Posts Tagged ‘GC@MC Commentary 2018’



September 11th, 2018

Data and Analytics Support Innovations in Flood Risk Management - GC@MC Commentary

Posted at 1:00 AM ET

cleary_liz_photo21 Elizabeth Cleary, Managing Director

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  • Increased computing power is fueling innovative solutions for flood underwriting
  • Insurers are using technology to communicate a homeowner’s flood risk with mobile apps
  • Guy Carpenter works extensively with most commercial vendor flood models Continue reading…
September 11th, 2018

Accounting Changes Impacting the Reinsurance Landscape - GC@MC Commentary

Posted at 1:00 AM ET

achtert_blende11_s hettinger_cropped3lightfoot_david_300x300Frank Achtert, Head of Capital Optimization, EMEA; Tom Hettinger, Strategic Advisory Leader, U.S./Canada; David Lightfoot, Head of Global Strategic Advisory – Asia Pacific and Latin America

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  • With IFRS 17, reinsurance for managing capital KPIs needs to be different in type/scale
  • Users of internal capital models must ensure flexibility of underlying simulation platform
  • Accounting for reinsurance contracts separate from underlying contracts Continue reading…
September 10th, 2018

Closing the Gap: Public Sector Risk Financing Solutions Increase Community Resiliency - GC@MC Commentary

Posted at 1:00 AM ET

clark_jonathan-headshotJonathan Clark, Head of Public Sector Specialty, U.S.

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  • Only 33 percent of economic disasters are alleviated through (re)insurance
  • Recent functional risk transfer mechanisms use advances in data, analytics and modeling
  • Guy Carpenter and GC Securities* are working with over 100 public entities around the globe Continue reading…
September 10th, 2018

Maintaining Momentum - GC@MC Commentary

Posted at 1:00 AM ET

potter_des_photograph1 Des Potter, Managing Director, GC Securities*

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  • Innovation key to London’s ILS success
  • Robust pipeline of new applications
  • Industry must work proactively with Prudential Regulatory Authority Continue reading…
September 9th, 2018

Unlocking Innovation Through InsurTech - GC@MC Commentary

Posted at 1:00 AM ET

claude-yoder-cropClaude Yoder, Global Head of Innovation and Product Development

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  • InsurTech represents fundamental forces of data, analytics and technology advancements
  • Technological innovations are helping insurance processes
  • Guy Carpenter is taking deep and comprehensive approach to help clients make the best decision

Continue reading…

September 9th, 2018

A Strategy for Market Volatility: Portfolio Optimization - GC@MC Commentary

Posted at 1:00 AM ET

dhru_jay_1day_matthew_biosnyder_jack_bioJay Dhru, Global Head of Business Intelligence; Matthew Day, Managing Director; Jack Snyder, Managing Director, Ratings Advisory

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  • Rising loss costs and expenses consume an ever larger portion of reserves
  • Optimized portfolio construction as vital as upfront underwriting of a risk
  • Excess capacity is pressuring insurers’ underwriting profitability

Continue reading…

September 7th, 2018

A Strategic Approach to Profitable Growth - GC@MC Commentary

Posted at 1:00 AM ET

priebe_david_croppedDavid Priebe, Vice Chairman

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  • Availability of rich data sets and analytic solutions enables evaluation of opportunities
  • Companies seeking growth must evaluate their existing distribution channels
  • Drones and self-driving cars present challenges for (re)insurers Continue reading…
September 7th, 2018

MGAs – Value at What Cost? - GC@MC Commentary

Posted at 1:00 AM ET

carter_vicky_bio2016Vicky Carter, Vice Chairman – Global Strategic Advisory

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  • Value proposition of MGAs under increasing scrutiny
  • Automation critical to maintaining low cost base
  • Remuneration on profit vs commission fees Continue reading…