher Giuffre, chief strategy officer and co-founder USQRisk, discusses the unique aspects of clean energy storage and how the insurance industry is addressing those risk challenges.

AM Best: US Life/Annuity Insurers Stay the Course Amid 2024 Uncertainty

A.M. Best Company, Inc. — Wed, 27 Mar 2024 06:00:00 +0000

AM Best Senior Director Michael Porcelli discusses a new Best's Market Segment Outlook that finds the U.S. L/A segment performed well in 2023, owing to strong liquidity and capital positions, robust annuity sales and slightly improved new money yields in a benign credit environment.

FM Global Unveils 2024 Resilience Index

A.M. Best Company, Inc. — Tue, 26 Mar 2024 06:00:00 +0000

Christopher Majka, staff vice president of data visualization for FM Global, discusses the company’s Global Resilience Index that assess the relative resilience of various countries and finds Denmark, Luxembourg, and Switzerland at the top of the chart.

Xceedance’s Parcelli: MGAs Embrace Technology

A.M. Best Company, Inc. — Mon, 25 Mar 2024 06:00:00 +0000

Michael Parcelli, SVP MGA Operations, Xceedance, discusses the rapid evolution of managing general agents, and how embedded insurance offerings could be the next part of their ascendance.

American Modern Insurance Group CEO: Independent Agents Weigh In on Future of Insurance

A.M. Best Company, Inc. — Fri, 22 Mar 2024 06:00:00 +0000

Andreas Kleiner, president and CEO of American Modern Insurance Group, discusses the company's Agent Perspectives Report that includes views on the economy, the use of technology and cultivating the next generation of agency talent.

Amwins’ Nuest: Transportation Insurance Rapidly Evolving

A.M. Best Company, Inc. — Thu, 21 Mar 2024 06:00:00 +0000

Jennifer Nuest, transportation national practice leader for Amwins discusses the state of the industry for transportation coverage and the rapidly changing market, which she attributes to newer technology along with the importance of reputational management of companies.

AM Best: Weather, Reinsurance Drive P/C Market Segment

A.M. Best Company, Inc. — Wed, 20 Mar 2024 06:00:00 +0000

Given the recent change in weather patterns, secondary perils have become more intense, resulting in higher losses for primary insurers due to higher retentions, said Daniel Ryan, senior director, AM Best, referencing a Best's Market Segment Report.

Conning Report Shows Modest Increase in 2023 Insurance M&A

A.M. Best Company, Inc. — Tue, 19 Mar 2024 06:00:00 +0000

Scott Hawkins, head of insurance research at Conning, discusses the company's annual mergers and acquisitions report that shows insurance M&A rose from 125 in 2022 to 143 in 2023.

Allianz’s Khanna: Cargo Shipping Faces Many Risks

A.M. Best Company, Inc. — Mon, 18 Mar 2024 06:00:00 +0000

Rahul Khanna, global head of marine risk consulting for Allianz Commercial, discusses obstacles the shipping industry is facing, including floating mines in the Black Sea, diversion of ships and the industry’s vulnerability to cyberattacks.

Specialty Insurance Broker: California Can Learn From Flood History

A.M. Best Company, Inc. — Fri, 15 Mar 2024 06:00:00 +0000

Matt Power, president of One80 Intermediaries and Laurie Johnson, an expert in disaster recovery and hazards/climate resiliency planning, look back at the Great Flood of 1862 in California and what a similar flood today would mean in terms of insurance and recovery.

INSTANDA's Hardcastle: Report Looks Ahead at Digital Insurance Landscape

A.M. Best Company, Inc. — Thu, 14 Mar 2024 06:00:00 +0000

Tim Hardcastle, CEO and co-founder of INSTANDA, discusses a new report that shows what consumers want from their insurers, and how this represents an opportunity for the insurance industry.

AM Best: US Health Insurers Expected to Remain Resilient Amid Challenges in 2024.

A.M. Best Company, Inc. — Wed, 13 Mar 2024 06:00:00 +0000

AM Best Senior Director Sally Rosen and Director Joseph Zazzera review a new Best's Market Segment Report that finds the U.S. health segment is likely to thrive in 2024, despite several headwinds.

LIMRA Research: Fixed Rate Deferred Annuities Soar 46% in 2023

A.M. Best Company, Inc. — Tue, 12 Mar 2024 06:00:00 +0000

Bryan Hodgens, head of research, LIMRA, explains what’s driving fixed rate deferred annuity sales, which rose to $165 billion in 2023 after a record-setting session the prior year and more than tripling 2021’s mark.

Hagerty Media Launches Car-Themed Channel on Samsung TV

A.M. Best Company, Inc. — Mon, 11 Mar 2024 06:00:00 +0000

Paul Rehrig, president of Hagerty Media and Entertainment, in association with Hagerty Insurance, discusses the company’s new TV channel and how it ties into its brand-building strategy.

E&S Is a 'PHLY Special'

A.M. Best Company, Inc. — Fri, 08 Mar 2024 07:00:00 +0000

Stephen Decker, AVP, PHLY E&S Insurance Solutions, said that artificial intelligence, among other things, is having a huge impact on the surplus lines sector.

Transunion Report Finds Auto Insurers Progressing on Rate Adequacy

A.M. Best Company, Inc. — Thu, 07 Mar 2024 07:00:00 +0000

Stothard Deal, vice president of strategic planning for TransUnion’s insurance business, discusses the findings of a recent report showing personal lines trends and that the financial picture for insurers is improving.

AM Best: More Life/Health Insurers Are Outsourcing Investment Management

A.M. Best Company, Inc. — Wed, 06 Mar 2024 07:00:00 +0000

Jason Hopper, associate director, AM Best, discusses a new Best's Special Report that finds that insurers continue to appreciate the cost/benefit improvements from outsourcing investment management.

Biden Proposal Would Curb Prior Authorization

A.M. Best Company, Inc. — Tue, 05 Mar 2024 07:00:00 +0000

Erik Wissig, COO of ICHRA health care platform SureCo, discusses a new set rules from the Biden administration that seeks to halt private health insurance companies’ use of prior authorization – a practice that requires insurance company permission before obtaining medication or having a procedure.

Data Driven E&S

A.M. Best Company, Inc. — Mon, 04 Mar 2024 07:00:00 +0000

John Anthony, senior vice president, Contract P&C, Nationwide E&S Specialty, says he sees an ever-expanding opportunity in the surplus lines sector, “which is one of the things that we're looking to sophisticate on within the risk selection process to be able to handle a lot of these new and dynamic risks.”

CAC Specialty’s Daly: Competitive Marketplace, Declining Rates Create ‘Interesting Times’ in D&O

A.M. Best Company, Inc. — Fri, 01 Mar 2024 07:00:00 +0000

Colin Daly, executive vice president, financial lines practice co-leader, CAC Specialty, discusses recent major shifts in the directors and officers insurance market, including significant rate declines, particularly in public D&O.

MSCI Reveals Sustainability, Climate Trends to Watch for in 2024

A.M. Best Company, Inc. — Thu, 29 Feb 2024 07:00:00 +0000

Meggin Thwing Eastman, managing director, global head of ESG policy and product research at MSCI, discusses a company report that shows with some insurers retreating from Florida and California, more expensive policies and fewer options could result.

AM Best Managing Director Highlights Record Year for Insurance-Linked Securities

A.M. Best Company, Inc. — Wed, 28 Feb 2024 07:00:00 +0000

Emmanuel Modu, managing director, insurance-linked securities, AM Best, said factors driving record cat bond issuance include investors' preference for risks attached at higher points and cat bonds' ability to avoid secondary perils. Modu spoke with AM Best TV at the Artemis ILS NYC 2024 conference.

SOA to Participate in Department of Commerce AI Initiative

A.M. Best Company, Inc. — Tue, 27 Feb 2024 07:00:00 +0000

Dale Hall, managing director of research, Society Of Actuaries Research Institute, discusses the organization’s plan to lend its actuarial expertise and participate in a Department of Commerce initiative to support the development and deployment of artificial intelligence.

NeuralMetrics’ Schrenk and Daley: AI Enhancing Underwriting Efficiency

A.M. Best Company, Inc. — Mon, 26 Feb 2024 07:00:00 +0000

NeuralMetrics Chief Underwriting Officer Chris Schrenk and Technical Co-Founder Marcus Daley said more smaller insurers are becoming interested in AI and the efficiency gains, accessibility and cost savings it offers.

InnSure’s Sidoti: Community-Embedded Insurance Improves Access, Affordability

A.M. Best Company, Inc. — Fri, 23 Feb 2024 07:00:00 +0000

InnSure Executive Director Charlie Sidoti said community-embedded insurance is an “innovative model” to improve access and deal with rising weather-related risks fueled by climate change.

Nationwide's Fenton: Extreme Weather More Frequent, Expensive

A.M. Best Company, Inc. — Thu, 22 Feb 2024 07:00:00 +0000

Tony Fenton, vice president of product and underwriting for Nationwide, discusses the company's Agency Forward survey that reveals commercial property stakeholders – including property owners, builders and business owners – are desperate to shield their assets from the increasing threat of weather-related events.

AM Best: US Economy's Soft-Landing May Experience a Bumpy Road

A.M. Best Company, Inc. — Wed, 21 Feb 2024 07:00:00 +0000

The U.S. economy performed well in 2023, but there are signs of a potential slowdown ahead, said Ann Modica, director, AM Best, referencing a new Best's Special Report.

Swiss Re's McGrath: Insurance Careers Month Highlights the Important Work of the Industry

A.M. Best Company, Inc. — Tue, 20 Feb 2024 07:00:00 +0000

Katie McGrath, CEO North America for Swiss Re Corporate Solutions, discusses the initiatives for Insurance Careers Month that highlight the positions the industry has to offer in its ongoing quest to recruit new talent.

Zurich NA’s Balsam: Inflation, Social Erosion Top Business Concerns

A.M. Best Company, Inc. — Mon, 19 Feb 2024 07:00:00 +0000

Jessica Balsam, Zurich Resilience Solutions head of climate solutions, Zurich North America, discussed the World Economic Forum’s 2023 Executive Opinion Survey and what global business executives see as the biggest risks facing G20 countries.

Voice of Insurance Podcast: Don’t Get Lost in Insurance Maze

A.M. Best Company, Inc. — Fri, 16 Feb 2024 07:00:00 +0000

Mark Geoghegan, host of the Voice of Insurance Podcast, discusses his interviews with insurance CEOs and thought leaders covering the most salient and pressing issues facing the industry.

LexisNexis Risk Solutions' Zona: Advances in AI Changing Risk Landscape

A.M. Best Company, Inc. — Thu, 15 Feb 2024 07:00:00 +0000

David Zona, vice president and general manager, LexisNexis Risk Solutions, discusses new virtual inspection technology that’s making the data collection process faster, easier and more accurate for risk assessment.

Beazley’s Greenwood: Employer, ESG Risks Growing Concerns Among Global Executives

A.M. Best Company, Inc. — Wed, 14 Feb 2024 07:00:00 +0000

Global business leaders increasingly cite employer risk as the top threat facing their organizations, but recent research found many feel challenged to deal with that rising concern, said Bethany Greenwood, group head of specialty risks, Beazley.

AM Best: Farm Bureau Insurers Are Navigating Underwriting Challenges

A.M. Best Company, Inc. — Tue, 13 Feb 2024 07:00:00 +0000

AM Best Senior Financial Analyst Christopher Lewis discusses a recent Best’s Market Segment Report, which found farm bureaus' incurred loss ratios are worse than the industry through 3Q23.

Munich Re 2024 Forecast: Challenging Geopolitics, Weak Growth, Monetary Easing

A.M. Best Company, Inc. — Mon, 12 Feb 2024 07:00:00 +0000

Michael Menhart, chief economist for Munich Re discusses the company’s just released economic forecast for 2024 that shows that the macroeconomic and (geo)political conditions that shaped the world economy last year will largely remain relevant for the year ahead.

Aspen’s Padula: Environmental Liability Continues to Evolve and Adapt

A.M. Best Company, Inc. — Fri, 09 Feb 2024 07:00:00 +0000

Mike Padula, head of U.S. environmental for Aspen Insurance, explains how the environmental liability sector has changed in recent years as a result of climate risk, societal pressures, an evolving regulatory landscape and a myriad of other factors.

Swiss Re: Second Half Results Spell Good News for US P&C Insurers

A.M. Best Company, Inc. — Thu, 08 Feb 2024 07:00:00 +0000

Thomas Holzheu, chief economist for Swiss Re Americas discusses the findings of a recently published report showing that strong premium increases combined with an easing in claims costs and strong investment returns were all cause for celebration for the US P&C industry over the second half of 2023.

InsuranceQuotes’ Giusti: Insurers Have Super Super Bowl LVIII Covered

A.M. Best Company, Inc. — Wed, 07 Feb 2024 07:00:00 +0000

Coverages for Super Bowl LVIII will run the gamut from event, ticket and travel cancelation to liability, property damages and workers' comp for venue, watch parties and half-time entertainment, said Michael Giusti, an analyst at InsuranceQuotes.com.

AM Best: Surety Growth, Profitability Bolstered by Public Projects

A.M. Best Company, Inc. — Tue, 06 Feb 2024 07:00:00 +0000

Inflationary pressures have made financing private projects more difficult, but new public projects have helped surety premiums continue to grow, said AM Best Senior Industry Analyst Christopher Graham and Senior Financial Analyst Robert Valenta, referencing a new Best's Market Segment Report.

Atmospheric Rivers Increasingly Cause for Flood

A.M. Best Company, Inc. — Mon, 05 Feb 2024 07:00:00 +0000

John Dickson, president of Aon Edge, a private flood insurance provider discusses the phenomenon of atmospheric rivers and how much water they’re dumping on North America and how the insurance industry should be reacting.

Conning CIO: Life and P/C Portfolios Endured Roller Coaster Ride in 2023

A.M. Best Company, Inc. — Fri, 02 Feb 2024 07:00:00 +0000

Cindy Beaulieu, managing director and CIO North America, Conning, said P/C and life insurers are now in a position to see both nominal and excess returns for insurance assets this year.

BMS Re EVP: Primary Insurers Should See Rate Increases in 2024

A.M. Best Company, Inc. — Thu, 01 Feb 2024 07:00:00 +0000

Christa Coletti executive vice president, branch manager, BMS Re US, predicts the likelihood that reinsurers will continue to be profitable in the new year, and that primary carriers should expect to see rate increases, but not as quickly as they would like.

AM Best Director: As 2023 Proved to Be a Year of ‘Resilience’ Economically, 2024 Is Poised to Be a Year of 'Divergence'

A.M. Best Company, Inc. — Wed, 31 Jan 2024 07:00:00 +0000

Central Bank policy, market expectations and Federal Reserve projections on interest rates and global political policy are three areas where divergence is expected to come into play this year economically, said Ann Modica, director, AM Best.

Insurers Still Weighing Impacts of AI

A.M. Best Company, Inc. — Tue, 30 Jan 2024 07:00:00 +0000

Sarat Varanasi, insurance business unit leader for Cognizant, said the industry is working to figure out artificial intelligence, across underwriting, distribution, claims, or ever the customer experience.

Cyber Tops Allianz’s 2023 Risk Barometer

A.M. Best Company, Inc. — Mon, 29 Jan 2024 07:00:00 +0000

Tom Varney, regional manager, Allianz Risk Consulting, North America, discusses the company’s 2023 Risk Barometer survey that shows top risk concerns are cyber, business interruption and natural catastrophes.

Verisk Director: Super El Nino Appears to Be Strongest on Record

A.M. Best Company, Inc. — Fri, 26 Jan 2024 07:00:00 +0000

Judah Cohen, principal scientist and director of seasonal forecasting at Verisk, says a Super El Nino in the Pacific could have an impact on winter weather conditions throughout North America.

AM Best: P/C Insurers Cut Expenses in the Wake of Deteriorating Personal Lines Results

A.M. Best Company, Inc. — Thu, 25 Jan 2024 07:00:00 +0000

Noticeable differences in advertising between the personal and commercial lines reflect the segments' diverging results, said AM Best Senior Industry Analyst Christopher Graham, referencing a Best's Special Report.

AM Best: US Individual Life Payout Ratios Down

A.M. Best Company, Inc. — Wed, 24 Jan 2024 07:00:00 +0000

The impact of COVID-19 on claims has been less than expected, despite elevated mortality in certain demographics and regions, said AM Best Senior Financial Analyst Stratos Laskarides and Industry Research Analyst Helen Andersen.

AM Best: Annuity Surrenders Up Through 3Q23, Edging Out Premium Growth

A.M. Best Company, Inc. — Tue, 23 Jan 2024 07:00:00 +0000

Surrendered annuity policies increased 18% through the third quarter of 2023 year-over-year, while premium growth held steady at 17%, according to a new AM Best report.

Munich Re Report: Insured Losses in 2023 Hit $95 Billion

A.M. Best Company, Inc. — Mon, 22 Jan 2024 07:00:00 +0000

Ernst Rauch, chief climate scientist from Munich Re, discusses a recent report that shows 2023 natural disaster losses were in line with the five‑year average and just slightly above the 10‑year average.

Swan Re's Garg: Global Uncertainty Raises Interest in Strikes, Riots, Civil Commotion Coverage

A.M. Best Company, Inc. — Fri, 19 Jan 2024 07:00:00 +0000

Ram Garg, CEO, Nector Specialty Group, said SRCC-related lines have seen significant price increases in the past five years. Garg spoke with AM Best TV at the Singapore International Reinsurance Conference.

Aspen's Welch and Boon: Asian Markets Are Diverse, Clients Look Beyond Pricing

A.M. Best Company, Inc. — Thu, 18 Jan 2024 07:00:00 +0000

John Welch, and Tay Boon Chaun, both of Aspen Insurance Holdings, said reinsurers aim for longer-term relationships, with learning on both sides. Both spoke with AM Best TV at the Singapore International Reinsurance Conference.

Guy Carpenter's Carter: Lloyd's Market Provides Broader Reach for Captive Insurers

A.M. Best Company, Inc. — Wed, 17 Jan 2024 07:00:00 +0000

Victoria Carter, chairman, global capital solutions, international, Guy Carpenter, said captive insurers at Lloyd's should benefit from reduced funding costs, robust oversight, and global licensing. Carter spoke with AM Best TV at the Singapore International Reinsurance Conference.

