In this bonus coverage from the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with Andrew Mais, Commissioner of the Connecticut Insurance Department (DOI) and NAIC President-Elect about initiatives for the Connecticut DOI in 2023.
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Andrew Mais Explains Initiatives Addressing the Coverage Gap for Connecticut DOI
May 1, 2023 / by AAIS posted in Climate Change, AAIS Pulse, Regulators, Connecticut
Virginia Bureau of Insurance's Eric Lowe Talks New Data & Cyber Initiatives
Apr 28, 2023 / by AAIS posted in Data & Technology, Tech News, Cyber, Security, Data/Tech, Regulators, Virginia
For this Regulatory Brief, AAIS spoke with Eric Lowe, Chief of Data Analytics and Cyber Initiatives at the Virginia Bureau of Insurance to discuss the new data, cyber, technology, and security initiatives taking place in Virginia for 2023.
AAIS Pulse Replay: Open-Source Solutions for Today’s Insurance Challenges
Apr 26, 2023 / by AAIS posted in openIDL, Technology, Data Management/Distributed Ledger, Open Source, Blockchain, AAIS Pulse, Linux Foundation, Hyperledger
There have been many obstacles in solving data and technology issues across the insurance ecosystem and other industries have raised their game with an open-source mindset. In the AAIS Pulse session, Open-Source Solutions for Today’s Insurance Challenges, host Joan Zerkovich, Senior Vice President of Operations at AAIS, led a discussion with Daniela Barbosa, General Manager of Blockchain and Identity at The Linux Foundation and Executive Director of the Hyperledger Foundation, and Hart Montgomery, CTO at the Hyperledger Foundation, to explore what insurance challenges could be addressed in an open-source environment. They examined how initiatives like openIDL are different from past efforts in the industry and how carriers and other stakeholders get involved in leveraging these technologies to define the future of information-sharing in insurance.
ND Commissioner Talks Banking Fallout, openIDL, and Other 2023 Initiatives
Apr 24, 2023 / by AAIS posted in openIDL, Data Management/Distributed Ledger, AAIS Pulse, NAIC, Regulators, North Dakota Insurance
In the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with multiple leading regulators for their insights on trending regulatory topics including Jon Godfread, Insurance Commissioner for the North Dakota Insurance Department and NAIC Vice President. In this interview, Godfread talked about potential repercussions from the Silicon Valley Bank fallout and FDIC bailout, POC testing with openIDL, top initiatives for North Dakota, and more.
NAIC Secretary-Treasurer Scott White Reviews NAIC’s Focus on Climate Risk and Resiliency, Artificial Intelligence, and Modernization Efforts
Apr 21, 2023 / by AAIS posted in Machine Learning/AI, Blockchain, AAIS Pulse, NAIC, Regulators, Artificial Intelligence, Machine Learning, Virginia
In the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with multiple leading regulators for their insights on trending regulatory topics including Scott White, Commissioner of the Virginia State Corporation’s Bureau of Insurance and NAIC Secretary-Treasurer. In this interview, White talks about his top issues of concern for the NAIC in 2023, artificial intelligence (AI) and blockchain in insurance, key initiatives for the state of Virginia, and more.
Advisory Report: IMUA President & Deputy Chair Discuss State of Inland Marine Market Ahead of 92nd Annual Meeting
Apr 19, 2023 / by AAIS posted in Inland Marine, Industry Associations, IMUA
For this Advisory Report, Stephanie Vasey, Product Manager of Commercial Lines & Inland Marine at AAIS sat down with Kevin O’Brien, President and CEO of IMUA, and Tony Falcone, Regional President of Intact Insurance Specialty Solutions and Deputy Chair of IMUA. They discussed the biggest underwriting issues arising due to the economy, the current outlook of the cargo industry’s effect on insurance coverage, what’s new at the IMUA, and more.
NAIC President-Elect Andrew Mais Discusses Mike Consedine Departure, NAIC Initiatives, and Modern Policy Reviews
Apr 14, 2023 / by AAIS posted in Machine Learning/AI, AAIS Pulse, NAIC, Regulators, Artificial Intelligence, Machine Learning, Connecticut
In the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with multiple leading regulators for their insights on trending regulatory topics including Andrew Mais, Commissioner of the Connecticut Insurance Department and NAIC President-Elect. In this interview, Mais talked about his reaction to Mike Consedine’s departure from the NAIC, major initiatives for the NAIC in 2023, modernizing policy reviews in Connecticut, and more.
Acquiring & Onboarding Talent in a Virtual World with WAHVE CMO Rick Morgan
Apr 13, 2023 / by AAIS posted in Working in Insurance, Remote Work, WAHVE
AAIS recently spoke with Rick Morgan, Chief Marketing Officer of WAHVE (Work at Home Vintage Experts), a unique contract staffing talent solution serving the insurance industry, for a discussion about acquiring and onboarding talent in a virtual world. We asked him about the needs of today’s employers vs. employees, remote onboarding formalities, recruiting tips, and more.
NAIC President Director Chlora Lindley-Myers Talks DEI Progress in Insurance, Strategic Priorities, and C.A.L.M. Approach for 2023
Apr 12, 2023 / by AAIS posted in Legislation & Regulation, AAIS Pulse, NAIC, Regulators, DEI
In the AAIS Pulse session Commissioner’s Corner: Catching Up with National & State Insurance Regulators, host Lori Dreaver Munn, Director of Compliance and Government Relations at AAIS spoke with multiple leading regulators for their insights on trending regulatory topics including Chlora Lindley-Myers, Director of the Missouri Department of Commerce and Insurance and NAIC President. In this interview, Lindley-Myers discussed her approach going into this year’s presidency, initiatives currently underway for 2023, progress in the area of Diversity, Equity, and Inclusion (DEI) in the insurance industry, and more.
AAIS Webinar ft. BriteCore: How Leading Mutual Insurers Leverage Analytics to Improve Performance
Apr 6, 2023 / by AAIS posted in Data, AAIS Webinar Series, BriteCore, Statistical Reporting, Analytics
On Thursday, February 16, 2023, AAIS presented a webinar in partnership with BriteCore, the modern core platform for P&C insurers. Hosted by John Kadous, Vice President of Products at AAIS, and moderated by Amede Hungerford, Chief Marketing Officer at BriteCore, the discussion covered how top-performing companies leverage analytics to improve their business performance. Attendees learned cutting-edge techniques from industry peers on how to 'light up' their data and generate new insights; how reports, analytics, and dashboards each have an essential role to play in daily operations; and best practices from two leading mutual insurers that use BriteCore to guide their business.
Panelists included Alex Gann, Chief Information Officer and Chief Technology Officer of Farmers Fire Insurance, and Scott Page, Vice President of Cameron Mutual.