Insurance & Risk

Image

Relevance Requires a Focus on Sustainability

By

Jeff Fromm

With two-thirds of consumers reporting they base buying decisions on brand values, an increased focus on sustainability presents a huge opportunity for insurers.
Image

Insurers' Path to Net Zero

By

Heike Klappach

Adhiraj Maitra

Heloise Rossouw

Tony Rooke

Here is what insurers should be aiming to achieve ahead of the UN climate summit in November to support both their own and broader net zero emissions pledges.
Image

Weather Science Supercharges Solutions

By

Alan Demers

Stephen Applebaum

Technology and weather science have evolved to help warn of approaching events, giving advanced notice to people to alter course and relocate to safety.
Image

Distribution Management: A Path to Maturity

By

Denise Garth

Can insurers envision the opportunities clearly enough that they are motivated to switch gears and change something right now, and tomorrow, and the next day?

Agent & Broker

Distribution Management: A Path to Maturity

Can insurers envision the opportunities clearly enough that they are motivated to switch gears and change something right now, and tomorrow, and the next day?

Low angle view of an office building against a clear sky

5 Flaws of a Commoditized Sales Approach

Kevin Trokey

I am convinced that "we're free" are the two most damaging words in a broker's vocabulary, yet we see and hear them all the time.

Tornado on a body of water in the distance

Getting Clients Ready for Tornado Season

Darren Wood

The 2022 tornado season is upon us, and it’s expected to be even busier than last year. So, policyholders need help.

Auto Insurance

View All >

How to Reduce Distracted Driving

Adam Pichon

Few drivers are aware that texting while traveling at 55mph is the equivalent of driving the length of a football field with your eyes closed.

Is Insurtech a Superpower?

Matteo Carbone

Only if it's used right. Root is having problems, but Discovery Insure shows how telematics can make a profound difference.

3 Ways to Cut Time, Frustration, Cost in Accident Claims

Mubbin Rabbani

Embracing a digital approach reduces roadblocks to deliver exponential benefits for policyholders and your claims organization.

Claims

View All >

ITL FOCUS MAY: Claims

Insurance Thought Leadership

ITL FOCUS is a monthly initiative featuring topics related to innovation in risk management and insurance.

This month, we're focusing on Claims.

An Interview John Sviokla

Insurance Thought Leadership

As part of this month's ITL Focus on Claims, we spoke with John Sviokla,

It’s Time to Reimagine Digital Payments

Karen Furtado

The acceptance and delivery of payments must be in real time, and capabilities must let customers create tailored digital payment experiences that fit their needs best.

Commercial Lines

View All >

COVID Drives Tech in Workers' Comp

Shahin Hatamian

Workers’ compensation survey shows more payers are investing in electronic payment platforms and digital claims management tools.

7 of the Wackiest Workplace Injuries

Matthew Elson

The majority of workplace injuries are slips, trips or falls, but there are many unexpected injuries, such as getting hit by lightning or falling overboard.

Challenges, Opportunities for Family Offices

Cheryl Azar

Family offices face increasing threats to their assets, reputation and physical security, and the consequences can be severe if risk barriers are not built.

International

View All >

The Impact of Rising Inflation and Interest Rates on Insurance Profitability

Insurance performance through inflation cycles.

Asia: Latest Source of Opportunities

Roger Peverelli

Reggy De Feniks

Think of giants like Ping An; innovations such as TenCent's Waterdrop; and ecosystem plays such as Rakuten.

Insurance in UAE Ready for Big Leap

Neeraj Gupta

E-commerce in the UAE is booming, and the growth could let the young insurance industry boom, too.

Life & Health

View All >

featured

4 Steps to Support Patient Financial Health

Uzma Amin

Existing strategies addressing medical debt, such as stopping lawsuits or removing it from credit reports, are important but do little to actually prevent debt.

itl focus graphic with a heart that reads life and health

ITL FOCUS MARCH: Life and Health

Insurance Thought Leadership

For an industry that has long been considered sleepy, life insurance has a lot going on.