Nexus' Egerton: Asia Needs Regulatory Clarity on the Role of MGAs

A.M. Best Company, Inc. — Tue, 16 Jan 2024 07:00:00 +0000

Tony Egerton, CEO, Nexus Asia, said greater clarity on the responsibilities and authority of MGAs would allow for greater innovation in regional Asian markets. Egerton spoke with AM Best TV at the Singapore International Reinsurance Conference.

Swiss Re's Gonzalez: Shanghai Early in Development as Global Reinsurance Hub

A.M. Best Company, Inc. — Mon, 15 Jan 2024 07:00:00 +0000

Ivan Gonzalez, CEO, Swiss Re China, said foreign reinsurance capital remains an important element of China's insurance sector. Gonzalez spoke with AM Best TV at the Singapore International Reinsurance Conference.

CyberCube's Marcano: Insurance-Linked Securities Are Extending Their Reach

A.M. Best Company, Inc. — Fri, 12 Jan 2024 07:00:00 +0000

Juan Marcano, principal, alternative risk transfer, CyberCube, said modeling for insurance-linked securities is expanding to include cyber, life, illness, specialty and other risks. Marcano spoke with AM Best TV at the Singapore International Reinsurance Conference.

Verisk's Guin: Classifying Some Perils as 'Secondary' May Be Misleading

A.M. Best Company, Inc. — Thu, 11 Jan 2024 07:00:00 +0000

Jayanta Guin, executive vice president, Verisk, said modeling advances allow insurers to look beyond what were traditionally considered primary perils. Guin spoke with AM Best TV at the Singapore International Reinsurance Conference.

Gallagher Re's Yen: Pricing, Attachment Issues Have Significant Impacts in Regional Markets

A.M. Best Company, Inc. — Wed, 10 Jan 2024 07:00:00 +0000

Hui Yen, regional director, head of analytics, Asia-Pacific, Gallagher Re, said where the cost of insurance or the point at which insurance coverage begins can be a substantial portion of a company's capital. Yen spoke with AM Best TV at the Singapore International Reinsurance Conference.

CyberCube's Nagrani: Understanding Cyberrisk Requires Diverse Viewpoints

A.M. Best Company, Inc. — Tue, 09 Jan 2024 07:00:00 +0000

Anjali Nagrani, principal product advisor, CyberCube, said the cyber insurance niche is evolving and complicated. Nagrani spoke with AM Best TV at the Singapore International Reinsurance Conference.

Aon's Mulugu: Risk Modeling Takes Time, Resources and Varied Skills

A.M. Best Company, Inc. — Mon, 08 Jan 2024 07:00:00 +0000

Himavant Mulugu, director for impact forecasting, Aon, said developing risk models and forecasting involves hydrologists, statisticians, programmers, and experts in financial mathematics, probability, and extreme value theory. Mulugu spoke with AM Best TV at the Singapore International Reinsurance Conference.

TMK's Spyropoulos: Catastrophes, Inflation Combine to Drive Up Claims Costs

A.M. Best Company, Inc. — Fri, 05 Jan 2024 07:00:00 +0000

Pavlos Spyropoulos, regional managing director, Asia, Tokio Marine Kiln, cited increased costs in labor and materials for property rebuilding as an example of how inflation can escalate claim costs. Spyropoulos spoke with AM Best TV at the Singapore International Reinsurance Conference.

Mongolian Re's Batmunkh: Reinsurance a Key Element of Country's Disaster Risk System

A.M. Best Company, Inc. — Thu, 04 Jan 2024 07:00:00 +0000

Javkhlant Batmunkh, Mongolian Re, said the Mongolian government is moving toward a broader disaster risk framework. Batmunkh spoke with AM Best TV at the Singapore International Reinsurance Conference.

Lexasure's Lim: Strategy is to Support Growth Via 'Reinsurance as a Service'

A.M. Best Company, Inc. — Wed, 03 Jan 2024 07:00:00 +0000

Ian Lim, CEO, Lexasure Financial Group, said digitally enabling client companies helps to provide support to a wide range of coverage areas. Lim spoke with AM Best TV at the Singapore International Reinsurance Conference.

AM Best Panel at SIRC: National Scale Ratings Vary by Country Due to Market Characteristics

A.M. Best Company, Inc. — Tue, 02 Jan 2024 07:00:00 +0000

Chris Lim, Yi Ding and Ken Lau, all of AM Best, said the calibration of an NSR is specific and unique to each country. The three spoke with AM Best TV at the Singapore International Reinsurance Conference.

Malaysian Re's Azhari: The Fundamental Purpose of Reinsurance Is Risk Management

A.M. Best Company, Inc. — Mon, 01 Jan 2024 07:00:00 +0000

Ahmad Noor Azhari, CEO, Malaysian Re, cautioned that some insurance companies view reinsurance as a tool to propel top-line growth. Azhari spoke with AM Best TV at the Singapore International Reinsurance Conference.

Hartford Financial's Tooker: AI, Cyberattacks Top Agent/Broker Concerns for 2024

A.M. Best Company, Inc. — Fri, 29 Dec 2023 07:00:00 +0000

The pace of change will never be this slow again, said Mo Tooker, head of Enterprise Sales & Distribution, Global Specialty, and Middle & Large Commercial, Hartford Financial, referencing the insurer's new Risk Monitor Report.

Allianz Report Identifies Major D&O Risk Trends

A.M. Best Company, Inc. — Thu, 28 Dec 2023 07:00:00 +0000

Allianz Report Identifies Major D&O Risk Trends Vanessa Maxwell, global head of financial lines for Allianz Commercial, discusses the company's recently released report that identifies the major directors and officers risk trends for 2024, including insolvencies, artificial intelligence and geopolitical risks.

AM Best: Nonstandard Auto Insurers Aim for Improved Underwriting Results

A.M. Best Company, Inc. — Wed, 27 Dec 2023 07:00:00 +0000

Standard and nonstandard auto insurers are challenged by higher repair costs, labor and supply chain issues, and rising fatalities, said AM Best Associate Director David Blades and Associate Analyst Nasheeta Mahbub.

AM Best: US Personal Auto Results Worsen as Claims Severity Rises

A.M. Best Company, Inc. — Tue, 26 Dec 2023 07:00:00 +0000

The direct incurred loss ratio for the first half of 2023 was more than three points above the prior year despite a 10.5% rise in premiums, said AM Best Associate Director David Blades and Senior Industry Analyst Christopher Graham.

Allianz: Ransomware Attacks Rose 143% in First Quarter

A.M. Best Company, Inc. — Mon, 25 Dec 2023 07:00:00 +0000

Tresa Stephens, North American Head of Cyber for Allianz, details a new company report that looks at trends in cybersecurity. Trends show an increase in attacks that exploit software vulnerabilities and aim at digital supply chains.

Gallagher Re's Gammoh: Insurers Can Access a Range of Capital Management Tools

A.M. Best Company, Inc. — Fri, 22 Dec 2023 07:00:00 +0000

Shireen Gammoh, global head of capital advisory and modeling, Gallagher Re, said insurers must consider volatility and tools to protect capital segments. Gammoh spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.

Swiss Re's Parker: Insurance Investors Raise Expectations

A.M. Best Company, Inc. — Thu, 21 Dec 2023 07:00:00 +0000

Cameron Parker, head of P/C structured solutions, EMEA, Swiss Re, said investor appetite has shifted in search of higher returns. The insurance industry's recent performance has also sharpened concerns about delivering stable returns. Parker spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.

PwC's Moore: Capital Management Has Again Come to the Fore

A.M. Best Company, Inc. — Wed, 20 Dec 2023 07:00:00 +0000

Andy Moore, London Market leader and UK insurance regulatory leader, PwC, said higher rates and increasingly complex, interconnected risks require insurers to pay close attention to how they deploy capital. Moore spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.

Beazley's Cox: Insurers Can Help Clients Meet Climate Risks

A.M. Best Company, Inc. — Tue, 19 Dec 2023 07:00:00 +0000

Adrian Cox, chief executive officer, Beazley, said the role of insurance extends beyond just pricing risk; it includes providing insight, risk management, and enabling progress. Cox spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.

AM Best: Methodology Enhancements Cover Holding Companies, Regulation, Capital Management

A.M. Best Company, Inc. — Mon, 18 Dec 2023 07:00:00 +0000

Kanika Thukral and Michael Dunckley, both associate directors, AM Best, also review changes to AM Best's holding company capital methodology. Both spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.

AM Best: Insurers Adopting IFRS 17 Will See Changes

A.M. Best Company, Inc. — Fri, 15 Dec 2023 07:00:00 +0000

Tony Silverman, director, credit rating criteria, research & analytics, AM Best, said combined ratios in non-life insurance will change, improving the quality of financial indicators. However IFRS 17 will mean that comparisons with other accounting standards such as US GAAP will require interpretation. Silverman spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.

AM Best: Global Insurance Market Has Shifted, Faces Multiple Economic and Systemic Risks

A.M. Best Company, Inc. — Thu, 14 Dec 2023 07:00:00 +0000

Mahesh Mistry and Angela Yeo, both senior directors and heads of analytics, AM Best, said global insurers face scenarios of polycrisis and permacrisis that are redefining markets and broadening the risk environment. Both spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.

AM Best: Hard Market Not Caused by a Cat Event, but by Disciplined Market Participants

A.M. Best Company, Inc. — Wed, 13 Dec 2023 07:00:00 +0000

Greg Carter, managing director, analytics, AM Best, said reinsurers are refocusing on traditional role of balance sheet protection rather than on smoothing earnings or managing income statements. Carter spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.

Nationwide Survey Finds Climate Risk as Top of Mind for Business Owners

A.M. Best Company, Inc. — Tue, 12 Dec 2023 07:00:00 +0000

Tony Fenton, vice president of underwriting and product at Nationwide Property & Casualty, discusses a new survey that shows that while most business owners feel prepared for severe weather, their insurance agents aren’t so sure.

LIMRA’s Salka: Profitable Growth Presents Top Challenge for Life Insurance Executives

A.M. Best Company, Inc. — Mon, 11 Dec 2023 07:00:00 +0000

Alison Salka, senior vice president, director of research, LIMRA and LOMA, said life insurance execs name profitable growth and leveraging technology as top challenges; less than a third consider their companies well equipped to meet that challenge.

AM Best: Book Value of Insurers’ Hedge Fund Investments Declines

A.M. Best Company, Inc. — Fri, 08 Dec 2023 07:00:00 +0000

Insurers have expanded their multi-strategy allocations for greater diversification benefits, said AM Best Associate Director Jason Hopper and Industry Analyst Helen Andersen, referencing a new Best’s Special Report.

AM Best: Recent Layoffs by Insurers Alone Do Not Signal Ratings Pressure

A.M. Best Company, Inc. — Thu, 07 Dec 2023 07:00:00 +0000

Artificial intelligence has the potential for disruption as well as process breakthroughs in the insurance industry, said AM Best Director Edin Imsirovic, referencing a new Best's Commentary.

Verisk Model Looks to Address Unfair Pricing

A.M. Best Company, Inc. — Wed, 06 Dec 2023 07:00:00 +0000

Doug Caccese, president of risk assessment at Verisk, said discussion is increasing in and around the insurance industry about equity and fairness.

Johnson Lambert: AI Offers Insurers Both Opportunity and Challenges

A.M. Best Company, Inc. — Tue, 05 Dec 2023 07:00:00 +0000

Dave Fuge, chief Innovation officer, Johnson Lambert, discusses how the insurance industry is deploying artificial intelligence right now, and how it could improve customer experience and data privacy in the future.

The Competitive Advantage

A.M. Best Company, Inc. — Mon, 04 Dec 2023 07:00:00 +0000

David Nelson, executive vice president, E&S Wholesale, Nationwide, said there's significant growth opportunities in the excess and surplus marketplace.

Transunion: "Insurers Add Cyber Solutions to Small Business Insurance"

A.M. Best Company, Inc. — Fri, 01 Dec 2023 07:00:00 +0000

Matt Cullina, Head of Transunion's Global Cyber Insurance Business discusses how prevalant cyberattacks have become and how insurers are addressing the problem for small business owners.

J.D. Power Survey Examines Auto Claims Satisfaction

A.M. Best Company, Inc. — Thu, 30 Nov 2023 07:00:00 +0000

Mark Garrett, director, Insurance Intelligence Practice, J.D. Power, discusses the company’s Auto Claims Satisfaction Study that finds that overall satisfaction with the auto insurance claims process has improved from last year.

Navigators’ Garrison: Reinforced Casualty Rates Seen in Wholesale Market

A.M. Best Company, Inc. — Wed, 29 Nov 2023 07:00:00 +0000

Navigators Head of Wholesale Michael Garrison discussed the impact of inflation and catastrophes in the property market, and social inflation on the wholesale market. He spoke to AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

Axis’ Carr: Rising Nat Cats Spur Market Dislocation

A.M. Best Company, Inc. — Tue, 28 Nov 2023 07:00:00 +0000

Michael Carr, head of U.S. excess and surplus property, Axis Wholesale, said dislocation in the marketplace is driven by increased frequency and severity of cat events, and a continued influx of submission activity. Carr spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

Sompo’s Lavin: Increased Rates, Retentions Expected for January Renewals

A.M. Best Company, Inc. — Mon, 27 Nov 2023 07:00:00 +0000

John Lavin, executive vice president, E&S property, U.S. insurance, Sompo International, said he expects continued rate increases from reinsurance programs and increased retentions ahead. Lavin spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

Admiral’s Bassett: Ax Throwing, Fights Among Liquor-Related Risks

A.M. Best Company, Inc. — Fri, 24 Nov 2023 07:00:00 +0000

Lowell Bassett, casualty underwriter, Admiral Insurance, sees a return of bars and restaurants post-COVID and the rise of new liquor liability risks at ax throwing facilities. Bassett spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

Munich Re’s Tredinnick: Social Inflation, Law Enforcement Unique Risks Facing Public Entities

A.M. Best Company, Inc. — Thu, 23 Nov 2023 07:00:00 +0000

Lauren Tredinnick, president, public entity risk solutions, Munich Re Specialty Insurance, said law enforcement excessive force is a unique challenge for municipalities. Tredinnick spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

Aon Edge’s Dickson: Shift in Risks Creates Opportunities for Private Flood Market

A.M. Best Company, Inc. — Wed, 22 Nov 2023 07:00:00 +0000

Aon Edge President John Dickson said weather is winning the race between flood risk maps and the changing peril. He spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

Xceedance’s Parcelli: AI Plays Role in Underwriting, Difficult-to-Place Risks

A.M. Best Company, Inc. — Tue, 21 Nov 2023 07:00:00 +0000

Michael Parcelli, senior vice president, Xceedance, said cautious optimism abounds in the industry about implementation of artificial intelligence and ChatGPT. He spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

QBE’s Zell: Insurer Suits Against Own Counsel an Emerging Trend

A.M. Best Company, Inc. — Mon, 20 Nov 2023 07:00:00 +0000

David Zell, vice president, specialty programs, QBE Insurance, said if a verdict goes awry, insurers sometimes audit the files of the defense attorney they hired, then seek recovery of some of the loss. Zell spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

Amwins’ Baig and McNatt: Tech Expertise Matters, but Building Relationships Is Critical

A.M. Best Company, Inc. — Fri, 17 Nov 2023 07:00:00 +0000

Sam Baig and Jeff McNatt, both of Amwins, said the insurance property market is still recovering, while cyber coverage remains a challenge to the casualty sectors. Both spoke with AM Best TV at the WSIA Annual Marketplace in San Diego.

H.W. Kaufman EVP: Industry Attracts Young Talent, but Insurance Build-Out in Progress

A.M. Best Company, Inc. — Thu, 16 Nov 2023 07:00:00 +0000

Jodie Kaufman Davis, EVP, H.W. Kaufman Group, said the insurance industry is providing opportunities to educate college students and graduates about what it has to offer. She spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.

RT Specialty’s Austenfeld: Specialization, Diversity of Thought Distinguish Surplus Lines Sector

A.M. Best Company, Inc. — Wed, 15 Nov 2023 07:00:00 +0000

Brenda (Ballard) Austenfeld, national property CEO & president, RT Specialty, and a WSIA board member, said the continued growth of the surplus lines sector increases both the demand and opportunities for insurance talent.

Panel: E&S Market Faces Climate, Technology as Emerging Risks

A.M. Best Company, Inc. — Tue, 14 Nov 2023 07:00:00 +0000

A panel of industry experts at the 2023 WSIA Annual Marketplace in San Diego discussed how climate and technology are driving new and emerging exposures, and how innovation in excess & surplus makes that market well equipped to handle those risks.

Panel: Solutions, Premium for Cyberrisk Burgeoning in Surplus Lines

A.M. Best Company, Inc. — Mon, 13 Nov 2023 07:00:00 +0000

A panel of industry experts at the 2023 WSIA Annual Marketplace in San Diego discussed how flexibility of the surplus lines market provides a faster response to various issues in the cyber space.

Panel: Advancing Tech and AI Make a Great but Potentially Problematic Combo

A.M. Best Company, Inc. — Fri, 10 Nov 2023 07:00:00 +0000

Insurance and technology experts gathered by AM Best TV at the WSIA Annual Marketplace in San Diego said insurers should use caution in deploying artificial intelligence-enabled technology or risk issues of privacy, risk management, and governance.

Panel: Insurers Looking to AI to Aid Underwriting, Support

A.M. Best Company, Inc. — Thu, 09 Nov 2023 07:00:00 +0000

A panel of industry experts at the 2023 WSIA Annual Marketplace in San Diego discussed artificial intelligence, its use in the industry, how it will aid underwriters and its impact on work efficiency.

Workers’ Comp Thought Leaders

A.M. Best Company, Inc. — Wed, 08 Nov 2023 07:00:00 +0000

Dale Hoppe, Vice President of Workers' Compensation Programs at Nationwide Excess & Surplus/Specialty said the fluctuating and changing workplace dynamics is having an impact on the workers’ compensation market.

Florida Market Challenges

A.M. Best Company, Inc. — Tue, 07 Nov 2023 07:00:00 +0000

Arthur Randolph, principal and consulting actuary, Pinnacle Actuarial Resources said that insurers writing homeowners’ policies in Florida face a myriad of challenges including surplus erosion.

