Insurance News/Current Events
North Dakota Insurance Commissioner Discusses POC Testing openIDL Blockchain to Assess Uninsured Driver Issue
Aug 1, 2022 / by AAIS posted in openIDL, Technology, Issues & Trends, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Tech News, Auto, Blockchain, Data/Tech, Linux Foundation, auto insurance, Regulatory Reporting, North Dakota Insurance
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
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.
IMUA Chair & CEO Discuss Changes in the Inland Marine Market
Apr 19, 2022 / by AAIS posted in Insights, Issues & Trends, Data & Technology, Inland Marine, Insurance News/Current Events, COVID-19, AAIS News & Views, AAIS Insights, IMUA
In this edition of CEO Angles, the topic turns to the tremendous changes affecting the Inland Marine insurance market. From supply chain issues and driver shortages to government infrastructure spending, automation, even cryptocurrency, all are putting pressure on inland marine underwriters to respond.
Using Data to Build Better Fire Protection
Apr 18, 2022 / by AAIS posted in Insights, Technology, Issues & Trends, Data & Technology, Insurance News/Current Events, Fire, AAIS News & Views, AAIS Insights, wildfire, Florida Insurance Market, NatCats
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.
How Regulation is Impacting Auto Insurance
Feb 16, 2022 / by Lori Dreaver Munn posted in Community, Issues & Trends, Insurance News/Current Events, Regulatory/Compliance, P&C Insurers, Auto, Commercial Auto, Legislation & Regulation, AAIS News & Views, AAIS Insights, Personal Auto, Regulation, Insurance Line of Business, auto insurance, GLC
Regulation plays an outsized role in the development of the auto insurance sector. Since the beginning of the pandemic, we have seen an even higher than usual impact from wild fluctuations in rates, claims, premiums, and consumer reimbursements, to activities impacting the industry itself.
Conning CEO Woody Bradford on Inflation, Crypto, ESG and More
Feb 3, 2022 / by AAIS posted in Issues & Trends, AAIS Events, Events, Insurance News/Current Events, Insurance Operations, Climate Change, Working in Insurance, P&C Insurers, AAIS News & Views, AAIS Insights, AAIS Pulse, AAIS Event Archives, Economy, talent, ESG, cryptocurrency, governance, environmental, Conning, Inflation
The AAIS Pulse newsmagazine recently featured an in-depth discussion with Woody Bradford, CEO and Chair of Conning, one of the leading global investment management firms serving the insurance industry. He chatted with AAIS CEO Ed Kelly on the investment environment for insurance companies, inflation, cryptocurrency, investment strategies, Environmental, Social, and Governance (ESG), and much more.
Busy NAIC Fall Meeting Brings Forth Key Themes for 2022
Dec 22, 2021 / by AAIS posted in openIDL, Community, Issues & Trends, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Industry Associations, Regulatory/Compliance, Cannabis, Auto, Legislation & Regulation, NAIC, DEI
The National Association of Insurance Commissioners (NAIC) recently wrapped up its fall meeting in San Diego, Ca., where it celebrated its 150th Anniversary. It was a hybrid event with an estimated 1,200 people attending in person and another 1,800 virtually. AAIS Views caught up with our Manager Government Affairs and Compliance, Lori Dreaver Munn and AAIS VP of Memberships & Solutions Truman Esmond, who both attended in person to hear about some of the key themes and takeaways from the meeting.
CT Commissioner / AAIS VP Talk openIDL, Blockchain, & Democratization of Data
Dec 13, 2021 / by AAIS posted in openIDL, Community, Issues & Trends, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Tech News, Regulatory/Compliance, Blockchain, Data, Legislation & Regulation, Data/Tech, GLC
Connecticut Insurance Commissioner Andrew Mais and AAIS VP of Government Affairs, Legal and Compliance, Robin Westcott, recently appeared on AM Best TV to discuss our successful openIDL Proof of Concept (POC) surrounding a COVID-19 Data Call, and how this revolutionary blockchain platform is paving the path for better regulatory reporting across the insurance industry. Watch the replay in full here:
AAIS Viewpoint 2021: What is a Modern Advisory Organization?
Dec 9, 2021 / by AAIS posted in Community, Data & Technology, Insurance News/Current Events, New/Emerging Risks, P&C Insurers, AAIS News & Views, AAIS Insights, AAIS Viewpoint
As we count down the final days of 2021, we remain wholly committed to making all our Members successful by sharing the latest news and information impacting your business to deliver a modern advisory experience second to none. That is the theme of the 2021 installment of our eMagazine, AAIS Viewpoint, which is now available.
Cyber, Fire, Flood…The Triple Threat Facing Homeowners
Nov 23, 2021 / by Linda Jancik posted in Community, Issues & Trends, Insurance News/Current Events, Homeowners, Cyber, New/Emerging Risks, P&C Insurers, Fire, AAIS News & Views, AAIS Insights, Insurance Line of Business, flood
Severe weather, especially wildfire and flood, is increasing across the United States. This is exacerbated by climate change with no reduction in sight. At the same time, cyber criminals, not limited by geography, can invade our homes and businesses from anywhere in the world. Insurers facing this triple threat to homeowners are keenly aware of the trends: