Newfront’s Spike Lipkin: AI is the first technology to touch “advisory side” of insuranceAI is the first technology to influence the “advisory side” of insurance rather than just streamlining a process, and that the insurtech’s use of technology “really shines” in RFPs, Newfront CEO Spike Lipkin believes.
Tort reform is lacking, legal system abuse is pervasive as is third-party litigation funding. Because of this, umbrella and excess coverage is experiencing a frequency of severityWTW discusses the two-tiered US casualty market
GC’s Davis: Stepped-up cyber attacks keep industry on its toes TVAn influx of ransomware attacks and an increase in privacy claims driven by data breaches have prompted the industry to reassess cyber risk controls as it looks to safeguard $14bn of global GWP, Guy Carpenter’s cyber practice co-lead Erica Davis has told The Insurer TV.