Experts in Specialization

A.M. Best Company, Inc. — Mon, 06 Nov 2023 07:00:00 +0000

Dan Landers, President and Chief Executive Officer of A.I.M. Mutual said the companies priorities are first, last and always their people.

WSIA’s Kelley: Surplus Lines Sector, Marketplace Conference Continue to Set Records

A.M. Best Company, Inc. — Fri, 03 Nov 2023 06:00:00 +0000

Brady Kelley, executive director, WSIA, said this year’s conference drew more than 7,500 registrants, with the sector reporting $98 billion in premium for the previous year. Kelly spoke with AM Best TV at the WSIA Annual Marketplace in San Diego.

Greenspoon Marder’s Giller: Rise in Injuries Highlights Athletes’ Insurance Needs

A.M. Best Company, Inc. — Thu, 02 Nov 2023 06:00:00 +0000

Richard Giller, partner, chair of Greenspoon Marder’s insurance recovery and counseling group, discusses implications of New York Jets’ Aaron Rodgers’ recent injury and athletes’ need for permanent disability and a loss of value rider.

CAC Specialty’s Carnell: Property Re Issues Challenge Health Systems

A.M. Best Company, Inc. — Wed, 01 Nov 2023 06:00:00 +0000

CAC Specialty Health Care Executive Chairman Kevin Carnell discusses how current market conditions and rising severity of natural catastrophes are driving reinsurance capacity, pricing and coverage limitation challenges facing health care systems.

Travelers Risk Index: Amid Emerging Risks, Cyber Remains a Leading Concern

A.M. Best Company, Inc. — Tue, 31 Oct 2023 06:00:00 +0000

Tim Francis, enterprise cyber lead at Travelers, discusses a recent survey that shows for the ninth straight year, cyberthreats were among the top three concerns of the 1,200 companies surveyed.

AM Best: Pre-Pandemic Woes Return to Commercial Auto

A.M. Best Company, Inc. — Mon, 30 Oct 2023 06:00:00 +0000

Long-standing headwinds for commercial auto, including social and economic inflation, remain prevalent and impactful, said AM Best Associate Director David Blades and Senior Industry Analyst Christopher Graham.

LIMRA’s Carroll: Investors’ Interest in Annuities Never Greater

A.M. Best Company, Inc. — Fri, 27 Oct 2023 06:00:00 +0000

Amid concerns about equity market volatility, investors are becoming more conservative and more interested in adding annuities to their portfolios, said John Carroll, LIMRA senior vice president and head of insurance and annuities - U.S. and Canada.

AM Best TV Special Presentation: What the AI Revolution Means for Insurers, Insureds and the Insurance Workforce

A.M. Best Company, Inc. — Thu, 26 Oct 2023 06:00:00 +0000

An insurance and technology professional reviews the issues shaping the industry's integration of artificial intelligence.

AM Best TV Special Presentation: What the AI Revolution Means for Insurance Prospects, Policyholders and Regulators.

A.M. Best Company, Inc. — Wed, 25 Oct 2023 06:00:00 +0000

AI is changing risk selection, marketing and policyholder relations. Regulators are increasingly skeptical of insurers who can't explain how their own algorithms work.

AM Best Special Presentation: How AI Is Remaking the Insurance Workforce

A.M. Best Company, Inc. — Tue, 24 Oct 2023 06:00:00 +0000

Which jobs are at risk, and which have been enhanced in selling, underwriting, claims, asset management, operations and more? How can insurance professionals avoid occupational obsolescence?

AM Best TV Special Presentation: How AI is Remaking Insurance Organizations

A.M. Best Company, Inc. — Mon, 23 Oct 2023 06:00:00 +0000

What functions will be handled substantially by AI, and what insurance functions, if any, will AI never perform? What are insurers' best practices for integrating AI?

Swiss Re's Nabholz: Report Examines Most-Critical Emerging Risks

A.M. Best Company, Inc. — Fri, 20 Oct 2023 06:00:00 +0000

Christoph Nabholz, Swiss Re Institute chief research & sustainability officer and head of the research, engagement & sustainability team, discusses a company report examining emerging risk themes and trend spotlights facing the insurance industry.

AM Best: Secondary Perils, Inflation Underlie Mutuals’ Volatile Operating Results

A.M. Best Company, Inc. — Thu, 19 Oct 2023 06:00:00 +0000

P/C mutual insurers’ profitability struggled in 2022, despite considerable premium growth, said AM Best Financial Analyst Lauren Magro, referencing a new Best's Market Segment Report.

Zelros CEO: AI Aids Insurers in Personalization, Customer Service

A.M. Best Company, Inc. — Wed, 18 Oct 2023 06:00:00 +0000

Zelros co-founder and CEO Damien Philippon discusses the benefits and growing use of generative artificial intelligence in insurance, including automation, risk assessment and helping to identify necessary coverages.

Asset Allocation Strategy

A.M. Best Company, Inc. — Tue, 17 Oct 2023 06:00:00 +0000

Tim Antonelli, Head of Insurance Multi-Asset Strategy and Portfolio Manager for Wellington Management, shares the top trends he’s seeing across insurers of all sizes and types, views on inflation, and ideas on how to navigate 2024.

Technology Revolution

A.M. Best Company, Inc. — Mon, 16 Oct 2023 06:00:00 +0000

Arun Balakrishnan, CEO and co-founder of Xceedance, advocates a transformative approach for insurers.

SiriusPoint’s Egan: Deeper Relationships Are Central to Success

A.M. Best Company, Inc. — Fri, 13 Oct 2023 06:00:00 +0000

Understanding markets and the pressures associated with risk helps business evolve, said Scott Egan, chief executive officer, SiriusPoint. Egan spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Swiss Re’s Haegeli: Reinsurance Sector Well-Suited to Take On Uncertainties

A.M. Best Company, Inc. — Thu, 12 Oct 2023 06:00:00 +0000

Reinsurers are pricing the risk, investing in the risk on the asset side and underwriting the risk, positioning them to cope with the challenges today and tomorrow, said Jerome Haegeli, group chief economist of Swiss Re.

IGI’s Jabsheh: Reinsurance Segment Expected To Double on New Opportunities

A.M. Best Company, Inc. — Wed, 11 Oct 2023 06:00:00 +0000

The traditional commercial portfolio now includes elements of cyber, engineering, political violence and contingency, said Waleed Jabsheh, CEO of International General Insurance.

Hannover Re’s Ludolphs: Reinsurance Industry Managing Hard Market Well

A.M. Best Company, Inc. — Tue, 10 Oct 2023 06:00:00 +0000

Reinsurance and ILS markets have shown underwriting discipline, important because much of the past 10 years was not so positive for many industry participants, said Henning Ludolphs, managing director, retrocession and capital markets, Hannover Re.

Peak Re’s Hahn: Opportunities Grow in Emerging Asia Markets

A.M. Best Company, Inc. — Mon, 09 Oct 2023 06:00:00 +0000

With more than 200 million entrants into the middle class each year, the region offers growth in property, pension, life and health, said Peak Re CEO Franz-Josef Hahn. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Connect’s Elbahou: Hybrid MGA Provides Level of Control

A.M. Best Company, Inc. — Fri, 06 Oct 2023 06:00:00 +0000

The decision to purchase capacity directly via the treaty route has allowed an insurer to control its own destiny, said Jamil Elbahou, CEO and underwriting chief, Connect Underwriting. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Lloyd’s Tiernan: Creativity Necessary to Solve Protection Gap

A.M. Best Company, Inc. — Thu, 05 Oct 2023 06:00:00 +0000

Efforts such as cyber hygiene, flood prevention and making base products simpler and more accessible are paramount to closing the protection gap, said Patrick Tiernan, chief of markets, Lloyd’s. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Aspen’s Cloutier: Investor Appetite for Reinsurance Business Is Strong

A.M. Best Company, Inc. — Wed, 04 Oct 2023 06:00:00 +0000

The reinsurance sector must prove that it’s worthy of capital support, and continuing its recent trading history of decent returns can go a long way, said Mark Cloutier, executive chairman and group CEO, Aspen. Cloutier spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Phoenix CRetro's Savrassov: ILS Can Play Major Role In Closing Protection Gap

A.M. Best Company, Inc. — Tue, 03 Oct 2023 06:00:00 +0000

Insurance-linked securities, parametric and catastrophe bonds, and other private instruments can help nations outside the United States and Western Europe transfer risk, said Kirill Savrassov, chief executive officer, Phoenix CRetro Ltd. Savrassov spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Lancashire’s Maloney: Most Business Classes Still Attracting Positive Rates

A.M. Best Company, Inc. — Mon, 02 Oct 2023 06:00:00 +0000

The underwriting community must prove to investors conditions are sustainable, and that it can again make sensible returns for stakeholders, said Alex Maloney, CEO, Lancashire Group. Maloney spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Sompo’s James: Global Market Shows Signs of Equilibrium, Stability

A.M. Best Company, Inc. — Fri, 29 Sep 2023 06:05:00 +0000

There’s an understanding that reinsurers must make money and insurers must pay a reasonable amount for the protection they’re seeking, said Julian James, chief executive officer, global markets, Sompo International Commercial P&C. James spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Munich Re’s Prussog: Reinsurance Role Change Is Rooted in Technology

A.M. Best Company, Inc. — Thu, 28 Sep 2023 06:00:00 +0000

With computing power increasing, a more comprehensive data set can be used to analyze and assess risks, said Carsten Prussog, chief executive, United Kingdom, Ireland, Netherlands and Nordics, Munich Re. Prussog spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Praedicat CEO: Data, Models, Experience Aid Casualty Risk Management

A.M. Best Company, Inc. — Wed, 27 Sep 2023 06:00:00 +0000

Praedicat President and CEO Robert Reville said the abundance of data and greater use of models and property catastrophe experience make it possible to manage new risks in better ways. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Mt. Logan Re’s Modin: Investors Show Renewed Interest in ILS ID

A.M. Best Company, Inc. — Tue, 26 Sep 2023 06:00:00 +0000

Relative value investors come in and out of insurance-linked securities, while strategic investors consider ILS part of their long-term portfolio, said John Modin, president, Mt. Logan Re Ltd. Modin spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Everest Group’s Andrade: Supply and Demand Gap, Pent-Up Demand to Drive Higher Prices

A.M. Best Company, Inc. — Mon, 25 Sep 2023 06:00:00 +0000

A sizable supply and demand gap lingers and pent-up demand from cedents continues to grow, which could result in terms and conditions remaining tight, said Everest Group President and Chief Executive Officer Juan Andrade. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

EY’s Santenac: Rendez-Vous Atmosphere Optimistic

A.M. Best Company, Inc. — Fri, 22 Sep 2023 06:00:00 +0000

Discussions have highlighted growth, acquisition and development of new products, solutions and opportunities, said Isabelle Santenac, global insurance leader, EY. Santenac spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Howden Tiger’s Flandro: Capital Pathway, Collateralized Cover Drive Investor Changes

A.M. Best Company, Inc. — Thu, 21 Sep 2023 06:00:00 +0000

Attitude of investors is different from last cycle, as now capital largely goes through the ILS market while collateralized cover enters the market, said David Flandro, head of industry analysis and strategic advisory, Howden Tiger. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Hiscox Re’s Reardon: ILS Market Is Still Rebalancing

A.M. Best Company, Inc. — Wed, 20 Sep 2023 06:00:00 +0000

While macroeconomic concerns about portfolios exist, the ILS market could have a new player, cyber, which has growth potential, rate adequacy and an attractive risk profile, said Kathleen Reardon, CEO, Hiscox Re & ILS. Reardon spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

AM Best Officers: Third-Party Assessments Can Help Insurers Evaluate MGAs

A.M. Best Company, Inc. — Tue, 19 Sep 2023 06:00:00 +0000

Successful managing general agents focus on underwriting, providing coverages and innovating, rather than simply promising their clients growth, said Matthew Mosher, president and CEO, AM Best Rating Services, and Andrea Keenan, EVP & chief strategy officer, AM Best. They spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Cyber Panel: Insurers, Reinsurers Think About Cyber Differently

A.M. Best Company, Inc. — Mon, 18 Sep 2023 06:00:00 +0000

A panel of industry experts at the Rendez-Vous de Septembre in Monte Carlo said a large gap remains between coverage needed and protection bought.

AM Best: Global Reinsurers Face Uncertainty Even as Conditions Improve

A.M. Best Company, Inc. — Fri, 15 Sep 2023 06:00:00 +0000

Optimism is being countered by an uncertain environment due to underwriting, economic, social and geopolitical factors, said Carlos Wong-Fupuy, senior director, AM Best.

Aon Edge CEO: Tropical Storm Hilary Underscores Importance of Flood Insurance

A.M. Best Company, Inc. — Thu, 14 Sep 2023 06:00:00 +0000

Aon Edge President and CEO John Dickson said the number of people impacted by Hilary is far greater than those reporting flood losses “because not enough people in the area were carrying critical insurance…just another example of the growing insurance gap in this country.”

EVs Make for Unique Coverage Challenges for Insurers

A.M. Best Company, Inc. — Wed, 13 Sep 2023 06:00:00 +0000

Sandee Perfetto, senior director, personal line coverage for products, Verisk, discusses the myriad of insurance risk differences between combustion engine automobiles and electric vehicles.

LIMRA-EY Study Finds Evolving Trends in Workplace

A.M. Best Company, Inc. — Tue, 12 Sep 2023 06:00:00 +0000

From adjusting to hybrid work to a new generation of employees, the future of work seems more uncertain than it was a few years ago. Chris Morbelli, EY Americas Life & Group Insurance transformation leader discusses the findings of a LIMRA-EY collaborative study that surveyed employees across industries and organization sizes.

Celent: Generative AI Is Game Changer for Insurers

A.M. Best Company, Inc. — Mon, 11 Sep 2023 06:00:00 +0000

Andrew Schwartz, insurance analyst at Celent, discusses a new company study on artificial intelligence that looks at the proliferation of the technology and how it is seeping into just about every facet of the insurance industry.

A Look Back: One Year After Hurricane Ian

A.M. Best Company, Inc. — Fri, 08 Sep 2023 15:50:00 +0000

Karthik Ramanathan, vice president and principal engineer, research and modeling, extreme event solutions team, and Steve Clarke, government relations, both from Verisk, dissect Florida’s deadliest hurricane since 1935 in search of answers as to what made Ian such a catastrophic event.

LIMRA’s Giesing: Annuity Sales Up 27% in First Half of 2023

A.M. Best Company, Inc. — Thu, 07 Sep 2023 06:00:00 +0000

Todd Giesing, assistant vice president, LIMRA Annuity Research, said total U.S. annuity sales climbed to $181.1 billion, setting a new record, in the first half of 2023, and LIMRA forecasts a strong second half of the year.

Voice of the Future

A.M. Best Company, Inc. — Wed, 06 Sep 2023 06:00:00 +0000

Alex Martin, CEO and co-founder of Clearspeed, the market leader in assessing risk in speech, said he sees voice technology as an important tool for insurers when it comes to the future of fraud detection.

Opportunity Abounds in E&S

A.M. Best Company, Inc. — Tue, 05 Sep 2023 06:00:00 +0000

Liz Kramer, newly appointed President of Excess and Surplus Lines, Munich Re Specialty Insurance, said the E&S market has almost doubled in the last four to five years.

Successful Environment

A.M. Best Company, Inc. — Mon, 04 Sep 2023 06:00:00 +0000

Jamie Langes, vice president underwriting officer environmental for Philadelphia Insurance Companies sand that when considering the different impacts of environmental liability from a cleanup perspective to bodily injury and property damage it's very unique.

HAI’s Malaspina: ‘Human Firewall’ Is Best Defense Against Cyberrisk

A.M. Best Company, Inc. — Fri, 01 Sep 2023 06:00:00 +0000

Ed Malaspina, chief executive officer and president, HAI Group, said the affordable housing sector is also vulnerable to cyberrisk. Malaspina spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Kite Realty's Severson: Hurricanes, Carrier Restrictions Make Captives an Option for Property Risk

A.M. Best Company, Inc. — Thu, 31 Aug 2023 06:00:00 +0000

Theresa Severson, vice president of insurance and risk management, Kite Realty Group, said captives are considered good options for safety and benefits programs. Severson spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Axa XL’s Bauman: Captive Insurers Play Role in Corporate Governance

A.M. Best Company, Inc. — Wed, 30 Aug 2023 06:00:00 +0000

Steve Bauman, global programs and captives director, Americas, Axa XL, said organizations face risk if their captives are noncompliant. Bauman spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Vermont’s Bigglestone: Cells Offer Quicker Entry Into Captive Insurance

A.M. Best Company, Inc. — Tue, 29 Aug 2023 06:00:00 +0000

Sandy Bigglestone, deputy commissioner, Captive Insurance Division, Vermont Department of Financial Regulation, said the attractiveness of cells lies in their existing infrastructure. They can be used to test the climate before possibly transitioning to a single-parent captive. Bigglestone spoke with AM Best TV at the annual VCIA conference in Burlington.

Michigan's Piner Sees Captive Future in Cannabis, Auto, Life Sectors

A.M. Best Company, Inc. — Mon, 28 Aug 2023 06:00:00 +0000

David Piner director of the captive program, Michigan Department of Insurance and Financial Services, said Michigan's program is growing, with about $2.5 billion in premiums written last year. Premiums could exceed $3 billion by the end of 2023. Piner spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Hawaii's Shimomoto: Japanese Companies Help Drive State's Captive Growth

A.M. Best Company, Inc. — Fri, 25 Aug 2023 06:00:00 +0000

Paul Shimomoto, president of the Hawaii Insurance Council, said the state hosts 40 Japanese-owned captives, with seminars planned for Tokyo and Osaka. Shimomoto spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Missouri’s Komo: Construction Sector Shows Interest in Captive Insurance

A.M. Best Company, Inc. — Thu, 24 Aug 2023 06:00:00 +0000

Sam Komo, captive insurance manager, Missouri Department of Commerce and Insurance, said the state aims to implement technological changes to streamline premium tax and financial filings. Komo spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Delaware's Taylor: IRS Focus on Small Captives Sparks Rise in Dissolution Requests

A.M. Best Company, Inc. — Wed, 23 Aug 2023 06:00:00 +0000

Stephen Taylor, Delaware's director of the Bureau of Captive and Financial Insurance Products, said certain proposed IRS rule requirements are considered overly broad. Taylor spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

VCIA's Mead: Vermont Captives Emerge as Option for International Risk

A.M. Best Company, Inc. — Tue, 22 Aug 2023 06:00:00 +0000

Vermont Captive Insurance Association President Kevin Mead said the association has conducted a trade mission in Mexico, with representatives from that country and others attending this year's VCIA conference, held in Burlington.

