Our latest installment of the AAIS Webinar Series featuring AAIS Partner, reThought Flood, explored the innovative approaches to enhance flood insurance coverage and profitability while addressing the challenges faced by the market. Speakers highlighted the long-standing gap in flood protection and the urgent need for change, emphasizing the importance of education, mitigation, and accurate underwriting to make flood insurance sustainable and profitable. They also discussed how reThought Flood’s AI technology can more accurately predict risks. John Kadous, Vice President of Products at AAIS, led the discussion with Cory Isaacson, Chief Executive Officer of reThought Flood, and Derek Lynch, Chief Underwriting Officer of reThought Flood.
AAIS Webinar Series
Making Flood Insurance Insurable and Profitable
Oct 8, 2024 / by AAIS posted in AAIS Webinar Series, AI, Flood Insurance, flood, catastrophe, reThought Flood
Navigating UBI in Auto Insurance: Insights from Driverscape 2024
Sep 5, 2024 / by Ash Naik posted in Issues & Trends, Telematics, Auto, Commercial Auto, Personal Auto, AAIS Webinar Series, auto insurance, UBI, Usage Based Insurance
The auto insurance landscape is evolving rapidly, driven by technological advancements and changing consumer preferences. The third annual AAIS Driverscape report provides valuable insights into these shifts, helping insurance carriers navigate the complexities of the modern market.
Leveraging Core Systems for Actionable Insights in Policy Claims
Aug 5, 2024 / by AAIS posted in Insights, Data & Technology, Data, AAIS Insights, AAIS Webinar Series, Data/Tech, OneShield
Our latest installment of the AAIS Webinar Series featuring AAIS Partner, OneShield, covered how carriers can effectively leverage and transform core system data into actionable insights to strengthen business decisions and policy claims management. Speakers explored the valuable data types within core systems such as policy, claims, and customer interactions, techniques for extracting and processing this data, and real-world examples demonstrating the impact of these insights. They also discussed the shift from static reports to dynamic data visualization and offered tips for identifying key insights critical for various stakeholders, including underwriters and claims managers. John Kadous, Vice President of Products at AAIS, and John Dunn, Vice President of Sales at OneShield led the discussion with Travis Mayfield, Reporting Product Manager at OneShield.
Accelerate Speed to Market with the AAIS S2M Toolkit
Jun 5, 2024 / by AAIS posted in Insurance Operations, AAIS Webinar Series, Policy Administration, Mind Maps, S2M Toolkit
The decision has been made. Your company’s leadership has determined now is the time to adopt a new product, to expand your company's offerings, and to do so quickly to take advantage of an opportunity in the market.
From Concept to Customer: GhostDraft Discusses the Need for Speed to Market in Insurance
Apr 17, 2024 / by AAIS posted in Technology, Insurtech, Regulatory/Compliance, AAIS Webinar Series, Data/Tech, Data Management, Compliance, GhostDraft
As part of the AAIS Webinar Series, AAIS hosted a virtual discussion on April 4, 2024, featuring AAIS Partner, GhostDraft. Moderated by John Kadous, AAIS Vice President of Products, the session explored the importance and challenges of speed to market. Joined by panelist Laurence White, Executive Vice President of Sales at GhostDraft, the two discussed modern technologies and innovations that can accelerate internal processes as well as how to balance speed and compliance. Kadous and White also offered successful strategies to improve operational efficiencies.
Leveraging Today's Underwriting Technologies to Modernize Homeowners Insurance with Chrp Technologies
Dec 18, 2023 / by AAIS posted in Personal Lines, Technology, Machine Learning/AI, Data & Technology, Insurtech, Homeowners, AAIS Webinar Series, Data/Tech, Underwriting, Artificial Intelligence, CHRP Technologies
As part of the AAIS Webinar Series, AAIS hosted a virtual discussion on December 7, 2023, featuring Chrp Technologies. Moderated by AAIS President & CEO Werner Kruck, the session explored the state of today’s home insurance market as well as the challenges and opportunities that lie ahead. Featured guest speakers Chin Ma, President of Chrp Technologies, and Brandi Wyrick, AVP of Experience at Orion180, reviewed how new and emerging technologies like Chrp can improve underwriting results and operational efficiencies. They also touched upon the role of artificial intelligence (AI) across the insurance space and how companies can leverage new capabilities to improve the customer experience.
