Underwriting
Viewpoint: Strong In-House Claims Functions Help Build Trust in MGA Sector
The managing general agent (MGA) market is in the spotlight as one of the most agile and innovative arrows of growth for the insurance sector. But as with any arrow, direction and precision matter. ...
All Commercial Insurance Lines Except One in ‘Soft-Market Territory’: WTW
Moment of opportunity. Clear horizons. The latest WTW Marketplace Realities report, published in early October, is heavy on descriptions of a "unique and promising" inflection point for commercial ...
High Demand for Gen AI Insurance; Buyers Say They’ll Pay More: Report
A new survey of corporate insurance buyers reveals widespread interest in buying insurance to cover Gen AI risks—and a willingness to pay up 10-20 percent more in organization-wide insurance ...
Insurers Fighting $345M Georgia School Abuse Award, With Policy Wording at Issue
In one of the grimmest, longest-running and most-litigated episodes of alleged child sexual abuse at a private school, the key question in a case now before the Georgia Court of Appeals is whether ...
The Underwriter Redefined
For decades, underwriting was defined by manual processing and a great deal of paperwork. Broker submissions typically arrived by email, requiring underwriters or their ...
The Governance Test for AI in Underwriting
Artificial intelligence is reshaping insurance underwriting.
Submission intake, triage, routine data collection and pricing models for ...
The Year So Far: Liberty Improves Most Among Nationals; Discipline Tested
A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly 88, and a year-to-date ratio of just under 92 for a cohort of 27 ...
State of the Commercial Transportation Insurance Market: Amwins
The fleet market's supply chain issues, added fuel surcharges, and high-dollar claims are reminiscent of 2020, according to the latest Amwins' State of the Market Transportation report. With the full ...