Category Archives: Insurance

Longevity blind spot threatens to stymie structured settlement annuity portfolio deals

Sellers and potential buyers of structured settlement annuity (SSA) portfolios could find themselves handicapped by outdated and inaccurate mortality projections. Trading activity in SSA portfolios has been on the increase in recent years, stimulated by buyers interested in longevity risk … Continue reading →

The 2017 hurricane season: Will it transform the energy insurance markets?

In the aftermath of hurricanes Harvey and Irma, the thoughts of our colleagues in the energy sector and insurance market are quite rightly directed towards the human tragedy that’s unfolding as new details of the death and destruction wrought by … Continue reading →

Driving forward with claims advocacy

If I had to do it over again, when buying a car, instead of just looking at the list of features and negotiating the MSRP with the salesperson, I would have also asked to speak to the service department. Why? … Continue reading →

Threat vs Opportunity? InsurTech is largely a matter of perspective

Regarding InsurTech from a ‘them’ and ‘us’ standpoint increasingly misses the point. It’s understandable that many insurers have perceived InsurTech as a threat to the value chain. Yet the biggest threat lies not in technology itself, but in competitors of … Continue reading →

Construction Insurance Marketplace update

Expectations for Construction Risks: Rate, Terms and Conditions The U.S. construction property and casualty market continues to exhibit rate stability. While the market remains soft, a level of underwriting restraint has started to take hold. Much of this is driven … Continue reading →

5 key cyber insurance considerations for small & middle market businesses

What’s my cyber risk? Small and middle market businesses (SMB) tend to be less concerned about their technology/cyber risks than their publicly traded counterparts. How is this possible?  It may be due primarily to a limited understanding of the scope … Continue reading →

Influencing risk culture within the transport industry

A fatal tram accident, online retailers’ accusations of dangerous driving practices, and a conviction following a fatal road collision have pushed fleet operators and their risk management practices into the spotlight in recent months. As well as the human cost, … Continue reading →

Basic UBI scores are good enough? C’mon insurers.

In 1989 (when I started my career as a pricing actuary), auto insurance rating plans were relatively simple. For example, most insurers only had a handful of age categories and territorial rating was done at the county level. Since then, … Continue reading →

Small business insurance offers fertile ground for InsurTech

As InsurTech continues to scythe a modernizing path through the insurance industry and disrupt traditional value chains, the $100 billion small business insurance sector is shaping up as one of the most promising for investment. Rarely out of the specialist … Continue reading →

Doctor’s conviction throws multiple patient injuries back into spotlight

In late April, UK breast surgeon Dr. Ian Paterson was found guilty of 17 counts of “wounding with intent,” throwing a spotlight on the topic of multiple patient injuries and how they affect insurers and health care providers. One bad … Continue reading →