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
One80’s Pesce: Niche expertise vital for PAs’ continued growth TVConstrained capacity is hindering some program administrators’ ability to grow, with those that are successful providing niche expertise and not simply capacity, according to Chris Pesce, national programs practice leader for One80 Intermediaries.