Industry experts at Riskworld, the RIMS 2023 annual conference, react to a projection that the market for embedded insurance could reach $2.3 trillion in 2032.
May 1, 2023
View full Best's Event Coverage of RIMS RISKWORLD 2023:
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vQuip’s Serigne: Getting Insurance Coverage For Boat Rentals Can Be Quick
Florida State Student Wins AM Best 2023 Student Challenge
FNO InsureTech Podcast Hosts: Our Guests Live in the Insurtech Ecosystem
Despite Improvement in Underwriting, MPL Writers Still Struggle
Panel: Handling Claims Is a Collaborative Function
Greenberg Taurig's Karlinsky on Florida Market: The Trauma Is Not Going Away
GIS Executive Director: Industry Needs Long-term Recruiting Approach
Customer Experience Panel: Insurers Must Adapt to Digital Natives
Panel: Insurers Can Improve Auto Claims Experiences by Focusing on Customer Satisfaction
AI Panel: Insurers Must Keep Control of Their Data
NEAM's Rotatori: Insurers Look to Incorporate Diverse Risks Into Portfolios
Commissioner Lara: California Needs Commercial Liability Coverage for Prescribed Burns
Panel: Data Variables Can Benefit Insurance Consumers
Panel on Embedded Insurance: Connections Between Carriers, Distributors Becoming Seamless
Travelers' Williams: Market Turbulence Driving EPL Claims
Program Managers Take the Acquisition Spotlight
CEO Panel: Climate, Net Zero High on List of Clients’ Risk Concerns
HSB’s Hajjar: App Guards Against Impact of Cyberattack
Panel: Modern Product Management Could Help Insurers Navigate Economic Downturns
Author: Insurance Markets Extend Focus Beyond Product Sales
Conning's Dobbins: Insurers Partner With Smart Device Manufacturers to Mitigate Risk
Panel: Supply and Demand Drive E&S Growth
Cognizant's Queen: Digital Transformation Is About Business, Not Just Systems and Data
EY: Insurers, Reinsurers Brace for Reshaping Industry Forces
In Movies, Super Heroes Cause Super Fictional Claims Damage
Panel: Imagery Models Improve Risk Selection
Clyde & Co.’s Greenwald: More Offshore Wind Power Creates Potential Risks, Losses
Delaware Taps Ex-DC Insurance Commissioner as New Captive Director
Help Wanted: Demand for IT Talent, Digital Skills Grows
IMUA's O'Brien: MGAs a Rising Presence in Inland Marine
Verisk’s Newbold: Upcoming Conference Will Highlight Global Resilience
Entrepreneurs Say Insurtech Slowdown Tightens Focus on Business Purpose
Delaware’s Navarro: State Sees Growth in Captives, Progress on Workers’ Comp and Health
Author: Empathy, Community Involvement Keys to Insurance Sales Success
Aon’s Lorinc: 2022 Was Insurers’ Fifth Costliest Year as Global NatCat Insured Losses Reach $132 Billion
Strikes, Riots, Civil Commotion Spur Interest in War, Political Violence Coverage
McKinsey’s Varney: Commercial Insurers at Economic Inflection Point
Rhoads’ Yu: Compliance Should Be Top of Mind for Insurers in 2023
Former Delaware Captive Director Is OK in Oklahoma
'Rewilding’ Horses Aims to Mitigate Wildfires, Reduce Insured Losses
PAMIC Attendees: Mutual Insurers' Strength Is Longer-Term Perspective
Allianz Risk Consulting's Miner: Evolving Risk Mitigation Strategies Implemented for Awards Shows
Aeolus-SUNY Partnership Aims to Improve Hurricane Prediction
Electric Cars Accelerate Cyber and Property Risks, Lower Crash Frequency and Distracted Driving
Aartrijk CEO: Independent Agent System Evolved Into Diverse Collection of Channels
The Institutes' Miller: The Best Risks Are the Ones Insurers Help Customers Avoid
EIS’s Chval: Engage the Insurance World With Digital Experiences
Parametric Policy to Fund Restoration of Hawaiian Coral Reefs
