Future of Insurance

The Buckeye State’s Insurance Talent Recruitment Approach

The synchronicity and success of the State of Ohio’s efforts to recruit and educate new risk management and insurance talent is worth emulating.

From Pilot Programs to Full Implementation, Risk Control Requires a Strategic Approach

Where Specialty Underwriting Is Booming: New Opportunities in Health Care, Energy and Cyber Risk

9 Questions for Bob Quane, Beazley’s Chief Underwriting Officer

Navy Veteran and Markel Executive Wendy Houser Shares Her Thoughts on Teamwork and Diversity in Insurance

Recently in Future of Insurance

Mentorship, Knowledge Transfer and Diversity of Thought: We Give You the 2022 Rising Stars

These under-40 Power Broker honorees understand the value and role knowledge plays in their brokering careers. 

The Great Balancing Act of 2022: How Can We Use Data to Maintain Business Optimism in the Face of Resilience Fatigue?

From the Russia-Ukraine crisis to supply chain issues, how a business responds and perseveres through risk matters.

How Pandemic Recovery Pivots May Benefit Restaurants, Retail and Hospitality

This session at the CLM Workers Compensation and Retail, Restaurant & Hospitality Conference looks to help businesses pinpoint which aspects of their operations could be improved during pandemic recovery. 

Former U.S. Senator John Sununu Shares His Views on the Crisis in Ukraine and Other Global Risks

Former U.S. Senator and current Lloyd’s Council Member John Sununu shares his perspective on the myriad of global risks facing the industry.

Insuring an AI-Equipped World: Allianz’s Tresa Stephens Outlines Potential Underwriting Challenges at RIMS 2022

This session at RIMS 2022 in San Francisco dove into the risks of using artificial intelligence. Though they are tangible, they don’t rise to the level portrayed in some feature films.

How Can We Uncover Bias and Discrimination in Insurance Underwriting, Rating and Claims Practices?

How much of a role is bias and discrimination playing into insurance rate pricing? More, than you think, according to this 2022 RIMS session.

Insuring the Technology Leap: Can Risk Transfer Keep Up?

Is adequate risk transfer in the face of rapid technological change even possible?

Two Birds, One Stone: How DEI Efforts Bolster Insurance Industry Diversity While Addressing the Growing Talent Gap

Instilling a successful culture of inclusive hiring from day one requires a review of one’s DE&I practices.

Opinion | It’s Time for an Industry Marketing Reset. Let’s Show the World What Insurance Can Really Do

The emus and geckos aren’t showing the world the true impact of insurance. Maybe it’s time for a marketing reset.

Linking Safety and Insurtech: How Employers Can Use Digital Tools to Protect Workers

The report found that workers across several industries want better safety training while utilizing digital tools.

Insurers Are No Longer on the Sidelines with Blockchain. Here Are Its Benefits and Potential Risks

Blockchain technology has made its way into the insurance space. From its capabilities to the potential risks, here’s everything to know. 

International Regulatory Update: The UK’s House of Lords Weighs Insurance Regulation Tweaks

The impact of Brexit and whether insurance regulation in the United Kingdom is overseeing the sector appropriately are among the factors under review by a committee in the House of Lords.

‘Open Insurance’ in Financial Ecosystems Is Growing. What Else Is on the Horizon in 2022?

Topics highlighted in the outlook included climate change, enabling strong cultural values, and attracting young talent.

The Great Resignation Is Not All Bad. Here’s Why It Could Be the Catalyst for Innovation

Change is constant. Insurance must meet these changing times to attract, train and retain talent.

Is Ransomware Protection Even Plausible? Here’s What the Experts Say

The average ransomware payment has climbed 62% since 2020 and insurance appetite for the risk is waning. What is a risk manager to do?

NFTs Are Disrupting Fine Arts: Here’s What Risk Professionals Should Know

The nascent technology is transforming how people buy and trade digital art. But does this fad have staying power in the industry or is it just too risky?

Introducing the 2022 Power Broker Winners and Finalists

When a broker exudes creativity and industry knowledge, and has customer service in their blood, we call them Power Brokers.

Ever Heard of BrokerTech Ventures? It’s Here to Retool Insurance

What value can be added to the industry when brokers and technology collide? BrokerTech Ventures is at that crossroads, funneling innovation into insurance.

Beazley’s Chris Illman Tells Us Why Environmental Legal Issues Should Be Top of Mind Heading into 2022

Where will environmental risks take us in 2022? The repercussions will breed both legal consequences and a lot of social change.

LexisNexis Risk Solutions Fraud Report Sounds the Cyber Crime Warning Bell for Small Businesses. Here’s What Else It Had to Say

For carriers looking to improve their identity verification ability, one-time passwords and password-free authentication are additional layers that can be added to the multi-factor authentication solutions that they’re likely already using.