Posts Tagged ‘insurtech’



December 18th, 2018

Ensuring Innovation Is More Than a Cliché

Posted at 1:00 AM ET

bentley_rob_150x150The numerous challenges the insurance industry faces mean that innovation is critical to tackling them. Rob Bentley, Chief Executive Officer of Guy Carpenter’s Global Strategic Advisory, describes how Guy Carpenter is helping its clients manage these challenges—especially the conundrum of InsurTech, in an interview that appeared in Intelligent Insurer magazine.

Rate pressure, lower investment income, emerging risks, evolving technologies, new capital sources and regulatory changes are creating an environment in which earnings and growth are impacted. How do companies find opportunity in such conditions?

Continue reading…

December 5th, 2018

Ensuring innovation is more than a cliché

Posted at 1:00 AM ET

bentley_rob_150x150The numerous challenges the insurance industry faces mean that innovation is critical to tackling them. Rob Bentley, Chief Executive Officer of Guy Carpenter’s Global Strategic Advisory, describes how Guy Carpenter is helping its clients manage these challenges—especially the conundrum of InsurTech, in an interview that appeared in Intelligent Insurer magazine.

Rate pressure, lower investment income, emerging risks, evolving technologies, new capital sources and regulatory changes are creating an environment in which earnings and growth are impacted. How do companies find opportunity in such conditions?

Continue reading…

October 29th, 2018

Life: Emerging Competition and the Need to Remake the Reinsurance Relationship - GC@PCI Commentary

Posted at 9:00 AM ET

rains_david-5-2015-reduced-sizeDavid Rains, Managing Director

Contact

  • Life reinsurance value prop a combination of risk capital, differentiated underwriting knowledge and value-added services
  • Availability of capital and insurers’ success in closing knowledge gap in underwriting reduce need to purchase risk protection
  • Reinsurers can position their InsurTech and advanced technologies to make advisory services a core deliverable

Continue reading…

October 29th, 2018

As Insurance Market Cycle Evolves, Carriers Must Review Underwriting Strategies

Posted at 8:00 AM ET

Guy Carpenter has completed its annual review of property & casualty (P&C) results and found that insurers’ operating environment today is very different than just a few short years ago.

Formerly stable lines produced significant volatility in 2017, while others that often struggle to produce underwriting returns enjoyed multi-decade highs in profitability. And the familiar underwriting cycle has decoupled materially across long-tail casualty lines, with profitability, growth and reserve development moving in widely different directions by line and segment. These are just a few of the findings reported in the company’s 2018 Risk Benchmarks Research Report, which focuses on the risk and performance of US P&C insurers. Continue reading…

October 29th, 2018

Solutions for Improving Profitability in the Commercial Auto Liability Line - GC@PCI Commentary

Posted at 1:00 AM ET

durant_nick_photo_0088-croppedNick Durant, Managing Director

Contact

  • Unexpected acceleration in claims frequency related to increased road mileage and congestion
  • Insurers use sophisticated models to analyze new and existing data for optimized pricing and risk selection
  • InsurTech solutions are emerging that permit insurers to price their risks with more accuracy

Continue reading…

October 22nd, 2018

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

Posted at 9:00 AM ET

carter_vicky_bio2016Vicky Carter, Vice Chairman – Global Strategic Advisory

Contact

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

Continue reading…

October 22nd, 2018

Baden-Baden Reinsurance Symposium Explores Market Impact of Global (Re)insurance Composites

Posted at 2:00 AM ET

Guy Carpenter hosted the Reinsurance Symposium in Baden-Baden on October 21, the 10th year that Guy Carpenter has hosted the event. The theme of the Symposium was “Back to the past: a return to global composites.” Continue reading…

October 2nd, 2018

Finding the ‘Right’ InsurTech – The Efficient and Insurance-centric Strategy

Posted at 1:00 AM ET

claude-yoder-crop1Claude Yoder, Global Head of Innovation and Product Development

Contact

The transformational advances that have impacted nearly everything we do are quickly catching up with the insurance industry and the urgency to further automate and integrate technology into the business is rapidly rising.

Continue reading…

September 25th, 2018

Finding the ‘Right’ InsurTech – The Efficient and Insurance-centric Strategy

Posted at 1:11 PM ET

claude-yoder-crop1Claude Yoder, Global Head of Innovation and Product Development

Contact

The transformational advances that have impacted nearly everything we do are quickly catching up with the insurance industry and the urgency to further automate and integrate technology into the business is rapidly rising.

Continue reading…