future of insurance News

Future of the Insurance Industry and Who Owns It: 3 Scenarios From Verisk’s Anquillare

The question is not whether the future of the insurance industry is bright. “Few industries are better positioned for outstanding growth over the next 15 years,” insists Verisk’s Mark Anquillare. Anquillare points to the giant global protection gap between what …

Burand’s State of P/C Insurance Industry: How P/C Insurance is Becoming Less Valuable

Value is a relative term often specific to a given asset. For example, if the price of gold declines from $1,800 an ounce to $1,250 an ounce, as it has, then gold is less valuable. The price of property/casualty insurance …

A Quick (No Really, Super Quick) Insuretech Primer

I wonder if anyone has ever done this. You’re involved in a conversation with a group of peers or boss people (or other people that you’re trying to impress) and they start talking about a topic that you don’t know …

Distribution Overpowers Underwriting. How CNA Ex-CEO Chookaszian Views Industry’s Past, Present and Future

The former chief executive of an insurance company believes the center of value of the property/casualty industry has shifted away from one of the activities that would seem to define an insurance risk-taking enterprise: insurance underwriting. “Today, the core competency …