Tennessee's Wiedeman: Healthy Captives Are Well-Capitalized With Involved Boards

A.M. Best Company, Inc. — Mon, 21 Aug 2023 06:00:00 +0000

Mark Wiedeman, director, Captive Insurance Section, Tennessee Department of Commerce & Insurance, said the state recently licensed its 1,000th risk-bearing entity.

NC's Gorman: Legislation Set to Boost North Carolina's Captive Insurance Industry

A.M. Best Company, Inc. — Fri, 18 Aug 2023 06:00:00 +0000

Lori Gorman, deputy commissioner, N.C. Department of Insurance, said legislation to modify the state's Captive Insurance Act includes extending premium tax holiday provisions. Gorman spoke with AM Best TV at the annual VCIA conference in Burlington.

Utah's Wegkamp: State Simplifies Captive Formation, Adjusts Capitalization Requirements

A.M. Best Company, Inc. — Thu, 17 Aug 2023 06:00:00 +0000

Travis Wegkamp, director of captive insurance, Utah, said changes to the state's captive regulations are aimed at helping small- and medium-size businesses meet their risk needs.

AM Best Captive Insurance Panel: Rated Captives See Strong Performance

A.M. Best Company, Inc. — Wed, 16 Aug 2023 06:00:00 +0000

A panel of AM Best rating analysts at the Vermont Captive Insurance Association conference attributed rated captives' strong performance over the past five years to minimal volatility, improved combined ratio and operating performance.

Captive Expert Panel: Parametric Cover Gains a Foothold as Regulators, Others Adapt

A.M. Best Company, Inc. — Tue, 15 Aug 2023 06:00:00 +0000

AM Best's Fred Eslami said a limited number of rated captive insurers are employing parametric coverage. Panelists spoke with AM Best TV at the annual Vermont Captive Insurance Association conference in Burlington.

Vermont's Nevins: Latest Captive Regulatory Update Includes Strengthened Confidential

A.M. Best Company, Inc. — Mon, 14 Aug 2023 06:00:00 +0000

Brittany Nevins, captive insurance economic development director, Vermont, said regulators, associations and legislators meet regularly to fine-tune the state's captive laws.

AM Best: MENA Markets More Stable Despite Headwinds

A.M. Best Company, Inc. — Fri, 11 Aug 2023 06:00:00 +0000

With oil prices at a relatively high level and COVID-19 lockdowns ended, MENA regional insurance markets are showing strong growth, said Vasilis Katsipis, general manager, market development - MENA, South & Central Asia, AM Best.

Conning’s Citroen: Economy, Labor Drive Downtick in State Credit Quality Outlook

A.M. Best Company, Inc. — Thu, 10 Aug 2023 06:00:00 +0000

In its 2023 State of the States Municipal Credit Report, Conning shifted its outlook on state credit quality to “declining” from “stable.” States, however, are well equipped to weather an economic slowdown, said Conning’s Head of Municipal Research Karel Citroen.

AM Best: Workers' Compensation Remains a Profit Engine for P/C Industry

A.M. Best Company, Inc. — Wed, 09 Aug 2023 06:00:00 +0000

Workers’ compensation has been consistently more profitable than other P/C lines from 2012 to 2022 said AM Best Associate Director David Blades and Senior Industry Analyst Christopher Graham, referencing a new Best's Market Segment Report.

Munich Re: First-Half Convective Storms Cause $25 Billion in US Insured Loss

A.M. Best Company, Inc. — Tue, 08 Aug 2023 06:00:00 +0000

Meteorologist Mark Bove, senior vice president of natural catastrophe solutions, Munich Re, discusses what the greater intensity of storms is doing to the insurance industry, and what can be done to mitigate the losses.

Insurers Seek Claims Solutions

A.M. Best Company, Inc. — Mon, 07 Aug 2023 06:00:00 +0000

Maroun Mourad, president of Verisk Claims Solutions, explains how insurers continue to struggle with legacy technology when it comes to claims, and how a solution could be an interconnected claims ecosystem.

Amalgamated Life CEO: Despite Potential Recession, Market Poised for Growth

A.M. Best Company, Inc. — Fri, 04 Aug 2023 06:00:00 +0000

Paul Mallen, CEO and president of Amalgamated Life, sees continued need for group insurance, disability and other benefits, along with increased digital transformation to aid those markets.

First State for Captive

A.M. Best Company, Inc. — Thu, 03 Aug 2023 06:00:00 +0000

Stephen Taylor, Director of the Bureau of Captive & Financial Insurance Products, Delaware Department of Insurance, said the captive industry there is built on the "Delaware advantage."

Lessons of Inflation

A.M. Best Company, Inc. — Wed, 02 Aug 2023 06:00:00 +0000

Chris Donelan, CEO, Global Reinsurance Sompo International said the reinsurance industry was not expecting a housing material shortage, rising labor costs, chip shortages, and then unemployment at historical lows with almost 10% inflation all at once.

Pinnacle Scores Again

A.M. Best Company, Inc. — Tue, 01 Aug 2023 06:00:00 +0000

Roosevelt Mosley, Principal and Consulting Actuary with Pinnacle Actuarial Resources, said that from summary data, the company has the flexibility to add and use different characteristics of the road-level data to develop scores.

KCC's Clark: Linking ILS and Loss Warranty Transactions to 'Model Loss' Can Speed Resolutions

A.M. Best Company, Inc. — Mon, 31 Jul 2023 06:00:00 +0000

Karen Clark, co-founder, Karen Clark and Co., said that models can provide objective benchmarks rather than waiting for lengthy loss-reporting cycles.

III's Porfilio: Lightning Claim Payouts Struck $950 Million in 2022

A.M. Best Company, Inc. — Fri, 28 Jul 2023 06:00:00 +0000

Lightning claim totals dropped by almost two thirds in 2022 from 2020, and by nearly $500 million from 2021, said Dale Porfilio, chief insurance officer, Insurance Information Institute, and president, Insurance Research Council.

Ledger Investing's Shah: 'Cultural Inertia' Holding Back Growth in ILS

A.M. Best Company, Inc. — Thu, 27 Jul 2023 06:00:00 +0000

Samir Shah, CEO of Ledger Investing, said the casualty-focused insurance-linked securities sector is expected to grow.

North Dakota Regulator: AI to Evolve in Underwriting, but Not Cost Industry Jobs

A.M. Best Company, Inc. — Wed, 26 Jul 2023 06:00:00 +0000

Collaboration between insurers and regulators is key to better understanding the use of artificial intelligence and machine learning in the industry, said North Dakota Insurance Commissioner Jon Godfread.

ICMIF's Tarbuck: Upside of Retirement Is Making Way for New, Fresh Ideas

A.M. Best Company, Inc. — Tue, 25 Jul 2023 06:00:00 +0000

ICMIF Chief Executive Shaun Tarbuck said he will soon retire, and in November 2024 hand the leadership torch to current ICMIF Executive Vice President Liz Green.

FM Global’s Tofte: Denmark Retains Top Spot in Company’s Resilience Index

A.M. Best Company, Inc. — Mon, 24 Jul 2023 06:00:00 +0000

To improve resilience and mitigate risks such as geopolitical tension and natural catastrophes, business leaders must examine building locations and the impact of climate risk on those facilities, said Pentti Tofte, staff senior vice president, data analytics, FM Global.

AM Best: First Hard Market Cycle Brings a Return to Profitability for US Cyber Segment

A.M. Best Company, Inc. — Fri, 21 Jul 2023 06:00:00 +0000

Cyber coverage far outpaces the rest of commercial insurance, said Sridhar Manyem, AM Best senior director, Industry Research & Public Relations, and Senior Industry Analyst, Christopher Graham.

Allianz's Khanna: Report Shows Shipping Getting Safer

A.M. Best Company, Inc. — Thu, 20 Jul 2023 06:00:00 +0000

Rahul Khanna, global head of Marine Risk Consulting, Allianz, details the findings of a new report that shows the number of vessel losses was down 36% in 2022 and has decreased by 65% over a 10-year period.

Swiss Re’s Holzheu: Annual Premiums Needed to Close Protection Gaps

A.M. Best Company, Inc. — Wed, 19 Jul 2023 06:00:00 +0000

Thomas Holzheu, chief economist Americas, Swiss Re Institute, said that closing global protection gaps for natural catastrophes, crop, health insurance and mortality would require a record high $1.8 trillion in annual insurance premiums—a cumulative 20% rise since 2018.

Nationwide Report: Two-thirds of Small Business Owners Expect Recession in the Next Six Months

A.M. Best Company, Inc. — Tue, 18 Jul 2023 06:00:00 +0000

Tony Fenton, vice president of commercial lines, underwriting and product at Nationwide, discusses a new company survey that shows small and medium market business owners are increasingly worried about U.S. economic conditions

Sedgwick's North: Think About Claims From the Employer's Viewpoint

A.M. Best Company, Inc. — Mon, 17 Jul 2023 06:00:00 +0000

Dave North, executive chairman, Sedgwick, said one element of the firm's growth has been customizing programs that create better relationships between claimants and risk-takers.

Insurers Employing Technology to Combat Fraud

A.M. Best Company, Inc. — Fri, 14 Jul 2023 06:00:00 +0000

Brian Wilson, vice president, Special Investigations Unit, QBE North America, and Dan Gumpright, EVP, Product and Operations at DetectSystem, explain that insurers have kept up with tech-savvy fraudsters by deploying artificial intelligence to address a range of bogus schemes.

Data, Analytics Helping to Transform Insurer’s D&I Initiatives

A.M. Best Company, Inc. — Thu, 13 Jul 2023 06:00:00 +0000

Dianne Greene, Verisk's global head of Diversity, Equity and Inclusion, explains how qualitative data is helping to build trust as insurers broaden their programs and initiatives.

Americans Show High Level of Tolerance for Insurance Fraud

A.M. Best Company, Inc. — Wed, 12 Jul 2023 06:00:00 +0000

Shane Riedman, vice president and general manager of anti-fraud analytics for Verisk Claims Solutions discusses the findings of a new study on insurance fraud that shows the crime is perceived differently compared to other types of financial fraud.

J.D. Power Survey Shows Auto Insurer Customer Dissatisfaction

A.M. Best Company, Inc. — Tue, 11 Jul 2023 06:00:00 +0000

Mark Garrett, a director at J.D. Power, discusses a recent survey that shows the auto insurance industry and its customers are facing an unenviable situation: Many insurers are facing record‑high loss ratios, while many customers are seeing big rate increases. The price pressures are leading to big drops in satisfaction.

Conning CEO: Generali Investment Holdings To Acquire Conning

A.M. Best Company, Inc. — Mon, 10 Jul 2023 06:00:00 +0000

Cathay Life Insurance Co. Ltd. will contribute its ownership of Conning Holdings Ltd. and its three affiliates -- Octagon Credit Investors, Global Evolution and Pro-market -- in exchange for 16.75% ownership of GIH, said Woody Bradford, chief executive officer and chair of the Conning board.

Risk Panel: Organizations Should Share a Common Risk Framework

A.M. Best Company, Inc. — Fri, 07 Jul 2023 06:00:00 +0000

A panel of risk management experts at the IASA conference in Minneapolis said organizations must share a common perspective about their own risks and how to address them.

Insurance AUM's Foley: AI Set for Major Impact on Analytics, Risk Management

A.M. Best Company, Inc. — Thu, 06 Jul 2023 06:00:00 +0000

Stewart Foley, founder, Insurance AUM, sees a race shaping up with development applications, but warns that artificial intelligence can give incorrect results. Foley spoke with AM Best TV at the 2023 IASA Insurance Conference in Minneapolis.

PII's Esmond: AI Systems Must Build in Accountability

A.M. Best Company, Inc. — Wed, 05 Jul 2023 06:00:00 +0000

Truman Esmond, founder and CEO, Partnership for Insurance Information, said artificial intelligence processes can employ blockchain technology to give greater transparency into the results they generate. Truman spoke with AM Best TV at the 2023 IASA Insurance Conference in Minneapolis.

A Flood of Offerings

A.M. Best Company, Inc. — Tue, 04 Jul 2023 06:00:00 +0000

Neal Schmidt, Vice President of Underwriting, Specialty Property at Philadelphia Insurance Cos., said flood resilience is all about the ability to withstand and rapidly recover.

Impact of Inflation

A.M. Best Company, Inc. — Mon, 03 Jul 2023 06:00:00 +0000

Derek Freihaut, Principal and Consulting Actuary for Pinnacle Actuarial Resources, said that inflation in 2022 was particularly significant to many insurers because of the replacement costs of big-ticket items.

Optiv's Turgal: Cybersecurity Stakes Are Rising for Company Boards

A.M. Best Company, Inc. — Fri, 30 Jun 2023 06:00:00 +0000

James Turgal, vice president, Optiv, said proposed U.S. SEC regulations would expand cyber reporting requirements for leaders of publicly traded companies. Turgal spoke with AM Best TV at the 2023 IASA Insurance Conference in Minneapolis.

Thrivent's Tipton: NAIC Changes Could Alter How Insurers View Bond Investments

A.M. Best Company, Inc. — Thu, 29 Jun 2023 06:00:00 +0000

Tip Tipton, head of accounting policy, Thrivent, said U.S. insurance regulators are moving toward changes that would alter the way bonds and asset-backed securities are reported. Tipton spoke with AM Best TV at the 2023 IASA Insurance Conference in Minneapolis.

Panel: The Past Is No Longer a Reliable Predictor of Future Climate Events

A.M. Best Company, Inc. — Wed, 28 Jun 2023 06:00:00 +0000

A panel of climate experts at the Insurance Accounting and Systems Association conference in Minneapolis said financial incentives are important in encouraging the building of more resilient structures.

IASA's Crockett: Association Continues to Evolve, Broaden Reach

A.M. Best Company, Inc. — Tue, 27 Jun 2023 06:00:00 +0000

Kerry Crockett, CEO, Insurance Accounting and Systems Association, said the organization is moving from a sole focus on accounting and insurance, to a better connection with the broader community and creating content for a diverse audience.

Amwins’ Kurkowski: D&O Evolving as Society Changes

A.M. Best Company, Inc. — Mon, 26 Jun 2023 06:00:00 +0000

Jordan Kurkowski, executive vice president and professional lines specialist at Amwins Brokerage, said that directors and officers insurance has experienced remarkable growth in recent years, evolving alongside the regulatory and societal expectations such as ESG.

Sompo's Grabek: Risk Managers Seek Consistent International Coverage ID

A.M. Best Company, Inc. — Fri, 23 Jun 2023 06:00:00 +0000

Brian Grabek, executive vice president, Sompo International, said risk managers for multinational organizations must balance local compliance with organizational risk needs. Grabek spoke with AM Best TV at Riskworld, the RIMS 2023 annual conference.

QBE North America's Jones: AI Brings New Capabilities and Risks to Insurers

A.M. Best Company, Inc. — Thu, 22 Jun 2023 06:00:00 +0000

Todd Jones, CEO, QBE North America, said insurers must scrutinize implementations of artificial intelligence for safety and issues of safety and fairness. Jones spoke with AM Best TV at RIMS' Riskworld, held in Atlanta.

Hartford Financial's Scott: Auto Is Just the Start for Usage-Based Insurance

A.M. Best Company, Inc. — Wed, 21 Jun 2023 06:00:00 +0000

Matt Scott, head of innovation, Hartford Financial, said new usage-based systems will become more prevalent in commercial lines, including workers’ comp. Scott spoke with AM Best TV at RIMS' annual Riskworld conference, held in Atlanta.

Aspen's Savory: Casualty Underwriters Must Consider Legal Jurisdictions

A.M. Best Company, Inc. — Tue, 20 Jun 2023 06:00:00 +0000

Saadia Savory, vice president, excess casualty, Aspen Insurance, said recent punitive court awards show that social inflation remains a priority issue for insurers. Savory spoke with AM Best TV at RIMS' annual Riskworld conference, held in Atlanta.

Travelers Institute's Woodward: Insurers Should Offer Distracted Driving Policies

A.M. Best Company, Inc. — Mon, 19 Jun 2023 06:00:00 +0000

Joan Woodward, president, Travelers Institute, said the organization is working on programs that promote awareness of cyberrisk, worker health and more. Woodward spoke with AM Best TV at RIMS' Riskworld conference, held in Atlanta.

Capitola's Sivan: Insurers Must Improve Broker-Underwriter Communications

A.M. Best Company, Inc. — Fri, 16 Jun 2023 06:00:00 +0000

Sivan Iram, CEO of digital commercial risk marketplace Capitola, said communication between brokers and underwriters is made difficult by disparate systems and a deluge of information.

Nationwide's Iorio: Nuclear Verdicts Promote a Dangerous Settlement Cycle

A.M. Best Company, Inc. — Thu, 15 Jun 2023 06:00:00 +0000

Tom Iorio, executive vice president, Nationwide, said outsized verdicts can drive other insureds to seek earlier settlements, which in turn can encourage additional litigation. Iorio spoke with AM Best TV at RIMS' Riskworld, held in Atlanta.

Marsh's Stransky: Active Directory Hardening Reduces Likelihood of Cyber Hacking

A.M. Best Company, Inc. — Wed, 14 Jun 2023 06:00:00 +0000

Scott Stransky, managing director and head of the Cyber Risk Analytics Center at Marsh McLennan, said organizations without active directory hardening are more than five times more likely to have a cyber issue.

Munich Re’s Parisi: Data-Driven Underwriting Key to Sustainable Cyber Market

A.M. Best Company, Inc. — Tue, 13 Jun 2023 06:00:00 +0000

Bob Parisi, head of Munich Re F&C Cyber Solutions, North America, said artificial intelligence is an immediate threat to cybersecurity, and ransomware appears to be resurging.