Cyber, Business Interruption Still Atop Allianz Risk Barometer
Author: CEOs Must Connect Traditional Capacities, New Capabilities
Aon Edge’s Dickson: Floods in California Highlight the Unpredictability, Insurance Need
Forester’s Berman: Intersection of Technology and Living Benefits Provides Added Value
TransUnion's McElroy: 34% of Consumers Don't Have Life Insurance
Near Space Labs CEO: Stratospheric Imaging Robots Help Assess Property, Respond to Disasters
Conning Survey: Risk Management, Sustainability Continue to Grow
FM Global’s Hodge: Inflation Still Key Factor for Every Insurer
St. John’s: Travelers’ Schnitzer Gains Insurance Leader Honor
The General's Barlow: App Simplifies Process, Information Access
Crypto Insurance Targets New Risks, Capital Uses
EY’s Majkowski: Embedded Insurance Could See Significant Growth in 2023
Conning’s Sega: New Congress Likely to Have Little Impact on Insurers
Economic Environment Dominated Global Reinsurance Discussions at Rendez-Vous
Author: Cyber Insurance Fails To Curb Cybersecurity Losses
Insurers Keeping a Wary Eye on Inflation in 2023
Archipelago’s Shah: Rate, Capacity to Create Another Challenging Year for Property Insurance
Swiss Re’s Majewski: Health & Wellness Programs Benefit Life Insurers
Charles Taylor's Sophy: Claims Inflation Expected to Continue in 2023
Travelers’ Iglesias: Coaching App Responds to Injured Employees
2022: The Insurance Industry Year in Review
Lloyd’s Tiernan: Rising Global Uncertainty Calls for Industry to Step Up
Beat Capital Chair: Modeling Skills Help MGAs Build Partnerships With Capital Providers
Munich Re’s Kerner: Look for Continue Growth in E&S
Bain Capital Insurance Aims to Widen Availability of Surplus Notes
RPS’ Fuchs: Low Emission Technology Is Reshaping Underwriting for Energy
Joint Forum Attendees: Rising Inflation Puts the Spotlight on Smart Underwriting, Pricing
IICF Raises $1.3 Million at Annual New York Gala
Munich Re’s Giguere: M&A, Technology, Distribution Changing Landscape of Life Insurance
Author: Focus Growing on Harnessing Insurance, Risk Transfer Tools
In The War on Talent, Program Professionals Believe They Hold the High Ground
Delta's Pollard: Mitigation Is Key to Managing Risk for the Asia-Pacific Region Insurance Group
MS Reinsurance CEO: Capacity Windows Are Closing
Pandemic Shutdown Spotlighted Adaptability of Insurance Program Sector
Swiss Re’s Léger: Reinsurers Are Voice of the Industry
How Technology Is Changing the Role, Ranks of Insurance Agents
Munich Re’s Prussog: Companies Rebalance Underwriting Away From Nat Cat
Saint Joseph’s University Honors Michael Angelina
Goose's Kaywan: App Uses Technology to Help Remove Barriers in Purchasing Insurance
Authors: Risk Managers Turning to Machine Learning and AI to Forecast, Evaluate Financial Risks
Conner Strong’s Tiagwad Honored by Peers at ISOP Gala
IOA’s Bridges: Rates, Cyberrisk, Weather Challenge Agribusinesses
SCI 360’s Sturgis: App Helps Insurers Streamline Claims Processing, Boost Accuracy
AM Best: Insurance Growth in Some Asia Markets Could Outperform the Economy
Superstorm Sandy: Ten Years On
Ian’s Destruction Could Spur Changes to Florida Insurance Market
UE’s Abraham: Education Sector to Face Increased Demographic Shifts
Nayms’ Verbeeten: Crypto Insurance Provides Peace of Mind
CNA’s Hernandez: Cyberthreats, Regulatory Changes Among Top Risks for Businesses
Marsh McLennan’s Surminski: Updates to Flood Risk Index Include Impact Scenarios
Verisk Director: Rising Exposure, Inflation Among Cat-Loss Drivers in Asia-Pacific
Ensuro’s Mirabella: Need for Crypto DeFi Insurance Growing