Tag Archives: insurance

Does the Law of One Price apply to insurance?

business man holding a calculator and a piggy bank with money sticking out

The upside of risk transfer market complexity is that arbitrage opportunities don’t disappear quickly. They’re not all that rare; rather, they’re just hidden. Continue reading →

Retail: Is there opportunity in uncertainty?

people walking down the street with purses and shopping bags with umbrellas

As a retailer, your view of the sector likely depends on several variables. How you’re embracing the continued growth of online shopping and automation across the value chain, how you’re adapting to rising operating costs while sharing in your consumers’ … Continue reading →

What’s the barometer reading for incentive payouts when natural catastrophes take their toll?

aerial view of a tropic storm in the ocean moving towards land

Two tough years of natural catastrophe (CAT) events have battered property & casualty (P&C) insurers’ annual incentive plans (AIPs). But should plan participants, including underwriters, be held responsible for the weather? 2018 Willis Towers Watson pulse surveys on P&C insurers’ … Continue reading →

How will automation, AI and other technologies change the insurance industry as we know it? Two expert opinions

Close up of a woman holding a smart phone with a chat bot on the screen

How is technology impacting the insurance industry and what do we expect to see in the years to come? To find out, we sat down Alice Underwood, Global Leader of Insurance Consulting and Technology and Dave Ovenden, Global Pricing and … Continue reading →

Three key steps for addressing cyber risk in the construction industry

male and female construction workers wearing protective gear looking at a tablet - banner

Virtual reality and artificial intelligence are becoming integral parts of the construction industry. But with its widespread adoption comes new risks that call for a more sophisticated approach to risk management. It’s the phone call no contractor wants to receive … Continue reading →

An employer’s guide to offering identity theft protection coverage to employees

Close up of a person entering login credentials on a cell phone

Identity theft protection (ID theft protection) is one of the fastest-growing benefits offered to employees today. But like many offerings that are relatively new to the market, employees may not fully understand how it works or what features such as … Continue reading →

Two key steps to help your organization mitigate the impact of a chemical attack

Woman in a white protective suit with a white cap, blue gloves and goggles dropping a liquid from a syringe into a test tube

We’re living in an era of unprecedented terrorist plots and attacks, where hazardous materials, including chemical agents, are now being used outside of warzones to harm civilians. The recent attacks in Dourma, Syria, and in Salisbury, U.K., serve as a … Continue reading →

What could the Prudential Regulation Authority’s proposal on managing climate change risk mean for insurers?

Men in headsets looking at a weather map with a computer monitor behind them

The launch of a consultation paper on the approaches to managing financial risks arising from climate change will transform the way that organizations do business. But how should insurers react – and what are the risks? The Prudential Regulation Authority … Continue reading →

Do D&O insurance policies cover claims for ‘damages’ brought by insolvency practitioners?

A judge talking to two lawyers in the hall of a marble building

With D&O policies becoming longer and more complex, an increase in claims activity and signs that the market may be hardening, the need to focus on the important stuff has never been greater. I have often blogged before about the … Continue reading →

Highlights from the 2018 ACORD Insurance Innovation Challenge (Semifinals)

Group of men and women who took part in the 2018 ACORD Insurance Innovation Challenge

This year’s ACORD InsurTech Innovation Challenge revealed that InsurTech companies are identifying efficiencies in the insurance industry through a variety of different methods. Both the sharing economy and artificial intelligence (AI) are predicted to become more important over the coming … Continue reading →