Check out a recent post on ransomware and Cyber Risk Insurance, and the perfect storm – on the Specialty Insurance Blog, providing periodic information on the insurance business, with a focus on specialty lines and professional liability insurance.
New York Cybersecurity Regulation – Insurance Agents/Brokers
Excerpt: Check out a recent post on New York Cybersecurity Regulation enforcement and its potential impact on Insurance Agents/Brokers – on the Specialty Insurance Blog, providing periodic information on the insurance business, with a focus on specialty lines and professional liability insurance.
What Are Your Insurance Metrics?
The right metrics are leading indicators for where you are headed. For an early-stage company, tracking the right metrics can provide critical operational and sales intelligence. Have you developed a set of metrics that are leading indicators for your business?
Growth in the Surplus Lines Market
Check out a recent post on growth in Surplus Lines – on the Specialty Insurance Blog, providing periodic information on the insurance business, with a focus on specialty lines and professional liability insurance.
The Opportunity of Unstructured Data
Insurance is in the early stages of a dramatic transformation driven by data analytics, and unstructured data will play a key role in the industry’s analytics. As AI applications become more advanced, more sophisticated methods of analyzing insurance data and developing unique insights will provide and edge to leading insurance organizations.
Underwriting Takeaways for Insurtechs
Startup insurers & MGAs can drive change in the insurance business, but successful risk taking requires disciplined underwriting. Best insurance underwriting practices might be helpful to underwriting driven Insurtechs. And the age of Insurtech is not the first time that newly formed insurers and MGAs have changed the insurance industry’s approach to underwriting difficult risks.
Program Managers Involved with Insurtech
Insurance program managers (MGAs) are increasing their involvement with insurtech, including product development and business process applications.
Wire Transfer Fraud Exposure for Private Investors – Update
Private investors, such as angel, venture capital and private equity investors, along with the private companies and startups they invest in, have significant wire transfer fraud exposure. The large wire transfers occurring between investors and portfolio companies could be vulnerable to cyber crime theft, and a few preventative steps can significantly reduce the exposure.
Specialty Insurance Blog
Check out our related blog – the Specialty Insurance Blog, providing periodic information on the insurance business, with a focus on specialty lines and professional liability insurance.
Munich Re – Emerging Tech Trends Impacting Insurance
The Tech Trend Radar 2020 – stay prepared amidst uncertainties, from Munich Re, contains an up to date summary of technology trends, including a section on digital ecosystems. Digital ecosystems will likely have a significant impact on insurance distribution.