Today's auto insurers are navigating unprecedented challenges. As part of the AAIS Webinar Series, AAIS hosted a virtual presentation on November 16, 2023, moderated by Vice President of Products, John Kadous, and featured Product Manager of Commercial and Personal Auto, Auto Naik. The two discussed current market conditions like premium pricing, compliance, regulation, and technology, and how these challenges are pushing carriers to their limits. They also explored the growing need for adaptable solutions and tools that will empower insurers to confidently navigate the industry's shifting terrain, including a demonstration of an AAIS solution called Mindmaps which is equipping carriers to drive ahead in these uncertain times.
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Drive Ahead: Overcoming Today's Auto Insurance Challenges
Nov 28, 2023 / by AAIS posted in Technology, Commercial Auto, Personal Auto, AAIS Webinar Series, auto insurance, Insurance Market, AAIS Auto Program
AAIS Vice President of Products Reveals Organizational Opportunities in the MGA Segment & Member Support Initiatives
Oct 17, 2023 / by AAIS posted in Technology, Insurtech, membership, Data/Tech, Advisory Report, MGA
For this Advisory Report, AAIS spoke with its Vice President of Products, John Kadous. He discussed current issues for insurance carriers, opportunities in the MGA segment, how AAIS is supporting its Members, and more.
AAIS President & CEO’s View on Addressing Market Challenges with Data & His Vision for AAIS and Its Members
Oct 10, 2023 / by AAIS posted in Data & Technology, Data, AAIS Insights, membership, Data/Tech, Insurance Market, Advisory Report
For this Advisory Report, AAIS spoke with its President and CEO, Werner Kruck. He discussed the biggest market challenges and how to address them with data, a better approach to the “data problem,” how AAIS is supporting its Members, and his outlook on AAIS moving forward.
e2Value Executive Vice President Discusses Trends Affecting Mutuals and Economic Impact on the Market
Oct 3, 2023 / by AAIS posted in Mutual Insurance, NAMIC, Economy, Insurance Market, E2Value
The National Association of Mutual Insurers (NAMIC) held its 2023 Annual Convention on September 17-20 in National Harbor, Maryland. During the convention, AAIS sat down with Debbie Wagner, Executive Vice President of e2Value, to discuss the major trends affecting mutual insurers, how the economy is impacting the market, and what e2Value is doing to help carriers.
Jarus Technologies Vice President Analyzes Top Issues for Insurance Carriers and How They Are Addressing Market Challenges
Sep 29, 2023 / by AAIS posted in Personal Lines, Technology, Data/Tech, Underwriting, NAMIC, Insurance Market, Jarus Technologies
The National Association of Mutual Insurers (NAMIC) held its 2023 Annual Convention on September 17-20 in National Harbor, Maryland. During the convention, AAIS sat down with Bala Kumar, Co-Founder and Vice President of Jarus Technologies, to discuss top issues insurance carriers are facing, how to address them, how Jarus Technologies is helping carriers and its upcoming initiatives.
Experts From AM Best Break Down CAT Losses & Reinsurance, Mutual Market Size, and Rating Implications
Sep 27, 2023 / by AAIS posted in reinsurance, Mutual Insurance, NAMIC, AM Best, Insurance Market
The National Association of Mutual Insurers (NAMIC) held its 2023 Annual Convention on September 17-20 in National Harbor, Maryland. During the convention, AAIS sat down with Brian O’Larte, Director of Ratings Analytics at AM Best, and Lauren Magro, Financial Analyst at AM Best, to discuss CAT losses and reinsurance, the importance of company size in the mutual market, strategies to address the market, rating implications for mutuals, and more.
Bob Hartwig Examines Economic Effects on the Market, Trends Affecting Carriers, and the Impact of an Election Year
Sep 25, 2023 / by AAIS posted in Regulation, reinsurance, NAMIC, Economy, property & casualty, University of South Carolina
The National Association of Mutual Insurers (NAMIC) held its 2023 Annual Convention on September 17-20 in National Harbor, Maryland. During the convention, AAIS sat down with Professor Bob Hartwig, Ph.D., CPCU, Director of the Center for Risk and Uncertainty Management at the University of South Carolina, to discuss the effect of the U.S. economy on the insurance market, the current state of the reinsurance market, trends affecting carriers, and the impact of an election year.
Contractor Risk Product Demo ft. OwlSurance
Sep 22, 2023 / by AAIS posted in Inland Marine, New/Emerging Risks, AAIS Webinar Series, Risk, BizDynamics, OwlSurance
AAIS hosted a virtual presentation on September 14, 2023, featuring AAIS Partner OwlSurance (formerly BizDynamics), a business unit of ValueMomentum, for a demonstration of their contractor risk product. Hosted by Stephanie Vasey, Product Manager of Commercial Lines and Inland Marine at AAIS, the demo was led by Bob Ridinger, Vice President of Sales and Business Development at OwlSurance, and Anand Rajaraman, Vice President of Product Management at OwlSurance.
NAMIC CEO Talks Industry Challenges, Litigation & Regulation Concerns, and New NAMIC Initiatives
Sep 21, 2023 / by AAIS posted in Industry Associations, Legislation & Regulation, Mutual Insurance, NAMIC
The National Association of Mutual Insurers (NAMIC) held its 2023 Annual Convention on September 17-20 in National Harbor, Maryland. During the convention, AAIS sat down with Neil Alldredge, President & CEO of NAMIC, to discuss the biggest challenges facing the industry, how mutual insurers are overcoming these challenges, current legislation/regulation concerns, what’s on the horizon at NAMIC, and more.
WAMIC President Patrick Laws Discusses U.S./Wisconsin Market Challenges & WAMIC Convention
Aug 29, 2023 / by AAIS posted in Industry Associations, reinsurance, Insurance Market, WAMIC, Advisory Report, Wisconsin
For this Advisory Report, AAIS spoke with Patrick Laws, President of the Wisconsin Association of Mutual Insurance Companies (WAMIC) ahead of the 2023 WAMIC Convention. He discussed the biggest challenges facing the U.S. and Wisconsin insurance markets, how WAMIC is supporting its members amongst these challenges, and what to look forward to at this year’s convention.