Risk & Insurance

Three Benefits and Three Challenges of Implementing AI in Claims Management

Many claim handlers are already using AI in their processes to some extent, but realizing its full potential could be hampered by a lack of tech talent and access to adequate data.   The post

Posted: Feb 22, 2024

Pennsylvania Court Rejects Red Book Pricing in Workers’ Compensation 

In the case of Federated Insurance Co. v. Summit Pharmacy, the Pennsylvania Commonwealth Court challenged the state's method of calculating pharmaceutical costs in workers' compensation cases.   The post

Posted: Feb 22, 2024

Financial Crime Compliance Costs Reach $61 Billion in U.S., Canada

Amid escalating financial crime compliance costs, financial institutions grapple with the rise of illicit activities involving cryptocurrencies and AI technologies. The post

Posted: Feb 21, 2024

SonicWall Report: Cyberattacks Surge, MSPs Crucial for Defense

SonicWall's 2024 report reveals escalating cyber threats, highlighting the critical role of Managed Service Providers in bolstering cybersecurity defenses. The post

Posted: Feb 21, 2024

Navigating Innovation: The Intricacies of Insuring Emerging Exposures

Emerging risks are always in mind for underwriters, but reinventing the wheel is rarely necessary to give brokers and insureds the new types of security they seek The post

Posted: Feb 18, 2024

Growing Needs, Rising Risks: Addressing the Unique Challenges of Memory Care

Memory care providers work tirelessly to offer safe, compassionate and effective care for their residents. Alerting them to unforeseen risks can help them to avoid future liability. The post

Posted: Feb 17, 2024

Navigating the Risks: AI’s Rapid Rise in Health Care

The health care industry is poised to benefit greatly from the adoption of AI, but it’s a sector where caution is especially important. The post

Posted: Feb 16, 2024

8 Questions with Cindy Baroway, Executive Director of University of Colorado Denver’s RMI Program

Former CPCU Society president Cindy Baroway talks about her path to success, her thoughts on servant leadership and the future of the industry as seen through her students. The post

Posted: Feb 15, 2024

Unleashing Innovation In Workers’ Comp & Personal Injury Protection (PIP)

Leading the Way with Customized and Cutting-Edge Tech Solutions! The post Unleashing Innovation In Workers’ Co...

Posted: Feb 15, 2024

Protected: Cut and Run

There is no excerpt because this is a protected post. The post Protected: Cut and Run appeared first on Risk &...

Posted: Feb 14, 2024

7 Questions for Archipelago’s Hemant Shah

Hemant Shah, in founding Archipelago, sought to better empower "sellers of risk" so that when they dialogue with underwriters, they can present a clearer picture of their assets' values and exposures. The post

Posted: Feb 14, 2024

Enlytened Trends Report 2024

Be the first to know how emerging trends in generative AI, auto and casualty claims and regulatory compliance are impacting P&C this year and beyond. The post

Posted: Feb 13, 2024

As Hard Markets Persist, Some Insureds Have Questions About Insurability

Property markets still face significant challenges, leading some to turn to alternative risk transfer solutions. The post

Posted: Feb 13, 2024

Rising Star Kristin Hanson on Working with Tech Firms, Brainstorming with Clients, and Her Broking P...

This Aon broker shares her foray into technology brokering and the ways she keeps both herself and her clients in the know. The post

Posted: Feb 13, 2024

6 Questions on Group Captives for AXA XL’s Chris Kopser

As president of primary casualty, American and global risk management insurance at AXA XL, Chris Kopser focuses much of his effort on group captives. The post

Posted: Feb 12, 2024

Registration Is Now Open for the CPCU Society’s In2Leadership Conference in Arizona

In2Leadership is open to professionals in any industry and the content presented will be relevant to people at all levels of their career. Through guided discussions and workshops, participants can choose their own level of engagement as they expl...

Posted: Feb 09, 2024

Online Gaming Finds a Friend in Surety

Aon's Jason Peery shares his surety solution for the online betting world. The post Online Gaming Finds a Friend in Surety appeared first on

Posted: Feb 08, 2024

U.S. Businesses Increase Cyber Insurance Amid IoT, Remote Work Expansion

As cyber threats rise, global cyber insurance premiums could hit $23 billion by 2025, and U.S. businesses are expected to shoulder over half of that cost. The post

Posted: Feb 07, 2024

A Better Approach to Enterprise Risk Management

When a major P&C insurer wanted to develop their own custom insurance model and access additional data sources, they turned to Digital Matrix Systems. Learn more about their experience. The post

Posted: Feb 06, 2024

Rising Star Patrick Keenan Enjoys Keeping Tabs On the Economically Critical Marine Sector

This Marsh broker has family across the industry and credits their support as a key role in his successful career. The post

Posted: Feb 05, 2024

Agents, Insurers Navigate Volatile Cyber Market Amid Changing Threats

Navigating the volatile cyber insurance market, insurers face a challenging landscape of rapid growth, unpredictable threats, and unsustainable pricing models. The post

Posted: Feb 02, 2024

Insurtech Funding Plummets to Lowest Level Since 2018: Gallagher Re

Despite a 43.7% drop in global insurtech funding in 2023, U.S.-based insurtechs saw a 5.5% rise in deal share, indicating a maturing market. The post

Posted: Feb 02, 2024

Rising Star Emily Weiss Schaffer Sees Endless Career Potential in Insurance for Young Art Fiends

Many fine arts brokers come to the industry with a deep passion and knowledge of art history. For Emily Schaffer, it gives her the ability to protect what she loves as well. The post

Posted: Feb 02, 2024

8 Questions for FloodFlash’s Richard Coyle

FloodFlash's U.S. commercial director shares what this parametric flood insurance MGA is all about. The post 8 Questions for FloodFlash’s Rich...

Posted: Jan 31, 2024

8 Questions for CPCU Society President Traci Adedeji

The newly elected president of the CPCU Society shares more about her goals, her background and her hopes for her legacy as the first Black female CPCU Society president. The post

Posted: Jan 30, 2024