Rhoads' Yu: Compliance Operations Can Be a Value Creator

A.M. Best Company, Inc. — Mon, 12 Jun 2023 06:00:00 +0000

Allister Yu, vice president of operations, Rhoads Online Institute, said organizations that focus on learning from their own information can become more efficient and make informed decisions.

Customer Experience Panel: Insurers Must Adapt to Digital Natives

A.M. Best Company, Inc. — Fri, 09 Jun 2023 06:00:00 +0000

Insurers at RIMS' annual Riskworld conference, held in Atlanta, said next-generation customer experience will combine data, technology and expertise to create tailored solutions.

AI Panel: Insurers Must Keep Control of Their Data

A.M. Best Company, Inc. — Thu, 08 Jun 2023 06:00:00 +0000

A panel of artificial intelligence and insurance experts said carriers should begin with a good understanding of their own data in order to leverage AI tools and in turn enhance customer experience and improve processes.

Panel: Future of Insurance Distribution Driven by Data, Access to C-Suite

A.M. Best Company, Inc. — Wed, 07 Jun 2023 06:00:00 +0000

Insurance distribution experts at RIMS' annual Riskworld conference in Atlanta, said organizations have learned that acquiring appropriate risk protection is boardroom responsibility.

Under Pressure

A.M. Best Company, Inc. — Tue, 06 Jun 2023 06:00:00 +0000

Ken Griffin, Managing Director, Head of Insurance Solutions for Barings, said that while asset market values have declined, so has the market value of their liabilities.

Bank Failures Spark Concerns

A.M. Best Company, Inc. — Mon, 05 Jun 2023 06:00:00 +0000

Leah Savageau, senior fixed income research analyst who covers the banking sector for AAM said one of the bigger issues she’s noticed was more intense migration of deposits out of smaller banks versus larger banks.

Emerging Risk Panel: Labor Shortages, Aging Infrastructure Are Key Concerns

A.M. Best Company, Inc. — Fri, 02 Jun 2023 06:00:00 +0000

A panel of risk and insurance experts at the RIMS Riskworld conference in Atlanta said business interruption and secondary perils are also rapidly evolving risks.

Terrorism Panel: Terror, Active Assailant Coverages Continue to Evolve

A.M. Best Company, Inc. — Thu, 01 Jun 2023 06:00:00 +0000

Fergus Critchley, head of crisis management North America at Willis Towers Watson, and Morgan Shrubb, head of North America War, Terrorism and Political Violence, Axa XL, said insurers are adding coverage elements.

CEO Panel: Climate, Net Zero High on List of Clients’ Risk Concerns

A.M. Best Company, Inc. — Wed, 31 May 2023 06:00:00 +0000

Chris Sparro, CEO of North America Insurance, Sompo International Commercial P&C, and Kristof Terryn, CEO, Zurich North America, said inability to attract sufficient talent to replace its aging workforce puts the sector at risk.

Panel on Embedded Insurance: Connections Between Carriers, Distributors Becoming Seamless

A.M. Best Company, Inc. — Tue, 30 May 2023 06:00:00 +0000

Industry experts at Riskworld, the RIMS 2023 annual conference, react to a projection that the market for embedded insurance could reach $2.3 trillion in 2032.

RIMS' Santiago: The C-Suite Should Include Risk Managers

A.M. Best Company, Inc. — Mon, 29 May 2023 06:00:00 +0000

Jennifer Santiago, president, RIMS, said this year's event, held in Atlanta, should draw 9,000 participants. Santiago spoke with AM Best TV at RIMS' annual Riskworld conference, held in Atlanta.

Selective’s Smith: Pets in Vehicles Lead to Distracted Driving

A.M. Best Company, Inc. — Fri, 26 May 2023 06:00:00 +0000

Scott Smith, vice president, director of safety management, Selective Insurance, discusses a survey that found 91% of motorists who drove with their dogs over the past year admitted to interacting with them while driving.

AM Best TV Special Presentation: Critical Issues in Insurance Asset Management

A.M. Best Company, Inc. — Thu, 25 May 2023 06:00:00 +0000

Investment experts examine the asset management trends, opportunities and risks facing today's insurance organizations.

AM Best TV Special Presentation: Reimagining Alternative Investments

A.M. Best Company, Inc. — Wed, 24 May 2023 06:00:00 +0000

Alternative investments offer opportunities for yield, but they also require timing and focus.

AM Best TV Special Presentation: Insurance Asset Management in the Age of Rate Volatility

A.M. Best Company, Inc. — Tue, 23 May 2023 06:00:00 +0000

Few are bidding the low-rate environment a fond farewell, but the next chapter in investing is still taking shape.

AM Best TV Special Presentation: Insurance Asset Class Update

A.M. Best Company, Inc. — Mon, 22 May 2023 06:00:00 +0000

Investment and insurance professionals review investment categories and how insurers' strategies are changing.

Hippo's Pinkovezky: AI Is a Force Multiplier Leveling the Insurance Playing Field

A.M. Best Company, Inc. — Fri, 19 May 2023 06:00:00 +0000

Aviad Pinkovezky, president of First Connect, a Hippo subsidiary, says artificial intelligence tools, melded with comprehensive data, will allow specialized insurance organizations to more quickly negotiate any learning curve.

Verisk's Gesick: Economic Maps, Trade Relationships Help Identify Non-Traditional Risks

A.M. Best Company, Inc. — Thu, 18 May 2023 06:00:00 +0000

Eric Gesick, senior vice president for casualty analytics, Verisk, said companies should examine their business relationships to determine how they might be linked to emerging risks.

Climate Panel: Insurers Should Brace for Eastern US, Coastal Storms

A.M. Best Company, Inc. — Wed, 17 May 2023 06:00:00 +0000

A panel of insurance and atmospheric science experts at the Verisk Insurance Conference said overall tropical storms may decrease, but the Atlantic basin has seen an increase in slower moving storms that produce more rainfall.

Auto Panel: Telematics-based Transactions Up 35% in Past 12 Months

A.M. Best Company, Inc. — Tue, 16 May 2023 06:00:00 +0000

A panel of auto insurance experts at the Verisk Insurance Conference said auto insurers are recovering from a "double whammy" of mis-rated policies and inflation.

Panel: AI Is Helping to Reveal Correlation Between Hazards

A.M. Best Company, Inc. — Mon, 15 May 2023 06:00:00 +0000

Charles Jackson and Antoine Blanchard, both with Verisk Extreme Event Solutions, said individual underwriting models can be combined via artificial intelligence to uncover previously unforeseen exposures.

Panel: Getting Full Return on Technology Requires 'Upskilling' Staffs

A.M. Best Company, Inc. — Fri, 12 May 2023 06:00:00 +0000

Bill Devine, Travelers, and Neil Spector, Verisk, said insurers have made huge investments in software and cloud computing, and now must discover new ways to cooperate as an industry.

Fairness Panel: Insurers' Use of Data Can Have Unintended Consequences

A.M. Best Company, Inc. — Thu, 11 May 2023 06:00:00 +0000

A panel at the Verisk Insurance Conference said the definition of unfair discrimination has evolved over time, and uses of big data and predictive analytics require careful examination to ensure they do not result in unfair discrimination.

Panel: Wildfire Risk Is Here to Stay, but Can be Mitigated

A.M. Best Company, Inc. — Wed, 10 May 2023 06:00:00 +0000

A panel of fire and insurance experts at the Verisk Insurance Conference said some insurers might exclude wildfire risk, but the public and legislators are becoming more aware and are concerned about the risk.

Panel: Updating Building Codes Will Buffer Communities' Storm Risk, Economic Impact

A.M. Best Company, Inc. — Tue, 09 May 2023 06:00:00 +0000

Speaking at the Verisk Insurance Conference, a panel on severe thunderstorm and hail risk said insurers can use data to promote awareness and help communities improve structures and embrace resilient structure standards.

Verisk's Hopkinson & Wright: Inflation Just One Element in Rising Claims Costs

A.M. Best Company, Inc. — Mon, 08 May 2023 06:00:00 +0000

Trish Hopkinson, Verisk Underwriting Solutions and Alex Wright, client and consulting services, Verisk, said claims costs come in higher than expected because of demand surge during peak events and failing to monitor changing replacement costs.

GeoBlue’s Pina: Travel Health Insurance Ripe for Growth With More Americans Headed Overseas

A.M. Best Company, Inc. — Fri, 05 May 2023 06:00:00 +0000

Lynn Pina, chief marketing officer at GeoBlue, discusses the need for travel medical insurance as more Americans are heading abroad since the pandemic has mostly subsided. About 6% of US travelers purchase the coverage.

Liberty Brokers Execs: Workers' Comp Rates Expected to Rise

A.M. Best Company, Inc. — Thu, 04 May 2023 06:00:00 +0000

Bill Johnson, chairman and CEO of Liberty Company Insurance Brokers, and Kirk Aguilera, a managing partner, discuss the state of the workers' compensation insurance market and corporate culture among the businesses that serve that market.

Next-Gen Workforce

A.M. Best Company, Inc. — Wed, 03 May 2023 06:00:00 +0000

Sarina Puccio, Head of Credit and Surety, Munich Re US, said the labor shortage is one of the hottest topics for insurers.

Changing Perceptions to Find Talent

A.M. Best Company, Inc. — Tue, 02 May 2023 06:00:00 +0000

Laura Crossin, senior vice president of human resources at Philadelphia Insurance Cos., said the industry needs to make a commitment to develop young talent.

ESG Reporting Requirements

A.M. Best Company, Inc. — Mon, 01 May 2023 06:00:00 +0000

Keith Riccio, executive vice president, commercial D&O liability for Nationwide Management Liability and Specialty, said that environmental, social and governance reporting requirements are not particularly cumbersome for companies.

CAIA's Corey: Insurers Should Consider Risk Needs of Chinese Americans

A.M. Best Company, Inc. — Fri, 28 Apr 2023 06:00:00 +0000

Pamela Corey, president, Chinese American Insurance Association, said many Chinese Americans have specific risk needs, and are sometimes subject to stereotypical assumptions.

Counterpart's Hackett: ChatGPT, AI Leverage Repetition to Analyze Risk

A.M. Best Company, Inc. — Thu, 27 Apr 2023 06:00:00 +0000

Richmond National's Vanalek: Legal Environment for Insurers, E&S Exposures Changing Rapidly

A.M. Best Company, Inc. — Wed, 26 Apr 2023 06:00:00 +0000

David Vanalek, senior vice president, Richmond National Insurance, said litigation activity is rebounding after the pandemic, and recent Florida legislation may help insurers.

Delos' Stein: Wildfire Creates a New Scenario for Homeowners Coverage

A.M. Best Company, Inc. — Tue, 25 Apr 2023 06:00:00 +0000

Kevin Stein, CEO and co-founder, Delos Insurance, said carriers that write in wildfire-exposed areas can partner with specialists, rather than forego coverage. Stein spoke with AM Best TV at the InsurTech NY Spring Conference in New York City.

Eversheds Sutherland's Pruitt: Insurers and MGAs Should Prepare in Case They Part Ways

A.M. Best Company, Inc. — Mon, 24 Apr 2023 06:00:00 +0000

John Pruitt, partner, Eversheds Sutherland, said some insurtech-insurer relationships are winding down because they didn't deliver on original expectations.

Gallagher's Marcucci: AI, Automation Will Cut Insurance Waste and Insurance Overhead

A.M. Best Company, Inc. — Fri, 21 Apr 2023 06:00:00 +0000

Rhonda Marcucci, vice president of innovation, Gallagher, said the focus on innovation should be a fundamental element throughout an organization.

Guardian Life's Smoot: Delivering Value at Claims Time Goes Beyond a Check

A.M. Best Company, Inc. — Thu, 20 Apr 2023 06:00:00 +0000

Tommy Smoot, vice president of individual markets inforce engagement, Guardian Life, said the insurer is finding ways to offer counseling and support to claimants. Smoot spoke with AM Best TV at the InsurTech NY Spring Conference in New York City.

Insurtech NY Execs: MGA Insurtechs Can Find Funding; but Capacity Is Hard

A.M. Best Company, Inc. — Wed, 19 Apr 2023 06:00:00 +0000

Tony Lew and David Gritz, managing directors and co-founders, InsurTech NY, said startups and carriers are still struggling with how to collaborate. Both spoke with AM Best TV at the InsurTech NY Spring Conference in New York City.

Legal & General America's Blanc: 'Inside Baseball' Startups Are Most Interesting

A.M. Best Company, Inc. — Tue, 18 Apr 2023 06:00:00 +0000

Farron Blanc, vice president of brokerage distribution & strategy, Legal & General America, said insurers are looking to insurtechs that can help with brokers and advisers.

Palomar's Grant: Include the Underrepresented From Product Development on Up

A.M. Best Company, Inc. — Mon, 17 Apr 2023 06:00:00 +0000

Angela Grant, chief legal officer, Palomar, said pursuing diversity and inclusion leads to broader-based products and services. Grant spoke with AM Best TV at the InsurTech NY Spring Conference in New York City.

IMUA's O'Brien: MGAs a Rising Presence in Inland Marine

A.M. Best Company, Inc. — Fri, 14 Apr 2023 06:00:00 +0000

Kevin O'Brien, president and CEO, Inland Marine Underwriters Association, said the growing presence of MGAs helps carriers control their own underwriting expenses.

Clyde & Co.’s Greenwald: More Offshore Wind Power Creates Potential Risks, Losses

A.M. Best Company, Inc. — Thu, 13 Apr 2023 06:00:00 +0000

The rise of activity from the expected construction of 2,100 wind turbines in the United States by 2030 could spur first-party property, liability, hull and marine pollution insurance claims, said Corey Greenwald, partner, Clyde & Co.

AM Best: Insurers Innovate to Varying Degrees

A.M. Best Company, Inc. — Wed, 12 Apr 2023 06:00:00 +0000

The COVID-19 pandemic highlighted both well-planned and disjointed innovation efforts for insurers, said Jason Hopper, associate director, AM Best, referencing a new Best’s Special Report.

Delaware’s Navarro: State Sees Growth in Captives, Progress on Workers’ Comp and Health

A.M. Best Company, Inc. — Tue, 11 Apr 2023 06:00:00 +0000

Delaware Insurance Commissioner Trinidad Navarro sees opportunities in his state with a record number of insurers on the health insurance marketplace, increased pro-consumer legislative efforts and the formation and redomestication of more captives.

Travelers’ Survey: Distracted Driving Getting Worse

A.M. Best Company, Inc. — Mon, 10 Apr 2023 06:00:00 +0000

Chris Hayes, AVP for Risk Control for Travelers discusses the recently released Travelers Risk Index that found the increased use of mobile technology is leading to an increase in distracted driving as some motorists aren’t just texting while driving, but now shopping or tending to their social media while behind the wheel.

AM Best: Hot Cyber Market Is Cooling

A.M. Best Company, Inc. — Fri, 07 Apr 2023 06:00:00 +0000

Solutions to address systemic risks are needed, said AM Best Senior Director, Industry Research & Public Relations Sridhar Manyem, and Senior Industry Analyst Christopher Graham.

Author: Empathy, Community Involvement Keys to Insurance Sales Success

A.M. Best Company, Inc. — Thu, 06 Apr 2023 06:00:00 +0000

It’s important for producers to remember key events in individuals’ lives and become involved in their community in order to form client relationships that can help master the “secret art” of selling insurance, educator and sales producer Ana-Maria Figueredo says in her book.

Delaware Taps Ex-DC Insurance Commissioner as New Captive Director

A.M. Best Company, Inc. — Wed, 05 Apr 2023 06:00:00 +0000

Former D.C. Insurance Commissioner Stephen Taylor, now leader of Delaware’s Captive Bureau, discusses his plans to create a more streamlined, modernized process while exploring opportunities in ESG, cyber and domicile relocation.

Strikes, Riots, Civil Commotion Spur Interest in War, Political Violence Coverage

A.M. Best Company, Inc. — Tue, 04 Apr 2023 06:00:00 +0000

Growing economic pressures and political uncertainties are fueling the rise of global strikes, riots and civil commotion, said Srdjan Todorovic, head of political violence and hostile environment solutions, Allianz Global Corporate & Specialty.

McKinsey’s Varney: Commercial Insurers at Economic Inflection Point

A.M. Best Company, Inc. — Mon, 03 Apr 2023 06:00:00 +0000

As commercial insurers face decelerating rates, inflation and other risks, some must think about how to manage their gross to net exposure, said Shannon Varney, partner, McKinsey’s Boston office.

WTW's Young: Environmental Interest in Hawaii's Coral Reefs Enable Parametric Insurance

A.M. Best Company, Inc. — Fri, 31 Mar 2023 06:00:00 +0000

Payouts fund three main areas of response: damage assessment, removal of debris and reattaching broken coral heads, said Simon Young, senior director, Climate and Resilience Hub, WTW.

Verisk's Perfetto: Insurers Should Think Beyond Traditional Auto Exposures When Underwriting EVs

A.M. Best Company, Inc. — Thu, 30 Mar 2023 06:00:00 +0000

Cyber and homeowners are among the risks beyond traditional auto exposures that insurers should consider when underwriting electric vehicles, said Sandee Perfetto, senior director, personal lines coverage products, Verisk.

Munich Re: Insuring Underwater Reefs Is Proving To Be Effective 'Insurance' for Coastal Communities

A.M. Best Company, Inc. — Wed, 29 Mar 2023 06:00:00 +0000

The frequency and severity of coastal risk is increasing, so insurers should explicitly consider nature-based solutions such as the restoration of natural infrastructure to mitigate risk, said James Doona, managing director, Munich Re Capital Markets, and Raghuveer Vinukollu, senior vice president, Climate Insights and Advisory, Munich Re.

The Nature Conservancy: Parametric Policy Protects Hawaiian Reefs

A.M. Best Company, Inc. — Tue, 28 Mar 2023 06:00:00 +0000

The policy will provide coverage for rapid coral-reef repair and restoration in Hawaii following damage from hurricanes and tropical storms, said The Nature Conservancy's Makale'a Ane, community program manager in Hawaii; Julia Rose, Hawaii Island marine project manager; and Eric Roberts, senior manager, Climate Risk and Resilience Global Adaptations team.

