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.

Dr. Matt Hinds-Aldrich, Senior Risk Strategy Lead, was a recent guest on the FNO InsureTech podcast, joining hosts Rob Beller and Lee Boyd to talk about how new thinking around data can enhance insurers’ ability to measure, rate and mitigate fire risk and the challenges associated with insuring the peril, particular in wildfire-prone areas such as California.

Phil Klotzbach, Research Scientist at the Colorado State University, stopped by The AAIS Executive Roundtable with a preview of the upcoming hurricane season in The Florida Report.

Litigation Tops Capital and Nat CAT Concerns

AAIS, a sponsor of the 2022 Florida Insurance Market Summit held March 21st to 23rd, polled attendees pre-event to understand what they perceive as the most pressing issues affecting the Florida market and the overall insurance industry.