In a special edition of the AAIS Webinar Series, CONVR VP Sales and Marketing Phil Alampi presented on the topic of "Artificial Intelligence: Creating Super Underwriters." Mr. Alampi discussed the growing impacts COVID-19 has had on insurers. With more than 75% of carriers seeing increases in business interruption claims, the demand for coverage is expectedly surging. This growing challenge has a positive side, however, for the impacts of COVID-19 have expedited the need for the industry to improve its ability to crunch data better and more efficiently.
Events (2)
Adding AI to the Underwriting Equation
Aug 4, 2020 / by AAIS posted in Community, Technology, Machine Learning/AI, Issues & Trends, Data & Technology, Events, COVID-19, Regulatory/Compliance, Insurance Operations, AAIS Webinar Series, Underwriting, Regulation, Compliance, Business Interruption, AI, AAIS Views, CONVR
Product Configuration: A “Brite” Future for Insurance
Aug 4, 2020 / by AAIS posted in Community, Insights, Technology, Issues & Trends, Data & Technology, Events, Tech News, Insurance Operations, AAIS Webinar Series, Data/Tech, Insurance Services/TPAs, Modeling/Actuarial, BriteCore, AAIS Views
In a well-attended edition to the AAIS Webinar Series, BriteCore’s Director of Product Configuration, Tricia Pattee discussed ways in which technology can support product changes, product configuration, rapid product development while giving a competitive edge.
COVID-19 Massive Industry Impact and Emerging Trends...An Analyst Perspective
Jul 9, 2020 / by AAIS posted in Community, Issues & Trends, Events, Insurance News/Current Events, AAIS Event Archive, COVID-19, Regulatory/Compliance, Telematics, P&C Insurers, Industry, 2020 VME, VJDowling, reinsurance, AAIS Views, hurricanes, NatCats
Recently, Dowling and Partners’ Gary Ransom spoke to AAIS CEO and President Ed Kelly during the Virtual Main Event, discussing how COVID-19 will touch nearly every aspect of the insurance ecosystem. The impact is pervasive. In fact, according to Mr. Ransom, the COVID-19 pandemic is on track to become the largest insurance event in history, according to one industry expert.
Insurance in a Post-COVID World
Jul 9, 2020 / by AAIS posted in Community, Issues & Trends, Events, Insurance News/Current Events, AAIS Event Archive, COVID-19, P&C Insurers, Display, 2020 VME, Greenberg Traurig, AAIS Views, risk mitigation, TRIA
The COVID-19 pandemic has changed the insurance industry – and the world – permanently, and one expert believes the industry will respond well to the challenges set forth by this catastrophic event. AAIS’s Nicole Milos spoke with Fred Karlinsky, Co-chair Insurance Regulatory and Transactions Practice at Greenberg Traurig, about his views on the COVID-19 pandemic and the short- and long-term impacts the pandemic could have on the insurance industry.
The Open Road to Real Change in the Insurance Industry
Jul 9, 2020 / by AAIS posted in openIDL, Community, Technology, Data & Technology, Events, AAIS Event Archive, Open Source, Tech News, Insurtech, Telematics, Auto, Blockchain, Latest News, Agile, Data/Tech, Insurance Services/TPAs, 2020 VME, IBM, Linux Foundation, Hyperledger, AAIS Views
IBM, who has partnered with AAIS on the development of the openIDL data-management platform on blockchain, has long been a strong proponent of open-source software development. Chris Ferris, an IBM Fellow and CTO for Open Technology at IBM, spoke to AAIS’s Joan Zerkovich on the importance of the open-source concept and the powerful outcomes IBM has seen from building technology in an open environment.
Looking Back and Looking Forward with a ‘Father of the Internet’
Jun 20, 2020 / by AAIS posted in Community, Data & Technology, Data Management/Distributed Ledger, Events, AAIS Event Archives, Data/Tech, 2020 VME, google, National Science Foundation, AAIS Views, Vint Cerf
The Internet was built on the concepts of open source, open collaboration, and cooperation. One industry pioneer believes these principles can and should be put into use today for continued success.
Be 'The Calm Person in the Boat...Leadership During COVID-19
Jun 16, 2020 / by AAIS posted in Community, Events, AAIS Event Archive, COVID-19, P&C Insurers, Industry, Leadership, 2020 VME
The COVID-19 pandemic has brought great uncertainty…among families, companies, communities, and the world. Leaders must understand how to overcome their own fears to inspire and engage their teams during this difficult time. But how can leaders be calm, assertive and decisive to help their teams continue to succeed?
NAIC CEO discusses Regulator Pandemic Response
Jun 16, 2020 / by AAIS posted in Community, Issues & Trends, Events, Insurance News/Current Events, AAIS Event Archive, Industry Associations, COVID-19, Regulatory/Compliance, Legislation & Regulation, 2020 VME, NAIC, pandemic, AAIS Views, NatCats
The COVID-19 pandemic proved what National Association of Insurance Commissioners CEO Mike Consedine already knew – the regulatory community is swift, nimble, and creative when dealing with an unprecedented emergency.
A.M. Best is Eyeing Workers Comp and Business Interruption as Pandemic Response Continues
Jun 16, 2020 / by AAIS posted in Community, Issues & Trends, Events, AAIS Event Archive, COVID-19, New/Emerging Risks, P&C Insurers, Business, Executive, 2020 VME, AMBest, Business Interruption, AAIS Views
The emergence of the COVID-19 pandemic was a serious blow to the economy…but for the insurance industry, one expert believes that recovery is on the way. A.M. Best Chief Rating Officer Stefan Holzberger discussed how COVID-19 is impacting the insurance ecosystem during the AAIS Virtual Main Event.
NAMIC CEO: Emerging Tech/Blockchain to help Industry Respond to COVID
Jun 8, 2020 / by AAIS posted in openIDL, Community, Issues & Trends, Events, Insurance News/Current Events, AAIS Event Archive, Industry Associations, COVID-19, P&C Insurers, Blockchain, Industry, 2020 VME, pandemic, Data Call, Mutual Insurance, NAMIC, AAIS Views, GLC, TRIA
The COVID-19 pandemic has significantly challenged the insurance industry, but NAMIC CEO Chuck Chamness believes our resilience, adaptability, and focus on emerging technologies like blockchain will help us to emerge stronger than ever.