AM BEST'S MONTHLY INSURANCE MAGAZINE
Issues & Answers Special Advertising Section: November 2018
Issues & Answers: Insurtech
Technologists, service providers, insurers, reinsurers and consultants explain the latest developments in insurance technology and insurers are using technology to gain an advantage in today's highly competitive market.
Issues & Answers: Accident & Health Leader
Michael Flood, Vice President for the Accident and Health Division, Philadelphia Insurance Companies
“PHLY has the strongest marketing talent in the industry when it comes to property and casualty, and now accident and health as well.”
Issues & Answers: A Leader in InsurTech
Kevin Gregson, Global Leader, Commercial and Client Development, Willis Towers Watson
“We see a lot of innovative technology that enables us to find new ways to create value for us and for our clients.”
Issues & Answers: Analytics Reimagined
Jennifer Law, AVP Head of Specialty Operations, William Drake, Director of Research and Analytics
Issues & Answers: Partners in Innovation
Brona Magee, Deputy CEO, SCOR Global Life
“The focus on wellness is an especially exciting development because it promotes longer, healthier lives for policyholders and better business performance for life insurers - truly a win-win.”
Issues & Answers: Xceedance Is Insurtech-Plus
Amit Tiwari, Chief Technology Officer, Xceedance
“Industry expertise, combined with extensive knowledge of intelligent technologies, drives the value Xceedance brings to re/insurers.”
Issues & Answers: Building the Future of Underwriting
Brad Butler, Vice President, Chief Technology Officer, AURA Technologies, Reinsurance Group of America
“In a lot of solutions today, the disclosure and interview process is very highly coupled with the decision process. We’ve completely separated those.”.
Issues & Answers Special Advertising Section: September 2018
Mutual Success
Mutual insurance companies and service providers discuss the specialized advantages and needs of the mutual structure.
One Voice
Jacque Schaendorf, President of The Wholesale & Specialty Insurance Association Board of Directors
“While we’re working on new ideas with a great deal of energy from our committees that come with this new association, we are also maintaining our focus on WSIA’s core member initiatives.”
Mutual Ties
Travis MacMillian, Chief Business Officer, Xceedance
“Mutual insurers of all sizes would benefit from working with a company like Xceedance.”
A Good Fit
David Goodson, Head of Securitized Fixed Income, Voya Investment Management
“The overall bent from an evolutionary standpoint within securitized markets has been one that has benefited investors overall, across subsectors by virtue of heavier regulation that, in the end, is going to protect investors.”
Helping Mutuals to Grow
Robert Brian, SVP, Multiline Portfolio Manager, PartnerRe
“Being a pure-play reinsurer sets us apart as it gives us the ability to serve, rather than compete with our clients for their insurance clients, their ideas or talent.”
A Mutual Understanding
Brian Secrett, Chief Underwriting Officer, Tokio Millennium Re
“Because mutuals have limited access to equity capital, they’re often more likely to value the capital benefits and volatility risk transfer that reinsurers bring.”
A Mutually Beneficial Relationship With the Wood Industry
Sean Briscoe, Underwriting Manager, Pennsylvania Lumbermens Mutual Insurance Company
“Our size and structure enable us to react and make changes quickly to the needs of our customers within the wood niche.”.
Issues & Answers Special Advertising Section: July 2018
Specialty Coverage
Carriers, investment managers and others explain how they are working with the specialized coverages that have come to dominate key areas of the insurance world.
A Leader in D&O
George Schalick, Vice President, Management and Professional Liability Division, Philadelphia Insurance Companies
“The D&O market tends to be sensitive to the economy, so when times are good the margins are good.”
Xceeding Expectations
Arun Balakrishnan, CEO, Xceedance
“Xceedance helps insurers launch and maintain specialty lines business with very lean teams.”
The Long-Term View
Michael Pagano, Head of Insurance Portfolio Management, Voya Investment Management
“What you've seen over the past couple of years is people coming to a realization that maybe some of the asset classes that they previously avoided would actually benefit their portfolio in the current market environment.”
Insurance Reimagined
Joe Beneducci, CEO, ProSight Specialty Insurance
“Rather than fearing the change our industry will face, we very much look forward to it.”.
Issues & Answers Special Advertising Section: June 2018
Specialized Investments
Asset managers discuss how insurers can better use the range of services and products that are remaking the world of insurance asset management.
Boring is the New Black
John Simone, Managing Director and Head of Insurance Solutions, Voya Investment Management
“We have an adage with a lot of our insurance clients that boring is the new black, meaning that if you have a risk budget, just dialing up risk may not be the best path to go.”
Value in Infrastructure
Emeka Onukwugha, Head of Private Debt Group, Barings
“Geographic diversification reduces exposure to any particular country's economic cycle, especially for GDP linked infrastructural assets.”.
Issues & Answers Special Advertising Section: May 2018
Programs and Wholesale Business
Carriers and wholesalers explain how they develop and support today's expanding range of specialized program insurance offerings.
TMS Leads the Way in Environmental Coverage
Jon Peeples, Vice President, Environmental Tokio Marine Speciality
“We have the ability to match up with the larger carriers, as well as offer more than the smaller carriers. It puts us in a really good, enviable place as it relates to the middle market.”
Focus on Programs
Tom Jurgens, Senior VP, Property and Casualty Programs and John Lopes, Senior VP, Professional and Management Liability Programs
“We work with program managers to build in-house claims talent tailored for their highly specialized risks.”
WSIA Sees Opportunity Knocking
Jacque Schaendorf, President, WSIA
“According to A.M. Best, the annual surplus lines report that is produced in conjunction with the WSIA Education Foundation, the E&S market reached a record level of premium in 2016 and we maintained strong financial ratings overall in the sector as a composite.”.
Issues & Answers Special Advertising Section: April 2018
Risk Modeling
Risk analytic providers and advisory firms explain the latest developments in risk modeling and analytics.
Capital Ideas
Pierre Laurin, P&C Insurance Sales and Practice Leader for the Americas, Willis Towers Watson.
“The models themselves are important, but it's equally important for insurers to know what they want to measure, what their capital philosophy is and how they will use model results for decision-making.”
Game Changer
John Swanick, U.S. Insurance Advisory Leader, Dana Wilson, U.S. Insurance Audit Leader, Michael Rose, Business Advisory Services Partner, Grant Thornton LLP
“Data-driven technology is sweeping the insurance industry at an astounding pace.”
Risk Distribution
Derek W. Freihaut, FCAS, MAAA, Principal and Consulting Actuary, Pinnacle Actuarial Resources Inc.
“When captive owners better understand the amount of risk distribution present, they can make better decisions about how to structure the captive.”.
Issues & Answers Special Advertising Section: February 2018
Issues & Answers: Career Development
Finding, training and educating people to handle demanding and sophisticated responsibilities is vital to tomorrow’s insurance industry.
SIAA's Road to Success
Jim Masiello, SIAA
“We accept about 1 in 10 qualifying agents, and the qualification due diligence process is pretty extensive. The aggregators, as usual, will process business from any agent.”.
Issues & Answers Special Advertising Section: January 2018
Accounting & Actuarial Services
As insurers become increasingly focused on analytics, metrics and internal reporting, roles for auditors and actuaries are expanding.
Insurtech Revolution
Serhat Guven
“The enhancement of the customer experience and the creation of a competitive advantage are taking place in a much mroe effective and efficient manner because of our technology.”.