An Interview with Ronnie Klein

Paul Carroll

As part of this month's ITL Focus on life and health, we spoke with Ronald Klein, a senior adviser at Afiniti and founder of Obtutus Advisory, who has a long history in life insurance, with a focus on aging. He describes what he sees as a full-blown crisis--one that life insurers are uniquely positioned to address.

Personal Lines

View All >

Will Insurtech Disrupt Homeowner Market?

Matteo Carbone

One insurtech has tried, but Hippo has burned through $628 million in cash and is spending more than $1.50 for every dollar of premium it is generating.

Coconut tree in front of dark clouds blowing in the wind

Weather Science Supercharges Solutions

Alan Demers

Stephen Applebaum

Technology and weather science have evolved to help warn of approaching events, giving advanced notice to people to alter course and relocate to safety.

The House That Floated Away

While we've all been talking about rising sea levels and coastal erosion for years, a recent video cut through all the theoretical considerations and made the issue real.

Regulation & Public Policy

View All >

An Overlooked Target for Modernization

Kayvan Alikhani

Maintaining compliance requires manual, repetitive and error-prone processes, handled by small armies of well-compensated experts -- but many can be automated.

Ready for New Accounting Standard?

Paul Sauve

IFRS 17 might be a major factor in insurers’ decisions on buying reinsurance, so it's important to understand key issues and start preparing.

Insurance Defense Firms Have a Problem

Cain Elliott

Many firms have pursued digital transformation yet found little relief. The reason is that most legal software vendors don’t understand how insurance defense firms work.

Reinsurance

View All >

A New Paradigm for Sourcing Capacity

Dogan Kaleli

Capacity-seekers and capacity-providers are starting to recognize the benefits of an organized digital marketplace with an efficient electronic infrastructure.

Ready for New Accounting Standard?

Paul Sauve

IFRS 17 might be a major factor in insurers’ decisions on buying reinsurance, so it's important to understand key issues and start preparing.

New Paradigm for Reinsurance

James Vickers

Can the global reinsurance market morph into a new paradigm, allowing a more responsible and sustainable market to emerge?

Resilience & Sustainability

View All >

White windmill in a field overlooking a cliff

Relevance Requires a Focus on Sustainability

Jeff Fromm

With two-thirds of consumers reporting they base buying decisions on brand values, an increased focus on sustainability presents a huge opportunity for insurers.

Trees and grassy field under a sunny sky

Insurers' Path to Net Zero

Heike Klappach

Adhiraj Maitra

Heloise Rossouw

Tony Rooke

Here is what insurers should be aiming to achieve ahead of the UN climate summit in November to support both their own and broader net zero emissions pledges.

Weather Science Supercharges Solutions

Alan Demers

Stephen Applebaum

Technology and weather science have evolved to help warn of approaching events, giving advanced notice to people to alter course and relocate to safety.

Risk Management

View All >

Ukraine Invasion's Potential Impacts

Anton Lavrenko

The invasion poses a complex threat to the operations of financial services companies and has enormous consequences for the financial markets in the short term.

Biggest Operational Risks of 2022

Sandra King

Emerging threats are precursors to business crises, so all organizations should have an updated risk management plan to implement when these risks become a reality.

4 P&C Mega Risks in 2022

Mike Chapman

These risks are moving the insurance market away from transactional coverage and more toward co-management of risk.

Underwriting

View All >

Ready...Set...Grow!

Intellect SEEC

Insurance Thought Leadership

In this webinar, ITL Editor-in-Chief Paul Carroll sits down with Jim McKenney, chief strategy officer and products business head at Intellect SEEC, and Sandeep Tandon, CTO of Intellect SEEC.

Simulator Gamifies Underwriter Training

Huw Newton-Hill

An “underwriter simulator” program of gamified learning and 3D interactive scenarios redefines what's possible for workforce training.

Dramatic Shift in Underwriting Ahead

Denise Garth

With the world changing, commercial underwriting is going to be called on to minimize the impact of complex risk on an ever-riskier world.