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Using technology to detect insurance fraud

Using technology to detect insurance fraud

Fraud, both detected and undetected, is a key concern area for everyone pivoting to digital lifestyles. According to an article published recently that talks about the global...

Perfect Storm Creates ‘Hardest Market Cycle in a Generation’

Perfect Storm Creates ‘Hardest Market Cycle in a Generation’

Rising economic and social inflation, supply chain constraints, catastrophic weather driving up losses, and historic cost increases for reinsurance has led to significant...

62% of reinsurers have coal exit policies, 38% have oil, gas exclusions - Business Insurance

62% of reinsurers have coal exit policies, 38% have oil, gas exclusions - Business Insurance

Restrictions by insurance companies on oil and gas are starting to catch up with those on coal, according to new data from the Insure Our Future campaign, comprising...

Implicit bias hurts maternal health. This training can help.

Implicit bias hurts maternal health. This training can help.

In Guilford County, North Carolina, community health professional Danielle Deshazor, MPH, focuses on reducing infant and maternal mortality. Her work involves making sure women...

Supply chain risk – a missed opportunity for insurers?

Supply chain risk – a missed opportunity for insurers?

Supply chain exposures are growing at a fast pace, driven by the onwards march of digitisation, which has accelerated since the pandemic. Across all industries, supply chains...

Inflation: transparency and close cooperation with our cedant clients are essential

Inflation: transparency and close cooperation with our cedant clients are essential

The risk we as an industry face – a risk that is in some cases already being realized – is that inflation will lead to larger than anticipated claims that will outpace the vital...

Property Value Estimator: Who Is Liable for Underinsured Homeowners Claim?

Property Value Estimator: Who Is Liable for Underinsured Homeowners Claim?

If an agency uses a carrier’s property cost estimator evaluation tool to come up with a valuation on a risk, who is liable if the risk is underinsured? Q: If an agency uses a...

Demolish Contractor Fraud

Demolish Contractor Fraud

What is contractor solicitation and how does it work? Here's the scenario:   You are approached at home (solicited) by a contractor who offers you payment or a gift card to...

How artificial intelligence could help make the insurance industry trustworthy

How artificial intelligence could help make the insurance industry trustworthy

With its complex rules, fine print and lengthy processes, it’s little wonder that the $1.2tn insurance industry has a poor reputation for trust and customer service. In a recent...

Proxy Voting: The Transformative Power of Choice | BlackRock

Proxy Voting: The Transformative Power of Choice | BlackRock

Thirty-four years ago, when my seven partners and I founded BlackRock, our goal was to build an asset management firm centered on meeting the needs of our clients. We wanted to...