Former Delaware Captive Director Is OK in Oklahoma

A.M. Best Company, Inc. — Mon, 27 Mar 2023 06:00:00 +0000

Steve Kinion, captive director at the Oklahoma Insurance Department, said “I’m taking all that knowledge that I learned in Delaware over the past couple of years and bringing it to Oklahoma.”

PAMIC's Katterman: Pennsylvania's Mutual Insurance Community Has Deep Roots

A.M. Best Company, Inc. — Fri, 24 Mar 2023 06:00:00 +0000

Lisa Katterman, president, PAMIC, said the Philadelphia Contributionship, founded by Benjamin Franklin, is one of the oldest mutual insurers in the United States.

Guy Carpenter's Franco: The Transparency of Parametric Insurance Enhances Trust

A.M. Best Company, Inc. — Thu, 23 Mar 2023 06:00:00 +0000

Guillermo Franco, head of research, Guy Carpenter, said many mutual insurers have a high degree of trust, making them good candidates to offer parametric coverage. Franco spoke with AM Best TV at the Pennsylvania Association of Mutual Insurance Companies' annual conference, held in Hershey, Pennsylvania.

Ultimate Risk Execs: Maintaining Cyber Defenses as Important as Implementing Them

A.M. Best Company, Inc. — Wed, 22 Mar 2023 06:00:00 +0000

Robert Pignataro and Frank Fazio, both of Ultimate Risk Services, said smaller businesses may enact cyber defenses but many have difficulty maintaining them.

LexisNexis: Fourth-Quarter Auto Insurance Shopping Up Over Prior Year

A.M. Best Company, Inc. — Tue, 21 Mar 2023 06:00:00 +0000

Adam Pichon, vice president and general manager of auto insurance for LexisNexis Risk Solutions, discusses the latest company report that examines shopping and buying trends that detail how both shopping and buying increased in the fourth quarter of 2022.

CSAA Commits $25 Million to California Wildfire Innovation Fund

A.M. Best Company, Inc. — Mon, 20 Mar 2023 06:00:00 +0000

Jeff Huebner, chief risk officer for CSAA Insurance Group, discusses the company’s backing of a fund that supports the remediation of excess wood from California forests in an effort to mitigate the spread of wildfire.

The Institutes' Miller: The Best Risks Are the Ones Insurers Help Customers Avoid

A.M. Best Company, Inc. — Fri, 17 Mar 2023 06:00:00 +0000

Risk management and insurance are changing and so too must today's risk professionals, said Peter Miller, president and CEO, The Institutes. Going forward, more emphasis will be placed on pre-loss: risk mitigation and risk control.

Rhoads’ Yu: Compliance Should Be Top of Mind for Insurers in 2023

A.M. Best Company, Inc. — Thu, 16 Mar 2023 06:00:00 +0000

Allister Yu, senior vice president of operations at Rhoads, a provider of insurance technology solutions, explains that as insurance markets rapidly change, companies must make sure their distribution partners are properly credentialed.

AM Best: US Life/Annuity Insurers Are Well Positioned for 2023

A.M. Best Company, Inc. — Wed, 15 Mar 2023 06:00:00 +0000

Despite new challenges on the horizon, U.S. life/annuity insurers navigated the pandemic and emerged with solid balance sheets, capitalization and liquidity, said Edward Kohlberg, director, AM Best, referencing a new Best's Market Segment Report.

AM Best: Economy, Infrastructure Buildout Likely to Steer Surety Market

A.M. Best Company, Inc. — Tue, 14 Mar 2023 06:00:00 +0000

Despite numerous economic challenges, surety bond underwriters have maintained profitability by keeping losses relatively low, said AM Best Associate Director David Blades and Senior Financial Analyst Robert Valenta.

Allianz Risk Consulting's Miner: Evolving Risk Mitigation Strategies Implemented for Awards Shows

A.M. Best Company, Inc. — Mon, 13 Mar 2023 06:00:00 +0000

Live audiences, effects and high-profile individuals are among insurers’ safety and order concerns for awards shows such as the Academy Awards, said Kurt Miner, managing director of Allianz Risk Consulting’s Entertainment Division.

AM Best: Title Insurers Post Solid Results Amid Volatile Landscape

A.M. Best Company, Inc. — Fri, 10 Mar 2023 07:00:00 +0000

U.S. title insurers' net underwriting income again grew 40% in 2021, but the segment faces several headwinds, said Kourtnie Beckwith, senior financial analyst, AM Best, referencing a new Best's Market Segment Report.

APCIA's Passmore: Heavier Electric Vehicles Will Create Larger Losses

A.M. Best Company, Inc. — Thu, 09 Mar 2023 07:00:00 +0000

EVs can be heavier than combustion engine cars due to the weight of the batteries, said Robert Passmore, department vice president of personal lines, American Property Casualty Insurance Association. Electric vehicles also tend to accelerate faster.

Broadridge’s Swain: Insurance Consumers Seek Improved Customer Experiences, Communication

A.M. Best Company, Inc. — Wed, 08 Mar 2023 07:00:00 +0000

A recent Broadridge survey found only 11% of consumers believe the insurance industry provides a quality customer experience and 26% are confused by insurers’ communications, said Matt Swain, head of communications insights and experience at Broadridge.

Post-Pandemic Return of Restaurant Industry Brings Growing Interest in Insurance

A.M. Best Company, Inc. — Tue, 07 Mar 2023 07:00:00 +0000

Eric Coleman, senior vice president, commercial lines, Nationwide, said the restaurant industry has recovered from the pandemic, and most owners are increasing focus on insurance while face growing pressures such as rising costs and changing building valuations.

Priority Life's Aiola: Life Insurance Sales Down; Health Sales Soaring

A.M. Best Company, Inc. — Mon, 06 Mar 2023 07:00:00 +0000

Nicholas Aiola, chief executive, Priority Life, a health and life insurer, says that now that the pandemic is waning, so too are life insurance sales. Health policies, meanwhile, are on the upswing.

Celent Report: Insurtech Funding Drops 31%

A.M. Best Company, Inc. — Fri, 03 Mar 2023 07:00:00 +0000

Andrew Schwartz, an analyst with Celent, discusses the decline in insurtech funding and the associated factors, including lackluster return on investment from past spending.

E&S Market Leader

A.M. Best Company, Inc. — Thu, 02 Mar 2023 07:00:00 +0000

Ashley Moffatt, SVP Brokerage, Primary Casualty for Nationwide E&S, said their ultimate goal is to be a top 10 carrier with their key distribution partners.

E&S Is a Relationship Business

A.M. Best Company, Inc. — Wed, 01 Mar 2023 07:00:00 +0000

Kristin Stein, vice president, PHLY E&S Insurance Solutions, said the company focus this year is on the value of human connection and relationship building.

Educational Foundation's Nomvete: Scholarships Help Fuel Talent Pipeline

A.M. Best Company, Inc. — Tue, 28 Feb 2023 07:00:00 +0000

Tandeka Nomvete, director of external engagement, Spencer Educational Foundation, said the organization helps connect financial supporters with targeted scholarship opportunities.

Erie's Townes: The Best Outreach Tools to Recruit Veterans Are Other Veterans

A.M. Best Company, Inc. — Mon, 27 Feb 2023 07:00:00 +0000

Marion Townes, senior district sales manager, Erie Insurance Group, said military veterans bring discipline and adaptability to their work. Townes spoke with AM Best TV at the Emerging Leaders Conference in Charleston, South Carolina.

Everest Re's Andrade: New, Faster Times Call for Empathetic Leadership

A.M. Best Company, Inc. — Fri, 24 Feb 2023 07:00:00 +0000

Juan Andrade, president and CEO, Everest Re Group, said the rate of change continues to increase, putting greater emphasis on the use of data, analytics and effective leadership.

Insurity's Marr: The Talent Battle Is More Than Recruiting, it's Also Reskilling

A.M. Best Company, Inc. — Thu, 23 Feb 2023 07:00:00 +0000

Kirstin Marr, chief analytics officer, Insurity, said studies show that many workers must upgrade skills or retrain to fill available jobs. Marr spoke with AM Best TV at the Emerging Leaders Conference in Charleston, South Carolina.

Search Executive: Remote Employees Entering In-Person Work Can Lack Interpersonal Skills

A.M. Best Company, Inc. — Wed, 22 Feb 2023 07:00:00 +0000

Insurers can help transition pandemic remote hires with "soft skills" into collaborative team members by employing effective strategies, said Judy Busby, senior vice president of executive search and corporate strategy, The Jacobson Group.

Inclusion Learning Lab's Spence: Insurers Should Focus on Talent Resiliency

A.M. Best Company, Inc. — Tue, 21 Feb 2023 07:00:00 +0000

Margaret Spence, founder, Inclusion Learning Lab, said insurers should be open to recruiting candidates with diverse backgrounds, attention to detail and abilities to succeed with customers.

Skyward's Robinson: Professional Development Is an Organizational Commitment

A.M. Best Company, Inc. — Mon, 20 Feb 2023 07:00:00 +0000

Andrew Robinson, CEO, Skyward Specialty Insurance Group, said the organization has instituted professional development plans for all employees. Robinson spoke with AM Best TV at the Emerging Leaders Conference in Charleston, South Carolina.

Forester’s Berman: Intersection of Technology and Living Benefits Provides Added Value

A.M. Best Company, Inc. — Fri, 17 Feb 2023 07:00:00 +0000

Connected health devices are driving healthy behaviors, and technology is the ‘”glue of the intersection” where those behaviors can be communicated back to life insurers, said Matt Berman, president, Foresters Financial US.

Aon Edge’s Dickson: Floods in California Highlight the Unpredictability, Insurance Need

A.M. Best Company, Inc. — Thu, 16 Feb 2023 07:00:00 +0000

Aon Edge President and CEO John Dickson said the rise of unprecedented flooding events throughout the year is reinforcing the need for flood insurance, preparation, continued investment and the ability to quickly deploy resources.

Exdion’s Session: Technology Could Could Mitigate Impacts of Inflation on Brokers

A.M. Best Company, Inc. — Wed, 15 Feb 2023 07:00:00 +0000

Gary Session, Exdion Solutions Senior Vice President, Client Success Management said that while the brokerage community is not typically at the cutting edge of technology, tools such as AI could help stem the impacts of inflation

Cargo Theft Continues to Rage

A.M. Best Company, Inc. — Tue, 14 Feb 2023 07:00:00 +0000

Scott Cornell, Travelers’ transportation lead and crime & theft specialist, discusses what cargo thieves are targeting and how the insurance industry should be working with clients to mitigate heists.

Gallagher’s Kroll: Examine Value, Provenance When Evaluating Education Institutions’ Art Risk Exposures

A.M. Best Company, Inc. — Mon, 13 Feb 2023 07:00:00 +0000

College and university experts must examine whether art collections are large enough to warrant a separate fine arts policy, and how issues of rightful ownership come into play, said Stacie Kroll, managing director, higher education practice, Arthur J. Gallagher & Co.

TransUnion's McElroy: 34% of Consumers Don't Have Life Insurance

A.M. Best Company, Inc. — Fri, 10 Feb 2023 07:00:00 +0000

Mark McElroy, executive vice president and head of insurance at TransUnion, discusses a new survey on life insurance that illustrates the low rate of penetration and what agents and brokers can do to turn the tide through more digital offerings.

Near Space Labs CEO: Stratospheric Imaging Robots Help Assess Property, Respond to Disasters

A.M. Best Company, Inc. — Thu, 09 Feb 2023 07:00:00 +0000

In a single flight, stratospheric imaging robots can capture what nearly 800,000 drones can capture, thereby shrinking the timeline of mapping a large portfolio from years to one flight, said Rema Matevosyan, CEO, cofounder, Near Space Labs.

AM Best: Trade Credit Insurers Are 'in a Good Place'

A.M. Best Company, Inc. — Wed, 08 Feb 2023 07:00:00 +0000

Despite the Russia/Ukraine crisis, trade credit insurers are expected to report strong results for 2022, said Mathilde Jakobsen, director, analytics, AM Best, referencing a new Best's Market Segment Report.

Cognizant's Weber: Metaverse Can Help Improve Customer, Employee Experience

A.M. Best Company, Inc. — Tue, 07 Feb 2023 07:00:00 +0000

Craig Weber, insurance practice leader at Cognizant, explains Metaverse and why companies should invest in its applications to help improve customer and employee experience, sustainability and operational efficiency,

Protecting Against Cyber Breaches

A.M. Best Company, Inc. — Mon, 06 Feb 2023 07:00:00 +0000

Tim Nunziata VP head of Cyber Risk, Nationwide Management Liability and specialty said that when it comes to a cyber breach, there are a number of tools an insured can use to fight back.

Conning Survey: Risk Management, Sustainability Continue to Grow

A.M. Best Company, Inc. — Fri, 03 Feb 2023 07:00:00 +0000

Matt Reilly, managing director, head of Insurance Solutions, and Scott Hawkins, managing director, head of insurance research, both from Conning, discuss the findings of a recently released survey illustrating the current environment.

FM Global’s Hodge: Inflation Still Key Factor for Every Insurer

A.M. Best Company, Inc. — Thu, 02 Feb 2023 07:00:00 +0000

Inflation is putting pressure on the insurance industry to maintain stability, while also holding a line on premiums, said Randy Hodge, executive vice president, staff insurance operations, FM Global.

Charles Taylor's Sophy: Claims Inflation Expected to Continue in 2023

A.M. Best Company, Inc. — Wed, 01 Feb 2023 07:00:00 +0000

"You're just going to see a lot of similarities with increased inflation and increased costs for every aspect of a claim," said Cullen Sophy, US CEO, Charles Taylor Adjusting.

Swiss Re’s Majewski: Health & Wellness Programs Benefit Life Insurers

A.M. Best Company, Inc. — Tue, 31 Jan 2023 07:00:00 +0000

Heather Majewski, head of life health solutions at Swiss Re, explains why life insurers should engage with policyholders participating in health & wellness programs and the benefits for both.

AM Best: Historic California Flooding Highlights Need for Robust Private Flood Market

A.M. Best Company, Inc. — Mon, 30 Jan 2023 07:00:00 +0000

Risk and opportunity are plenty in the California private flood insurance segment, said Christopher Graham, senior industry analyst, AM Best, referencing a new Best's Commentary.

Author: Cyber Insurance Fails To Curb Cybersecurity Losses

A.M. Best Company, Inc. — Fri, 27 Jan 2023 07:00:00 +0000

Josephine Wolff, associate professor, cybersecurity policy, Fletcher School of Law and Diplomacy, Tufts University, discusses how insurers and others can make cyberinsurance a more effective cyberrisk management tool.

Conning’s Sega: New Congress Likely to Have Little Impact on Insurers

A.M. Best Company, Inc. — Thu, 26 Jan 2023 07:00:00 +0000

Rich Sega, global chief investment strategist at Conning, discusses the impact of the midterm election on the insurance industry and the year ahead.

AM Best: Insurers' Structured Securities Continue to Rise

A.M. Best Company, Inc. — Wed, 25 Jan 2023 07:00:00 +0000

Collateralized loan obligations are somewhat protected in a rising interest rate environment, said AM Best Associate Director Jason Hopper and Industry Analyst Helen Andersen, referencing new research from AM Best.

Archipelago’s Shah: Rate, Capacity to Create Another Challenging Year for Property Insurance

A.M. Best Company, Inc. — Tue, 24 Jan 2023 07:00:00 +0000

Hemant Shah, CEO, of AI-driven risk platform Archipelago, said he expects an increased focus on risk management, resiliency, retention, and strategy to increase the ability to access and use capacity and scale in 2023.

Colorado State's Klotzbach: New Technology Boosts Hurricane Modeling

A.M. Best Company, Inc. — Mon, 23 Jan 2023 07:00:00 +0000

Phil Klotzbach, research scientist, Colorado State University, said storm modeling continues to improve, boosted by ever-more-powerful technology. Klotzbach spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.

Greenberg Traurig's Karlinsky: To Fix Florida's Insurance Market, Address Fraud, Fees

A.M. Best Company, Inc. — Fri, 20 Jan 2023 07:00:00 +0000

Fred Karlinsky, shareholder, Greenberg Traurig, said insurance fraud is evident statewide, particularly in the southern portion. Karlinsky spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.

Griffith Foundation's Tomasello: Educating Policymakers Is a Never-Ending Responsibility

A.M. Best Company, Inc. — Thu, 19 Jan 2023 07:00:00 +0000

Frank Paul Tomasello, executive director, The Institutes Griffith Insurance Education Foundation, said turnover in public leadership positions means fresh audiences for fundamental insurance concepts. Tomasello spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.

Information Institute’s Porfilio: Plaintiffs Should Disclose Third-Party Funders

A.M. Best Company, Inc. — Wed, 18 Jan 2023 07:00:00 +0000

Dale Porfilio, chief insurance officer, Insurance Information Institute, said investment-driven litigation funding is lengthening lawsuits and clogging court systems. Porfilio spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.

IICF's Ross: Sustainability Efforts Improve by Sharing Ideas

A.M. Best Company, Inc. — Tue, 17 Jan 2023 07:00:00 +0000

Bill Ross, chief executive officer, Insurance Industry Charitable Foundation, said the collective this year launched a Sustainability Committee to help leaders in related jobs learn from one another. Ross spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.

Capgemini's Rachlin: Claims Departments Have Never Been Under More Pressure

A.M. Best Company, Inc. — Mon, 16 Jan 2023 07:00:00 +0000

Seth Rachlin, executive vice president, Capgemini, said the number and severity of disasters in recent years have put the focus on insurers' speed and effectiveness in settling claims. Rachlin spoke with AM Best TV at the Joint Industry Forum 2022 in New York City.

Goose's Kaywan: App Uses Technology to Help Remove Barriers in Purchasing Insurance

A.M. Best Company, Inc. — Fri, 13 Jan 2023 07:00:00 +0000

Omar Kaywan, head of growth and co-founder of Goose Insurance, said his company is removing barriers to insurance so that more people can merely “swipe right” on their phones and access more coverage.

IOA’s Bridges: Rates, Cyberrisk, Weather Challenge Agribusinesses

A.M. Best Company, Inc. — Thu, 12 Jan 2023 07:00:00 +0000

Along with evolving risks such as changing weather patterns and labor shortages, the agribusiness sector is now faced with fewer markets, less capacity and rising rates, said Louis Bridges, senior risk consultant, Insurance Office of America's agribusiness division.

