Now Playing:

Colin Devine: Life Insurers Hamstrung in Responding to Growing Opportunities

Colin Devine, principal, C. Devine and Associates and a former life industry analyst, said insurers are grappling with legacy products that promised higher returns, and with difficulties underwriting and pricing long-term care coverages.
August 26, 2019

Register to be notified of new A.M. BestTV episodes.

  • Axa's Kaul-Green: Insurance Tech's Frontier Is Better Management of Customer Risk
    November 12, 2019

  • Praedicat CEO: Plastics, Antibiotics, Sugar Pose Mass Tort Risks
    November 12, 2019

  • Oasis’ Hindle: Cat Modelling Challenged by Cost, Lack of Standards
    November 12, 2019

  • Inari.io's Perkins: Digitizing Old Processes Is a Half-Step Toward Innovation
    November 12, 2019

  • Tokio Marine Kiln’s Hoad: Lloyd’s Returning to Its ‘Entrepreneurial Roots’
    November 12, 2019

  • Brit Insurance’s Birch: Insurers Can Learn From Retail, Banking
    November 12, 2019

  • Lloyd’s CEO: Cultural Change Is Hardest
    November 12, 2019

  • ICMIF's Tarbuck: It's An Exciting Time to Be a Mutual
    November 10, 2019

  • Munich Re’s Rauch: Insurers See Climate Change as Both Risk, Opportunity
    November 4, 2019

  • Hanover Specialty President: Insurers Challenged by Small Commercial Market Fragmentation
    November 4, 2019

  • Milliman's Karl: Defense Outpacing Other Costs of Professional Liability
    October 15, 2019

  • Starr’s Greenberg: 15%-20% of Insurtechs Offer Promise; Others Will Fail
    October 7, 2019

  • IICF's Ross: Industry Charity Foundation Is Expanding
    October 3, 2019

  • Arceo.ai's Vitale: Cyber Losses Are Biggest Risk Facing Businesses Today
    September 18, 2019

  • Marine Insurers Struggle With Fire Losses, Profitability
    September 17, 2019

  • AIR's Bingenheimer: Comparing Among Providers Builds Risk Modeling Transparency
    September 13, 2019

  • Lapetus' Anderson: New Tech Can Be Tricky, So Start Small
    September 2, 2019

  • Delaware's Kinion: Captives Should Remain Eligible for Fed Home Loan Bank Membership
    August 28, 2019

  • Colin Devine: Life Insurers Hamstrung in Responding to Growing Opportunities
    August 26, 2019

  • ISO's West: Underwriting and Claims Are Largest Sectors of Insurance Innovation
    August 8, 2019

  • Bermuda's Huff: Reinsurers Have Stake in Growing US Flood Market
    August 6, 2019

  • Arkansas' Kerr: Goal Is to Grow the Private Flood Insurance Market
    August 6, 2019

  • Iowa's Ommen: Developing Rules Will Boost Consumer Protections in Annuity Sales
    August 5, 2019

  • New York's Lacewell: Health Insurance Committee Work Protects Consumers
    August 5, 2019

  • AM Best's Brown: Group Capital, Annuity Suitability in Spotlight at NAIC Conference
    August 5, 2019

  • Pennsylvania's Altman: NAIC Has Its Eye on Long-Term Care Coverage
    August 5, 2019

  • Acord's Pieroni: Global Insurance Opportunities Are Hiding in Plain Sight
    August 2, 2019

  • Wright President: Modeling Progress, Flood Program Changes Will Better Target Risk
    July 9, 2019

  • Circles' Elliot: Olympics, G20, Rugby Cup Put Spotlight on Asia-Based Events
    June 11, 2019

  • Markel's Stobbs: Rising Asian Insurance Markets Call for Local Response
    June 11, 2019

  • Lloyd's Haddrill: Lloyd's Strategy in Asia Includes Digital, Accessibility for Innovators
    June 11, 2019

  • Manulife's Mills: Hong Kong's New Health Program Widens Insurers' Opportunities
    June 9, 2019

  • NE Institute's Bar-Yam: Research on Complex Systems Aiding Reinsurers
    June 3, 2019

  • Cornell's Strogatz: Risk Profitability Is at the Intersection of Order and Chaos
    June 3, 2019

  • Guardtime's Piesse: Blockchain Will Thrive Where Insurance Is Buried in Paper
    May 31, 2019

  • Grace Global's Vandecruze: Innovation Begins With a Multidimensional Workforce
    May 31, 2019

  • IASA's Turner: Insurtech Is Only One Part of the Ongoing Evolution of Insurance Accounting
    May 23, 2019

  • URS' Kutsina: Getting Modeling Right Takes Into Account Many Viewpoints
    May 23, 2019

  • WTW's Anderson: The Timing of the Insurtech Wave Is No Accident
    May 9, 2019

  • Sureify's Yoder: New Tech Is Helping Life Insurers Break Out of the 'Ivory Tower'
    May 9, 2019

  • WTW's Steiner: Underwriting Is Ripe for Insurtech Impact
    May 9, 2019

  • WTW's Hay: Improving P/C Commercial Lines Means Focusing on Tech, Expenses
    May 9, 2019

  • Talespin's Jackson: Overlapping Virtual Worlds and Real-Time Information Will Benefit Insurers
    May 9, 2019

  • WTW's Guven: Automation Ties Data to Analytics
    May 9, 2019

  • HazardHub's Frady: Patching Holes in Data Increases Analytic Impact
    May 9, 2019

