Increasing Regulation on Climate Change By Jared Wilner Vikram Sidhu In 2021, climate-change actions by U.S. regulators will create both challenges and opportunities for insurers.
Achieving Innovation in a Regulated Industry By Ailen Okharedia This is an exciting era for insurance, and actuaries have an opportunity to expand and redefine their roles in these changing times.
Raising the Bar on Data Privacy By Scott Stephens With the passage of the California Privacy Rights Act, businesses are on notice that data privacy requirements will get a lot tougher.
Innovating Our Way Out of a Crisis By Michael Byrne Any requirement, process, delay or regulatory cost that does not serve insurer solvency or consumer protection should be on the table for retirement.
COVID-19: A Catalyst for Key Reviews By Stuart Poole Law and accounting firms must take the opportunity to pause and review: conflicts and intake processes, technology investments and personnel.
Optimizing Insurance's Role in the Pandemic By Jason Schupp Policymakers must thoughtfully position insurance industry capabilities where they can have the greatest impact. Here is a proposal.
Navigating Confusing Insurance Regulations By Ann Dieleman Sean Cox COVID-19 is causing headaches but offers an opportunity to improve business systems and compliance practices.
The Case for Paying COVID BII Claims By Louis Fey Is it reasonable to assume coverage for a COVID-19-related BII claim in the absence of a virus exclusion? The answer has to be, yes.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.