Ensuro’s Mirabella: Need for Crypto DeFi Insurance Growing

A.M. Best Company, Inc. — Wed, 11 Jan 2023 07:00:00 +0000

Marco Mirabella, founder and CEO of Ensuro, a decentralized licensed insurer on a public blockchain, explains the need for decentralized finance insurance in what could be a burgeoning market.

AM Best: Bail Bond Premiums Grow Amid Friction Between Reform Advocates, Opponents

A.M. Best Company, Inc. — Tue, 10 Jan 2023 07:00:00 +0000

Bail bond premiums were up 11.1% from five years ago, despite recent reforms in many states, said AM Best Associate Director David Blades and Associate Analyst Michael Vallario referencing new research from AM Best.

AM Best: Hints of Trouble Resurface for Commercial Auto After Bright 2021

A.M. Best Company, Inc. — Mon, 09 Jan 2023 07:00:00 +0000

New research from AM Best reveals that the U.S. commercial auto segment still faces challenges even after posting the best results in over a decade, said AM Best Senior Industry Analyst Christopher Graham.

AM Best: NFIP Adrift But Private Flood Insurance Gains Traction

A.M. Best Company, Inc. — Fri, 06 Jan 2023 07:00:00 +0000

New research from AM Best shows private carriers increased their total flood insurance by more than 40% in 2021, said AM Best Senior Industry Analyst Christopher Graham and Associate Director David Blades.

AM Best: Inflationary Pressures, Elevated Loss Severity Weaken Nonstandard Auto Performance

A.M. Best Company, Inc. — Thu, 05 Jan 2023 07:00:00 +0000

The net underwriting loss reported for first-half 2022 was the worst in five years, said AM Best Associate Director David Blades and Associate Analyst Michael Vallario.

AM Best: Florida Seeks to Repair Its Property Insurance Market

A.M. Best Company, Inc. — Wed, 04 Jan 2023 07:00:00 +0000

The state is dependent on Florida-focused specialist insurers, which are disproportionately dependent on reinsurance, said AM Best Senior Industry Analyst Christopher Graham and Senior Director, Industry Research & Public Relations Sridhar Manyem.

AM Best: Numerous Pressures Create Tough Terrain for Personal Auto Insurers

A.M. Best Company, Inc. — Tue, 03 Jan 2023 07:00:00 +0000

U.S. auto insurers' profit margins are being squeezed by inflationary pressure, supply chain challenges and costly repairs of technologically advanced autos, said AM Best Associate Director David Blades.

LexisNexis Risk Solutions’ Cesario: One-Quarter of All Claims Are a Total Loss

A.M. Best Company, Inc. — Mon, 02 Jan 2023 07:00:00 +0000

Frank Cesario, director, claims, insurance, LexisNexis Risk Solutions, said the rising number of total losses requires a greater focus on compressing the timeframe to make customers “whole faster and ensure we’re paying the right amount for the taxes and fees.”

Aon Affinity's Kelley: Successful Programs Are Multiskill Enterprises

A.M. Best Company, Inc. — Fri, 30 Dec 2022 07:00:00 +0000

Kip Kelley, CEO US, Aon Affinity, said successful programs are built on innovation, distribution, underwriting and administration. Kelley spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale, Arizona.

Everspan's LeBlanc: We Link Specialist Knowledge With Reinsurance Support

A.M. Best Company, Inc. — Thu, 29 Dec 2022 07:00:00 +0000

Claude LeBlanc, CEO, Ambac and Everspan Group, said the organization typically retains about 20% of the risk it writes. LeBlanc spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale, Arizona.

Allianz's McColgan: Tech-Enabled MGAs Show Strength in Underwriting, Reporting

A.M. Best Company, Inc. — Wed, 28 Dec 2022 07:00:00 +0000

Ann McColgan, midcorp programs governance lead, Allianz Global Corp. and Specialty, said managing general agents that lack strong tech capabilities are being acquired by organizations that have those resources. McColgan spoke with AM Best TV at Target Markets' 20th Annual Summit in Scottsdale, Arizona.

Axis' Halfpenny: The Post-Covid Economy Bodes Well for Accident & Health Coverage

A.M. Best Company, Inc. — Tue, 27 Dec 2022 07:00:00 +0000

David Halfpenny, senior vice president, Axis Capital, said the rebound for the travel, leisure and sports sectors is fueling coverage growth. Halfpenny spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale, Arizona.

Doxa's Sackett: Starting an MGA Takes Planning, Capital, Partnerships

A.M. Best Company, Inc. — Mon, 26 Dec 2022 07:00:00 +0000

Matt Sackett, CEO, Doxa Insurance Holdings, said the managing general agency sector is seeing strong growth, which is adding to the attractiveness and value of individual organizations. Sackett spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale, Arizona.

Crum & Forster's Kaplan: Program Managers Can Place Difficult Risks With Captives

A.M. Best Company, Inc. — Fri, 23 Dec 2022 07:00:00 +0000

David Kaplan, vice president, captives and gig economy, Crum & Forster, said programs can find risk financing via alternative markets and captives.

Zurich's Olson: MGAs Should Distinguish Themselves to Carriers

A.M. Best Company, Inc. — Thu, 22 Dec 2022 07:00:00 +0000

Denise Olson, head of programs, Zurich North America, said MGAs can demonstrate their quality through assessments and meeting best practices designations. Olson spoke with AM Best TV at Target Markets' 22nd Annual Summit, held in Scottsdale, Arizona.

Great American's Guidry: Specialization Fosters Commitment, Helps Retain Talent

A.M. Best Company, Inc. — Wed, 21 Dec 2022 07:00:00 +0000

Jennifer Guidry, divisional vice president, business development and marketing, Great American Insurance Group, said organizations that specialize perform and attract talent better than generalists. Guidry spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale, Arizona.

Arden's Cohen: Program Insurance Remains a Niche Business

A.M. Best Company, Inc. — Tue, 20 Dec 2022 07:00:00 +0000

Brian Cohen, CEO, Arden Insurance Services, said commodity lines such as home and auto coverage are particularly challenging areas in which to develop specialized coverage.

Euclid's Colis: Consolidation, Premium Caps, New Capital Reshaping MGA Sector

A.M. Best Company, Inc. — Mon, 19 Dec 2022 07:00:00 +0000

John Colis, president and CEO of delegated underwriting authority enterprise Euclid Program Managers, said many smaller managing general agents have disappeared as firms have turned to acquiring MGAs rather than retail brokers.

Argo's Ohodnicki: Supporting Talent Means Reaching Beyond Your Own Organization

A.M. Best Company, Inc. — Fri, 16 Dec 2022 07:00:00 +0000

Leah Ohodnicki, senior vice president, head of specialty programs, Argo Group, said the organization is working across its network to support newer insurance professionals. Ohodnicki spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale, Arizona.

Aspen's Price: MGA's Scalability, Plus Capital, Drives Growth

A.M. Best Company, Inc. — Thu, 15 Dec 2022 07:00:00 +0000

Matt Price, senior vice president, Aspen Insurance, said the appeal of the managing general agent sector is the ability to build through specialization. Price spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale, Arizona.

Howden and DUAL Execs: Next Phase Is Aligning Capital With MGA Sector

A.M. Best Company, Inc. — Wed, 14 Dec 2022 07:00:00 +0000

David Howden, founder and chief executive, Howden Group Holdings, and Kieran Sweeney, executive chairman, DUAL North America, said managing general agents have become a significant entry point for insurance talent and technology. Both spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale Arizona.

Xceedance's Kulkarni: Technology Is Only One Part of Digital Transformation

A.M. Best Company, Inc. — Tue, 13 Dec 2022 07:00:00 +0000

Sachin Kulkarni, senior vice president, Xceedance, said attempts to transform organizations often falter because they don't adequately consider the human element. Kulkarni spoke with AM Best TV at Target Markets' 20th Annual Summit, held in Scottsdale, Arizona.

Nationwide's Patel: Underwriting Serves as Great Launchpad for Insurance Leadership

A.M. Best Company, Inc. — Mon, 12 Dec 2022 07:00:00 +0000

Piyush Patel, vice president, property, Nationwide E&S Specialty, said working as an underwriter exposes professionals to a host of financial and reinsurance considerations. Patel spoke with AM Best TV at Target Markets' 22nd Annual Summit, held in Scottsdale, Arizona.

Allianz’s Soja: Favorable Results Should Continue in Marine, Inland Marine

A.M. Best Company, Inc. — Fri, 09 Dec 2022 07:00:00 +0000

Rich Soja, global head of inland marine and North American head of marine at Allianz Global Corporate and Specialty, said the marine lines should see continuous growth in the year ahead despite inflation and increasing reinsurance rates.

The Need for Speed

A.M. Best Company, Inc. — Thu, 08 Dec 2022 07:00:00 +0000

Stephen O'Connor, general manager of CloudCore Business and executive vice president at EIS, says insurers want to pick up the pace of change.

One Inc.'s Ian Drysdale: Insurers Moving Toward Digital Claims Payments

A.M. Best Company, Inc. — Wed, 07 Dec 2022 14:35:00 +0000

Ian Drysdale, CEO, One Inc., discusses the rapid transformation of insurers embracing digital claims payments to help enhance customer experience.

AM Best Audio - Tuesday, December 6, 2022

A.M. Best Company, Inc. — Tue, 06 Dec 2022 12:00:00 +0000

Digital Revolution

AM Best Audio - Monday, December 5, 2022

A.M. Best Company, Inc. — Mon, 05 Dec 2022 12:00:00 +0000

Underwriting Agribusiness

AM Best Audio - Friday, December 2, 2022

A.M. Best Company, Inc. — Fri, 02 Dec 2022 12:00:00 +0000

Beazley's Turk and Mounier: Success in Asia-Pacific Puts Relationships Ahead of Deals

AM Best Audio - Thursday, December 1, 2022

A.M. Best Company, Inc. — Thu, 01 Dec 2022 12:00:00 +0000

Munich Re's Farny: China's Reinsurance Market Shifting From Capital Management to Risk Transfer

AM Best Audio - Wednesday, November 30, 2022

A.M. Best Company, Inc. — Wed, 30 Nov 2022 12:00:00 +0000

Himalayan Re's Ramamurthy: Nepal Is a Deep Source of Coverage Opportunities

AM Best Audio - Tuesday, November 29, 2022

A.M. Best Company, Inc. — Tue, 29 Nov 2022 12:00:00 +0000

Howden Re's Warwick: Inflation Puts a Sharper Focus on Underwriting

AM Best Audio - Monday, November 28, 2022

A.M. Best Company, Inc. — Mon, 28 Nov 2022 12:00:00 +0000

AM Best: Insurance Growth in Some Asia Markets Could Outperform the Economy

AM Best Audio - Friday, November 25, 2022

A.M. Best Company, Inc. — Fri, 25 Nov 2022 12:00:00 +0000

Swiss Re Institute's Zhu: Asia Growth Is Outpacing Many Advanced Economies

AM Best Audio - Thursday, November 24, 2022

A.M. Best Company, Inc. — Thu, 24 Nov 2022 12:00:00 +0000

Nexus Underwriting's Egerton: Asia Markets Opening Up to Specialty Writers, MGAs

AM Best Audio - Wednesday, November 23, 2022

A.M. Best Company, Inc. — Wed, 23 Nov 2022 12:00:00 +0000

TMK's Spyropoulos: Rising Middle Classes, Regulatory Standards Support Insurance Growth in Asia

AM Best Audio - Tuesday, November 22, 2022

A.M. Best Company, Inc. — Tue, 22 Nov 2022 12:00:00 +0000

Malaysian Re's Ishak: Flood Is Also a Major Business Interruption Loss

AM Best Audio - Monday, November 21, 2022

A.M. Best Company, Inc. — Mon, 21 Nov 2022 12:00:00 +0000

Lloyd's Haddrill: Asia Markets Challenged by Inflation, Geopolitical Issues, Cyber

AM Best Audio - Friday, November 18, 2022

A.M. Best Company, Inc. — Fri, 18 Nov 2022 12:00:00 +0000

Hiscox Re’s Reardon: In a Hardening Market, Experience Matters

AM Best Audio - Thursday, November 17, 2022

A.M. Best Company, Inc. — Thu, 17 Nov 2022 12:00:00 +0000

Guy Carpenter’s Enoizi: Partnership Is a Two-Way Street

AM Best Audio - Wednesday, November 16, 2022

A.M. Best Company, Inc. — Wed, 16 Nov 2022 12:00:00 +0000

Beat Capital Chair: Modeling Skills Help MGAs Build Partnerships With Capital Providers

AM Best Audio - Tuesday, November 15, 2022

A.M. Best Company, Inc. — Tue, 15 Nov 2022 12:00:00 +0000

Africa Re CEO: Opportunities for Growth in Africa’s Reinsurance Market

AM Best Audio - Monday, November 14, 2022

A.M. Best Company, Inc. — Mon, 14 Nov 2022 12:00:00 +0000

AM Best’s Wong-Fupuy: Business Shifting to Casualty Specialty From Cat Risk

AM Best Audio - Friday, November 11, 2022

A.M. Best Company, Inc. — Fri, 11 Nov 2022 12:00:00 +0000

Howden’s Flandro: Reinsurance Industry Finds Itself in a Consequential Market

AM Best Audio - Thursday, November 10, 2022

A.M. Best Company, Inc. — Thu, 10 Nov 2022 12:00:00 +0000

Convex Execs: Evolving Risks Spur New Conversations

AM Best Audio - Wednesday, November 9, 2022

A.M. Best Company, Inc. — Wed, 09 Nov 2022 12:00:00 +0000

GIC’s Srivastava: India’s Reinsurance Market Set for Robust Growth

AM Best Audio - Tuesday, November 8, 2022

A.M. Best Company, Inc. — Tue, 08 Nov 2022 12:00:00 +0000

Perils CEO: Coverage Expands to Include European Flood Exposure

AM Best Audio - Monday, November 7, 2022

A.M. Best Company, Inc. — Mon, 07 Nov 2022 12:00:00 +0000

Peak Re’s Hahn: Economic Conditions Create Challenges, Opportunities and Spur Model Changes

AM Best Audio - Friday, November 4, 2022

A.M. Best Company, Inc. — Fri, 04 Nov 2022 12:00:00 +0000

Lloyd’s Tiernan: Rising Global Uncertainty Calls for Industry to Step Up

AM Best Audio - Thursday, November 3, 2022

A.M. Best Company, Inc. — Thu, 03 Nov 2022 12:00:00 +0000

AM Best’s Mosher: DUAEs Present Growth Opportunity for Insurers

AM Best Audio - Wednesday, November 2, 2022

A.M. Best Company, Inc. — Wed, 02 Nov 2022 12:00:00 +0000

SiriusPoint CEO: As Interest Rates Change, Investor Appetite May Shift

AM Best Audio - Tuesday, November 1, 2022

A.M. Best Company, Inc. — Tue, 01 Nov 2022 12:00:00 +0000

Fidelis’ Mathias: More Product Clarity Needed in Sales Efforts

AM Best Audio - Monday, October 31, 2022

A.M. Best Company, Inc. — Mon, 31 Oct 2022 12:00:00 +0000

Axis Capital CEO: More Discipline, Increased Prices Needed

AM Best Audio - Friday, October 28, 2022

A.M. Best Company, Inc. — Fri, 28 Oct 2022 12:00:00 +0000

Travelers’ Francis: Cyberthreats Are Top Concern for Decision Makers

AM Best Audio - Thursday, October 27, 2022

A.M. Best Company, Inc. — Thu, 27 Oct 2022 12:00:00 +0000

Challenges Persist in Obtaining Cannabis Coverage

AM Best Audio - Wednesday, October 26, 2022

A.M. Best Company, Inc. — Wed, 26 Oct 2022 12:00:00 +0000

AM Best Special Presentation: With Specialization Comes Responsibility

AM Best Audio - Tuesday, October 25, 2022

A.M. Best Company, Inc. — Tue, 25 Oct 2022 12:00:00 +0000

AM Best Special Presentation: Prospecting for the Next Great Risk Opportunity

AM Best Audio - Monday, October 24, 2022

A.M. Best Company, Inc. — Mon, 24 Oct 2022 12:00:00 +0000

AM Best Special Presentation: From Generalist to Specialist

AM Best Audio - Friday, October 21, 2022

A.M. Best Company, Inc. — Fri, 21 Oct 2022 12:00:00 +0000

Embroker's Jennings: Cannabis Dispensaries Face Challenges Obtaining Insurance

AM Best Audio - Thursday, October 20, 2022

A.M. Best Company, Inc. — Thu, 20 Oct 2022 12:00:00 +0000

Nationwide's Fenton: Small Businesses Unrepared for Cyberattack

AM Best Audio - Wednesday, October 19, 2022

A.M. Best Company, Inc. — Wed, 19 Oct 2022 12:00:00 +0000

Allianz’s Standring: Business Preparations to Mitigate Natural Catastrophes

AM Best Audio - Tuesday, October 18, 2022

A.M. Best Company, Inc. — Tue, 18 Oct 2022 12:00:00 +0000

TransUnion's McElroy: False Positives Can Reduce Customer Satisfaction

AM Best Audio - Monday, October 17, 2022

A.M. Best Company, Inc. — Mon, 17 Oct 2022 12:00:00 +0000

ReSource Pro’s Dean: Big Opportunity for MGAs Is Understanding Underwriters’ Future Role

AM Best Audio - Friday, October 14, 2022

A.M. Best Company, Inc. — Fri, 14 Oct 2022 12:00:00 +0000

Ironshore’s Johnson: M&A, Pandemic, Social Inflation Contributing to E&S Growth

AM Best Audio - Thursday, October 13, 2022

A.M. Best Company, Inc. — Thu, 13 Oct 2022 12:00:00 +0000

Burns & Wilcox’s Kaufman: More University Insurance Programs Needed to Address Talent Crisis

