Today's work environment has shifted significantly, and employers are faced with a pressing need to offer both remote and hybrid working styles to accommodate workforce needs as well as attract top talent. As part of the AAIS Webinar Series, AAIS hosted a virtual presentation on May 4, 2023, featuring AAIS Partners WSRB/BuidingMetrix, Inc. and WAHVE. Moderated by AAIS Director of Marketing and Communications, John Greene, the presentation explored what it takes to acquire talent as well as manage them successfully within these new working parameters. Panelists Karl Newman, CEO of WSRB/BuildingMetrix, Inc., and Rick Morgan, Chief Marketing Officer of WAHVE, discussed what type of working environment current job seekers are looking for, how employers can recruit talent that fits this model, onboarding best practices, and ways to lead and motivate a virtual team successfully.
AAIS Webinar ft. WSRB & WAHVE: Explore Acquiring Talent & Leading a Team in a Virtual World
May 24, 2023 / by AAIS posted in Working in Insurance, Remote Work, AAIS Webinar Series, WAHVE, WSRB
Advisory Report: Merchants Insurance Group President Charlie Makey Shares Current Market Challenges & NYIA Annual Conference
May 22, 2023 / by AAIS posted in Industry Associations, NYIA, Merchants Insurance Group, Insurance Market
For this Advisory Report, AAIS spoke with Charlie Makey, President of Merchants Insurance Groupand New York Insurance Association (NYIA) Chair, ahead of the NYIA 2023 Annual Conference. He discussed the biggest challenges facing the U.S. market, how Merchants Insurance Group is responding to these challenges, and what to look forward to at this year’s Annual Conference.
Tapoly CEO Shares How Insurance Companies Can Achieve Efficiency Utilizing Automated Technology
May 18, 2023 / by Janthana Kaenprakhamroy posted in Insights, Technology, Issues & Trends, Data & Technology, Insurtech, Blockchain, AAIS News & Views, AAIS Insights, Data/Tech, Artificial Intelligence, Machine Learning, Analytics, Tapoly
For the second part of our blog series featuring Tapoly, the digital provider of flexible insurance products and insurance technology solutions, CEO Janthana Kaenprakhamroy gives insight into how insurance companies can utilize automated technology to achieve efficiency. Kaenprakhamroy delves into how this technology can be utilized, where to apply these solutions within a company, obstacles insurers may face, and how SaaS solutions can help.
Advisory Report: ENIA President & CEO Norm Orlowski Identifies Insurance Market Challenges, Legislation/Regulation Hot Topics & NYIA Annual Conference
May 15, 2023 / by AAIS posted in Industry Associations, Legislation & Regulation, NYIA, New York, Advisory Report
For this Advisory Report, AAIS spoke with Norm Orlowski, President and CEO ofErie and Niagara Insurance Association (ENIA) and Treasurer of the New York Insurance Association (NYIA), ahead of the NYIA 2023 Annual Conference. He discussed the biggest challenges facing the U.S. market, the legislation and regulation issues ENIA is watching, and what to look forward to at this year’s Annual Conference.
AAIS Webinar ft. OneShield Discusses Property Preparedness & Bracing for the Future of Commercial Insurance
May 11, 2023 / by AAIS posted in Personal Lines, P&C Insurers, Commercial Lines, AAIS Webinar Series, P&C, property & casualty
Inflation, fluctuations in building costs, and hardening reinsurance markets demand new approaches to portfolio management for commercial insurers. As part of our AAIS Webinar Series, AAIS hosted a virtual presentation on March 16, 2023, featuring AAIS Partner OneShield, the cloud-based, core systems platform providing business solutions for MGAs and P&C insurers. The session was hosted by Stephanie Vasey, Product Manager of Commercial Lines and Inland Marine at AAIS, and moderated by John Dunn, Vice President of OneShield. Their discussion explained how to reduce risk overall and addressed the inflationary economic conditions with a greater understanding of insuring commercial properties. Industry panelists Jeff Heine, Chief Revenue Officer of Betterview, and Skip Coan, Vice President of e2Value, Inc., showed attendees how aerial imagery, data analytics, and property estimation tools bring a new level of accuracy and transparency to the commercial property policy lifecycle.
Advisory Report: NYIA President Ellen Melchionni Discusses Unique New York Insurance Market, Member Support & Upcoming Annual Conference
May 8, 2023 / by AAIS posted in Industry Associations, NYIA, New York, Advisory Report
For this Advisory Report, AAIS spoke with Ellen Melchionni, President of the New York Insurance Association (NYIA) ahead of the NYIA 2023 Annual Conference. She discussed what makes the New York insurance market unique, how NYIA is currently supporting members, and what to look forward to at this year’s Annual Conference.
2023 DriverScape Summary: Auto Consumer Attitude Towards UBI
May 4, 2023 / by Ash Naik posted in Issues & Trends, Telematics, Auto, Commercial Auto, Personal Auto, AAIS Views, auto insurance, UBI, Usage Based Insurance
Personal Auto Insurance is experiencing an unprecedented transformation driven by increasing improvements in telematics. One area leading the transformation is Usage-based Insurance (UBI). While this technology has existed for more than 10 years, it is finally being accepted and adopted by insurance carriers and drivers alike in significant numbers. Fueled by the evolution of telematics, risk models, and pricing; UBI is experiencing quicker-than-anticipated growth. Carriers are presented with new opportunities and challenges unlike any ever before in this new world of technology-driven innovation.
Andrew Mais Explains Initiatives Addressing the Coverage Gap for Connecticut DOI
May 1, 2023 / by AAIS posted in Climate Change, AAIS Pulse, Regulators, Connecticut
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.
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.