The next two years may be rocky as high inflation lifts claims costs and threatens reserves, but there is promise for the U.S. P&C insurance industry to improve profitability, say Swiss Re’s chief economists for the Americas in their latest report.
Insurance and risk experts gathered for three days of claims and litigation management education and networking in Tampa, Florida, at the end of March.
EPIC’s Thompson Mackey weighs in on the ways Chat GPT, language models and the remote-work revolution will introduce new cyber vulnerabilities. In his view, we’ll need proactive risk management and cyber insurance to control for these cultural shifts.
Graham Johnson, placement specialist at Marsh, leaves no stone unturned in the public entity insurance space in his efforts to uncover new and innovative ways to help his clients, especially when it comes to budget guidance and execution during the renewal process.
Milliman’s Mike Paczolt discusses an AI-based claims solution that uses group health benchmarking data to help workers’ comp payers and TPAs reduce costs and get injured workers the targeted care they need — faster.
Artificial intelligence used in employment practices promises faster, more efficient days, but there is an element of discrimination bias that must be addressed before this tech is fully adopted.
Mental health in higher education can lead to liability risk for institutions if it remains unaddressed. But there is buy-in to do more for students from all stakeholders, including insurance.
Experts in the medical and pharmaceutical management spaces have studied the issue of health care apps as the number of them have grown, and learned that the more specific an app is, the better.
Nick Terlecki was initially drawn to the public sector by the unique risk profiles. What’s kept him cemented in the sector are the many opportunities he’s given to be of service.
With capacity constraints and other pressures creating a tough market, Aon’s Christy Corbett shares her thoughts on overcoming challenges in the hospitality sector.
When the need for mental health support and resources on college campuses increased, broker Terry Lyons worked to ensure that his clients could serve their students.
Nearly every organization today has been touched by some type of cybersecurity or privacy incident. While their experiences may be different, Margaux Weinraub sees opportunities for business partners to learn from each other and focus on resilience.
Contractors and government inspectors are to blame for the shoddy construction that led to so many building collapses, but insurers can help forestall future disasters.
Ben Evans, associate vice president of risk management and insurance for the University of Pennsylvania, and 2022 Risk All Star, shares his perspectives on the risk management space.
While automation can streamline many aspects of pension and retirement plan management and requires less manual input from the fiduciary, the digitization of these processes opens up new risks.