AM Best Audio - Wednesday, October 12, 2022

A.M. Best Company, Inc. — Wed, 12 Oct 2022 12:00:00 +0000

Orchid’s Bowie: Profitability Within Reach of Florida Homeowners Insurers

AM Best Audio - Tuesday, October 11, 2022

A.M. Best Company, Inc. — Tue, 11 Oct 2022 12:00:00 +0000

Noldor CEO: MGAs Must Pick Their Partners Well

AM Best Audio - Monday, October 10, 2022

A.M. Best Company, Inc. — Mon, 10 Oct 2022 12:00:00 +0000

USQRisk’s Giuffre: Insurance Markets Converging With Capital Markets

AM Best Audio - Friday, October 7, 2022

A.M. Best Company, Inc. — Fri, 07 Oct 2022 12:00:00 +0000

Falling Car Sales Drive Down Auto Insurance Shopping

AM Best Audio - Thursday, October 6, 2022

A.M. Best Company, Inc. — Thu, 06 Oct 2022 12:00:00 +0000

CSAA’s Brackeen: Insurtech Offers Gateway to Innovation

AM Best Audio - Wednesday, October 5, 2022

A.M. Best Company, Inc. — Wed, 05 Oct 2022 12:00:00 +0000

Insurers Turn to Data, Analytics to Mitigate Cargo Ship Fires

AM Best Audio - Tuesday, October 4, 2022

A.M. Best Company, Inc. — Tue, 04 Oct 2022 12:00:00 +0000

The Experience Matters

AM Best Audio - Monday, October 3, 2022

A.M. Best Company, Inc. — Mon, 03 Oct 2022 12:00:00 +0000

How TeamPHLY Wins With Customers

AM Best Audio - Friday, September 30, 2022

A.M. Best Company, Inc. — Fri, 30 Sep 2022 12:00:00 +0000

American Modern CEO: Each Challenge Can Be Viewed as a P/C Opportunity

AM Best Audio - Thursday, September 29, 2022

A.M. Best Company, Inc. — Thu, 29 Sep 2022 12:00:00 +0000

Lloyd’s Watkins: E&S Plays Vital Role in Combating Risks

AM Best Audio - Wednesday, September 28, 2022

A.M. Best Company, Inc. — Wed, 28 Sep 2022 12:00:00 +0000

WSIA Emerging Risk Panel: Inflation, Secondary Perils, Social Inflation Among Emerging Risks

AM Best Audio - Tuesday, September 27, 2022

A.M. Best Company, Inc. — Tue, 27 Sep 2022 12:00:00 +0000

WSIA Flood Panel: Climate Change, Delayed Infrastructure Create New Flood Risks

AM Best Audio - Monday, September 26, 2022

A.M. Best Company, Inc. — Mon, 26 Sep 2022 12:00:00 +0000

Future of E&S Panel: Growth Will Continue, but Less Than in Prior Years

AM Best Audio - Friday, September 23, 2022

A.M. Best Company, Inc. — Fri, 23 Sep 2022 12:00:00 +0000

Westfield's Herron: Developing Underwriters Takes Mentoring, Attention

AM Best Audio - Thursday, September 22, 2022

A.M. Best Company, Inc. — Thu, 22 Sep 2022 12:00:00 +0000

Safari's Fenton: We're Building a Trade School for the Insurance Industry

AM Best Audio - Wednesday, September 21, 2022

A.M. Best Company, Inc. — Wed, 21 Sep 2022 12:00:00 +0000

National Alliance's Codispoti: Insurance Talent Pipeline Must Start at High School

AM Best Audio - Tuesday, September 20, 2022

A.M. Best Company, Inc. — Tue, 20 Sep 2022 12:00:00 +0000

Country Financial's Steele: Managing Remotely Brings Its Own Challenges

AM Best Audio - Monday, September 19, 2022

A.M. Best Company, Inc. — Mon, 19 Sep 2022 12:00:00 +0000

Westfield’s Hahn: Dynamically Changing Insurance Industry Puts Company Cultures at Risk

AM Best Audio - Friday, September 16, 2022

A.M. Best Company, Inc. — Fri, 16 Sep 2022 12:00:00 +0000

Connecticut's Liu: State Captive Changes Support Flexibility, Governance

AM Best Audio - Thursday, September 15, 2022

A.M. Best Company, Inc. — Thu, 15 Sep 2022 12:00:00 +0000

Vermont's Nevins: Captive Insurance Is a Viable Career Choice

AM Best Audio - Wednesday, September 14, 2022

A.M. Best Company, Inc. — Wed, 14 Sep 2022 12:00:00 +0000

Aon's Gray: Conditions Point to More Strong Growth for Insurance Captives

AM Best Audio - Tuesday, September 13, 2022

A.M. Best Company, Inc. — Tue, 13 Sep 2022 12:00:00 +0000

Tennessee’s Clements: The Volunteer State Built Its Own Captive Solution

AM Best Audio - Monday, September 12, 2022

A.M. Best Company, Inc. — Mon, 12 Sep 2022 12:00:00 +0000

Westfield’s Hahn: Dynamically Changing Insurance Industry Puts Company Cultures at Risk

AM Best Audio - Friday, September 9, 2022

A.M. Best Company, Inc. — Fri, 09 Sep 2022 12:00:00 +0000

Westfield's Herron: Developing Underwriters Takes Mentoring, Attention

AM Best Audio - Thursday, September 8, 2022

A.M. Best Company, Inc. — Thu, 08 Sep 2022 12:00:00 +0000

F and G: Americans Fret Over Inflation, Recession, and Health Care Costs in Retirement

AM Best Audio - Wednesday, September 7, 2022

A.M. Best Company, Inc. — Wed, 07 Sep 2022 12:00:00 +0000

Dynamic Excess and Surplus Market Sabrina Hart, Munich Re Specialty Insurance President, Excess and Surplus, said the Excess and Surplus market has historically been among the most dynamic.

AM Best Audio - Tuesday, September 6, 2022

A.M. Best Company, Inc. — Tue, 06 Sep 2022 12:00:00 +0000

Providing Excess and Surplus Solutions

AM Best Audio - Monday, September 5, 2022

A.M. Best Company, Inc. — Mon, 05 Sep 2022 12:00:00 +0000

A Climate of Change

AM Best Audio - Friday, September 2, 2022

A.M. Best Company, Inc. — Fri, 02 Sep 2022 12:00:00 +0000

Ryskex Inc.’s Schmalbach: Covering Tomorrow's Risks Should Involve Parametric, Blockchain

AM Best Audio - Thursday, September 1, 2022

A.M. Best Company, Inc. — Thu, 01 Sep 2022 12:00:00 +0000

Cowbell’s Cooksley: Insurtechs Find Opportunity in Captive Insurance

AM Best Audio - Wednesday, August 31, 2022

A.M. Best Company, Inc. — Wed, 31 Aug 2022 12:00:00 +0000

A.I. Insurance's MacArthur: Artificial Intelligence Is Fueled by Rich, Well-Organized Data

AM Best Audio - Tuesday, August 30, 2022

A.M. Best Company, Inc. — Tue, 30 Aug 2022 12:00:00 +0000

Vermont's Brown: Captive Changes Include Flexibility for Cells, Parametric Cover

AM Best Audio - Monday, August 29, 2022

A.M. Best Company, Inc. — Mon, 29 Aug 2022 12:00:00 +0000

North Carolina's Gorman: State Captive Legislation Focuses on Audits, Redomestication

AM Best Audio - Friday, August 26, 2022

A.M. Best Company, Inc. — Fri, 26 Aug 2022 12:00:00 +0000

Gallagher Re's Johnston: Insurtechs That Aid Insurers' Efficiency Show Most Promise

AM Best Audio - Thursday, August 25, 2022

A.M. Best Company, Inc. — Thu, 25 Aug 2022 12:00:00 +0000

Vermont's Bigglestone: Pandemic Spurs New Uses for Corporate Captives

AM Best Audio - Wednesday, August 24, 2022

A.M. Best Company, Inc. — Wed, 24 Aug 2022 12:00:00 +0000

Axa XL's Bauman: Climate Risks Are Good Candidates for Parametric Coverage

AM Best Audio - Tuesday, August 23, 2022

A.M. Best Company, Inc. — Tue, 23 Aug 2022 12:00:00 +0000

AES Corp.’s Baillie: Move to Renewable Energy Brings New Exposures

AM Best Audio - Monday, August 22, 2022

A.M. Best Company, Inc. — Mon, 22 Aug 2022 12:00:00 +0000

AM Best's Teclaw: Profitability of Rated Captives Outpaces Commercial Insurance Sector

AM Best Audio - Friday, August 19, 2022

A.M. Best Company, Inc. — Fri, 19 Aug 2022 12:00:00 +0000

AM Best's Andre: Well-Run Captives Are Responsive and Effective

AM Best Audio - Thursday, August 18, 2022

A.M. Best Company, Inc. — Thu, 18 Aug 2022 12:00:00 +0000

Panel: Insurance Captives Can Help Their Organizations Meet ESG Expectations

AM Best Audio - Wednesday, August 17, 2022

A.M. Best Company, Inc. — Wed, 17 Aug 2022 12:00:00 +0000

Panel: Captive Insurers Cautiously Venture Into Cyber Coverage

AM Best Audio - Tuesday, August 16, 2022

A.M. Best Company, Inc. — Tue, 16 Aug 2022 12:00:00 +0000

Vermont's Provost: Economic Impact of Captives Launched a Domicile Movement

AM Best Audio - Monday, August 15, 2022

A.M. Best Company, Inc. — Mon, 15 Aug 2022 12:00:00 +0000

VCIA's Mead: Demand for Captive Insurance Talent Strains Supply

AM Best Audio - Friday, August 12, 2022

A.M. Best Company, Inc. — Fri, 12 Aug 2022 12:00:00 +0000

Insurance AUM's Foley: Outsourced Investments Climb to $3.4 Trillion

AM Best Audio - Thursday, August 11, 2022

A.M. Best Company, Inc. — Thu, 11 Aug 2022 12:00:00 +0000

IBHS’ Hedayati: 'Wildfire Season' Is No Longer Seasonal

AM Best Audio - Wednesday, August 10, 2022

A.M. Best Company, Inc. — Wed, 10 Aug 2022 12:00:00 +0000

AM Best: Hard Market to Be ‘Front and Center’ at Vermont Conference

AM Best Audio - Tuesday, August 9, 2022

A.M. Best Company, Inc. — Tue, 09 Aug 2022 12:00:00 +0000

AM Best: Hard Market to Be ‘Front and Center’ at Vermont Conference

AM Best Audio - Monday, August 8, 2022

A.M. Best Company, Inc. — Mon, 08 Aug 2022 12:00:00 +0000

Next Gen Insurance Leaders to Meet in Denver

AM Best Audio - Friday, August 5, 2022

A.M. Best Company, Inc. — Fri, 05 Aug 2022 12:00:00 +0000

Conning's Pitt: MGA Market Sees Double-Digit Growth in 2021

AM Best Audio - Thursday, August 4, 2022

A.M. Best Company, Inc. — Thu, 04 Aug 2022 12:00:00 +0000

LexisNexis’ Rush: Data Key to Understanding Risks, Coverage Needs

AM Best Audio - Wednesday, August 3, 2022

A.M. Best Company, Inc. — Wed, 03 Aug 2022 12:00:00 +0000

FM Global’s Tofte: Denmark, Switzerland, Luxembourg Among the Most Resilient

AM Best Audio - Tuesday, August 2, 2022

A.M. Best Company, Inc. — Tue, 02 Aug 2022 12:00:00 +0000

PwC’s Friedman: Private Equity-Backed Buyers Will Increase Insurance Dealmaking

AM Best Audio - Monday, August 1, 2022

A.M. Best Company, Inc. — Mon, 01 Aug 2022 12:00:00 +0000

Follow the Latest Insurance Trends With Best's Audio

AM Best Audio - Friday, July 29, 2022

A.M. Best Company, Inc. — Fri, 29 Jul 2022 12:00:00 +0000

III's Kevelighan: Insurers Already Out of the Gate in Climate-Risk Race

AM Best Audio - Thursday, July 28, 2022

A.M. Best Company, Inc. — Thu, 28 Jul 2022 12:00:00 +0000

PRMA Director: Weather, Sharing Economy Pose Growing Risks for Homeowners

AM Best Audio - Wednesday, July 27, 2022

A.M. Best Company, Inc. — Wed, 27 Jul 2022 12:00:00 +0000

Allianz Risk Consulting's Miner: Video Monitoring Mitigates Concert Risk

AM Best Audio - Tuesday, July 26, 2022

A.M. Best Company, Inc. — Tue, 26 Jul 2022 12:00:00 +0000

Zelros’ Philippon: AI, Machine Learning Help Bridge Uninsured Gap

AM Best Audio - Monday, July 25, 2022

A.M. Best Company, Inc. — Mon, 25 Jul 2022 12:00:00 +0000

Swiss Re’s Bodenschatz: Cypto Liability, Quantum Computing Among Emerging Risks

AM Best Audio - Friday, July 22, 2022

A.M. Best Company, Inc. — Fri, 22 Jul 2022 12:00:00 +0000

Karen Clark & Co.: Models Must Catch Up to Science

AM Best Audio - Thursday, July 21, 2022

A.M. Best Company, Inc. — Thu, 21 Jul 2022 12:00:00 +0000

Sylvia Group’s Beauregard: Insurers Increasingly Involved in Loss Control for Schools

AM Best Audio - Wednesday, July 20, 2022

A.M. Best Company, Inc. — Wed, 20 Jul 2022 12:00:00 +0000

ProAg CEO: A Shift of ‘Tornado Alley’ Would Change Farmers’ Risk Profile

AM Best Audio - Tuesday, July 19, 2022

A.M. Best Company, Inc. — Tue, 19 Jul 2022 12:00:00 +0000

Limra: Account-Takeover Fraud Rises in Life Insurance, Annuity, Retirement Plans

AM Best Audio - Monday, July 18, 2022

A.M. Best Company, Inc. — Mon, 18 Jul 2022 12:00:00 +0000

AM Best: Pandemic Drives Down US Health Earnings

AM Best Audio - Friday, July 15, 2022

A.M. Best Company, Inc. — Fri, 15 Jul 2022 12:00:00 +0000

Nationwide's Stueber: Insurers Must Adapt to the Workplace of the Future

AM Best Audio - Thursday, July 14, 2022

A.M. Best Company, Inc. — Thu, 14 Jul 2022 12:00:00 +0000

AM Best: Mortality Risk Will Continue to Be Fueled by Pandemic

AM Best Audio - Wednesday, July 13, 2022

A.M. Best Company, Inc. — Wed, 13 Jul 2022 12:00:00 +0000

Allianz: Businesses Must Prepare for Rising Social Unrest

AM Best Audio - Tuesday, July 12, 2022

A.M. Best Company, Inc. — Tue, 12 Jul 2022 12:00:00 +0000

AM Best: US Life Earnings Declined in 2021 Despite Elusive New Premium Growth

AM Best Audio - Monday, July 11, 2022

A.M. Best Company, Inc. — Mon, 11 Jul 2022 12:00:00 +0000

Limra’s Tumicki: Some Patients Lacking Insurance Turn to Savings When Unable to Work

AM Best Audio - Friday, July 8, 2022

A.M. Best Company, Inc. — Fri, 08 Jul 2022 12:00:00 +0000

Transunion's Jackson: Millennials Are Becoming 'Very Active' in Homeowners Market

AM Best Audio - Thursday, July 7, 2022

A.M. Best Company, Inc. — Thu, 07 Jul 2022 12:00:00 +0000

The Bonds That Tie

AM Best Audio - Wednesday, July 6, 2022

A.M. Best Company, Inc. — Wed, 06 Jul 2022 12:00:00 +0000

Opportunity in Excess & Surplus

AM Best Audio - Tuesday, July 5, 2022

A.M. Best Company, Inc. — Tue, 05 Jul 2022 12:00:00 +0000

Climate of Change

AM Best Audio - Monday, July 4, 2022

A.M. Best Company, Inc. — Mon, 04 Jul 2022 12:00:00 +0000

Get With The Program

AM Best Audio - Friday, July 1, 2022

A.M. Best Company, Inc. — Fri, 01 Jul 2022 12:00:00 +0000

Risk Consultant Varney: Hurricane Preparation Should Include More Than the 'Building Envelope'

AM Best Audio - Thursday, June 30, 2022

A.M. Best Company, Inc. — Thu, 30 Jun 2022 12:00:00 +0000

Travelers’ Ives: New Hires at Greater Risk of Workplace Injury

AM Best Audio - Wednesday, June 29, 2022

A.M. Best Company, Inc. — Wed, 29 Jun 2022 12:00:00 +0000

New App Helps Insurance Agents Work While on the Move

AM Best Audio - Tuesday, June 28, 2022

A.M. Best Company, Inc. — Tue, 28 Jun 2022 12:00:00 +0000

Transunion's Jackson: Inflation Pushing Insurance Consumers Towards Telematics

AM Best Audio - Monday, June 27, 2022

A.M. Best Company, Inc. — Mon, 27 Jun 2022 12:00:00 +0000

Poulton Associates CEO: More Innovation Needed to Create Insurance Mechanisms for the Public Good

AM Best Audio - Friday, June 24, 2022

A.M. Best Company, Inc. — Fri, 24 Jun 2022 12:00:00 +0000

Munich Re US' Bove: Another Active Season for North Atlantic Hurricanes Is Here

AM Best Audio - Thursday, June 23, 2022

A.M. Best Company, Inc. — Thu, 23 Jun 2022 12:00:00 +0000

CSAA's Huebner: Insurance Industry Cautiously Optimistic Heading into Wildfire Season

AM Best Audio - Wednesday, June 22, 2022

A.M. Best Company, Inc. — Wed, 22 Jun 2022 12:00:00 +0000

AM Best: Embedded Insurance Gaining Traction

AM Best Audio - Tuesday, June 21, 2022

A.M. Best Company, Inc. — Tue, 21 Jun 2022 12:00:00 +0000

AM Best: Hedge Fund Investments by Insurers Seeing Modest Growth

AM Best Audio - Monday, June 20, 2022

A.M. Best Company, Inc. — Mon, 20 Jun 2022 12:00:00 +0000

AM Best: Strong Performance, New Investments Drive Private-Equity Growth

AM Best Audio - Friday, June 17, 2022

A.M. Best Company, Inc. — Fri, 17 Jun 2022 12:00:00 +0000

Poulton Associates CEO: More Innovation Needed to Create Insurance Mechanisms for the Public Good