Insurers Dodge a Bullet on Q1 Catastrophes
Although insurers’ exposure to costly catastrophes in the first quarter of 2012 was much less severe than what they experienced in the same period a year ago, they are facing new and complicated challenges in areas as diverse as healthcare claims, mobile security and domain/brand protection. Here’s some of what was top of mind for the industry this past week.
Talk of the Industry: Who Said What in Insurance and Technology This Week
People in the insurance and technology industries have been debating everything from social media analytics to regulatory uncertainty to policy administration modernization challenges. Insurance & Technology gathered some of these words of wisdom, concern and inquiry about some of the week’s most interesting developments that could influence the insurance business.
How Insurers Are Modernizing the Actuarial Environment
Market fluctuations, changes in consumer expectations and product designs, and new risk modeling techniques are increasing the pressure on carriers to modernize their approach to the actuarial sciences. What are the requirements of a modern actuarial environment, and what technologies can help insurers meet current and future modeling needs?
Top Quotes of The Week From The Insurance Tech Industry
Devastating tornadoes, confrontation over healthcare reform, examination of the risks and rewards of consumerization – all in a week’s work for the insurance industry. Insurance & Technology collected some of the words of wisdom, concern and inquiry from insurance executives and other industry influencers about some of the week’s big developments that could have a big impact on the insurance business.