At the recent CFC Summit in Toronto, Risk & Insurance sat down with George Beattie, head of innovation at CFC, to discuss the London-based insurer’s latest offerings.
The pair discuss how increased adoption of AI can lead to increased cyber risk, the rise of legal system abuse and other pressing exposures for the industry.
In this Q&A, Joseph Berardo Jr. from Carisk Partners explores the potential of AI in health care, the advancements in surgical technology, and the emerging goals in the workers’ compensation industry.
QBE North America’s head of major risks, aviation, talks the appeal of flying, the career lessons he’s learned and how they’ve shaped his time in insurance.
“Cyber is a huge topic in our industry and the world these days. Even Warren Buffett recently mentioned it as one of his ongoing fears in managing his businesses, especially his insurance business.”
“Companies must ensure they provide reasonable accommodation if using AI in recruiting. They should avoid screening out potentially good candidates based on the questions asked. It’s crucial to examine who defines what a good applicant is and ensure that definition is unbiased.”
The challenging build-out of renewable energy infrastructure is at an inflection point as a surge of new ideas and investment promises to keep the sector’s momentum going.
“Weather-related risks on the property side are a significant concern for risk managers and various industries. Leading experts, such as Colorado State University, forecast a very active hurricane season of at least 23 named storms and five major hurricanes, which is well above average.”
Ascot’s Jeff Canfield shares his take on the potential of AI in underwriting, Ascot’s strategy for deal selection, and the company’s unique approach to underwriting specialty risks.
Navigating the complexities of PFAS contamination and its impact on drinking water, Jon Peeples of Philadelphia Insurance Companies discusses the challenges faced by water treatment plants, potential litigation and the insurance industry’s response.
Katie McGrath discusses ongoing and emerging trends in the insurance industry, the potential of an AI insurance market and the challenges of modeling the costs of cyberattacks.
Joann Balous of Travelers discusses the evolving role of CFOs in the insurance industry, their increasing involvement in risk management decisions, and the impact of macroeconomic factors on their strategies.
“We work closely with our clients to assess their risks and implement loss prevention measures, such as improving building resilience and developing comprehensive business continuity plans. By taking a proactive approach to risk management, we aim to minimize the impact of natural catastrophes on our clients’ operations and bottom line.”
Here’s our conversation with 2023 Private Client Power Broker Mike Summers, who was recently hired as strategic account executive with HUBPrivate Client group.
Extreme weather has had a significant impact on claims and the insurance industry in recent years. Robbie Arnold explains what insurers — and policyholders — can do to handle it.
Whether he’s implementing new types of benefits to encourage employee recruitment and retention or watching trends in employee benefits, this Risk Cooperative broker is helping clients navigate a highly complex space.