Critical Information for P/C Carrier Executives
Carrier Management Critical Information for P/C Carrier Executives
 
 
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Today's Headlines March 23, 2021

Intelligent Automation in Loss Reserving: Why Actuaries Need Help From Robot Analysts

Among the many things that have changed how the actuarial field functions is an underlying movement to automate. By integrating cognitive computing capabilities into their actuarial processes, reserving teams have a new and powerful tool to better equip them to eschew repetitive tasks, like data cleaning, validating and loading, and analysis preparation. Instead, they can... read more
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Partner vs. Vendor: A Distinction That Matters When Working With Startups

It's hard to ignore the energy and attention that InsurTech startups have brought to our industry over the last several years. And with that energy, more insurance carriers and MGAs looking for a competitive edge and new revenue streams are turning to InsurTech startups for ideas and innovation. What's often overlooked, however, is an understanding... read more
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 Brand Spotlight 
Three attributes of commercial properties that underwriters shouldn't take for granted

When assessing a commercial property's construction, key attributes underwriters focus on include construction class, building area (square footage), and year built. But obtaining accurate information on each attribute can be a major challenge. Imprecise data can hurt both insurers and policyholders. While direct written premiums...read more
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Walsh's Goal at Google: To Make Cloud Operations 'De Facto Standard' for Insurance Industry

Nigel Walsh, the new Managing Director, U.S. Insurance for Google Cloud, has an ambitious goal for his new job. "My mission, together with the rest of the team, is clear," Walsh said. "We want to establish Google Cloud as the number one destination and de facto standard for insurers, carriers, ISVs and InsurTechs when it comes to the business of insurance." read more
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Counterpart Pulls in $10 Million to Expand Management Liability Insurance Platform

Counterpart raised $10 million in financing designed to help fuel growth of its management liability insurance platform. read more
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SPONSORED BY: Majesco

5 Trends Impacting Traditional Auto Insurance

Nearly every time you turn on a light switch today, you are witnessing the power of trends upon shifting markets. Though lighting isn't going away, the types of bulbs we use and their supply chain has been in flux for the past two decades.... read more
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Farmers Rolls Out Direct-to-Consumer Policies in Two Additional States

Farmers Insurance is debuting direct-to-consumer policies in Massachusetts and Louisiana. Customers in both states can now digitally access quotes and purchase customizable auto, home, condo, and renters products, through Farmers.com and the Farmers Mobile App. Both states are added to states where Farmers already sells direct-to-consumer policies including Florida, Connecticut, Georgia, Maryland, New Jersey, New... read more
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India Further Opens Its Insurance Sector to Foreigners

India on Monday further opened up its insurance sector to foreigners, as the nation seeks to spur investments to give a fillip to an economy battered by the pandemic. read more
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SCOTUS Spurns Facebook's Appeal in User Tracking Lawsuit

The U.S. Supreme Court on Monday turned away Facebook Inc's bid to pare back a $15 billion class action lawsuit accusing the company of illegally tracking the activities of internet users even when they are logged out of the social media platform. read more
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Australia Set to Rescue Thousands From Sydney's Worst Floods in 60 Years

Australia was set on Monday to evacuate thousands more people from suburbs in Sydney's west, battered by the worst flooding in 60 years, with torrential rains expected to continue for another day or two. read more
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Research and Webinars

Research Report: Keeping Up with Millennial Policyholders

Is your insurance organization prepared to meet the heighted expectations of ...
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The Carrier Guide to Transforming Your Back Office

Many of us made big changes to the way we work this year. Whether your team is ...
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Payment Choice: The Emerging Trend to Support Needs of Policyholder

Digital innovation is reshaping payments in the insurance industry. ...
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Focusing Directly on The Customer; A Small Commercial Lines Shift

" When it comes to insurance, small business owners want straightforward ...
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How Insurers Can Eliminate Their Digital Payment Costs

Consumers don't take into account the fees that insurance companies have to pay ...
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Media

IJA Aftershow Special: An Author Conversation with Larry Goanos

InsurTech Newsletter


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