Drive Ahead: Overcoming Today's Auto Insurance Challenges
Nov 28, 2023 / by AAIS posted in Technology, Commercial Auto, Personal Auto, AAIS Webinar Series, auto insurance, Insurance Market, AAIS Auto Program
Today's auto insurers are navigating unprecedented challenges. As part of the AAIS Webinar Series, AAIS hosted a virtual presentation on November 16, 2023, moderated by Vice President of Products, John Kadous, and featured Product Manager of Commercial and Personal Auto, Auto Naik. The two discussed current market conditions like premium pricing, compliance, regulation, and technology, and how these challenges are pushing carriers to their limits. They also explored the growing need for adaptable solutions and tools that will empower insurers to confidently navigate the industry's shifting terrain, including a demonstration of an AAIS solution called Mindmaps which is equipping carriers to drive ahead in these uncertain times.
Contractor Risk Product Demo ft. OwlSurance
Sep 22, 2023 / by AAIS posted in Inland Marine, New/Emerging Risks, AAIS Webinar Series, Risk, BizDynamics, OwlSurance
AAIS hosted a virtual presentation on September 14, 2023, featuring AAIS Partner OwlSurance (formerly BizDynamics), a business unit of ValueMomentum, for a demonstration of their contractor risk product. Hosted by Stephanie Vasey, Product Manager of Commercial Lines and Inland Marine at AAIS, the demo was led by Bob Ridinger, Vice President of Sales and Business Development at OwlSurance, and Anand Rajaraman, Vice President of Product Management at OwlSurance.
AAIS Webinar ft. Hartford Steam Boiler: Commercial Cyber Insurance
Jul 26, 2023 / by AAIS posted in Cyber, Commercial Lines, AAIS Webinar Series, Cyber Crime, HSB, cyber insurance
Cyber insurance is a necessity for business owners. Cybercriminals are everywhere; they’re sophisticated and organized, have unlimited resources, and target businesses of every size searching for vulnerabilities. As part of our AAIS Webinar Series, AAIS participated in a virtual presentation on July 11, 2023, featuring AAIS Partner Hartford Steam Boiler (HSB), the leading engineering and technical risk insurer providing equipment breakdown and other specialty coverages, inspection services, and engineering consulting. Hosted by Stephanie Vasey, Product Manager of Commercial Lines and Inland Marine at AAIS, this free continuing education webinar led by Beth Ducker, Product Education Manager at HSB, and Mike Tischler, Client Engagement & Education Specialist at HSB, discussed the coverage elements of cyber insurance and ways to reduce the risk of data breaches and computer system attacks.
AAIS Webinar ft. Davies: Hurricane Models – Creation, Usage, and Regulation
Jun 28, 2023 / by AAIS posted in AAIS Webinar Series, NAIC, Regulation, hurricanes, catastrophe, NatCats, Actuarial, Davies
As part of the AAIS Webinar Series, AAIS hosted a virtual presentation on June 13, 2023, featuring AAIS Partner, Davies. Moderated by AAIS Personal Lines Product Manager, Linda Jancik, the session explored how wind models are created, used, and regulated. Featured guest speakers, Greg Fanoe, Director & Consulting Actuary at Davies, Sandra Darby, Property & Casualty Division Actuary at the Maine Bureau of Insurance, and Shaveta Gupta, Catastrophe Risk & Modeling Actuary at the NAIC, discussed how this data is gathered from inside the storm, why it’s collected, and how it is used by insurance carriers to price policies. The panel also analyzed hurricane models from the regulation side, explaining how regulators use this data to develop legislation to further protect consumers and ensure a healthy market.