Critical Information for P/C Carrier Executives
Carrier Management Critical Information for P/C Carrier Executives
 
 
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Today's Headlines February 11, 2021

Actuary to Actuary: Understanding Racism in the Workplace

Events in 2020 that included protests in response to the brutal killings of several unarmed Black people—George Floyd, Breonna Taylor and Ahmaud Arbery to name a few—reignited passionate conversations around systemic racism in North America and across the world. We have had to revisit questions like: Does racism really still exist? To what extent? How... read more
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Empathy: What Pie Insurance Co-Founder Craig Cares About

Dax Craig, co-founder and President of Pie Insurance, said there are three ways to build a successful company rooted in empathy. read more
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 Brand Spotlight 
The Insurance Industry Shift Hits Hyper-Acceleration for Digital Business Models

On March 12, 1928, William Mulholland, Harvey Van Norman and Tony Harnischfeger hiked down the dry-side of the newly-filled St. Francis Dam in California, inspecting worrisome leaks. Mullholland was the mastermind behind Los Angeles' new aqueduct — a 233-mile series of man-made rivers and reservoirs that...read more
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AI, Privacy, Racial Bias Among State Insurance Regulator Priorities for 2021

The country’s insurance regulators are vowing to prioritize the monitoring of the use of consumer and non-consumer data by companies, the use of artificial intelligence, and the availability and affordability of insurance products for racial minorities. read more
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Travel Business Dip, Catastrophes Leave Arch Capital With Insurance Underwriting Loss

Arch Capital Group reported a huge jump in fourth quarter net income, thanks in part to rate hikes and new business. But the Bermuda-based carrier’s insurance business experienced an underwriting loss, thanks, in part to a dip in the travel business and heavy natural catastrophe events. read more
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No Post-Brexit Big Capital Reduction Requirements for UK Insurers: Bank of England

The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding that more capital could be "part of the answer" to meeting a 1.7 billion pound bill for COVID-19 claims. read more
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AI Startup With Insurer/Reinsurer Partners Seeks Canadian IPO

Farmers Edge Inc., a firm that uses artificial intelligence to help growers boost crop yields, is seeking to raise about C$100 million ($79 million) in an initial public offering to strengthen its finances and repay debt. read more
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The Latest Launches From QBE North America and Zego

QBE North America has new custom property coverage targeted to mid-sized companies. Mobility insurance provider Zego is partnering with a company to help expand its fleet offering of e-mopeds, e-scooters and e-bikes across Ireland. read more
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Facebook Confronted With New UK Class Action Over Data Harvesting Scandal

Facebook is facing a second London High Court class action over allegations it failed to protect the personal details of about one million people in England and Wales, in the latest lawsuit to spring from a scandal over data harvesting. read more
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Research and Webinars

7 Ways Insurers Should Use Technology to Augment Their Teams

For the Insurance industry, digital transformation has shifted from the 3 - 5 ...
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Function vs. Speed: How Insurance Startups Can Have Both in a Digital Platform

"An insurance startup's approach to implementation could determine how well ...
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How Carriers are Managing Licensing & Compliance: New Models for New Times

"Managing agent licensing is a business-critical function for insurers and ...
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5 Key Enhancements to the Claimant Experience

"Delivering payments immediately – to claimants and third-party providers – ...
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Best Strategies to Enable Data Science Investments in Underwriting

Now more than ever, insurance carriers are interested in using data science to ...
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