Insurance News/Current Events (2)

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

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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.

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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

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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:

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Bridging the Talent Gap in Insurance

Nov 4, 2021 / by AAIS posted in Issues & Trends, Insurance News/Current Events, Insurance Operations, Working in Insurance, AAIS News & Views, AAIS Insights, AAIS Pulse, talent, talent gap, University of South Carolina

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In July 2020, consulting firm McKinsey & Company put out a report detailing the talent transformation within the insurance industry. The topline message: Talent strategy is as important as business strategy.

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Insurance Industry Grapples with Discrimination, But Change is Underway

Oct 26, 2021 / by AAIS posted in Community, Issues & Trends, Insurance News/Current Events, Industry Associations, Regulatory/Compliance, Insurance Operations, Working in Insurance, P&C Insurers, AAIS Insights, Business Interruption, DEI

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Diversity, equity, and inclusion (DEI) continue to be a concern in our society, and the issues it presents extend beyond the communities where we live to the places and industries where we work. In 2021, AAIS Director of Government Relations Lori Dreaver Munn presented at the Association of Insurance Compliance Professionals (AICP) Annual Conference on a more nuanced concern – improving DEI in insurance products.

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Swiss Re’s US P&C President Discusses Talent, Climate, Cyber, and More

Sep 1, 2021 / by Ed Kelly posted in openIDL, Community, Insurance, Issues & Trends, Data & Technology, Insurance News/Current Events, COVID-19, Cyber, New/Emerging Risks, Climate Change, Working in Insurance, P&C Insurers, AAIS Webinar Series, flood, Swiss Re, cyber risk, wildfire, social inflation, talent, talent gap, cyber insurnace

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In this edition of CEO Angles, AAIS President and CEO Ed Kelly speaks with Keith Wolfe, President of US Property & Casualty at Swiss Re and an AAIS board member, about lessons learned during the pandemic, the increasing value of data, the need to start looking at climate change, the troubling cyber risk trend, and the hot topic of social inflation.

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NAMIC CEO Talks Pandemic, Social Inflation, Flood and More

Aug 19, 2021 / by Ed Kelly posted in Community, Insurance, Issues & Trends, Data & Technology, Insurance News/Current Events, Industry Associations, AAIS Webinar Series, Business Interruption, NAMIC, Flood Insurance, flood, Inflation

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In the latest edition of CEO Angles, AAIS President and CEO Ed Kelly is joined by recently named President and CEO of the National Association of Mutual Insurance Companies (NAMIC), Neil Alldredge, to talk about a variety of topics including the latest on business interruption insurance, social inflation, flood insurance and future growth opportunities for NAMIC and its member companies.

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Learning From the Surfside Condo Collapse

Aug 10, 2021 / by Matt Hinds-Aldrich posted in openIDL, Technology, Issues & Trends, Data & Technology, Data Management/Distributed Ledger, Insurance News/Current Events, Blockchain, AAIS Insights, Data/Tech, AAIS Views, wildfire, NatCats

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The collapse of the Champlain Towers South condo in Surfside, Florida, shocked the nation, starting a much-needed conversation about the importance of risk mitigation. As the events unfolded, we learned that the information about the significant risk of collapse was known—to some—but simply went unheeded. 

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Capitol Outlook with Faegre Drinker Partner Patrick Hughes

Mar 3, 2021 / by AAIS posted in Insights, Issues & Trends, Insurance News/Current Events, COVID-19, Regulatory/Compliance, Industry, Legislation & Regulation, AAIS Pulse, Compliance, Government, Faegre Drinker, AAIS Views, GLC

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During the February 2021 AAIS Pulse newsmagazine, AAIS VP and General Counsel Robin Westcott was joined by Faegre Drinker Partner Patrick Hughes to examine the impact of the Biden Administration and recent legislative actions on the insurance industry.

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CEO Angles: Big “I” CEO Explains Concerns About the New Direction in Washington

Mar 3, 2021 / by AAIS posted in Insurance, Issues & Trends, Insurance News/Current Events, COVID-19, Working in Insurance, Legislation & Regulation, AAIS Pulse, AAIS Webinar Series, Agents, Brokers, Government, Flood Insurance, Taxes, Economy, AAIS Views, Big I

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AAIS CEO Ed Kelly sat down with Bob Rusbuldt, CEO of the Independent Insurance Agents & Brokers of America (Big I) to discuss the impact of the Biden Administration and COVID-19 on insurers – and what may be ahead in the legislative and regulatory arena.

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AAIS Program Named Elite 50 Internship

Feb 23, 2021 / by AAIS posted in Community, Insurance News/Current Events, COVID-19, AAIS Culture, Industry, AAIS News & Views, Leadership, AAIS Views

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When COVID-19 hit, not only did it wreak havoc on the job market, but on internship programs as well. Thousands of programs were terminated, as organizations scrambled to adjust to the pandemic and remote workforce. AAIS was one organization that kept its internship programs humming along remotely. Its commitment to continuing its quality internship program earned AAIS recognition when it was named to the Rising Insurance Star Executives (RISE) list of Elite 50 Internships.

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