Data & Technology

2022 AAIS Market Survey Results Reveal Most Pressing Industry Issues

Feb 2, 2023 / by AAIS posted in Community, Insights, Issues & Trends, Data & Technology, P&C Insurers, Legislation & Regulation, AAIS News & Views, AAIS Insights, Insurance Line of Business, Florida Insurance Market

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The Economy/Inflation, Talent Acquisition and Litigation Top Concerns; Integrity, Security and Accuracy Lead Priorities for Data/Technology

Throughout 2022, AAIS conducted several surveys from a cross-section of insurance professionals, many associated with insurance industry events. What emerged from these various surveys was a view of the top issues and concerns facing the industry as well as the priorities placed on data and technology initiatives. This summary presents the aggregated results of those surveys. We trust this information is useful for AAIS Members and other industry stakeholders as a catalyst for discussions surrounding the development of solutions for the most pressing issues that lie ahead.

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Premium Leakage Problem

Jan 24, 2023 / by Ash Naik posted in Insights, Issues & Trends, Data & Technology, New/Emerging Risks, Auto, AAIS News & Views, AAIS Insights, Personal Auto

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Premium leakage is a critical issue for carriers writing personal auto insurance, particularly with the rising severity of claims. However, by utilizing data and building partnerships with auto manufacturers, data providers and new insurtech vendors; carriers can take steps to limit exposures due to incorrect mileage and garaged locations. Join us in building a community to solve this problem.

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Fuel For Electric Vehicles: EV Needs & Efficiencies in California

Oct 13, 2022 / by Ash Naik posted in Insights, Issues & Trends, Data & Technology, New/Emerging Risks, Auto, AAIS News & Views, AAIS Insights, Personal Auto

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Recent discouragement of charging electric vehicles (EVs) by officials in California in the wake of a severe heatwave prompted further research into power generation, EV charging needs and efficiencies as we move towards an “all-electric” future.

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Jarus Vice President Discusses Data Collection, Digitalization & Industry Shifts to Look For in 2023

Oct 11, 2022 / by AAIS posted in Insights, Data & Technology, NAMIC, AAIS Views, Jarus Technologies, Jarus

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At the 2022 NAMIC Annual Convention, AAIS interviewed Jarus Technologies Vice President Bala Kumar and he discussed key trends that will be important for insurers to prioritize moving into 2023.

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BriteCore CMO Discusses Technology Needs, Adapting to Industry Changes, and More…

Oct 6, 2022 / by AAIS posted in Insights, Data & Technology, BriteCore, NAMIC, AAIS Views

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At the 2022 NAMIC Annual Convention, AAIS interviewed BriteCore Chief Marketing Officer Amede Hungerford about current issues and trends across the insurance industry, and what insurers can expect moving into 2023.

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AM Best CEO Discusses Talent Acquisition, Inflation, and Other Industry Hot Topics…

Oct 5, 2022 / by AAIS posted in Insights, Data & Technology, NAMIC, AM Best, AAIS Views

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At the 2022 NAMIC Annual Convention, AAIS sat down with AM Best President and CEO Matthew Mosher to discuss industry issues and trends, their impacts on 2023 strategies, his advice for insurers, and more.

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Pinnacle Senior Actuary Consultant Discusses Increased Use of Data & Analytics, Latest Trends, and More...

Oct 4, 2022 / by AAIS posted in Insights, Data & Technology, NAMIC, AAIS Views, PINNACLE

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At the 2022 NAMIC Annual Convention, AAIS interviewed Pinnacle Actuarial Resources Consulting Actuary Gary Wang about issues and trends currently impacting the insurance industry. He also weighed in on future strategies and shared some advice for insurers as we move into 2023.

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North Dakota Insurance Commissioner Discusses POC Testing openIDL Blockchain to Assess Uninsured Driver Issue

Aug 1, 2022 / by AAIS posted in openIDL, Issues & Trends, Data & Technology, Insurance News/Current Events, Auto, Blockchain, Data/Tech, Linux Foundation, auto insurance, Regulatory Reporting, North Dakota Insurance

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Hanover Exec Discusses Current Data and Info-Sharing Trends

May 4, 2022 / by AAIS posted in openIDL, Technology, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Tech News, Regulatory/Compliance, AAIS Pulse, Data/Tech, Analytics Insurance, Regulators, The Hanover, Regulatory Reporting, Democratization of Data, GLC

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On a recent edition of AAIS Pulse, The Hanover SVP Scott Grieco sat down with AAIS SVP Operations, Joan Zerkovich, for a “Tech Talk” discussing current technology trends, and methods for modernizing the way insurers think about data and information sharing.

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Crawford CEO Provides Market Report

May 2, 2022 / by AAIS posted in Insights, Technology, Insurance, Data & Technology, COVID-19, Telematics, Climate Change, Auto, Innovation, AAIS Pulse, pandemic, Economy, auto insurance, NatCats

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On a recent edition of AAIS Pulse, Crawford & Company CEO Rohit Verma and AAIS VP of Products John Kadous sat down to discuss the state of the insurance market, including topics such as the economy and supply chain, auto risks, climate change and natural catastrophes, data, and technology, and much more.

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AAIS Learning-Pandemic Coverage in the Age of COVID-19
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