  • Vymo's Bhat: Provide Cutting-Edge Tools to Attract Next-Generation Producers
    May 9, 2019

  • Skopenow's Douglas: Claims Moving to Automatic Social Media Reviews
    May 9, 2019

  • WTW's Milicia: Automating Insurance Operations Means Building in Accountability
    May 9, 2019

  • Willis Re's Johnston: Investor Interest in Insurtech Prods Traditional Insurers
    May 9, 2019

  • WTW's Hodgkinson: Belt & Road, New Rules Boost Hong Kong Reinsurers
    May 7, 2019

  • ICMIF's Tarbuck: Mutual Market Growth Ahead of Global Pace
    May 6, 2019

  • APCIA's Sampson: Congress Likely to Extend NFIP in Short-Term Segments
    May 3, 2019

  • Cigna's Sadler: Stress From Work, Family Drive Expanded Health Needs in Asia
    May 3, 2019

  • RMS' Isford: The Future of Risk Analysis Is Real-Time, Cloud-Based, High-Resolution
    May 1, 2019

  • Eos' Kalman: Insurtech Is Vital, but Doing It Right Is Tougher Than It Looks
    April 10, 2019

  • CoverWallet's Berenguer: Successful Companies Are Morphing Into Tech Firms
    April 10, 2019

  • The Institutes' Frappolli: In the IoT World, Data Matters As Much as Devices
    April 10, 2019

  • ISO's Mauro: Risk Exposure Spreads With Marijuana Legalization
    April 10, 2019

  • The Institutes' Elliott: Insurtech Cycle Hits a Phase of Fewer, but Bigger Deals
    April 10, 2019

  • Gallagher Bassett's Hampshire: Insurtech Can Help Insurers Repurpose Legacy Data
    April 10, 2019

  • Deloitte's Purowitz: When It Comes to Tech, Beware the 'Bobblehead Effect'
    April 10, 2019

  • Author Sagalow: When Life Gives You Lemons, Make Disruptive Innovation
    April 8, 2019

  • Novarica's Wein: Boeing's Woes Hold Lessons for Insurers
    April 1, 2019

  • IMUA's O'Brien: Mass Timber, Driverless Trucks Among Emerging Inland Marine Risks
    March 26, 2019

  • Vantis Life's Caucci: Working the D2C Channel Involves Tech, Focus, Guidance
    March 20, 2019

  • Gallagher Bassett's Hampshire: CPCUs Focused on Capturing Legacy Knowledge
    March 17, 2019

  • RBA Alliance's Sasso: Blockchain Implementation Moving Toward Wider Production
    March 15, 2019

  • Greenberg Traurig's Ranis: Insurers Stepping Up Efforts to Head Off #Metoo Claims
    March 14, 2019

  • RAA's Nutter: The Next Round of Tripra Should Clarify Role of Cyber Terrorism
    March 14, 2019

  • JLT Re's Hochberg: Be Careful What You Wish For, Especially About Hard Markets
    March 14, 2019

  • LexisNexis' Brower: Insurers Must Balance Automation and Empathy
    March 12, 2019

  • True Flood Risk CEO: Understanding Individual Property Risks Is Key
    March 4, 2019

  • Risk Strategies' Power: MGA Specialization, Tech Driving E&S Innovation
    February 19, 2019

  • QBE's Johnston: Succeeding in Specialty Coverage Means Thinking Beyond Products
    February 19, 2019

  • AIG's Duperreault: Learn to Manage Diversity or Be Left Behind
    February 12, 2019

  • Beazley's Dauphinais: Impact of Cyber Events Reaching the C Suite
    February 7, 2019

  • Aon's Andersen: New Capital, Plus Data Analytics, Equals New Risk Solutions
    February 7, 2019

  • Artemis' Evans: ILS Market Searching for Next Phase of Growth
    February 4, 2019

  • RenRe's Dutt: Non-Cat ILS Developing, but Major Take-up Is Still on the Horizon
    February 4, 2019

  • PCS' Johansmeyer: Alternative Capital Drawn to New Risks, Regions
    February 4, 2019

  • Swiss Re's Klugman: Recent Activity Shows Differences Among Insurance-Linked Vehicles
    February 4, 2019

  • LIS' Haynie: Life Settlement Sector at 2% of Its Potential Size
    January 30, 2019

  • Lyric's Collins: Life Settlement Sector Sees Growth Through Lower Face Values
    January 28, 2019

  • ISC's Conway: New Life Settlement Strategies Look Beyond the Affluent
    January 28, 2019

  • Coventry's Buerger: Life Settlement Growth Tied to Awareness
    January 28, 2019

  • Vida's Young: Industry Pushing to Create New Uses for Life Settlement Proceeds
    January 28, 2019

  • WTW's Williams: Insurers See Potential, Caution Signs in Machine Learning
    January 24, 2019

  • Information Institute's Kevelighan: Economic Winds Favor P/C Insurance Sector
    January 21, 2019

  • Swiss Re's Wolfe: Primary Insurers Making Strides in Marketing Flood Coverage
    January 17, 2019

  • RAA's Nutter: Reinsurers Watching New Congress for Shifts of Interest
    January 17, 2019

  • Bermuda's Huff: Island Ready to Relieve Governments of Some Risks
    January 17, 2019

  • Providence Mutual's Parrillo: Mutual Insurers Share Common Ground With Insurtechs
    January 17, 2019

  • IBHS’ Wright: Roofs Are Vulnerable to a Range of Catastrophes
    January 17, 2019